VERTIV HOLDINGS CO stock forum
U.S. Technology Export Ban: The U.S. government announced a ban on 80 companies, many of which are Chinese, from acquiring U.S. technology. This move impacted the AI and data center sectors, including Vertiv,
Analyst Downgrades: Barclays reduced Vertiv's price target from $111 to $100
Hyperscaler Design Changes: Analysts from TD Cowen indicated that major cloud service providers (hyperscalers) might be redesigning their data centers to handle increased AI workloads. This could delay short-term orders for Vertiv's power and thermal management solutions.
Valuation Concerns: Vertiv's stock was considered significantly overvalued, trading at a price-to-earnings (P/E) ratio of 63.77 and a price-to-book (P/B) ratio of 12.77, both higher than industry averages.