BofA Securities analyst Andrew Obin has adjusted his forecast for Vertiv (VRT, Financial), reducing the price target for the company from $165 to $135 while maintaining a Buy rating on the stock. This adjustment comes as part of a broader analysis of the Industrials/Multi-Industry sector's performance for the first quarter.
BofA anticipates that earnings for the sector could either meet or exceed expectations. However, the firm has decided to lower its estimates due to mounting concerns over economic uncertainties and existing tariffs, despite a recent announcement on April 9 of a 90-day halt on reciprocal tariffs.
Investors should note these considerations as potential influences on Vertiv's market performance during the upcoming earnings season.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Vertiv Holdings Co (VRT, Financial) is $123.12 with a high estimate of $153.00 and a low estimate of $75.00. The average target implies an upside of 76.87% from the current price of $69.61. More detailed estimate data can be found on the Vertiv Holdings Co (VRT) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Vertiv Holdings Co's (VRT, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Vertiv Holdings Co (VRT, Financial) in one year is $53.80, suggesting a downside of 22.71% from the current price of $69.61. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Vertiv Holdings Co (VRT) Summary page.
