Vertiv Holdings Co (NYSE:VRT) is a prominent player in the infrastructure sector, focusing on cooling and power systems for data centers. On July 10, 2025, Evercore ISI updated its rating for Vertiv to "Outperform," with the stock priced at approximately $120.31. Despite this positive rating, the action associated with the update is "hold," indicating a cautious approach.
Shares of Vertiv have recently faced challenges, experiencing a decline of 4.78%. This downturn is linked to reports that Amazon might enter the cooling technology sector, posing a potential competitive threat to Vertiv. The news has raised concerns about Vertiv's ability to maintain its market position in the rapidly evolving data center industry.
The stock price of VRT has seen a significant decline, plummeting over 11% in a single day. This drop was triggered by Amazon Web Services unveiling its custom cooling technology for high-performance AI servers. This development has intensified investor concerns about Vertiv's competitive position and future growth prospects.
Currently, VRT is priced at $122.68, reflecting a decrease of 4.43% or $5.69. Throughout the trading day, the stock fluctuated between a low of $110.06 and a high of $128.82. Over the past year, VRT has reached a high of $155.84 and a low of $53.60, with a market capitalization of approximately $46.75 billion. The trading volume on the NYSE stands at 21.92 million shares.