Vertiv Soars on Strong Q1, Lifts 2025 Outlook

Vertiv Holdings reported strong first-quarter results, including a 24% year-over-year sales increase and a 49% rise in earnings, fueled by surging demand for AI-powered data centers. The company raised both its full-year and 2025 revenue forecasts, now projecting up to $9.575 billion, as robust order growth and AI deployments accelerate across the sector. CEO Giordano Albertazzi highlighted Vertiv's growing market share and its strategic collaboration with Nvidia, noting that AI-driven data center expansion is still in its early stages and is spreading beyond traditional hyperscalers. Despite broader concerns about potential slowdowns in data center construction, Vertiv reported no significant pullback from customers and expressed optimism about continued long-term growth. The strong results drove Vertiv's stock up 21% and renewed enthusiasm for AI-related investments. Analysts, including JPMorgan, cited Vertiv's strong orders and backlog as reasons for a bullish outlook.