nVent Electric plc (NVT)
NYSE · Industrials · analysed November 9, 2026
No. 4 in this week's most bullish stocks →
nVent Electric plc is a global provider of electrical connection and protection solutions, designing and manufacturing enclosures, fastening and grounding systems, cable management components, and advanced cooling systems across commercial, industrial, data center, and utility markets. The company was established in 2018 as an independent, publicly traded entity following its spin-off from Pentair plc, although several of its foundational brands date back over a century. Currently, nVent is focused on capitalizing on secular trends in electrification, digitalization, and artificial intelligence infrastructure, prioritizing the expansion of its data center liquid-cooling capabilities and power utility offerings while actively reshaping its portfolio through targeted acquisitions and divestitures.
Executive summary
nVent Electric is capitalizing on structural demand for electrical protection and high-density data center liquid cooling, delivering 44% organic revenue growth in the third quarter of 2026 and raising full-year earnings guidance2. A sharp post-earnings equity pullback, driven by broad multiple compression across artificial intelligence hardware and near-term margin friction from 105 million dollars in tariffs, has compressed forward valuation multiples despite a record 2.6 billion dollar order backlog2. With commercial integration of Maverick Power underway and twin capacity additions slated for 2027, the underlying earnings trajectory remains robust against temporary market pessimism2.
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Key figures
- Market cap
- $20B
- P/E, trailing
- 29.9
- P/E, next 12 months
- 18.8
- Revenue growth, fiscal year to Dec 2025
- 29.5%
- Net margin, fiscal year to Dec 2025
- 18.2%
Market cap and P/E as found on November 9, 2026.