Vertiv Lifts 2026 Guidance, But Stock Plunges 13% in Pre-Market
VRT sits 98% above its 52-week low of $118.7.
Summary
Vertiv raised its full-year 2026 guidance across all key metrics, now expecting adjusted EPS of $6.65-$6.75 (up from $6.30-$6.40) and sales of $13.8B-$14.2B (up from $13.5B-$14B). Q3 guidance also came in above consensus at $1.77-$1.83 EPS on $3.65B-$3.85B in sales. Despite the stronger outlook, shares are down over 13% in pre-market trading — a sharp negative reaction that suggests the market had priced in even higher expectations or is spooked by something else. This follows earlier reports this morning of the guidance raise, but the magnitude of the sell-off is new and material. The move puts the stock at $233, well below recent levels, and traders will need to reassess positioning ahead of the open.
At the time of this announcement, VRT was trading at $235.50 on NYSE in the Technology sector, with a market capitalization of approximately $103.5B. The 52-week trading range was $118.70 to $379.94. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.