Dell Technologies stock surged 21.3% to $147.35, hitting a three-month high after the company released strong earnings and bold guidance. Dell expects that by fiscal year 2027, its AI server revenue will more than double to approximately $50 billion, with total revenue projected to be between $138 billion and $142 billion, well above Wall Street estimates. This outlook, along with Q4 earnings per share exceeding expectations by $3.89 and a 20% dividend increase, highlights investor confidence in Dell's leading position in enterprise AI infrastructure.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Dell Technologies stock surged 21.3% to $147.35, hitting a three-month high after the company released strong earnings and bold guidance. Dell expects that by fiscal year 2027, its AI server revenue will more than double to approximately $50 billion, with total revenue projected to be between $138 billion and $142 billion, well above Wall Street estimates. This outlook, along with Q4 earnings per share exceeding expectations by $3.89 and a 20% dividend increase, highlights investor confidence in Dell's leading position in enterprise AI infrastructure.