nVent Electric (NVT) Is Up 11.9% After Record Q3 Revenue Driven by AI Data Center Surge

Simplywall
2025.11.02 10:05
portai
I'm PortAI, I can summarize articles.

nVent Electric reported record Q3 2025 results with sales exceeding $1 billion, driven by AI data center demand and strategic acquisitions. The company expanded its product lineup and manufacturing capacity, responding to a significant increase in orders. While the outlook anticipates $4.5 billion in revenue by 2028, there are risks associated with reliance on AI investment. Current fair value estimates for nVent Electric range from $73.37 to $110.92 per share, reflecting varied investor perspectives on growth and risk.