Vertiv slightly beats Q1 revenue estimates, raises 2026 sales outlook

) Overview

• Critical digital infrastructure provider’s Q1 revenue rose 30% yr/yr, slightly beating analyst expectations
• Adjusted diluted EPS for Q1 grew 83% yr/yr, driven by operational leverage and higher volume
• Company raised full-year guidance, citing strong data center demand and market share gains

Outlook

• Vertiv sees Q2 net sales of $3.25 bln to $3.45 bln
• Company expects Q2 adjusted diluted EPS of $1.37 to $1.43
• Vertiv raises 2026 net sales guidance to $13.5 bln-$14 bln, adjusted EPS to $6.30-$6.40

Result Drivers

• DATA CENTER DEMAND - Strong demand for data center infrastructure, particularly in the Americas, drove sales growth
• OPERATIONAL LEVERAGE - Higher volumes and positive price-cost dynamics, including tariff mitigation, boosted margins
• ACQUISITIONS AND INVESTMENTS - Strategic acquisitions and investments in technology and capacity contributed to market share gains Company press release:

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Slight $2.65 $2.63

Revenue Beat* bln bln (19

Analysts

)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 25 “strong buy” or “buy”, 4 “hold” and 1 “sell” or “strong sell”
• The average consensus recommendation for the electrical components & equipment peer group is “buy”
• Wall Street’s median 12-month price target for Vertiv Holdings Co is $298.00, about 4.6% below its April 21 closing price of $312.44
• The stock recently traded at 47 times the next 12-month earnings vs. a P/E of 31 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)