NYSE · US · Electrical Equipment & Parts

NVT nVent Electric

Liquid cooling and enclosures

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)

Liquid Cooling · 74

Last close (delayed) · 2026-10-26

$131.0

+4.47% today

−7.3%

−20.2%

−7.4%

YTD

+29.3%

+29.0%

Off 52w high

−28.7%

Next earnings (est.): 2026-10-30

Market cap$20.30B

P/E (trailing)34.7Forward 18.5

EV / sales4.6×EV/EBITDA 21.0×

Revenue (TTM)$4.83BGrowth 52.8% y/y

Margins36.4%gross · op 18.8%

Free cash flow$453MCash $256M · debt $1.63B

Analyst target$203.3+55.2% upside · 17 analysts · strong buy

Riskβ 1.34Short 3.4% of float · yield 0.66%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

NVT · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events

8

2026-07-31EarningsBeat / raise

Reported EPS 1.45 vs 1.16 expected (+24.5% surprise).
7

2026-05-01EarningsBeat / raise

Reported EPS 1.09 vs 0.94 expected (+15.7% surprise).
6

2026-02-06EarningsBeat / raise

Reported EPS 0.9 vs 0.9 expected (+0.3% surprise).
5

2025-10-31EarningsBeat / raise

Reported EPS 0.91 vs 0.88 expected (+2.9% surprise).
4

2025-08-01EarningsBeat / raise

Reported EPS 0.86 vs 0.79 expected (+9.0% surprise).
3

2025-05-02EarningsBeat / raise

Reported EPS 0.67 vs 0.66 expected (+0.8% surprise).
2

2025-02-06EarningsMiss / cut

Reported EPS 0.59 vs 0.59 expected (-0.4% surprise).
1

2024-11-01EarningsMiss / cut

Reported EPS 0.63 vs 0.81 expected (-22.4% surprise).

Latest headlines

Auto-updated daily

Earnings history

EPS vs expectations

Date	Expected EPS	Reported EPS	Surprise
2026-07-31	1.16	1.45	+24.5%
2026-05-01	0.94	1.09	+15.7%
2026-02-06	0.9	0.9	+0.3%
2025-10-31	0.88	0.91	+2.9%
2025-08-01	0.79	0.86	+9.0%
2025-05-02	0.66	0.67	+0.8%
2025-02-06	0.59	0.59	−0.4%
2024-11-01	0.81	0.63	−22.4%
2024-08-06	0.82	0.82	−0.6%
2024-05-03	0.74	0.78	+5.4%
2024-02-06	0.75	0.78	+4.5%
2023-10-27	0.73	0.84	+14.5%
2023-07-28	0.68	0.77	+12.5%
2023-04-28	0.67	0.67	—
2023-02-07	0.58	0.66	+13.2%
2022-10-28	0.6	0.42	−30.4%
2022-07-29	0.54	0.58	+7.4%
2022-04-29	0.44	0.5	+13.2%
2022-02-08	0.48	0.5	+3.5%
2021-10-28	0.48	0.53	+9.7%
2021-08-03	0.4	0.5	+24.6%
2021-04-29	0.35	0.43	+22.4%
2021-02-09	0.42	0.43	+2.4%
2020-10-30	0.4	0.45	+11.3%

About nVent Electric

Website ↗

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in the America, Europe, the Middle East, India, Africa, the Asia Pacific, and internationally. It operates in two segments, Systems Protection and Electrical Connections. The company provides solutions to protect electronics, systems, and data in mission critical applications, including data centers. It also offers solutions that connect power and data infrastructure. In addition, the company provides bus systems, cable management, control buildings, liquid and air-cooling solutions, electrical connections, enclosures, equipment protection, power connections, and power management solutions, switchgear systems, as well as tools and test instruments. The company markets its products through electrical distributors, retail, contractors, and original equipment manufacturer…

12,000 employees · London, United Kingdom

Liquid Cooling

Rack densities above ~100kW make direct-to-chip liquid cooling the default. CDUs, cold plates and heat rejection scale with GPU power.

Cold plate→CDU→Facility loop→Heat rejection

What would prove us wrong. Weakens if air-cooled designs reclaim high-density AI halls.

Peers at the same bottleneck

Who else supplies this

Stock	Role	Last	1D	1M	YTD
VRT Vertiv	Power and liquid-cooling chain for AI racks	$200.1	+2.98%	−21.0%	+23.6%
MOD Modine Manufacturing	Data-centre chillers and CDUs	$133.5	+0.14%	−32.6%	+0.0%
TT Trane Technologies	Chillers and thermal systems	$455.0	+2.27%	+0.1%	+17.7%
JCI Johnson Controls	Building systems and data-centre cooling	$148.1	+2.85%	−1.4%	+24.7%
3017.TW Asia Vital Components	Cold plates and liquid cooling modules	NT$3,145.0	0.00%	−7.9%	+109.5%
3324.TWO Auras Technology	Liquid-cooling components	NT$1,360.0	0.00%	−10.5%	+36.2%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.