Wall Street lifts 12-month Dell price targets to $500–$735 after guidance hike
AI Market Summary
Dell posted record quarterly results driven by AI infrastructure demand: revenue rose 58% YoY to $47B and non-GAAP EPS jumped 203% to $7.04. AI-optimized server revenue hit $16.4B, with a record $60.9B in AI server orders and total AI backlog reaching $95B. Management raised FY2027 revenue guidance to ~$192B, supporting analysts' broadly positive ratings and updated 12-month targets.
Impact level
● Medium
Affected assets
NCSKDELL2USD/USDT+0.07%
AI Insight · NCSKDELL2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Dell Technologies reported results for the quarter ended July 31, 2026, with revenue of $47 billion, up 58% year over year, and non-GAAP EPS of $7.04, up 203%. Infrastructure Solutions Group revenue totaled $31.8 billion, including $16.4 billion from AI-optimized servers, while quarterly AI server orders reached a record $60.9 billion, taking total AI backlog to $95 billion. Management raised its fiscal 2027 revenue outlook to about $192 billion. Wall Street analysts subsequently set fresh 12-month price targets in a range of $500 to $735.
