Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It offers power management products, uninterruptible power systems, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure that are integral to the technologies used for various services, including e-commerce, online banking, file sharing, video on-demand, energy storage, wireless communications, Internet of Things, and online gaming. The company also provides lifecycle management services, predictive analytics, and professional services for deploying, maintaining, and optimizing these products and their related systems. It offers its products primarily under the Liebert, NetSure, Geist, and Avocent brands. The company serves social media, financial services, healthcare, transportation, retail, education, and government industries through a network of direct sales professionals, independent sales representatives, channel partners, and original equipment manufacturers. Vertiv Holdings Co is headquartered in Columbus, Ohio.
IPO Year: 2018
Exchange: NYSE
Website: vertiv.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/7/2024 | $95.00 → $92.00 | Neutral → Outperform | Mizuho |
4/5/2024 | $96.00 | Outperform | Oppenheimer |
8/2/2023 | $40.00 | Underperform → Buy | BofA Securities |
6/9/2023 | Hold → Buy | Vertical Research | |
10/27/2022 | $11.75 → $20.00 | Market Perform → Outperform | Cowen |
4/1/2022 | $29.00 → $18.00 | Neutral → Overweight | JP Morgan |
2/24/2022 | $27.00 → $13.00 | Neutral | Mizuho |
2/24/2022 | $31.00 → $16.00 | Buy | Deutsche Bank |
2/24/2022 | $11.50 | Outperform → Market Perform | Cowen & Co. |
2/23/2022 | $17.00 → $15.00 | Buy → Underperform | BofA Securities |
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
USA News Group CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, July 30, 2024 /PRNewswire/ -- Large tech companies have ramped up their spending on developing generative artificial intelligence (genAI), banking on big financial returns in the future. According to a report from Goldman Sachs, these tech giants are set to spend over $1 trillion on AI capex in coming years, generating more and more costs along the way. Another major private-equity firm, Blackstone Inc. (NYSE:BX), is betting on the AI surge to continue, predicting double that of Goldman Sachs, by including another $1 trillion in capital expenditures outside of the United States. Behind the scenes are several
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in the upcoming 10th Annual TD Cowen Communications Infrastructure Summit in Boulder, Colorado. Giordano Albertazzi, Chief Executive Officer, and Scott Armul, Vice President Global Strategic Accounts, will participate in a fireside chat at the event on Tuesday, August 13, 2024 at 2:55 p.m. Mountain time (4:55 p.m. Eastern time). A live webcast of the event and any related presentation materials will be available in the Investor Relations section of Vertiv's website at investors.vertiv.com. A recording of the event will be available for 30 days following the
Vertiv™ MegaMod™ CoolChip solution integrates best-in-class technologies, including high-density liquid cooling, to deliver turnkey AI critical digital infrastructure up to 50% faster than onsite build With demand for AI-ready data center capacity outstripping supply, developers and operators are focused on bringing new capacity online as quickly as possible. To support this goal, Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today launched the Vertiv™ MegaMod™ CoolChip, a liquid cooling-equipped prefabricated modular (PFM) data center solution engineered to enable efficient and reliable AI computing. The solution can be configured to su
Second quarter 2024 organic orders up 57% compared to second quarter 2023, and up 37% on a trailing twelve-month basis Second quarter 2024 net sales of $1,953 million, 13% higher than second quarter 2023 and organic net sales growth(1) of 14% Second quarter 2024 operating profit of $336 million, up 63% from second quarter 2023, and adjusted operating profit(1) of $382 million, up 52% from second quarter 2023 Adjusted operating margin(1) of 19.6%, up 510 basis points compared to second quarter 2023 Raising 2024 net sales guidance to $7,665 million at the midpoint, $50 million higher than prior guidance Raising 2024 operating profit guidance to $1,256 million at the midpo
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, and ZincFive®, the world leader in nickel-zinc (NiZn) battery-based solutions for immediate power applications, today announced that Vertiv will add the ZincFive BC Series uninterruptible power supply (UPS) Battery Cabinets to its portfolio of battery systems available for data center backup power. The safe and recyclable nickel-zinc batteries are compatible with select large and medium Vertiv™ UPS, including the recently launched Vertiv™ Trinergy, systems as a source of backup energy storage, complementing the company's commitment to enable customers to minimize the environmental footprint of
USA News Group Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, BC, July 10, 2024 /PRNewswire/ -- USA News Group – With the rise of the artificial intelligence (AI) revolution, so too comes a massive increase in energy consumption, drawn by thousands of computers in data centers across the world. According to the International Energy Agency (IEA), global data center electricity demand will more than double from 2022 to 2026, with AI playing a major role in that increase. It's because of this, there is already skepticism growing over if AI's insatiable energy demand will jeopardize Big Tech's climate goals, as it wreaks havoc on global power systems. Working to address these
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its second quarter 2024 results before market open on Wednesday, July 24, 2024. The press release will contain a link to the presentation materials providing a second quarter 2024 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available
Vertiv engineers will engage in brainstorming, thought leadership sessions, and panels on the topics of next-generation data centers and the impact of AI on infrastructure Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, is hosting its invitation-only Technology Fair for Vertiv engineers this week, an innovation event to encourage collaboration and creativity for future data centers, and to recognize and reward the efforts of the more than 400 attending Vertiv engineers that represent a subset of Vertiv's larger global engineering team. This group includes many recent and repeat Vertiv patent holders. Previous Vertiv Technology Fair events
VANCOUVER, BC and WESTERVILLE, Ohio, June 18, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) and Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, have entered into a strategic technology partnership with a focus on backup power applications for data centres and critical infrastructures, scalable from 200kW to multiple MWs. Collaborating to demonstrate the technical feasibility and customer benefits of hydrogen-powered fuel cell solutions, Vertiv has integrated Ballard fuel cell power modules with Vertiv™ Lieb
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the completion of the repricing of Vertiv Group Corporation's, a subsidiary of Vertiv Holdings Co, existing seven-year $2.1 billion Term Loan. The repricing reduces the interest on the Term Loan by approximately 61 basis points to Term SOFR + 200 basis points, resulting in interest savings of approximately $13 million per year. About Vertiv Vertiv (NYSE:VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important c
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13G - Vertiv Holdings Co (0001674101) (Subject)
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13G - Vertiv Holdings Co (0001674101) (Subject)
SC 13G - Vertiv Holdings Co (0001674101) (Subject)
SC 13D/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13D/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13D/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
10-Q - Vertiv Holdings Co (0001674101) (Filer)
8-K - Vertiv Holdings Co (0001674101) (Filer)
11-K - Vertiv Holdings Co (0001674101) (Filer)
8-K - Vertiv Holdings Co (0001674101) (Filer)
8-K - Vertiv Holdings Co (0001674101) (Filer)
8-K - Vertiv Holdings Co (0001674101) (Filer)
SD - Vertiv Holdings Co (0001674101) (Filer)
144 - Vertiv Holdings Co (0001674101) (Subject)
144 - Vertiv Holdings Co (0001674101) (Subject)
ARS - Vertiv Holdings Co (0001674101) (Filer)
Second quarter 2024 organic orders up 57% compared to second quarter 2023, and up 37% on a trailing twelve-month basis Second quarter 2024 net sales of $1,953 million, 13% higher than second quarter 2023 and organic net sales growth(1) of 14% Second quarter 2024 operating profit of $336 million, up 63% from second quarter 2023, and adjusted operating profit(1) of $382 million, up 52% from second quarter 2023 Adjusted operating margin(1) of 19.6%, up 510 basis points compared to second quarter 2023 Raising 2024 net sales guidance to $7,665 million at the midpoint, $50 million higher than prior guidance Raising 2024 operating profit guidance to $1,256 million at the midpo
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its second quarter 2024 results before market open on Wednesday, July 24, 2024. The press release will contain a link to the presentation materials providing a second quarter 2024 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share of the company's Class A common stock. The cash dividend will be payable on June 26, 2024, to shareholders of record of Class A common stock at the close of business on June 17, 2024. About Vertiv Vertiv (NYSE:VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communication networ
First quarter 2024 organic orders up 60% compared to first quarter 2023, book-to-bill ratio 1.5x in first quarter 2024 and record high $6.3 billion backlog at the end of first quarter 2024 First quarter 2024 net sales of $1,639 million, 8% higher than first quarter 2023 First quarter 2024 operating profit of $203 million and adjusted operating profit(1) of $249 million, up 42% from first quarter 2023 Accelerated capital deployment with $600 million in share repurchases (~9.1 million shares at $66/share weighted average price) in first quarter 2024 Raising full year 2024 guidance, expect net sales growth of 12% at the midpoint, operating profit of $1,150 to $1,200 million and ad
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its first quarter 2024 results before market open on Wednesday, April 24, 2024. The press release will contain a link to the presentation materials providing a first quarter 2024 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available f
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share of the company's Class A common stock. The cash dividend will be payable on March 28, 2024, to shareholders of record of Class A common stock at the close of business on March 19, 2024. About Vertiv Vertiv (NYSE:VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communication netw
Fourth quarter net sales of $1,865 million, 13% higher than the fourth quarter of 2022 Fourth quarter organic orders up 23% from fourth quarter 2022. Record high $5.5 billion backlog at the end of fourth quarter 2023 Fourth quarter operating profit of $285 million and adjusted operating profit(1) of $330 million, up 57% from fourth quarter 2022 Operating cash flow of $356 million and adjusted free cash flow(1) of $305 million, an increase of $162 million over the fourth quarter 2022. Net leverage of 1.9x at end of fourth quarter 2023 Full year 2023 operating cash flow of $901 million and adjusted free cash flow of $778 million, an increase of $1,038 million compared to full yea
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its fourth quarter and full year 2023 results before market open on Wednesday, February 21, 2024. The press release will contain a link to the presentation materials providing a fourth quarter and full year 2023 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the confere
Third quarter net sales of $1,743 million, 18% higher than the third quarter of 2022 and organic net sales growth(1) of 17% Third quarter orders up 11% (excluding foreign exchange) from last year. Record high $5.0 billion backlog Third quarter operating profit of $251 million and adjusted operating profit(1) of $296 million, exceeding high-end of guidance range by $36 million Adjusted operating margin(1) of 17.0%, up 790 basis points compared to last year's third quarter Operating cash flow of $249 million and adjusted free cash flow(1) of $221 million, an increase of $242 million over the third quarter 2022 Net leverage of 2.4x at end of third quarter and forecasted to be ~
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2023 results before market open on Wednesday, October 25, 2023. The press release will contain a link to the presentation materials providing a third quarter 2023 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available
USA News Group Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, May 31, 2024 /PRNewswire/ -- USA News Group – With the artificial intelligence (AI) revolution fully underway, the importance and security of the data centers that power the new technology is surging. The role and preservation of these data centers is generating multiple calls for them and their power sources to be recognized as a matter of national security. Former Google CEO Eric Schmidt went so far as to predict that AI data centers will one day be "on military bases surrounded by machine guns," as stated in an interview with Noema Magazine. According to analysts at Dell'Oro Group, data center spending is fo
Deal to strengthen Vertiv's capabilities to support deployment of AI at scale Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that subsidiaries of the company have entered into a definitive agreement to acquire all of the shares of CoolTera Ltd. (CoolTera), a provider of coolant distribution infrastructure for data center liquid cooling technology and certain assets, including certain contracts, patents, trademarks, and intellectual property from an affiliate of CoolTera. Founded in 2016 and based in the UK, CoolTera provides liquid cooling infrastructure solutions, and designs and manufactures coolant distribution units
Latest addition brings extensive financial experience, expands Board to ten members Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the appointment of Jakki Haussler to its Board of Directors. Ms. Haussler will serve on the Audit Committee of the Board. Ms. Haussler is the Non-Executive Chairman of Opus Capital Management, Inc., which she co-founded in 1996 and subsequently led as CEO until 2019. Haussler has served in a variety of leadership positions in the investment community, including as the managing director of Capvest Venture Fund LP, and a partner at both Adena Ventures LP and Blue Chip Venture Company. She has ext
Document highlights Vertiv efforts around energy- and water-efficiency, DE&I, safety, and other ESG activities Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today released its inaugural environmental, social and governance (ESG) report, the company's first public report of its ESG activities. The report outlines Vertiv's approach to energy and water efficiency; diversity, equity and inclusion (DE&I); employee health and safety; and other ESG-related topics. The content covered in the report serves as a baseline upon which the organization will build future efforts. "We all know how critical connectivity is to our daily lives and the glo
PHOENIX, Feb. 9, 2021 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a global leader in smart transportation, today announced the upcoming appointment of Steven C. Lalla to Executive Vice President, Commercial Services. As a key member of the executive team, Mr. Lalla will lead Verra Mobility's Commercial Services business unit. "Our Commercial Services offerings serve a crucial role in our customers' businesses by providing fully outsourced tolling, violations management, and title and registration services to many of the leading commercial vehicle fleets in the world," said David Roberts, President and CEO, Verra Mobility. "We believe that Steve's proven leadership abilities and deep te
Mizuho upgraded Vertiv from Neutral to Outperform and set a new price target of $92.00 from $95.00 previously
Oppenheimer initiated coverage of Vertiv with a rating of Outperform and set a new price target of $96.00
BofA Securities upgraded Vertiv from Underperform to Buy and set a new price target of $40.00
Vertical Research upgraded Vertiv from Hold to Buy
Cowen upgraded Vertiv from Market Perform to Outperform and set a new price target of $20.00 from $11.75 previously
JP Morgan upgraded Vertiv from Neutral to Overweight and set a new price target of $18.00 from $29.00 previously
Mizuho reiterated coverage of Vertiv Holdings with a rating of Neutral and set a new price target of $13.00 from $27.00 previously
Deutsche Bank reiterated coverage of Vertiv Holdings with a rating of Buy and set a new price target of $16.00 from $31.00 previously
Cowen & Co. downgraded Vertiv Holdings from Outperform to Market Perform and set a new price target of $11.50
BofA Securities downgraded Vertiv from Buy to Underperform and set a new price target of $15.00 from $17.00 previously
`
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AAL PUT TRADE BEARISH 07/26/24 $10.50 $795.0K 51.7K 16.8K UPS CALL SWEEP BEARISH 09/20/24 $130.00 $78
Wall Street experienced a turbulent session on Wednesday, with the S&P 500 index heading toward its worst performance in over a year and the tech-focused Nasdaq 100 eyeing its fifth decline in the last six sessions. The Magnificent Seven group — Microsoft Corp. (NYSE:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corp., Alphabet Inc., Amazon Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META) and Tesla, Inc. — wiped out over $570 billion in their combined market valuation by midday trading in New York. The Roundhill Magnificent Seven ETF (NYSE:MAGS) fell 4.9%, marking the worst daily performance since the fund’s inception last year. Tesla shares plummeted over 11% after missing earnings exp
Vertiv Holdings Co (NYSE:VRT) shares are trading lower after the company reported second-quarter FY24 results. Net sales rose 13% Y/Y to $1.953 billion, beating the consensus of $1.939 billion. Organic orders (excluding foreign exchange) rose 57% Y/Y in the quarter. The book-to-bill ratio stood at 1.4x in the quarter. Adjusted EPS stood at $0.67, beating the consensus of $0.57. Adjusted operating profit surged 52% year-over-year to $382 million, with the margin expanding 510 basis points to 19.6%, driven by higher volumes, favorable price-cost dynamics, and productivity improvements, though partially offset by increased R&D and capacity investments. Operating cash flow reached $3
Financial giants have made a conspicuous bearish move on Vertiv Hldgs. Our analysis of options history for Vertiv Hldgs (NYSE:VRT) revealed 11 unusual trades. Delving into the details, we found 27% of traders were bullish, while 72% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $96,005, and 9 were calls, valued at $565,471. What's The Price Target? Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $115.0 for Vertiv Hldgs during the past quarter. Volume & Open Interest Development In today's trading context, the average open interest for options of Vertiv Hldgs sta
$7,590M - $7,740M
Vertiv Hldgs (NYSE:VRT) reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $0.57 by 17.54 percent. The company reported quarterly sales of $1.953 billion which beat the analyst consensus estimate of $1.939 billion by 0.71 percent. This is a 12.63 percent increase over sales of $1.734 billion the same period last year.