Citi Raises Vertiv Price Target to $414 on AI Data Center Momentum

Investors see the company as a top supplier to hotter, denser AI data centers.

Overview

Citi lifted its Vertiv target to $414 and kept a Buy rating, citing multi‑year growth tied to AI‑driven data center spending.
Vertiv’s latest quarter showed sharp gains with revenue of $2.65 billion up 30%, 23% organic growth, adjusted EPS of $1.17 up 83%, and a 20.8% adjusted operating margin.
Wall Street expects adjusted EPS to reach about $6.42 for 2026, which implies roughly 53% growth from the prior year.
Shares have climbed 255% over the past year and about 110% this year as investors bet on Vertiv’s role in power and cooling gear for AI infrastructure.
CEO Giordano Albertazzi said investments in technology, capacity, and acquisitions are boosting market share as AI servers run hotter and need advanced liquid cooling and fast, modular deployments.