Vertiv (VRT) stock price dips from record as AI valuation worries bite again

Vertiv Holdings Co slipped 2.9% to $254.56 as of 2:32 p.m. EST Thursday, pulling back after notching a record high of $264.86 the previous day. Shares kicked off the session at $260.15, touching lows of $241.69 before recovering some ground. The broader market leaned lower, with the Nasdaq off 1.3% and the S&P 500 about 0.6% in the red. Still, Vertiv's up roughly 40% over the last month and has soared about 176% in a year.

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Vertiv (VRT) Stock Skyrockets on AI Data-Center Boom – Will the Rally Continue?

Vertiv’s stock has soared in 2025, outpacing its peers and sector. After years of steady growth, the share price accelerated in the summer and early fall on booming AI/data-center demandts2.technasdaq.com. By Oct 9 the stock briefly reached about $180stockstotrade.com, trading near its 52-week high. The stock remains in the high-$170s, roughly up half from year-start levelsnasdaq.com. This comes amid broad enthusiasm for companies supplying cooling and power gear for fast-growing data centers.