S&P 500 Adds Vertiv, Lumentum, Coherent & EchoStar in March 2026 Quarterly Rebalance
S&P Dow Jones announces March 2026 quarterly rebalance. Vertiv (VRT), Lumentum (LITE), Coherent (COHR), and EchoStar (SATS) join the S&P 500.
S&P Dow Jones announces March 2026 quarterly rebalance. Vertiv (VRT), Lumentum (LITE), Coherent (COHR), and EchoStar (SATS) join the S&P 500.
Vertiv Holdings shares soared 15% in premarket after beating Q4 expectations and issuing upbeat 2026 guidance, driven by booming data center demand.
Barclays upgraded Vertiv stock to Overweight, raised its price target to $200, and sees strong earnings upside in 2026 and 2027 after the recent selloff.
Hut 8 signed a 15-year lease for a 245 MW AI data center at River Bend Campus, backed by Google and involving major financial and engineering partners.
Wolfe Research downgraded Vertiv to Peer Perform due to valuation concerns after a major multi-year rally, though the firm still sees strong long-term positioning in the data-center market.
Vertiv intends to acquire PurgeRite to enhance fluid management services, supporting high-density AI data centers and improving thermal efficiency and system uptime.