VRT

In the first half of 2026, Vertiv's stock more than doubled, reaching an all-time high of $379.94 on May 13, 2026, before cooling off to $290.36 by July 24, 2026. On July 29, 2026, Vertiv reported Q2 2026 net sales of $3.27 billion, missing Wall Street estimates, which led to a 17.26% stock plummet to $223.04. Management attributed the revenue shortfall to supply chain congestion and complex project execution. Following this, Royal Bank of Canada cut its target price for Vertiv from $418.00 to $337.00 on July 30, 2026. In September 2026, the stock continued to fluctuate, including a 1.9% drop on September 23, 2026, and a decline on September 14, 2026, amidst a broader sell-off in industrials and AI-infrastructure stocks. Director Edward Monser sold 15,287 shares on September 1, 2026. Strategically, Vertiv announced four new or expanding manufacturing facilities in the Americas on March 24, 2026, to meet AI-ready infrastructure demand, and an agreement to acquire King Environmental Services (KES) in Europe on September 24, 2026, to expand thermal management services, building on its 2025 acquisition of Purge Rite in North America.