Goldman Sachs Industrials and Materials Conference 2025 Brought A Positive Update for nVent (NVT)

nVent Electric plc (NYSE:NVT) is one of the 10 Data Center Cooling Companies to Invest In. On December 4, Barclays raised its price target on the stock from $130 to $140. It maintained the overweight rating on the stock it had previously assigned. The rating came after NVT presented at the 2025 Goldman Sachs Industrials and Materials Conference, where management expressed optimism about the company’s prospects.

To begin with, management emphasized how the new modular cooling and power portfolio was expected to meet the surging AI demand. The latest liquid cooling solutions were presented at the SC25 on November 17. On the occasion, GM of nVent Data Solutions, Eric Osborn, had said:

“We are tapping into our deep technical expertise and working collaboratively with chip manufacturers and the broader ecosystem to solve our customers’ unique challenges with these new liquid cooling and power solutions. Our commitment to leading innovation for next-generation AI chips is at the core of the work we have done in space for more than a decade.”

At the Goldman Sachs Conference, management talked about how the company was pivoting toward becoming a data center infrastructure company, as that is where the major growth is going to come from. NVT’s core business is providing electrical connection and protection solutions for a variety of industries, but its liquid cooling solutions are set to dominate the business.

On the financial front, management reiterated its confidence in strong, improving margins in the core business segment and that it won’t be hit by the focus on AI and data centers.

nVent Electric plc (NYSE:NVT) serves mission-critical processes across industries, leveraging its expertise to help companies ensure a safe, sustainable workplace. It is headquartered in London, United Kingdom, and has over 11,000 employees worldwide.

While we acknowledge the potential of NVT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.