Vertiv’s (VRT) AI Opportunity Is Growing Fast — Here’s Why Analysts Are Confident

Core Insights - Vertiv Holdings Co (NYSE:VRT) is recognized as a significant AI stock on Wall Street, with Evercore ISI raising its price target to $210 from $200 while maintaining an Outperform rating following strong quarterly results [1][4] Financial Performance - The company reported third-quarter revenue of $2.67 billion and earnings per share (EPS) of $1.24, surpassing analyst expectations of $2.58 billion and $0.98 respectively [1] - Vertiv experienced an impressive organic revenue growth of approximately 28% year-over-year, driven by North America (+43%) and APAC (+21%), while EMEA showed a decline of 4% [2] Future Guidance - For the December quarter, the company guided for approximately 20% organic growth to $2.85 billion and EPS of $1.26, with an EBIT margin of 22.4% [3][4] - The guidance reflects a softer EBIT margin due to higher tariff costs and increased fixed costs, as capital expenditure additions have been pulled in from early 2026 to December 2025 [3][4] Order and Backlog Insights - Orders surged by 60% in Q3, driven by strong AI data center engagements totaling around $3.75 billion, resulting in a book-to-bill ratio of 1.4x and a backlog of $9.5 billion [2][4] - The backlog consists of firm purchase orders, indicating potential upside from recent large engagements in the AI sector [4]