December 12, 2025
We sat down with one of Vertiv’s private competitors in PDUs and liquid cooling to talk through the competitive landscape for the 800V offerings required to serve Vera Rubin architectures. He emphasized that a lack…
November 6, 2025
We review Vertiv’s announcement of a deal for PurgeRite, a services provider specializing in liquid cooling, but our heads are turned more by the strategic implications of Eaton’s (ETN, not rated) agreement to acquire Boyd…
October 22, 2025
Management posted a positive update we believe met elevated buyside expectations. Vertiv continues to realize accelerative demand trends for its core product suite, but medium-term competitive concerns and increasing keep us cautious here for reasons…
September 28, 2025
We view Microsoft’s announcement of a new in-house thermal management system as a catalyst on an increasingly negative event path for Vertiv. While our competitors have been quick to point out the Microsoft solutions most…
August 19, 2025
We initiate coverage of Vertiv with a SELL rating and a $112 PT (-17% downside). While VRT has enjoyed a largely justified multi-year re-rate on the back of AI infrastructure tailwinds, we believe the stock…