UBS has reasserted a Buy rating on Vertiv Holdings Co. (NYSE: VRT) and maintained a $217.00 price target as the company approaches its February 11 earnings announcement. The brokerage’s stance reflects optimism about sustained demand tied to technology-sector spending, and it aligns with a broad analyst consensus that currently sits at a strong 1.48 on the standard 1-to-5 scale, where 1 denotes Strong Buy.
Vertiv’s shares have already climbed sharply, delivering a 60.85% total return over the past 12 months and trading at $200.59 at the time of the latest report. That level places the stock just under its 52-week peak of $208.43. Despite that recent appreciation, UBS argues there remains room for further upside based on order and revenue trajectories observed in the technology ecosystem.
UBS points to capital-expenditure disclosures from technology companies that, in aggregate, imply quarterly orders in excess of $4 billion for the fourth quarter and potential cumulative orders approaching $20 billion by 2026. The firm notes that, historically, orders have translated into revenue roughly one year later over the past three years. If that pattern persists, UBS estimates Vertiv’s revenue could be about 40% higher than the current 2027 consensus figures.
Under that upside scenario, UBS calculates that Vertiv would trade at under 20 times projected 2027 earnings per share, leaving room for additional multiple expansion despite the stock’s recent run. The analysis leans on the assumption that order flow converts to revenue with the observed one-year lag, a key linkage UBS highlights in its upside case.
Strategic moves at the company also factor into the analyst conversation. Vertiv completed the acquisition of PurgeRite for approximately $1 billion, a transaction the company says will bolster its thermal-management services, including liquid-cooling capabilities tailored to high-density computing and artificial intelligence workloads. Around the same time, Vertiv increased its annual cash dividend by 67%, raising it from $0.15 to $0.25 per share, a move cited as reflective of the company’s cash-generation profile.
Analyst reactions have been varied. Barclays upgraded Vertiv from Equalweight to Overweight and lifted its price target to $200, calling the shares an attractive entry point. TD Cowen raised its price target to $211 and kept a Buy rating, noting Vertiv’s positioning for near-term order growth amid rising data-center demand. By contrast, Wolfe Research moved to downgrade the stock from Outperform to Peerperform on the grounds that a substantial appreciation in the share price had produced a more balanced risk-reward profile.
Taken together, the mix of analyst confirmations, upgrades, a notable acquisition, and a raised dividend paint a picture of an active corporate and market moment for Vertiv. Investors and analysts are weighing near-term order flow and the historical revenue conversion pattern alongside valuation considerations as the company heads into its earnings report.