Vertiv Holdings Co Surpasses Average Analyst 12-Month Target Price
Vertiv Holdings Co’s stock price has reached $127.16 per share, exceeding the average analyst 12-month target price. This milestone follows a 40% increase in the company’s stock value over the past year.
The upward trend is attributed to strong demand for Vertiv’s data center infrastructure products, driven by the ongoing artificial intelligence boom. This growth has been reflected in the company’s performance, with its stock price rising significantly.
Key Statistics:
- Current stock price: $127.16 per share
- Increase in stock value over the past year: 40%
- Average analyst 12-month target price: $127.16 per share
Notably, while most analysts are optimistic about the stock, Wall Street’s average price target suggests a possible decline from current levels. Additionally, the company’s strong performance has been recognized by investors, with its shares being listed on Robinhood EU.