Analysts project VRT revenue from AI data centers to grow sevenfold by 2028, driving a median price target of $378.
Bank of America Securities reaffirmed a Buy rating on Vertiv Holdings Co. (VRT), citing strong growth potential in AI data center infrastructure. The stock holds a median price target of $378, implying 27% upside from current levels.
Loop Capital initiated coverage on May 15, highlighting Vertiv’s leadership in data center power and cooling technology. The firm expects revenue from AI data centers to expand sevenfold between 2023 and 2028, fueled by rising demand for AI infrastructure.
Vertiv specializes in critical digital infrastructure for data centers and communication networks, positioning it to benefit from early-stage AI adoption and capacity bookings.