On May 26, Vertiv Holdings rose 3.05% in pre-market trading, trading at $337.99/share, with trading volume of $2.578 million. The stock continues its recovery after pulling back over 13% from its all-time high of $377.77.
On the news front, multiple institutions have collectively issued bullish calls on the stock. RBC Capital Markets noted that Vertiv remains in a hyper-growth mode, projecting 20%-22% organic revenue growth through 2030 with an achievable bull case of $21-$22 EPS, citing the North American data center industry's implied 12-year construction backlog. Oppenheimer raised its price target to $353 from $330, maintaining an outperform rating after highlighting the company's differentiated value proposition in power and thermal management. Citigroup previously raised its target to $414, emphasizing Vertiv's clear long-term growth prospects in AI data center infrastructure. The collective analyst upgrades have provided sustained support for the technical rebound from oversold levels.
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