nVent Hikes 2026 Guidance After 53% Sales Surge, Liquid Cooling Boom
NVT sits 99% above its 52-week low of $78.11.
Summary
nVent delivered a blowout Q2: sales up 53% to $1.47B, adjusted EPS of $1.45 crushing the $1.16 consensus. The beat was driven by 62% organic growth in Systems Protection and surging data-center liquid cooling demand. Management raised full-year adjusted EPS guidance to $5.00-$5.10, well above the $4.60 Street estimate, and now sees over $2B in 2026 data-center sales. Q3 guidance also came in strong at $1.35-$1.38 adjusted EPS versus $1.18 expected. The company is expanding liquid cooling capacity with a third facility in Minnesota, adding 160,000 sq ft. Shares jumped nearly 7% on the news, reflecting the magnitude of the raise and the accelerating demand backdrop.
At the time of this announcement, NVT was trading at $155.51 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $25.1B. The 52-week trading range was $78.11 to $184.64. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Benzinga.