Vertiv (VRT) rises 6.5% to record high after AI data center demand boosts results

Vertiv Holdings (VRT) shares rose 6.5% in morning trading on May 14, 2026, reaching an all-time high as investors responded to stronger-than-expected first-quarter results, raised guidance and analyst price-target increases tied to AI-driven data center demand. The data center infrastructure provider reported first-quarter revenue of $2.65 billion, up 30% from a year earlier. Adjusted earnings per share rose 83% to $1.17, ahead of analyst expectations. Vertiv also lifted its full-year earnings outlook. Citi raised its price target on Vertiv to a Street-high $414, citing stronger visibility into future growth. UBS and BNP Paribas also maintained positive ratings. Vertiv shares were up 108% year to date at $365.25, marking a new 52-week high. The stock has recorded 34 moves of more than 5% over the past year, reflecting elevated volatility.