Vertiv Stock Gains as Goldman Sachs Boosts U.S. Auto Forecast

Vertiv Holdings Co. (VRT) is experiencing upward price movement, currently trading at $144.84, up 4.49% amid revised forecasts for the U.S. automotive sector by Goldman Sachs. The adjustment reflects a broader assessment of Vertiv's prospects, intertwined with the anticipated performance of the auto industry, a key consumer of Vertiv's products.

This price action follows Goldman Sachs' recent decision to increase its price target on Vertiv to $159 from $156, reaffirming a Buy rating on the shares. This adjustment is rooted in an increased optimism regarding U.S. auto sales, with Goldman Sachs revising its 2025 forecast to 16.2 million vehicles from 15.75 million, and its 2026 forecast to 16.0 million from 15.5 million vehicles.

Goldman Sachs cites solid year-to-date auto sales, its leading indicators analysis suggesting stronger demand, and “relatively benign” pricing actions within the auto industry as drivers for the upward revision. The firm also factored in a reduction in its U.S. battery electric vehicle mix assumptions for 2026 and beyond. This suggests a more tempered expectation for the pace of EV adoption, potentially impacting the demand for specific Vertiv products tied to the rapidly growing EV charging infrastructure market.

The recent upward revision in Vertiv's price target by Goldman Sachs suggests a more favorable short-to-mid-term outlook, driven by expectations of stronger auto sales and a potentially more stable pricing environment. However, the reduced expectations for EV adoption and the lingering potential impacts of tariffs on the auto industry represent potential headwinds for Vertiv.