Vertiv (VRT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Heading into the Q1 2026 print, I was bullish on Vertiv Holdings Co. I remain bullish, although my conviction is now lower due to the backlog opacity. Missing the Q1 backlog disclosure is the main near-term risk, especially with the May investor conference approaching and VRT investors still focused on demand visibility. That said, VRT management said the pipeline remains strong and expects orders to rise year over year in 2026, despite not giving a concrete backlog figure.
Over the past several years, data center power and thermal management stock Vertiv NYSE: VRT one of the hottest names in the market. Since the beginning of 2024, Vertiv shares are up more than 500%, and this stock is continuing its remarkable performance in 2026.
Vertiv stock is up 86% since the beginning of 2026 in the wake of huge growth in order backlog reported in February and a first quarter 2026 financial report that exceeded consensus estimates and and raised full-year guidance.
VRT's Q1'26 EPS surges 83% to $1.17 as margins widen and Americas demand stays hot on strong data center momentum.
Vertiv Holdings Co. has delivered over 300% returns in the past year, outpacing peers due to surging AI-driven data center power infrastructure demand. It surpassed my wildest imagination! VRT's revenue and operating income are propelled by rising rack density, elongated backlogs, and robust pricing power, with Q1 adjusted EPS up 80% and net sales up 30%. Management guides for a 47% YoY increase in adjusted EPS and 27% net sales growth, with no signs of near-term slowdown (yet).
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Organic Sales Growth: Up 23% year-on-year in Q1 2026.Total Sales Growth: 30% including M&A and FX impacts.Americas Organic Growth: 44% increase.APAC Organic Gr
Vertiv Holdings Co (VRT) Q1 2026 Earnings Call Transcript
Vertiv Holdings delivered a robust Q1 2026, with 30% YoY revenue growth and an 83% increase in adjusted EPS, yet shares declined on overseas weakness. VRT raised full-year 2026 revenue guidance to $13.5–$14.0 billion and adjusted EPS by $0.33 at the midpoint, signaling continued AI infrastructure demand. The Americas segment saw organic sales surge by 44% YoY, sustaining mid-40% growth for three consecutive quarters and now representing 62% of total revenue.
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