{"id":708205,"date":"2026-06-16T21:23:16","date_gmt":"2026-06-16T21:23:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/708205\/"},"modified":"2026-06-16T21:23:16","modified_gmt":"2026-06-16T21:23:16","slug":"nvent-no-longer-a-hidden-gem-but-melius-likes-its-potential","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/708205\/","title":{"rendered":"nVent no longer a &#8216;hidden gem,&#8217; but Melius likes its potential"},"content":{"rendered":"<p>nVent Electric is not an under-the-radar play, but it still offers an economical way to gain exposure to the artificial intelligence-linked data center boom, according to Melius Research. The research firm initiated coverage of the electrical systems play with a buy rating. It also set a $214 price target on shares, implying 27% upside from Monday&#8217;s close. &#8220;nVent may no longer be a hidden gem, but it remains one of the cheaper AI-levered industrials, with Street forecasts that are still far too low,&#8221; analyst Jake Levinson said in a note. &#8220;NVT has managed an impressive transformation from &#8216;undifferentiated, low-growth electrical&#8217; to &#8216;must own data center &amp; utility supplier.&#8221; Shares have risen 70% this year as hyperscalers have pledged hundreds of billions of dollars to advance their ambitious AI data center buildouts. NVT YTD mountain nVent Electric is up roughly 70% in 2026. That outsized spending could boost nVent, which has &#8220;large and highly attractive data center exposures,&#8221; particularly due to its partnership with Nvidia to design and build physical infrastructure such as liquid cooling mechanisms for high-density AI data centers, Levinson said. Liquid cooling is one of the fastest growing areas in the AI data center sphere, according to Melius Research. &#8220;NVT was an early mover here with a business that is more established than peers, including a deep, strategic relationship with NVIDIA,&#8221; Levinson wrote. &#8220;Liquid cooling adoption is still in early innings, with industry revenues of a few billion dollars vs. hyperscaler capex spend approaching $700B this year.&#8221; Melius&#8217; call falls in line with consensus on Wall Street. Of the 15 analysts covering nVent, 14 have a buy or strong buy on the stock, per LSEG.<\/p>\n","protected":false},"excerpt":{"rendered":"nVent Electric is not an under-the-radar play, but it still offers an economical way to gain exposure to&hellip;\n","protected":false},"author":2,"featured_media":707438,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,122,113,305667,3487,114,74],"class_list":["post-708205","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-business-news","tag-investment-strategy","tag-nvent-electric-plc","tag-nvidia-corp","tag-stock-markets","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/708205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=708205"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/708205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/707438"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=708205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=708205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=708205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}