Dell Technologies Inc (DELL) Stock News

Dell Technologies is capitalizing on surging AI infrastructure demand with over 6,500 AI Factory customers and a $95B backlog. The company expects fiscal 2027 AI-server revenues of $74B, roughly triple prior-year levels. However, Dell faces intensifying competition from Super Micro Computer and Cisco Systems, both expanding their AI customer bases and capabilities.

Dell Technologies has surged 28.5% in the past month and 351.3% year-to-date, hitting a new 52-week high of $595.51. The company has consistently beaten earnings estimates, with the latest report showing EPS of $7.04 versus consensus of $4.97. Dell holds a Zacks Rank #1 (Strong Buy) with a VGM Score of B, suggesting potential for further gains despite trading slightly below peer valuations on P/E basis but above on cash flow metrics.

Snowflake reported strong fiscal Q2 product revenue growth of 37% to $1.49 billion, with AI products driving roughly half of the acceleration. The company raised fiscal 2027 product revenue guidance to $6.07 billion (36% YoY growth) and added 692 net new customers, bringing total customers to 14,554. Snowflake faces competition from Dell Technologies and Oracle, both expanding their AI capabilities, but maintains a strong position in enterprise data and AI markets.

Snowflake delivered robust fiscal Q2 results with product revenues rising 37% year-over-year to $1.49 billion, driven by strong enterprise AI adoption and cloud analytics demand. The company added 692 net new customers and raised FY2027 product revenue guidance to $6.07 billion (36% YoY growth). However, SNOW trades at a premium valuation of 16.19X forward P/S versus the industry average of 4.07X, and faces intensifying competition from Dell Technologies and Oracle in the AI infrastructure and cloud analytics space.

The article covers various investment themes and sectors including robotics and AI adoption, pharmaceuticals driven by aging populations, airline industry opportunities, and oil/natural gas earnings growth. It also discusses employment data showing Leisure & Hospitality leading job growth, and provides analysis of major tech companies like Amazon, AbbVie, and Alibaba facing different growth drivers and challenges.

Dell Technologies has surged 310.2% year-to-date, hitting a new 52-week high of $530.78. The stock maintains a Zacks Rank #1 (Strong Buy) rating driven by consistent earnings beats and strong growth projections. While valuation metrics show the stock trading in line with peer averages, its PEG ratio of 0.76 and favorable analyst revisions suggest potential for continued gains in the coming weeks and months.

Hewlett Packard Enterprise, Broadcom, and Dell Technologies all reported strong quarterly earnings driven by AI infrastructure demand. HPE posted record revenue of $12.2B with 34% YoY growth and raised FY26-27 guidance. Broadcom delivered $29.6B revenue (86% YoY growth) with AI semiconductor revenue surging 221% YoY. Dell achieved record $47B revenue (58% YoY growth) with a massive $95B AI server backlog. All three companies provided upbeat forward guidance, though market reactions were mixed as expectations remain sky-high.

Dell Technologies reported Q2 fiscal 2027 earnings of $7.04 per share, beating estimates by 41.65%, with revenues surging 58% to $46.97 billion driven by record AI server orders of $60.9 billion. The company raised fiscal 2027 revenue guidance to $192 billion and expects $74 billion in AI server revenues, with ISG revenues jumping 89% year-over-year to $31.78 billion.

Dell Technologies ended fiscal Q1 2027 with a record $51.3B AI backlog and AI server revenues of $16.1B (up 757% YoY), driving ISG revenues to $29B. The company raised its fiscal 2027 AI server revenue guidance to approximately $60B, supported by a growing customer base exceeding 5,000. However, Dell faces intense competition from NVIDIA and Cisco in the AI infrastructure market.

Dell Technologies is set to report Q2 earnings with analysts expecting $4.95 EPS (up 113.4% YoY) and $45.25 billion in revenue (up 52% YoY). Key segments show strong growth, particularly Infrastructure Solutions Group Servers and Networking (+99% YoY) and Infrastructure Solutions Group overall (+67% YoY). The stock has gained 25.5% over the past month and carries a Zacks Rank #1 (Strong Buy) rating.

The S&P 500 Index soared to a record high this week, continuing an uptrend that started in March when it crashed to $6,314. It rallied despite the elevated energy prices and bond yields, and after FOMC minutes showed that officials considered hiking interest rates. This article highlights the top stocks to watch next week, including Salesforce (NYSE: CRM ) , Marvell Technologies (NASDAQ: MRVL ), Costco Wholesale (NASDAQ: COST ) , and Dell Technologies (NASDAQ: DELL ) . Salesforce In Focus Amid SaaSpocalypse Jitters Salesforce, the biggest company in the customer relationship management industry, will be in the spotlight as it releases its earnings on Wednesday. These numbers come as its stock continues to languish after falling by 51% from its highest point in 2025 amid SaaSpocalypse fears. SaaSpocalypse is a fairly new word referring to the potential disruption of companies in the SaaS industry by AI tools. In a note this week, BofA's Tai Liam warned that the company was facing an AI-driven reset .  Analysts expect that the company's earnings will show that its revenue rose by 12% last quarter to $11 billion. Part of this growth will be because of its recent acquisitions, including Informatica and Bluebirds. Software companies have reacted differently after ... Full story available on Benzinga.com

U.S. stocks reached record highs on Friday with the Dow Jones Industrial Average surpassing 50,610, driven by a powerful AI-led rally in semiconductor and PC stocks. Dell Technologies surged 15% to a record high following Morgan Stanley's price target increase citing a $43 billion AI server backlog. The S&P 500 and Nasdaq 100 are on track for their eighth consecutive weekly gain, though consumer sentiment hit a record low amid rising inflation expectations and geopolitical tensions affecting oil prices.

U.S. stocks pushed higher by midday Friday, with the Dow Jones Industrial Average punching to a fresh record high as a powerful AI-led rally in chip and PC names overpowered another shock to consumer sentiment. The S&P 500 and Nasdaq 100 are now on track for an eighth straight weekly gain — the longest winning streak since 2023 — as diplomatic signals on Iran helped cool oil and pulled Treasury yields lower for a third consecutive session. The S&P 500 climbed 0.4% to 7,477 by 11 a.m. ET, while the Dow Jones Industrial Average advanced 324 points, or 0.6%, to a record 50,610, led by Merck & Co. Inc. (NYSE: MRK ) ,+4.7%; Caterpillar Inc. (NYSE: CAT ) , +3.7% and IBM (NYSE: IBM ) , +2.8%. The latter is on track for its best week in over two decades. The Nasdaq 100 added 0.2% to 29,417, dragged by a soft session within Magnificent Seven stocks. NVIDIA Corp. (NASDAQ: NVDA ) slipped 1.2% as traders continued to digest a first-quarter report that beat headline estimates but delivered revenue guidance that did not exceed the upper end of analyst expectations. Microsoft Corp. (NASDAQ: MSFT ) and Alphabet Inc. (NASDAQ: GOOGL ) each slipped less than 0.5%. The Russell 2000 outperformed, rising 0.9% as small caps caught a tailwind from falling yields. The University of Michigan consumer sentiment index was revised to a record low 44.8 in May from a preliminary 48.2, a third straight monthly drop blamed on Hormuz-driven gasoline costs. One-year inflation expectations were nudged up to 4.8% and five-year expectations to 3.9% — the highest in seven months — keeping a hawkish overlay on every Fed headline. The bond market now assigns a 82% ... Full story available on Benzinga.com