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Vertiv Holdings (VRT) Surges on AI-Driven Demand, Analysts Raise Targets

Vertiv Holdings (VRT) Surges on AI-Driven Demand, Analysts Raise Targets

Author:

Global Cryptocurrency

Published:

2025-10-23 15:06:03

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BTCCSquare news:

Vertiv Holdings delivered a standout third-quarter performance, with revenue climbing 29% to $2.68 billion, surpassing estimates. Earnings per share soared 63% to $1.24, fueled by a 220-basis-point expansion in adjusted operating margins. The company's backlog now stands at $9.5 billion, reflecting robust demand for its AI infrastructure solutions.

Wall Street analysts responded by lifting price targets, citing Vertiv's raised full-year guidance. Adjusted EPS is now projected between $4.07 and $4.13, up from prior estimates. The surge underscores the growing appetite for data center infrastructure as AI adoption accelerates across industries.

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