Vertiv Holdings Co (VRT) Sees 65% Price Surge Over Last Quarter

Simplywall
2025.07.29 21:20
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Vertiv Holdings Co (VRT) appointed Wei Shen as president for Greater China, aiming to enhance its market presence. The company's stock surged 65% last quarter, driven by investor confidence and strategic initiatives, including a partnership with NVIDIA for AI data centers. Vertiv's performance has outpaced the U.S. market and electrical industry, with analysts predicting 14% annual revenue growth by 2028. Despite the current share price exceeding the consensus target, optimism remains about future earnings potential.