Vertiv Forecasts Sevenfold AI Data Center Revenue Growth, Secures $500 Price Target
Loop Capital gave Vertiv a Buy rating and $500 price target, forecasting AI data center revenue to grow nearly sevenfold by 2028 and revenue reaching $25 billion. It highlights a NVIDIA partnership on 800-volt DC power systems, liquid-cooling expansion and modular AI data center solutions as advantages over Amphenol.
1. Loop Capital Initiates Coverage
Loop Capital initiated coverage of Vertiv with a Buy rating and assigned a $500 price target, casting the company as a pivotal technology enabler for AI data centers.
2. AI Infrastructure Growth Projections
Analysts project Vertiv’s addressable AI data center revenue to expand nearly sevenfold between 2023 and 2028, with AI accelerator deployments rising from about 9 million units in 2025 to 29 million by 2027 and global AI infrastructure spending reaching $2 trillion annually by 2028.
3. Strategic NVIDIA Partnership and Modular Solutions
Vertiv has partnered with NVIDIA to develop advanced 800-volt DC power architectures for AI racks exceeding 600 kilowatts, while expanding liquid-cooling offerings and prefabricated AI data center modules to accelerate deployment.
4. Forecasted Financial Performance
Loop Capital forecasts Vertiv’s revenue climbing to $19.3 billion in 2027 and $25.1 billion in 2028, with adjusted earnings per share rising to $13.70, expecting the company to outperform current Wall Street estimates.