TD Cowen analyst Michael Elias has reiterated their bullish stance on VRT stock, giving a Buy rating on April 21.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Michael Elias has given his Buy rating due to a combination of factors tied to Vertiv’s improving fundamentals and powerful demand backdrop. He notes that the company outperformed expectations in 1Q26 and lifted its 2026 outlook, while management’s remarks suggest that the order pipeline remains strong even after a period of exceptionally high bookings.
Elias also emphasizes that Vertiv’s expanding Americas pipeline matches independent evidence of unprecedented U.S. data center leasing, which he believes can translate into record orders as soon as 2Q26. With an upcoming Investor Day likely to bring higher long‑term targets and data center infrastructure acting as a key beneficiary of sustained AI‑driven demand, he continues to view Vertiv as a top “picks and shovels” way to invest in the theme for 2026.
In another report released on April 21, Bank of America Securities also maintained a Buy rating on the stock with a $330.00 price target.