---
title: "Best SPAC \"shell\"! \"AI New Noble\" Vertiv has risen 555% in four years"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/201543564.md"
description: "Best SPAC \"shell\"! \"AI New Noble\" Vertiv has risen by 555% in four years. Vertiv is an AI infrastructure company that went public through a SPAC merger. Its return rate has exceeded eight times that of the S&P 500 index during the same period. Analysts have given positive ratings to Vertiv and set a target stock price of $96. However, the average analyst forecast from media surveys predicts that the stock's growth in the next year will be less than 1%. For Vertiv investors, the development prospects of the data center market are crucial. Evercore ISI analysts believe that Vertiv \"may be the company that benefits the most from AI development.\" Trump's media company is also one of the SPAC merger companies that are highly anticipated"
datetime: "2024-04-09T10:43:51.000Z"
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  - [zh-CN](https://longbridge.com/zh-CN/news/201543564.md)
  - [en](https://longbridge.com/en/news/201543564.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/201543564.md)
---

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# Best SPAC "shell"! "AI New Noble" Vertiv has risen 555% in four years

Benefiting from the rapid development of AI, Vertiv Holdings has become the best-performing company among those listed through reverse mergers, with a 555% surge in market value exceeding $30 billion over the past four years.

Vertiv is an AI infrastructure company that went public through a merger with a special purpose acquisition company (SPAC) supported by Goldman Sachs in 2020. Most of its revenue comes from sales of products such as power management for data centers and IT systems.

**Amid a wave of losses for SPAC investors, Vertiv's rise stands out. Data compiled by the media shows that out of nearly 500 SPAC transactions completed since 2019, over one-fifth of them are now trading below $1 per share, with a decline of over 90%. In contrast, Vertiv's returns have exceeded the S&P 500 index's growth rate by more than eight times.**

Analysts currently have given Vertiv 12 buy ratings, 1 hold rating, and 0 sell ratings. Analyst Noah Kaye from Oppenheimer further stated that he rates the stock as "outperform" with a target price of $96. However, the average analyst forecast from media surveys suggests that **the stock's growth in the next year will be less than 1%.**

For investors in Vertiv, **the realization of expectations for the rapidly growing data center market is crucial**. Amit Darynani, an analyst at Evercore ISI, wrote that among data center infrastructure companies, Vertiv "may be the company best positioned to benefit from AI development." He believes that under optimistic circumstances, Vertiv's stock price could rise to $150. At the same time, Darynani points out that to reach that level, the operating profit margin must meet standards and benefit from the transition from air-cooled to liquid-cooled computer equipment.

It is worth mentioning that **the media company of former U.S. President Trump, also a highly anticipated SPAC merger company, saw its stock price surge close to Vertiv's after going public, but later gave back all gains, falling back to the price at the time of the merger on March 22.**

### Related Stocks

- [Vertiv Holdings Co (VRT.US)](https://longbridge.com/en/quote/VRT.US.md)

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- [$1000 Invested In Vertiv Holdings 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/270362731.md)
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