On August 11, Vertiv Holdings LLC rose 3.28% in regular trading, trading at $279.65/share, with turnover of $80.55 million. The stock continues its recovery trajectory following the nearly 14% decline on July 29 triggered by a Q2 revenue miss.
On the news front, multiple investment banks have issued supportive research notes since the earnings release. UBS reiterated its buy rating with a $370 price target, noting that management's reference to \"timing shifts\" related to supply chain congestion in Q2 implies growth should meaningfully recover in Q3. Oppenheimer highlighted strengthening demand, a broadening pipeline, and accelerating July shipments tracking in line with H2 revenue guidance.
While Q2 revenue of $3.27 billion missed expectations of $3.38 billion, adjusted EPS of $1.52 beat the $1.42 consensus by 7%. Critically, the company raised full-year guidance across all metrics, lifting revenue midpoint to $14 billion versus FactSet estimates of $13.88 billion, and adjusted EPS to $6.65-$6.75 versus the $6.49 consensus, signaling management confidence in sustained momentum.
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