Wall Street Zen upgraded Vertiv Holdings from a "hold" to a "buy" rating on October 31, 2026.
Earlier in the week, Vertiv reported third-quarter earnings. Adjusted EPS reached $2.21, substantially beating the $1.82 consensus.
Revenue surged 61.2% year-over-year. Total revenue reached $4.31 billion. Accelerating demand for its power and cooling systems for AI data centers drove this growth.
The company also raised its full-year 2026 guidance.