Vertiv's stock soared 21% after strong earnings report and raised full-year sales guidance

From Yahoo Finance: 2025-04-23 12:33:00

Vertiv’s stock rose by 21% in early trading after a strong earnings report showing robust demand for data center equipment. Orders grew 13% in the first quarter and full-year sales guidance was raised. Despite uncertainties around tariffs, Vertiv remains attractively priced at less than 24 times the midpoint of FCF guidance for 2025.

Investors were reassured by Vertiv’s 13% order growth in Q1 and a book-to-bill ratio of 1.4. The company raised full-year sales guidance to 16.5%-19.5%, showing strong growth potential in the AI-led data center market. Vertiv remains a solid investment as we’re still early in the AI application growth phase.



Read more at Yahoo Finance: Here’s Why Data Center Equipment Company Vertiv’s Stock Soared Today