BMO Capital Initiates Coverage of Vertiv Holdings with Outperform Rating
Fintel reports that on October 5, 2026, BMO Capital initiated coverage of Vertiv Holdings (NYSE:VRT) (XTRA:49V) with a Outperform recommendation.
Prior to this rating action, Vertiv Holdings closed at $252.18 on October 2, 2026. The stock's one-week price change was -0.43% relative to its baseline close of $253.28 on September 25, 2026. Over a one-month period, the stock experienced a price change of -1.76% from its baseline close of $256.70 on September 2, 2026.
As of October 2, 2026, the current consensus target mean for Vertiv Holdings was $337.50, and the median target was $345.27, representing an implied change of +33.83% from the pre-action close. This consensus target mean represents a -0.04% revision from the prior consensus target mean of $337.64 recorded on September 14, 2026.
In terms of broader analyst sentiment, the current recommendation period starting September 1, 2026, shows a total of 36 recommendations, consisting of 10 strong buy, 22 buy, 4 hold, 0 sell, and 0 strong sell ratings. This results in a positive recommendation percentage of 88.9%, a hold percentage of 11.1%, and a negative percentage of 0.0%. In the prior period starting August 1, 2026, there were also 36 total recommendations, which included 10 strong buy, 21 buy, 5 hold, 0 sell, and 0 strong sell ratings, representing 86.1% positive, 13.9% hold, and 0.0% negative recommendations.
Prior to BMO Capital's initiation, Wells Fargo also initiated coverage on Vertiv Holdings with an Overweight rating on September 25, 2026.
Vertiv Holdings last reported earnings on July 29, 2026. The company reported an actual EPS of 1.52, compared to the estimate of 1.438, representing a positive surprise of +5.70%. Actual revenue for the quarter was $3,274,300,000.00, which was below the estimated revenue of $3,411,010,935.00. The company's upcoming earnings date is scheduled for October 28, 2026.
According to a Form 8-K filed with the SEC on September 2, 2026, Vertiv Corporation, an indirect wholly-owned subsidiary of Vertiv Holdings Co, entered into an agreement and plan of merger dated September 1, 2026, with Vultra Merger Sub, Inc. and Utility Innovation Holdings, Inc. Under the terms of the agreement, Merger Sub will merge with and into Utility Innovation Holdings, Inc., which will become a wholly-owned subsidiary of Vertiv Corporation. Another Form 8-K filed on September 2, 2026, lists the company's principal executive offices at 505 N. Cleveland Ave, Westerville, Ohio 43082, and its telephone number as 614-888-0246.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| October 5, 2026 | BMO Capital | Outperform | initiated coverage | |
| September 25, 2026 | Wells Fargo | Overweight | initiated coverage |
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This story originally appeared on Fintel.