Vertiv Stock Recently Hit an All-Time High. Does Wall Street See More Upside?

Vertiv (VRT) has surged 96% over the past year but pulled back 24% from its May peak due to valuation concerns, trading at 58x current earnings. Despite the pullback, 22 of 33 analysts rate it a strong buy with a $377 consensus price target (31% upside), citing strong AI infrastructure growth prospects. The company manufactures data center power systems and cooling solutions, with Q1 revenue up 30% YoY and expected continued growth through 2027.