On July 31, Vertiv Holdings LLC rose 4.22% in pre-market trading, trading at $237.55/share, with turnover of $2.2887 million. The stock continues its recovery from a 17%+ selloff earlier in the week after Q2 revenue missed expectations.

On the news front, UBS and Oppenheimer simultaneously published research reports offering positive assessments of the company's outlook. UBS noted that management attributed the Q2 revenue shortfall to \"timing shifts\" caused by supply chain congestion, implying that growth is expected to meaningfully recover in Q3. The brokerage reiterated its buy rating and $370 price target. Oppenheimer highlighted strengthening demand, a broadening pipeline across geographies and product categories, and accelerating July shipments that track in line with the company's guided second-half revenue outlook.

For context, Vertiv reported Q2 adjusted EPS of $1.52, beating the $1.42 consensus by 7% and growing 60% year-over-year, while revenue of $3.27 billion fell $110 million short of expectations. The company raised its full-year revenue guidance midpoint to $14 billion and adjusted EPS guidance to $6.65-$6.75, both above prior Street estimates.

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