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Vertiv Posted Strong Q3 Results, Addressing Investor Concerns Over Execution Risk, Market Share, RBC Says

Vertiv Posted Strong Q3 Results, Addressing Investor Concerns Over Execution Risk, Market Share, RBC Says

MT newswireMT newswire2026/10/29 16:36
12:36 PM EDT, 10/29/2026 (MT Newswires) -- Vertiv (VRT) reported strong Q3 operating results, indicating that the Q2 Americas revenue weakness and operational challenges were temporary, easing investor concerns about execution risk and market share, RBC Capital Markets said Wednesday in a note. Vertiv reported Q3 organic sales growth of 55%, exceeding RBC's estimate of 33.8%, while Americas growth of 66% beat the 35% estimate. The company also recorded 100% organic order growth in Q3, demonstrating market outperformance, the note added. The brokerage said customer engineering partnerships remain a key differentiator, enabling design simulation and new system-level solutions for faster-time-to-token amid permitting and power availability constraints. Vertiv raised its 2026 adjusted cash EPS guidance to $7.10 to $7.20 from $6.65 to $6.75 and organic sales growth outlook to 37% to 39% from 30% to 32%, RBC noted. RBC kept an outperform rating on Vertiv and raised its price target to $351 from $323. Price: 252.60, Change: +9.66, Percent Change: +3.97
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