北交所信息更新 北 交 所 研 究 曙光数创（920808.BJ） 2026 年 03 月 24 日 投资评级：增持（维持） | 日期 | 2026/3/23 | | --- | --- | | 当前股价(元) | 70.33 | | 一年最高最低(元) | 111.50/43.61 | | 总市值(亿元) | 140.66 | | 流通市值(亿元) | 136.84 | | 总股本(亿股) | 2.00 | | 流通股本(亿股) | 1.95 | | 近 3 个月换手率(%) | 83.72 | 北交所研究团队 受益 scaleX640 超节点大规模部署，2025 年营收同比+74.29% ——北交所信息更新 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 根据业绩快报，2025 年实现营收 8.82 亿元、归母净利润 3645.97 万元 根据业绩快报，曙光数创 2025 年公司预计实现营业收入 8.82 亿元，同比增长 74.29%；归母净利润 3645.97 万元，同比下降 40.64%；扣非归母净利润 3181.77 万元，同比增长 46.67%。根据 ...

Is CRDO a good stock to buy? We came across a bullish thesis on Credo Technology Group Holding Ltd on r/stocks by AloneStaff5051. In this article, we will summarize the bulls’ thesis on CRDO. Credo Technology Group Holding Ltd's share was trading at $107.09 as of March 19th. CRDO’s trailing and forward P/E were 58.84 and 23.42, respectively according to Yahoo Finance. Backblaze (BLZE) Sparks Confidence After Impressive Fourth Quarter Copyright: limonzest / 123RF Stock Photo Credo Technology Group Holding ...

It's been a challenge navigating the technology sector so far in 2026. While megacap artificial intelligence (AI) stocks were once considered near locks for market-beating gains, recent selling pressure has investors thinking twice. While hyperscalers in particular continue to face scrutiny, growth can still be found elsewhere. Take Vertiv Holdings (NYSE: VRT) as a prime example: Shares have skyrocketed 62% so far this year -- absolutely dominating the "Magnificent Seven," S&P 500, and Nasdaq-100. Will A ...

Vertiv Holdings Co (NYSE:VRT) is one of Jim Cramer’s latest stock calls as oil drops and the U.S. market rises. Cramer highlighted that the company’s last quarter was a “blowout,” as he commented: If I learned anything out here at GTC, NVIDIA’s festival of artificial intelligence, is that there’s still a mountain of money in this business. Take Vertiv Holdings, which makes power and cooling equipment for the data centers. Hey, look, these guys reported a blowout quarter last month, which is why the stock’ ...

Earnings Call InsightsTecogen outlines data center pipeline and targets $30M–$40M product opportunity through Vertiv partnershipMar. 18, 2026 2:03 PM ETTecogen Inc. (TGEN) StockAI-Generated Earnings Calls InsightsComment(1)Earnings Call Insights: Tecogen Inc. (TGEN) Q4 2025 Management View CEO Abinand Rangesh highlighted "significant forward momentum with the Vertiv relationship," sharing that Vertiv is designing or in the process of designing between 25 and 50 megawatts of Tecogen chillers into variousNews ...

Management is pivoting the core growth strategy toward the data center cooling market, leveraging dual power source chillers to address power-constrained AI compute environments. The partnership with Vertiv has evolved from a marketing agreement toward a master partnership, including the integration of Tecogen's hybrid drive technology into Vertiv's chiller lines. Product revenue lumpy performance was attributed to delays in several non-data center projects, though management maintains these are timin ...

Vertiv (NYSE: VRT) 2026 Conference Summary Industry Overview - The discussion revolves around the data center infrastructure industry, particularly focusing on AI and cooling technologies, as well as the impact of geopolitical situations on supply chains and market dynamics [1][2]. Key Points and Arguments Market Resilience and Geopolitical Impact - Vertiv operates in the EMEA market, including the Middle East, and has built supply chain resilience over the years. The actual impact of geopolitical situations is still uncertain, but there is confidence in market resilience [2]. Demand for AI and Technological Evolution - There is a significant demand for AI technologies, confirmed by both NVIDIA and Vertiv. The evolution of silicon and IT systems is crucial, leading to more cost-efficient AI operations [6][7]. - Vertiv is involved in NVIDIA's Omniverse DSX infrastructure, aimed at optimizing data center designs and deployments [7][8]. Prefabrication and Integrated Infrastructure - The company sees opportunities in prefabrication and integrated infrastructure, which can increase value and capture more market share. The focus is on delivering tailored systems that optimize performance [15][20]. Industry Growth and Adoption of AI - The industry is still in the early stages of AI adoption, with a long growth trajectory ahead. There is strong demand, and the company does not foresee any immediate risks or air pockets in the market [25][36]. Bottlenecks and Challenges - Power supply remains a key bottleneck, but it is being managed effectively. Labor and construction complexities are also challenges, which prefabrication aims to alleviate [31][35]. Customer Selection and Long-term Relationships - Vertiv is selective in choosing projects and focuses on long-term relationships with customers to ensure stability and ongoing revenue from services [48][49]. Cooling Technologies - Liquid cooling is becoming ubiquitous, with a shift from air cooling. The company is adapting its systems to be more efficient and effective, depending on geographical and climatic conditions [91][96]. Services and Lifecycle Management - The complexity of new cooling systems creates opportunities for service growth. The company is focused on lifecycle services, which are expected to grow steadily as equipment comes off warranty [115][122]. Financial Performance and Margins - The company aims for a gross margin of 30%-35% in the long term, with current margins impacted by investments and tariffs. There is a focus on optimizing productivity and managing raw material costs [142][145]. Cash Management and Strategic Investments - Vertiv maintains a strong balance sheet and is cautious about spending. The focus is on R&D and CapEx for immediate returns, rather than stock buybacks or dividends [163][164]. Future Outlook - The company anticipates continued growth in both the cooling and power markets, with synchronous growth rates expected. The enterprise market is also showing signs of growth, particularly in private data and AI applications [102][107][110]. Additional Important Insights - The company emphasizes the importance of being server agnostic in its thermal infrastructure strategy, allowing flexibility in serving various server types [167]. - The transition to 800-volt DC technology is seen as a significant change, with confidence in its future coexistence with traditional powertrain designs [70][168]. This summary encapsulates the key discussions and insights from the Vertiv conference, highlighting the company's strategic focus, market dynamics, and future growth opportunities.

Quick Read Vertiv (VRT) reported Q4 2025 organic orders growth of 252% year-over-year with a $15B backlog at a 2.9x book-to-bill ratio, while guiding 2026 net sales of $13.25B-$13.75B and adjusted EPS of $5.97-$6.07. Nvidia-driven AI infrastructure demand is forcing data center operators to adopt liquid cooling solutions including coolant distribution units and trim coolers, where Vertiv is rapidly expanding manufacturing capacity through new factories and ~$1B in Q4 acquisitions including PerchRight. ...

Company Overview - Vertiv Holdings Co (NYSE:VRT) specializes in designing, manufacturing, and managing power and cooling systems for data centers and digital networks, providing services to ensure these systems operate efficiently [1] Stock Performance - Since going public through a SPAC merger over six years ago, Vertiv's stock has surged by over 1,950%, and the company has been profitable for five consecutive years [1] - The current market capitalization of Vertiv exceeds $101 billion, making it a significant player in the industry [1] Market Position - Vertiv is recognized as a "Cramer fave" by Jim Cramer, indicating strong investor interest and confidence in the company's future prospects [1] - The company's size and performance made it difficult for S&P Global to exclude Vertiv from the S&P 500 index [1] Recent Developments - A recent inquiry during a lightning round on February 23 highlighted the stock's recent performance, with Cramer affirming Vertiv as the best option in its category, despite potential market volatility [1]

Group 1 - A significant shift is occurring in the stock market as Vertiv Holdings Co. and Lumentum Holdings Inc. are set to join the S&P 500, leading to increased trading volume and investor interest [2] - Inclusion in the S&P 500 is viewed as a prestigious achievement, providing a substantial financial tailwind and unlocking predictable capital flows for these companies [3] - The S&P 500 serves as a benchmark for the U.S. stock market, with over $15 trillion in investments tied to it, creating a mechanical obligation for passive funds to purchase shares of newly added companies [4][5] Group 2 - The announcement of inclusion triggers a wave of forced buying from institutional investment funds, which must acquire shares of Vertiv and Lumentum before the effective date of March 23, 2026 [5] - Vertiv specializes in power and cooling solutions critical for high-density AI data centers, while Lumentum provides optical components essential for rapid data transfer in AI applications [6]