On October 21, Vertiv Holdings LLC rose 4.62% in Pre-Market Trading, trading at $213.66/share, with turnover of $690.3 thousand.
The move aligned with continued market attention on the company’s upcoming quarterly results and its broader AI infrastructure expansion through partnerships and acquisitions.
Vertiv Holdings LLC is scheduled to report on October 28. Consensus expects quarterly revenue of $3.76 billion, up 46.73% year over year, adjusted EPS of $1.83, up 85.36%, and EBIT of $908 million, up 75.80%. Separately, the company recently partnered with Deloitte’s research center to help enterprises move AI from pilot projects into production deployments.
The company has also been expanding its power and liquid-cooling capabilities through acquisitions. Its Utility Innovation Group deal includes about $1.45 billion in cash plus up to $1.15 billion in contingent consideration, aimed at strengthening grid interconnection, onsite power, and related orchestration capabilities. Vertiv Holdings LLC also agreed to acquire King Environmental Services to expand services for liquid-cooled data centers.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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