Barclays Raises its Price Target on Vertiv Holdings (VRT)

Vertiv Holdings Co (NYSE:VRT) is one of the 10 Best AI Pick-and-Shovel Stocks to Buy. On April 1, 2026, Barclays analyst Julian Mitchell raised the price target on Vertiv Holdings Co (NYSE:VRT) to $300 from $281 and maintained an Overweight rating as part of a broader Q1 preview. Julian Mitchell said the sector is facing “more demand question marks,” though expectations have been “somewhat re-based.”

On March 30, 2026, Vertiv Holdings Co (NYSE:VRT) announced an approximately $50M investment to expand its manufacturing operations in Ironton, Ohio, and its headquarters campus in Westerville, Ohio. The expansion is expected to create hundreds of jobs through 2029 and increase production capacity for liquid cooling and chilled water systems by about 45%, with operations at the Ironton site expected to begin in the second quarter of 2027.

On March 24, 2026, HSBC initiated coverage on Vertiv Holdings Co (NYSE:VRT) with a Buy rating and a $325 price target. HSBC said the company is an “important enabler” of AI growth through its power and thermal management solutions, and expects strong long-term demand for data center infrastructure, projecting significant earnings growth through 2028.

Vertiv Holdings Co (NYSE:VRT) provides infrastructure technologies and services for data centers and digital networks.

While we acknowledge the risk and potential of VRT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VRT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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