8/1010 sources · 5 publishersUpdated Nov 1, 12:25 UTC
Vertiv posts strong third-quarter results and raises 2026 outlook
Vertiv reported third-quarter adjusted earnings of $2.21 per share on net sales of $4.31 billion, with sales up 61% year-over-year. Organic orders increased more than 100% from the prior year. The company raised its 2026 outlook to $14.65 billion in net sales and $7.15 per share in adjusted earnings, prompting Wells Fargo and Bernstein to lift their price targets.
Why it matters
The higher outlook and stronger orders increase Vertiv's stated earnings and revenue expectations for 2026. Bernstein's note says the results support a $376 price target, while Wells Fargo raised its target to $345.
Key facts
- 1Vertiv reported adjusted earnings of $2.21 per share and net sales of $4.31 billion in the third quarter, with sales up 61% year-over-year. investing.com
- 2Organic orders increased more than 100% from the prior year. investing.com
- 3Vertiv raised its full-year 2026 outlook to $14.65 billion in net sales and $7.15 per share in adjusted earnings. investing.com
- 4Bernstein raised its Vertiv price target to $376 from $368 while retaining an Outperform rating. finance.yahoo.com
- 5Wells Fargo increased its Vertiv price target to $345 from $340. investing.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.