Bank of America Securities analyst Andrew Obin reiterated a Buy rating on Vertiv Holdings (VRT – Research Report) today and set a price target of $135.00.
Andrew Obin has given his Buy rating due to a combination of factors that highlight Vertiv Holdings’ strong performance and growth potential. The company experienced a significant reacceleration in orders growth, with a 13% year-over-year increase in the first quarter of 2025, which boosted investor confidence and led to a notable rise in share prices. This growth in orders, despite challenging comparisons from the previous year, suggests a robust demand for Vertiv’s offerings, particularly in the data center sector.
Additionally, Vertiv’s management has maintained its 2025 adjusted EPS guidance, effectively countering any negative impacts from tariffs. The company’s ability to adjust pricing and reprice portions of its backlog is expected to support margin improvements. The sustained demand for data centers and the company’s strategic positioning in the market underpin the positive outlook, with forecasts indicating continued growth in orders and revenue. These factors collectively justify the Buy rating, reflecting confidence in Vertiv’s long-term growth trajectory.
In another report released today, Roth MKM also reiterated a Buy rating on the stock with a $100.00 price target.