Vertiv is trading at $252.88, up 4.1%, on October 29 following strong third-quarter results and a sharply raised 2026 outlook.
- On October 28, sales rose 61% to $4.31 billion; adjusted EPS was $2.21 versus $1.82 expected, and organic orders more than doubled.
- Management lifted full-year sales and adjusted EPS guidance. The earnings report highlighted accelerating AI infrastructure demand.
- The gain contrasts with a weaker technology backdrop: XLK was down 1.54%, and major U.S. indices were lower.