Vertiv (NYSE:VRT) Announces Earnings Results, Beats Estimates By $0.09 EPS

Vertiv (NYSE:VRT) announced its quarterly earnings data on Wednesday. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09, FiscalAI reports. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period in the previous year, the company earned $0.95 earnings per share. Vertiv’s quarterly revenue was up 24.1% on a year-over-year basis. Vertiv updated its Q3 2026 guidance to 1.770-1.830 EPS and its FY 2026 guidance to 6.650-6.750 EPS.

Here are the key takeaways from Vertiv’s conference call:

• Vertiv reported strong second-quarter results, with sales up 24% year over year to $3.274 billion, adjusted operating margin expanding 410 basis points to 22.6%, adjusted EPS rising 60% to $1.52, and free cash flow reaching $925 million.
• Management raised its full-year 2026 outlook across key metrics, including sales to approximately $14 billion, adjusted EPS to $6.70, adjusted operating profit to $3.325 billion, and adjusted free cash flow to $2.5 billion.
• Demand remains broad and strong across regions and customer types, with an accelerating pipeline, robust backlog, favorable pricing, and expectations for significant second-half growth; Q3 sales are projected to increase 40% year over year.
• Vertiv said minor revenue timing shifts resulted from the increasing complexity of large, multi-phase projects and internal and external supply-chain interdependencies. The company expects the delayed revenue to be recognized in the second half but acknowledged an ongoing learning curve as project complexity rises.
• The company is investing in capacity and next-generation technologies, including 800-volt DC power architectures, liquid cooling, and acquisitions spanning heat rejection and direct-to-chip cooling; management expects these offerings to increase Vertiv’s content opportunity per megawatt over time.

Vertiv Stock Performance

Shares of Vertiv stock traded up $5.54 on Thursday, reaching $228.58. 6,027,412 shares of the company were exchanged, compared to its average volume of 6,785,495. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The company’s 50-day moving average is $309.27 and its two-hundred day moving average is $276.65. The firm has a market cap of $87.80 billion, a price-to-earnings ratio of 57.61, a P/E/G ratio of 1.16 and a beta of 2.03. Vertiv has a 1-year low of $118.70 and a 1-year high of $379.93.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is 6.28%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VRT. Vermillion & White Wealth Management Group LLC lifted its stake in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after buying an additional 56 shares during the last quarter. Meeder Asset Management Inc. grew its position in shares of Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after acquiring an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new stake in shares of Vertiv in the 4th quarter worth about $27,000. Silicon Valley Capital Partners acquired a new stake in shares of Vertiv in the 4th quarter worth about $32,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in Vertiv in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv News Roundup

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Raised 2026 outlook: Vertiv increased full-year 2026 adjusted EPS guidance to $6.65-$6.75, above the $6.47 consensus, and set revenue guidance at approximately $14 billion, slightly ahead of expectations. Third-quarter revenue guidance of $3.7-$3.9 billion also brackets or exceeds analyst estimates. Vertiv Reports Strong Second Quarter 2026
• Positive Sentiment: Strong profitability and AI demand: Second-quarter sales rose 24% year over year to $3.27 billion, operating profit increased 44%, and adjusted EPS rose 60% to $1.52, beating the $1.43 consensus. Management and the earnings call highlighted robust demand for AI infrastructure and data-center capacity. Vertiv Q2 Earnings Call Highlights AI Data Center Growth
• Positive Sentiment: Analysts still see substantial upside: KeyCorp retained an “overweight” rating despite lowering its price target to $325 from $360. The broader Wall Street consensus target is about $376, supporting the bullish view that the recent decline may offer an entry point. Vertiv Falls 25% in 1 Month
• Neutral Sentiment: Vertiv’s shares remain highly volatile and trade at a premium valuation, with a reported P/E ratio near 58 and beta above 2, leaving the stock sensitive to growth expectations and changes in AI-investment sentiment.
• Negative Sentiment: Revenue missed expectations: Second-quarter revenue of $3.27 billion fell short of the $3.38 billion analyst estimate. The miss, attributed partly to timing shifts, caused a substantial initial decline and left the stock headed toward one of its weakest weeks in years. Vertiv Reports Sales Below Analyst Estimates
• Negative Sentiment: KeyCorp’s target-price reduction from $360 to $325 indicates analysts are tempering near-term expectations, even though the firm maintained its bullish rating.

Wall Street Analyst Weigh In

Several brokerages have recently commented on VRT. Royal Bank Of Canada set a $337.00 target price on Vertiv in a research report on Thursday. TD Cowen upped their price target on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Roth Capital restated a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. Morgan Stanley raised their price objective on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $325.00 price objective on shares of Vertiv in a report on Thursday. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $334.62.

Vertiv Company Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.