Jefferies initiated coverage on Vertiv with a new price target
$VRT
Industrial Machinery/Components
Technology
Jefferies initiated coverage of Vertiv with a rating of Buy and set a new price target of $125.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $155.00 | Buy | UBS |
| 10/7/2024 | $125.00 | Buy | Jefferies |
| 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 |
SC 13G - Vertiv Holdings Co (0001674101) (Subject)
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
Innovation in powering and cooling AI racks, management of energy consumption and emissions all to be a focus in new year AI continues to reshape the data center industry, a reality reflected in the projected 2025 data center trends from Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions. Vertiv experts anticipate increased industry innovation and integration to support high-density computing, regulatory scrutiny around AI, as well as increasing focus on sustainability and cybersecurity efforts. "Our experts correctly identified the proliferation of AI and the need to transition to more complex liquid- and air-cooling strategies as a trend f
VertivTM CoolChip CDU liquid-to-liquid and liquid-to-air solutions support hyperscale, colocation and enterprise applications Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced a significant expansion of its liquid cooling product portfolio with the introduction of two new Vertiv™ CoolChip CDU (coolant distribution unit) systems. These systems enable modular, cost-effective liquid cooling deployments in data centers, making it possible to operate high-density computing for AI alongside traditional air-cooled racks. The new CDUs are on display at the Vertiv booth at SC24, the international conference for high performance comput
First-of-its-kind cooling solution integrates air and liquid cooling technologies to meet the evolving and mixed cooling needs of data centers supporting AI Data center operators face the challenge of supporting rapidly evolving environments in which established IT applications increasingly co-exist alongside the high-density computing being deployed to support AI. Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, and Compass Datacenters, which designs, builds and operates data center campuses for some of the world's largest technology companies, announced today they have collaborated to develop a first-of-its-kind solution that enables futu
Net sales of $2,074 million, 19% higher than third quarter 2023. Operating profit of $372 million, up 48% from third quarter 2023, and adjusted operating profit(1) of $417 million, up 41% from third quarter 2023 Strong third quarter trailing twelve-month (TTM) organic orders up ~37% compared to prior year TTM period. Third quarter organic orders growth of ~17% vs. prior year Adjusted operating margin(1) of 20.1%, up 310 basis points compared to third quarter 2023 Diluted EPS of $0.46 and adjusted diluted EPS(1) of $0.76, above high-end of prior guidance Operating cash flow of $375 million and adjusted free cash flow(1) of $336 million in third quarter 2024. Net leverage of 1.4x at
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2024 results before market open on Wednesday, October 23, 2024. The press release will contain a link to the presentation materials providing a third 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 September 26, 2024, to shareholders of record of Class A common stock at the close of business on September 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, communicat
UBS initiated coverage of Vertiv with a rating of Buy and set a new price target of $155.00
Jefferies initiated coverage of Vertiv with a rating of Buy and set a new price target of $125.00
Mizuho upgraded Vertiv from Neutral to Outperform and set a new price target of $92.00 from $95.00 previously
144 - Vertiv Holdings Co (0001674101) (Subject)
144 - Vertiv Holdings Co (0001674101) (Subject)
8-K - Vertiv Holdings Co (0001674101) (Filer)
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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
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
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