Vertiv stock hits record high: why the AI infrastructure giant just crushed Wall Street expectations

Shares of Vertiv Holdings rose on Wednesday, rising about 17.9% in early trading. The stock moved from around $199.62 at the previous close to nearly $235.33 by 10:30 a.m. ET. Over the past year, Vertiv shares are up about 59%, clearly beating the S&P 500’s 14% gain. The rally followed strong quarterly results and a confident outlook for 2026.

Earnings beat lifts sentiment

Vertiv reported fourth-quarter revenue of $2.88 billion, up 23% from a year ago and close to market expectations. Adjusted earnings came in at $1.36 per share, higher than Wall Street’s estimate of about $1.30 and up from $0.99 last year. Net income rose sharply to $445.6 million from $147.0 million a year earlier. Operating profit and margins also improved, helped by higher sales volumes and better efficiency.