Vertiv (NYSE:VRT) Issues Quarterly Earnings Results

Vertiv (NYSE:VRT) issued its earnings results on Wednesday. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09, FiscalAI reports. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the business earned $0.95 earnings per share. The company’s quarterly revenue was up 24.1% on a year-over-year basis. Vertiv updated its Q3 2026 guidance to 1.770-1.830 EPS and its FY 2026 guidance to 6.650-6.750 EPS.

Here are the key takeaways from Vertiv’s conference call:

• Vertiv reported strong second-quarter results, with sales up 24% year over year to $3.274 billion, adjusted operating margin expanding 410 basis points to 22.6%, adjusted EPS rising 60% to $1.52, and free cash flow reaching $925 million.
• Management raised its full-year 2026 outlook across key metrics, including sales to approximately $14 billion, adjusted EPS to $6.70, adjusted operating profit to $3.325 billion, and adjusted free cash flow to $2.5 billion.
• Demand remains broad and strong across regions and customer types, with an accelerating pipeline, robust backlog, favorable pricing, and expectations for significant second-half growth; Q3 sales are projected to increase 40% year over year.
• Vertiv said minor revenue timing shifts resulted from the increasing complexity of large, multi-phase projects and internal and external supply-chain interdependencies. The company expects the delayed revenue to be recognized in the second half but acknowledged an ongoing learning curve as project complexity rises.
• The company is investing in capacity and next-generation technologies, including 800-volt DC power architectures, liquid cooling, and acquisitions spanning heat rejection and direct-to-chip cooling; management expects these offerings to increase Vertiv’s content opportunity per megawatt over time.

Vertiv Trading Up 6.7%

NYSE VRT traded up $15.18 during trading on Friday, hitting $242.68. 4,694,308 shares of the company’s stock traded hands, compared to its average volume of 6,833,378. The stock has a fifty day moving average of $307.36 and a two-hundred day moving average of $277.10. Vertiv has a 12-month low of $118.70 and a 12-month high of $379.93. The firm has a market cap of $93.22 billion, a P/E ratio of 54.60, a PEG ratio of 0.92 and a beta of 2.03. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.15.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio is presently 5.66%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Bank of America boosted their target price on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a report on Friday, May 15th. JPMorgan Chase & Co. increased their price objective on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Glj Research raised shares of Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Robert W. Baird set a $320.00 price objective on shares of Vertiv in a report on Thursday. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Vertiv in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $339.33.

More Vertiv News

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: AI infrastructure demand remains a major catalyst. Big Tech companies are expected to spend more than $750 billion on AI infrastructure in 2026, supporting demand for Vertiv’s power and cooling systems used in data centers. Vertiv also reported strengthening demand and a broadening customer pipeline. Buy 5 AI Infrastructure Stocks as Big Techs Assure Lasting AI Frenzy
• Positive Sentiment: Second-quarter profitability exceeded expectations. Vertiv reported adjusted EPS of $1.52, above the $1.43 consensus, as stronger margins and operating execution offset weaker-than-expected sales. Revenue still grew 24.1% year over year, and management raised its 2026 outlook. Vertiv Q2 Earnings Beat Estimates
• Positive Sentiment: Technical and consensus factors could attract buyers. After falling 24.3% over four weeks, VRT is considered oversold. Zacks also cited broad analyst support for higher earnings estimates, while Wall Street price targets imply substantial upside from recent trading levels. Vertiv Looks Ripe for a Turnaround
• Neutral Sentiment: Analysts remain bullish but have become more cautious. Citigroup cut its target from $414 to $358 while maintaining a Buy rating, and KeyCorp lowered its target from $360 to $325 while retaining an Overweight rating. The reductions reflect near-term execution or valuation concerns, but both firms still see considerable potential upside.
• Negative Sentiment: Revenue performance triggered the selloff. Second-quarter sales of $3.27 billion missed the $3.38 billion consensus estimate. The revenue shortfall, combined with the stock’s elevated valuation and high volatility, has outweighed the earnings beat for some investors and remains a near-term risk.

Hedge Funds Weigh In On Vertiv

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after purchasing an additional 56 shares during the period. Rossby Financial LCC purchased a new stake in Vertiv during the 4th quarter valued at $27,000. Meeder Asset Management Inc. increased its position in shares of Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after acquiring an additional 112 shares during the period. Measured Wealth Private Client Group LLC bought a new position in shares of Vertiv during the third quarter valued at about $30,000. Finally, Silicon Valley Capital Partners bought a new stake in shares of Vertiv in the fourth quarter worth about $32,000. 89.92% of the stock is currently owned by institutional investors.

About Vertiv

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.