Vertiv (VRT) Stock Skyrockets on AI Data-Center Boom – Will the Rally Continue?
Vertiv shares have surged nearly 50% year-to-date, trading in the high $170s after strong Q3 results and a raised 2025 outlook. Q3 sales jumped 29% to $2.68 billion, with diluted EPS at $1.02, far above estimates. The company cited booming AI-driven data center demand and announced acquisitions and a new dividend. Analysts remain bullish but some warn the stock may be overextended after a 200% rally since early 2024.