On August 7, Vertiv Holdings LLC rose 3.2% in pre-market trading, trading around $284.0 per share with turnover of approximately $4.61 million. The stock continues its recovery trajectory following the nearly 14% drop on July 29 triggered by a Q2 revenue miss.
The rebound is supported by multiple investment bank research notes affirming confidence in Q3 recovery. UBS noted that management attributed the Q2 revenue shortfall to supply chain congestion-related timing shifts, implying growth should meaningfully recover in Q3, and reiterated its buy rating with a $370 price target. Oppenheimer highlighted strengthening demand and a broadening pipeline across geographies and product categories, with accelerating July shipments tracking in line with guided H2 revenue outlook.
Critically, despite the Q2 revenue miss of $32.74 billion versus the $33.77 billion expected, adjusted EPS of $1.52 beat estimates of $1.42. The company raised full-year guidance with revenue midpoint at $14 billion and adjusted EPS midpoint at $6.70, both exceeding prior Wall Street consensus, reinforcing fundamental confidence.
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