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AI servers are quietly driving up the cost of every laptop on the shelf, and the companies caught in the middle face a choice between shrinking margins and shrinking sales.

Dell Technologies, Google Cloud and SHI International join Texas Athletics to power a first-of-its-kind hub for sports intelligence, data analytics, research, and talent development

, /PRNewswire/ -- University of Texas Athletics and the Business of Sports Institute (BOSI) in the McCombs School of Business, in cooperation with Longhorn Sports Properties, today announced the launch of Bevo Lab, a unique collaboration that will serve as higher education's premier sports intelligence platform and living laboratory—bringing together sports, technology, data analytics, and artificial intelligence (AI) to elevate human performance while expanding hands-on learning opportunities for students.
 

Texas softball athlete Kayden Henry demonstrates motion capture technology, just one of many tools that can be used to maximize human performance through data analysis in Bevo Lab. Joined by Dell Technologies, Google Cloud, and SHI International, Texas Athletics is building the premier sports intelligence platform in higher education, creating a standard of excellence that spans 21 intercollegiate teams and over 500 student-athletes. Bevo Lab will leverage AI-driven research and data analytics to deliver real-world solutions to help athletes and coaches become more efficient in their training and preparation while developing a pipeline of students with hands-on experience for sought-after careers in technology and sports analytics.

"With the help of our nationally ranked academic leaders and cutting-edge technology brand sponsors, Bevo Lab will become the global benchmark for innovation in sports AI and data analytics, making Texas Athletics the most data-driven athletic program in the country," said Chris Del Conte, vice president and Folger Family Athletics Director at The University of Texas. "What starts here changes the world, and this vision will transform collegiate athletics. There is no bigger stage, no more powerful brand and no better time than now to lead in this new evolution of sports technology."

Del Conte will officially announce Bevo Lab today at Texas' Business of College Sports Summit.

Named for the university's esteemed and powerful live mascot, Bevo Lab will be a part of BOSI, an academic and research center in McCombs that combines business education, on-field/on-court performance analytics, applied research, and industry participation. The lab will engage as many as 40 student researchers annually in managing the modeling and data projects under the direction of acclaimed sports data analyst, author, and BOSI executive director Kirk Goldsberry, Ph.D.

"The AI and emerging technologies provided by our industry partners will empower our students and researchers to deliver improved efficiency and increased speed in data analysis to boost performance and improve success," added Goldsberry. "Bevo Lab will reinforce Texas as a leader in sports analytics and AI and will serve as the blueprint for the future of sports."

Key innovations driving the Bevo Lab:

Bevo Lakehouse: A unified data warehouse that consolidates previously siloed sports-specific data such as game film and wearable technology into a single platform—starting with football, before expanding across all 21 varsity sports. Predictive AI & analytics models: Custom machine learning frameworks, including "transfer AI" for roster evaluation, designed to give coaches actionable insights for game strategy, scouting, and player development. Tailored front-end applications: Intuitive visual and natural language interfaces built specifically for the distinct daily workflows of athletes, coaches and athletic executives. Next-generation skills training: A hands-on program for UT students to gain AI skills and deploy live applications alongside athletic teams. Through a first-of-its-kind Google Public Sector ambassador program, students will also get to work directly with engineering teams, gaining high-stakes industry experience to launch careers in tech and sports analytics. Dell Technologies: Powering a New Era in College Athletics

Dell Technologies is deepening its decadeslong relationship with The University of Texas as the premier founding sponsor and the Official Technology Infrastructure Sponsor of Bevo Lab. Building on a broad history of collaboration that spans groundbreaking research at the Texas Advanced Computing Center and technology innovation across Texas Athletics, Dell is providing the secure AI-ready infrastructure that powers Bevo Lab, enabling students, researchers, coaches and student-athletes to transform data into actionable insights, accelerate innovation and elevate human performance.

"Bevo Lab represents the next chapter in Dell Technologies' longstanding relationship with The University of Texas and our shared commitment to innovation," said Geraldine Tunnell, chief marketing officer, Dell Technologies. "By providing the secure, AI-ready infrastructure that powers this initiative, we're enabling students, researchers, coaches and student-athletes to turn data into insight, accelerate innovation and unlock new possibilities for human performance. Together, we're helping shape the future of sports analytics, research and education."

Google Cloud: Pioneering AI Breakthroughs from Campus to Game Day

Google Cloud joins Bevo Lab as the Official Cloud Provider and Enterprise AI Provider, establishing a secure, powerful data foundation built for the future of collegiate athletic performance. By leveraging Google Cloud and Gemini, Google's advanced multimodal, agentic AI, student researchers and athletic staff members can quickly unify vast athletic datasets to generate real-time sports intelligence. Google Public Sector's Rapid Innovation and Specialty Engineering Teams will collaborate directly with UT coaches and students to prototype new sports technology while mentoring future sports and technology leaders. In fact, early collaboration with Google Public Sector has already introduced AI-driven workflows that save UT coaches more than 15 hours per week in game preparation, giving them critical time back to focus on strategy and player development.

"As a proud UT alum, I am thrilled to see my alma mater leading the charge at the intersection of collegiate sports, academic research, and artificial intelligence," said Matt Renner, president and chief revenue officer of Google Cloud. "Bevo Lab will establish a new global benchmark for sports innovation, directly enhancing how the Longhorns will train, game plan, and compete on the field while providing a premier launchpad for the next generation of tech and sports analytics leaders. By putting our advanced data analytics platforms and Gemini models into the hands of UT students, coaches, and researchers, we are building a secure foundation for sports intelligence that will define the future of the industry."

SHI International: Uniting Strategy and Integration for the Win

Founding sponsor SHI will serve as the strategic technology and solutions integrator of Bevo Lab, translating Texas Athletics' vision into a secure, scalable technology architecture. Drawing on its deep expertise across IT infrastructure, cloud, AI and cybersecurity, SHI will orchestrate the partner ecosystem, ensuring multiple technologies across Bevo Lab operate as one unified platform for sports innovation that will evolve with the university's athletic performance and provide research and workforce development opportunities for students managing the data analytics projects.

"For nearly four decades, customers have trusted SHI to bring together the right technologies, partners and expertise to build, manage and secure some of the world's most complex IT environments," said Jack Hogan, vice president of Advanced Growth Technologies at SHI International. "As the strategic technology and solutions integrator of Bevo Lab, we are thrilled to turn best-of-breed infrastructure, cloud, data, AI and security technologies into one trusted, scalable environment that enables Texas Athletics, coaches, student-athletes and researchers to achieve greatness on the playing field, in the lab, in the classroom and throughout their post-college careers."

Strategic Collaboration Across Athletics and Industry

Longhorn Sports Properties, the Austin-based division of college media and technology leader Learfield, assisted in the development of Bevo Lab and secured its founding corporate sponsors.

"Bevo Lab is a cutting-edge collaboration that will make a tremendous positive impact on our coaches, our student-athletes and the university," said Lucas Motta, vice president of Longhorn Sports Properties. "We are excited to lock arms with Dell Technologies, Google Cloud and SHI as leaders within their industry, and together we will help power Texas Athletics to even more championships while preparing our students for the new era in the tech workforce."

Bevo Lab will be housed in Innovation Tower adjacent to the UT campus and in the heart of Austin's Innovation District. A dedicated microsite that details Bevo Lab and its research will be available at texaslonghorns.com/bevolab.

About Dell Technologies
Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the AI era.
 

About Google Cloud
Google Cloud offers a powerful, optimized AI stack—including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications—that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

About SHI International
SHI International is a $16 billion transformational technology solutions integrator serving the needs of more than 17,000 corporate, enterprise, public sector and academic customer organizations around the world. It helps companies achieve business goals through the use of technologies ranging from software licensing and end user computing devices to innovative cloud and edge solutions. With over 7,000 employees worldwide, SHI is the largest Minority and Woman Owned Business Enterprise (MWBE) in the U.S.

About Learfield
Learfield is the leading media and technology company powering college athletics. Through its digital and physical platforms, Learfield owns and leverages a deep data set and relationships in the industry to drive revenue, growth, brand awareness, and fan engagement for brands, sports, and entertainment properties. With ties to over 1,200 collegiate institutions and over 12,000 local and national brand partners, Learfield's presence in college sports and live events delivers influence and maximizes reach to target audiences. With solutions for a 365-day, 24/7 fan experience, Learfield enables schools and brands to connect with fans through licensed merchandise, game ticketing, donor identification for athletic programs, exclusive custom content, innovative revenue generation solutions, student-athlete marketing initiatives, and advanced digital platforms. Since 2008, it has served as title sponsor for the acclaimed Learfield Directors' Cup, supporting athletic departments across all divisions. 

Media contacts:
University of Texas Athletics: John Bianco, [email protected], 512-471-1346

Longhorn Sports Properties/Learfield: Tammy Purves, [email protected], 404-932-3266

McCombs School of Business: Judie Kinonen, [email protected], 409-356-3324

Dell Technologies: Lauren Mauro, [email protected].

Google Cloud: [email protected]

SHI: Kaitlynn Cooney, [email protected]

SOURCE Learfield

In the latest trading session, Dell Technologies (DELL) closed at $452.81, marking a -6.81% move from the previous day.

Diversify Advisory Services LLC increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 20.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,560 shares of the technology company’s stock after buying an additional 1,297 shares during the period. Diversify Advisory Services LLC’s holdings in Dell Technologies were worth $4,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Jean Financial LLC acquired a new position in Dell Technologies during the third quarter worth $1,682,000. Cornerstone National Bank & Trust Co acquired a new stake in shares of Dell Technologies in the third quarter valued at about $49,000. Prime Capital Investment Advisors LLC grew its position in shares of Dell Technologies by 20.0% in the third quarter. Prime Capital Investment Advisors LLC now owns 22,371 shares of the technology company’s stock valued at $12,034,000 after purchasing an additional 3,721 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Dell Technologies by 2.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,977 shares of the technology company’s stock worth $25,271,000 after purchasing an additional 929 shares in the last quarter. Finally, CWA Asset Management Group LLC lifted its stake in Dell Technologies by 21.6% in the 3rd quarter. CWA Asset Management Group LLC now owns 1,697 shares of the technology company’s stock valued at $913,000 after buying an additional 302 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies News Summary Here are the key news stories impacting Dell Technologies this week:

Positive Sentiment: Super Micro’s stronger outlook lifted the AI-server group. Super Micro raised its preliminary fiscal first-quarter revenue forecast to $18.5 billion-$19.5 billion, approximately $4 billion above its prior midpoint, and projected gross margins of 12%-12.5%. The update provided fresh evidence of robust AI infrastructure demand and supported Dell and other server makers. Why Is Dell Stock Surging Wednesday? Positive Sentiment: Dell expanded its AI Factory platform with NVIDIA. New offerings span deskside agentic-AI systems, workstations and data-center infrastructure designed to help enterprises move AI from testing into production. Dell said its AI Factory customer base has grown to more than 6,500 from 5,000 in the prior quarter, strengthening the investment case for its AI-server backlog and ecosystem. Dell Technologies Advances Enterprise Agentic AI from the Deskside to Data Center with NVIDIA Positive Sentiment: Management emphasized supply availability as a competitive advantage. Dell said that, in the tight AI market, access to components and delivery capacity may matter more than price, suggesting demand remains strong enough for customers to prioritize timely deployment. In a tight AI market, Dell says supply matters more than price Positive Sentiment: Dell reportedly raised its dividend by 20% for the fourth consecutive year, adding to shareholder-return support and signaling confidence in cash generation. Dell Technologies raises its dividend 20% for the fourth year running Neutral Sentiment: Former Dell CFO Yvonne McGill joined Sourceability’s board. The appointment highlights her industry experience but has limited direct financial impact on Dell. Sourceability Appoints Yvonne McGill to Its Board Negative Sentiment: Barclays recently downgraded Dell, arguing that its valuation has outpaced the pace of enterprise AI adoption. Investors also remain concerned about memory and other component shortages, as well as debt risks among AI infrastructure customers such as CoreWeave. Dell Stock Got Hit by a Downgrade Insider Buying and Selling at Dell Technologies In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the transaction, the director owned 64,209 shares of the company’s stock, valued at approximately $33,217,884.06. The trade was a 58.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the sale, the director directly owned 73,185 shares of the company’s stock, valued at $37,861,527.90. This represents a 53.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,817,628 shares of company stock worth $990,253,476. Insiders own 41.50% of the company’s stock. Dell Technologies Price Performance DELL opened at $486.29 on Thursday. The company’s 50 day simple moving average is $514.95 and its two-hundred day simple moving average is $401.21. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51. The firm has a market capitalization of $309.19 billion, a price-to-earnings ratio of 28.22, a price-to-earnings-growth ratio of 0.48 and a beta of 1.37.

Dell Technologies (NYSE:DELL – Get Free Report) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.70 EPS. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, equities analysts anticipate that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s payout ratio is currently 14.63%.

Analyst Ratings Changes Several equities research analysts recently issued reports on DELL shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Dell Technologies in a report on Wednesday, August 12th. Sanford C. Bernstein increased their target price on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a report on Wednesday, September 2nd. Piper Sandler restated an “overweight” rating and issued a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Melius Research lifted their price target on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft started coverage on Dell Technologies in a research note on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Get Our Latest Stock Report on Dell Technologies

(Free Report)

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.

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Dell stock is on pace for its best daily percentage gain since Sept. 11.

BERLIN--(BUSINESS WIRE)--NVIDIA GTC – Dell Technologies (NYSE: DELL) announces a broad set of advancements across the Dell AI Factory with NVIDIA, spanning AI solutions and ecosystem innovations, new deskside agentic solutions and purpose-built AI infrastructure, helping enterprises move agentic AI from experimentation to production on infrastructure they own and control. With more than 6,500 customers, up from 5,000 last quarter,1 Dell continues to prove that an end-to-end approach delivers me.

Dell Technologies and Hewlett Packard Enterprise shares rose in premarket trading on Wednesday after Super Micro Computer issued a stronger-than-expected preliminary financial outlook, providing fresh evidence of demand for artificial intelligence infrastructure even as investors question the sustainability of enterprise AI spending.

Super Micro's shares surged more than 12% after the company raised its revenue forecast for the quarter ended September 30 and projected higher gross margins than previously expected.

Dell shares gained nearly 5%, while HPE rose around 4%.

Super Micro now expects quarterly revenue of $18.5 billion to $19.5 billion, up from its previous guidance of $14.5 billion to $15.5 billion.

Analysts tracked by FactSet had forecast revenue of $14.9 billion.

The midpoint of the revised range implies revenue growth of around 279% from the year-earlier period.

The company also expects gross margin, a measure of profitability after accounting for the cost of goods sold, to reach 12% to 12.5%.

That compares with its previous forecast of 10.4% to 10.8%.

Super Micro, Dell and HPE are major suppliers of computing infrastructure used to support AI workloads, including generative AI applications, large language models and enterprise computing systems.

The latest update from Super Micro has therefore offered investors a positive signal about demand for AI servers and related hardware.

Evercore ISI analyst Amit Daryanani said a gross margin of 12% to 12.5% would be "an impressive feat" for Super Micro, given that rival Dell Technologies has historically commanded a "historical pricing premium in AI servers."

"We view the update as a positive data point for AI compute demand," Daryanani wrote in a note to clients.

He added that Super Micro's figures bode well for Dell and Hewlett Packard Enterprise, "with the combination of revenue upside and better-than-expected margins particularly notable."

The rally comes after a strong run for both companies this year.

The rally follows substantial gains for both companies this year. Dell shares have risen around 267% in 2026, while HPE has advanced approximately 134%, based on Tuesday's closing prices.

However, both stocks have recently come under pressure as investors question whether enterprise AI spending can justify elevated valuations. Dell has fallen about 19% over the past five trading sessions, while HPE has declined approximately 18.5%.

Barclays warns enterprise AI spending remains limitedIn a report to clients last week, Barclays downgraded its ratings on Dell, HPE and NetApp amid uncertainty about the timing of enterprise AI spending.

Barclays analyst Tim Long lowered Dell to Equal Weight from Overweight and cut his price target to $574 from $603.

The revised target still implies upside of around 24% from Tuesday's closing price.

The Barclays analysts said they had not seen a "meaningful AI inflection" in enterprise spending for Dell, HPE and NetApp, attributing much of the recent revenue strength to higher memory costs.

“There is growing sentiment about enterprise AI adoption creating a hardware refresh,” the Barclays analysts wrote, adding that businesses are typically allocating just 5% of their IT budgets to AI.

“We believe the strong enterprise revenues are more of a function of memory costs than a move to enterprise AI at this time.”

Despite the cautious assessment, analyst sentiment remains broadly positive.

According to the Wall Street Journal's analyst data, 18 of 33 analysts covering Dell have Buy ratings, four have Overweight ratings and 10 have Hold ratings, with no Sell ratings.

The average price target stands at $599.69.

For HPE, 13 of 27 analysts have Buy ratings, 11 have Hold ratings and three have Overweight ratings.

The average price target is $73.05, implying potential upside of around 30% from current levels.

Super Micro's preliminary business update provided only limited details, leaving investors waiting for a clearer picture of the sources of demand and the sustainability of its improved performance.

The company is scheduled to report its official earnings results on November 3.

Daryanani said questions remain over how much of Super Micro's September-quarter business came from major cloud companies and how much was generated by newer cloud infrastructure providers such as CoreWeave and SpaceX.

First Bank & Trust decreased its stake in Dell Technologies Inc. (NYSE:DELL – Free Report) by 34.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,597 shares of the technology company’s stock after selling 1,394 shares during the period. First Bank & Trust’s holdings in Dell Technologies were worth $1,397,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE raised its stake in Dell Technologies by 7.6% during the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after purchasing an additional 1,011,101 shares during the last quarter. Wellington Management Group LLP grew its position in Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after purchasing an additional 1,474,347 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Dell Technologies by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock worth $157,869,000 after purchasing an additional 27,668 shares during the last quarter. Swiss National Bank increased its holdings in shares of Dell Technologies by 4.7% during the 1st quarter. Swiss National Bank now owns 931,008 shares of the technology company’s stock worth $152,806,000 after purchasing an additional 41,700 shares during the period. Finally, Amundi increased its holdings in shares of Dell Technologies by 5.8% during the 1st quarter. Amundi now owns 845,709 shares of the technology company’s stock worth $138,806,000 after purchasing an additional 46,240 shares during the period. Institutional investors own 76.37% of the company’s stock.

Insider Activity at Dell Technologies In related news, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the transaction, the director owned 73,185 shares in the company, valued at $37,861,527.90. This trade represents a 53.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the sale, the director directly owned 64,209 shares in the company, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,817,628 shares of company stock valued at $990,253,476 in the last 90 days. 41.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes A number of research analysts have recently commented on DELL shares. Susquehanna reaffirmed a “positive” rating on shares of Dell Technologies in a research report on Tuesday, September 29th. Fox Advisors upgraded shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 target price for the company in a research note on Wednesday, September 2nd. Bank of America lifted their target price on Dell Technologies from $505.00 to $600.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. Royal Bank Of Canada began coverage on Dell Technologies in a report on Thursday, September 10th. They issued an “outperform” rating and a $640.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on Dell Technologies in a report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $569.96. Get Our Latest Stock Analysis on Dell Technologies

Key Dell Technologies News Here are the key news stories impacting Dell Technologies this week:

Positive Sentiment: Dell was selected as a core AI infrastructure partner for Honeywell’s Forge Cognition platform, alongside NVIDIA. The partnership could expand Dell’s enterprise and industrial AI exposure through deployments at data centers and edge locations. Dell Lands Core AI Infrastructure Role in New Industrial Platform Positive Sentiment: Commentary continues to point to strong AI-server demand and a record backlog. CEO Michael Dell’s expectation that memory shortages could persist for several years underscores the scale of AI infrastructure demand, although it also creates supply and cost risks. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem Neutral Sentiment: Dell says its just-in-time manufacturing and customer-funded model could reduce inventory and balance-sheet exposure if AI spending slows. The strategy may limit downside in a downturn, but it also signals that investors are increasingly focused on the possibility of an AI investment slowdown. Michael Dell Has Tips to Beat an AI Bust Negative Sentiment: Barclays downgraded Dell to Equal Weight from Overweight, arguing that the stock’s valuation has risen sharply while evidence of a broad enterprise-AI spending inflection remains limited. The downgrade contributed to continued selling after Dell’s major rally. Barclays Downgrades Dell Technologies Negative Sentiment: Investors are questioning whether AI-server revenue growth is being driven by durable demand or elevated memory and component prices. Higher costs could pressure margins and reduce the earnings benefit of rising sales. Dell Stock’s Stellar Year Hits a Snag Negative Sentiment: AI hardware stocks broadly weakened amid concerns about how customers are financing massive infrastructure projects, while hotter inflation increased pressure on high-growth technology valuations. Dell’s recent insider sales added another source of investor caution. AI Financing Worries Extend Hardware Selloff Dell Technologies Stock Down 0.2% NYSE:DELL opened at $450.68 on Monday. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The firm has a market capitalization of $286.55 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 0.47 and a beta of 1.37. The firm has a 50-day moving average price of $514.56 and a 200 day moving average price of $394.91.

Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.70 earnings per share. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, research analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio is presently 14.63%.

Dell Technologies Company Profile (Free Report)

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.

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A Wall Street downgrade citing concerns over the pace of corporate artificial intelligence adoption sent Dell Technologies (DELL -4.58%) tumbling 22.9% last week.

Dell stock changed hands at $451.71 as of the close on Friday, Oct. 15, down 22.9% from last Friday's close. Over the same period, the S&P 500 (^GSPC -1.09%) fell 1.95%, and the Nasdaq-100 was down 5.49%.

Image source: The Motley Fool.

Wall Street casts doubt on the timing of enterprise AI spendingAnalysts at Barclays downgraded Dell on Wednesday, Oct. 14, lowering their rating to the equivalent of a hold from a buy. The analysts argued that recent enterprise server revenue growth stems primarily from memory component cost inflation passed along to customers rather than a fundamental surge in enterprise artificial intelligence adoption. They noted that hardware represents only about a quarter of total corporate AI budgets and warned that normalizing memory prices could weigh on server-related revenue in the coming quarters.

Dell Technologies sells enterprise data center servers, storage systems, and personal computers to commercial businesses and consumers. Its Infrastructure Solutions Group supplies high-performance servers designed for complex data workloads, while its Client Solutions Group sells commercial desktops and laptops. The Wall Street critique strikes at the heart of Dell's growth narrative, which hinges on enterprise clients upgrading physical infrastructure to deploy generative AI workloads.

In its last reported quarter, which ended July 31, 2026, Dell generated record revenue of $47 billion, up 57.7% year over year, buoyed by $16.4 billion in AI server revenue. However, if corporate clients slow their hardware deployment schedules while component costs ease, top-line growth could cool rapidly. Barclays' downgrade highlights that near-term server growth may reflect pass-through memory inflation rather than accelerating enterprise AI adoption, sharpening doubts around Dell's AI infrastructure trajectory.

What's next for Dell TechnologiesDell trades at a trailing price-to-earnings (P/E) ratio of 26.2. That sits near the middle of a wide peer range, with HP at 11.6, Hewlett Packard Enterprise at 28.8, and International Business Machines at 20.6 trailing P/E. The multiple alone does not show whether Dell is cheap or expensive, though sustainable enterprise AI demand does.

Investors should focus on Dell's next scheduled quarterly earnings report on Nov. 24, 2026. Management's commentary on the infrastructure backlog and operating margin trends will provide the clearest evidence of whether enterprise server orders are holding up or slowing.

$451.71-$21.68 (-4.58%)

NYSE · As of 4:00 PM ET 10/16/26

Is Dell Technologies stock a buy? Dell stock has tripled over the last year as data center build-outs accelerated, and demand for Dell's servers exploded. Unlike some other AI-related names, though, the stock didn't just rise on speculation and hope for future business. Dell's revenue has soared, and the stock's value along with it.

Fears of waning demand for Dell's products hit the stock this week, resulting in a correction of more than 20%. That's a normal process to balance overexcitement, though, and it's what long-term shareholders should want to see.

The decline gives investors a chance to buy Dell stock at a more reasonable price. Dell isn't overly valued given its existing, profitable business. Even if demand for its AI-optimized servers slows, those products are estimated to account for less than 40% of total annual revenue this fiscal year. And demand for AI will likely be sustained at some level.

A permanent shift away from enterprise AI adoption would certainly negatively impact returns for Dell shareholders. But a profitable, growing business is still in place. That makes this week's correction a good opportunity to own some Dell stock.

Dell just booked a record AI server backlog and its stock has already outpaced nearly every name on Wall Street this year, yet analysts say the real move may not have started yet. Here is what the math looks like…

Dell Technologies (NYSE:DELL | DELL Price Prediction) has become one of the biggest builders of AI infrastructure. In its fiscal second quarter, Dell booked a record $60.9 billion in AI server orders and ended the quarter with a $95 billion backlog.

Jeff Clarke, Dell’s vice chairman and chief operating officer, described the shift this way: “IT environments have shifted from cost centers to value drivers that fuel growth and competitive advantage, and customers are investing accordingly.”

Shares are up 313% year-to-date at $514.66, even after a 10.1% drop today that Barron’s called the stock’s worst day in more than a year. From that lower price, here is what Dell needs to do to hit $800 per share in 2027.

Wall Street Sees More Upside as Estimates Keep Climbing
Analysts’ average 1-year target is $589.96, implying 15% upside. Coverage leans bullish, with 6 Strong Buy ratings, 14 Buys, 9 Holds and zero Sells.

Estimates are moving fast. The consensus for fiscal 2027 (ending January 2027) EPS stands at $25.8976, compared with $18.3860 90 days ago. Over the past 30 days, analysts made 23 upward revisions and zero downward ones.

Dell has also beaten EPS estimates for 5 consecutive quarters, most recently posting $7.04 against a $4.8994 estimate. That track record suggests actual results could keep running ahead of forecasts.

Can Dell Really Hit $800? Let’s Do the Math
At today’s price, Dell trades at roughly 20x fiscal 2027 earnings estimates, below the S&P 500’s forward multiple of about 21-23x. At $800, shares would trade at 31x this year’s estimate and 32x the fiscal 2028 consensus of $24.6637.

That premium is defensible for a business guiding to $74 billion in AI server revenue (up 200%) and non-GAAP EPS of $25.50 (up 148%). The fiscal 2028 consensus comes from just 8 analysts, and the high estimate already sits at $30.19.

What Could Push Dell to $800?

Backlog conversion: Management said the AI pipeline remains multiples of backlog, with $19 billion in AI server revenue guided for the third quarter.
A server refresh cycle: Traditional servers rose 122%, and most of the installed base still runs 14th-generation or older hardware. New 18G servers offer consolidation rates of 12 to 14 servers.
Margin expansion: ISG operating margin reached 15% versus 8.8% a year ago, and operating expenses are heading toward 8% of revenue, the lowest in Dell’s 42-year history.
Industry tailwinds: Dell expects AI to make up 75% of all data center demand by 2030. The Department of Energy projects data centers could account for up to 12% of U.S. electricity demand by 2028.
Capital returns: Dell returned a record $4.3B to shareholders in the second quarter.

Past Returns Show $800 Is Within Reach
Reaching $800 requires a 55% gain. Adjusted price data going back to 2019 shows Dell has cleared that bar before.

Shares rose 96% in 2023 and are up 313% in 2026. They came close in 2024 (53%) and 2021 (51%). Dell is a much larger company now, so repeating those gains is harder, but its history shows it can happen.

$800 Is a Stretch, but Here’s Why It’s Possible
Hitting $800 would take a 55% gain. Wall Street already sees upside, estimates are climbing and the beat streak is intact.

Hurdles remain: management said DRAM and NAND supply remain tight, and free cash flow fell 47% to $986M last quarter. If the backlog converts, margins hold and the market cooperates, $800 is within reach. Returns at this level are rare, and this is the blueprint for how Dell could see outsized returns in 2027.

Contact [email protected] for any questions or corrections.

In the latest close session, Dell Technologies (DELL - Free Report) was down 6.8% at $473.39. This change lagged the S&P 500's 0.33% gain on the day. Meanwhile, the Dow experienced a rise of 1.08%, and the technology-dominated Nasdaq saw an increase of 0.08%.

The computer and technology services provider's stock has dropped by 9.83% in the past month, falling short of the Computer and Technology sector's gain of 1.62% and the S&P 500's gain of 1.41%.

Market participants will be closely following the financial results of Dell Technologies in its upcoming release. In that report, analysts expect Dell Technologies to post earnings of $6.63 per share. This would mark year-over-year growth of 155.98%. Our most recent consensus estimate is calling for quarterly revenue of $50.63 billion, up 87.47% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $26.09 per share and a revenue of $195.68 billion, indicating changes of +153.3% and +72.35%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for Dell Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.13% higher. Dell Technologies is holding a Zacks Rank of #1 (Strong Buy) right now.

Looking at its valuation, Dell Technologies is holding a Forward P/E ratio of 19.47. Its industry sports an average Forward P/E of 19.47, so one might conclude that Dell Technologies is trading at no noticeable deviation comparatively.

One should further note that DELL currently holds a PEG ratio of 0.51. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Computer - Micro Computers stocks are, on average, holding a PEG ratio of 1.58 based on yesterday's closing prices.

The Computer - Micro Computers industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 16, positioning it in the top 7% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Dell shares are tumbling after a huge rally, as analysts say higher memory prices—not an enterprise AI breakthrough—are driving hardware revenue growth.

Dell shares plummeted 11% on Wednesday and dragged down other data center equipment names on mounting concerns that enterprise spending on artificial intelligence won't justify the AI buildout.

Hewlett-Packard Enterprise, Oracle and Super Micro all joined in the downward slide.

In a report to clients on Wednesday, analysts at Barclays downgraded its rating on Dell, HPE and NetApp, "after a significant run and on enterprise AI timing."

Makers of data center servers and other backend equipment have been favored on Wall Street this year on optimism that they'll be selling huge volumes of gear tied to demand for AI chips and systems for years into the future. Dell has been one of the top performers on the market, up more than 300% this year, while HPE has jumped about 160% and NetApp has doubled.

However, sentiment toward the AI infrastructure space has shifted of late due in part to concerning revenue figures out of OpenAI and more broadly out of fear that rising interest rates will create a challenging environment as so much of the buildout is reliant on debt. Oracle, a heavy borrower, dropped 9% on Wednesday and is now down 33% for the year while neocloud CoreWeave plunged 15%, wiping out its gains for 2026.

The Barclays analysts said they haven't seen a "meaningful AI inflection" when it comes to enterprise spending for Dell, HPE and NetApp, lowering the rating on each to the equivalent of a hold from buy. They instead attribute increased revenue to the global memory shortage and noted that infrastructure companies have passed the higher price of memory along to customers.

"There is growing sentiment about enterprise AI adoption creating a hardware refresh," the Barclays analysts wrote, adding that businesses are typically allocating just 5% of their IT budgets to AI. "We believe the strong enterprise revenues are more of a function of memory costs than a move to enterprise AI at this time."

The Barclays analysts also found that only about a quarter of total enterprise AI spend is going towards hardware. They said normalizing and eventually declining memory prices could weigh on infrastructure-related revenue.

Memory is a notoriously cyclical business, and stocks were hit this week after China's ChangXin Memory Technologies, or CXMT, reported progress over the weekend on a new chip structure. Micron is down 11% for the week, while South Korea's SK Hynix has tumbled 13% in U.S. trading and Western Digital has dropped more than 8%.

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Shares of Dell Technologies DELL, Hewlett Packard Enterprise (HPE) and NetApp (NTAP) fell in trading on Wednesday after Barclays downgraded all three stocks, citing elevated valuations and a lack of meaningful artificial intelligence (AI)-driven growth.

Barclays analyst Tim Long lowered the ratings to Equal Weight from Overweight, adopting a more cautious outlook on IT hardware companies exposed to enterprise spending.

The bank reduced its price target on Dell to $574 from $603 and on HPE to $77 from $83, while maintaining its $219 target for NetApp.

The downgrades followed substantial gains in all three stocks over the past year, partly supported by higher memory prices that have helped boost revenue.

In a Wednesday investor report, Long said Barclays was taking a more cautious approach to companies more closely aligned with enterprise spending.

“Valuations have run, commodity costs have helped revenues, and we don't see a meaningful AI inflection yet,” Long said.

The analyst noted that higher memory costs have contributed to revenue growth, raising questions about whether the companies can sustain their performance as prices normalise.

Long said he had entered the year positive on Dell, HPE and NetApp, believing concerns about rising memory costs were overstated.

However, he suggested that the subsequent stock gains had made valuations more difficult to justify without stronger evidence of AI-driven demand.

The concern is that revenue growth supported by higher component prices may not translate into sustained expansion if memory costs decline and demand for enterprise AI does not accelerate significantly.

Barclays lowered its price target on Dell to $574 from $603, despite acknowledging the company's performance across enterprise categories.

Long said Dell's fiscal 2027 guidance calls for revenue growth of just over 100% in enterprise servers, alongside mid-teens growth in storage and client solutions.

However, Barclays expects much of this growth to come from higher average selling prices that offset memory inflation.

The bank anticipates a meaningful slowdown in growth over the next two years as memory prices normalise and potentially decline.

For HPE, Barclays reduced its price target to $77 from $83. Long acknowledged the strength of the company's networking business and its positioning in traditional campus networking and newer AI markets.

However, he said the improved business mix was already reflected in the stock's valuation.

NetApp's price target remained unchanged at $219.

Long described its cloud business as one of the strongest segments in Barclays' coverage, noting that the company offers storage-as-a-service products through all three major hyperscaler platforms.

The business has been growing revenue by around 20%, with gross margins reaching 85%, and now accounts for 10% of NetApp's total sales.

Barclays sees potential near-term support from NAND pricing but expects industry conditions to normalise next year.

The downgrades weighed on all three stocks.

HPE shares fell 4.47%, while Dell declined more than 8% and NetApp dropped 4% in trading.

Despite the declines, all three stocks have recorded substantial gains over the past year.

Their advances have increased scrutiny of valuations and the sustainability of earnings growth.

Barclays' revised targets suggest limited further upside for Dell at the cited trading levels, while its HPE target implies more room for gains. Its unchanged NetApp target sits below the stock's reported market price.

Key Takeaways Buying the best Zacks Rank #1 (Strong Buy) momentum stocks in October as Q3 earnings season starts.Buy soaring DELL stock for huge AI upside, with it set to nearly triple its earnings in two years. Investors looking to block out the noise and the macro headwinds and buy stocks right now to start Q3 earnings season should consider surging, Zacks Rank #1 (Strong Buy) stocks that are thriving in the current market conditions.

Despite all near-term market hurdles, the overall S&P 500 earnings outlook is impressive, and it spans far beyond tech with 14 of the 16 Zacks industries set to post YoY EPS expansion.

Plus, the overall outlook for Q4 S&P 500 earnings has improved significantly since early July—from +23.4% to 27.7% before the big banks began reporting on Tuesday morning. 

The momentum stocks this screen puts on your radar are experiencing strong positive earnings revisions, earning them Zacks Rank #1 (Strong Buys) in the early weeks of October.

Let’s dive into how investors can find the best "Strong Buy" momentum stocks to buy right now to start Q3 earnings season. 

Screen Basics: Finding the Best Momentum Stocks to BuyThe screen we are looking into today comes loaded with the Research Wizard. The screen helps investors dig through all of the Zacks Rank #1 (Strong Buy) stocks, of which there are over 200 at any given time, to find some of the top momentum names.

The screen narrows down the list of Zacks Rank #1 (Strong Buy) stocksto those with upward price momentum that are also trading within 20% of their 52-week highs. The screen then uses the PEG ratio and the Price to Sales ratio to help make sure investors are getting value as well. The screen then makes your life a little easier and narrows it down to just seven stock picks.

The screen basics are listed below…

·       Zacks Rank = #1 (Strong Buy)

·       Current Price/52-week High >= 0.8

·       PEG Ratio: P/E F(1)/EPS Growth <= 1

·       Price/Sales <= 3

·       Percentage Change Price -12 Weeks = Top # 7

This strategy comes loaded with the Research Wizard and it is called bt_sow_momentum_method1 It can be found in the SoW (Screen of the Week) folder.

The screen is simple, yet powerful. Here is one of the seven stocks that made it through this week's screen…

DELL: Buy this "Strong Buy" Tech Stock Now for AI Upside Dell Technologies (DELL - Free Report)  stock has ripped ~355% higher in 2026, breaking out meaningfully above its previous peaks in the process as it rides the AI capex boom. DELL’s AI bull case is simple: the tech company is one of the largest suppliers of AI servers, and business is booming.

The firm, which might be known by many as the maker of PCs and laptops, is thriving as its servers, storage, and networking gear segments thrive. Dell closed its most recent quarter with an AI-server backlog of roughly $95 billion.

Image Source: Zacks Investment Research

DELL’s backlog, alongside steady demand for traditional enterprise hardware, gives the company a clear multi-year growth path as more businesses buy the physical infrastructure needed to drive the AI age. It grew its quarterly (Q2 FY27) AI-Optimized Servers sales by 100% YoY to $16.4 billion and boosted its Traditional Servers and Networking revenue by 122% to $10.5 billion.

Dell posted a huge beat-and-raise quarter on September 1 that saw it raise its full-year fiscal 2027 (current year) sales guidance by $25 billion to $192 billion, boosted by “accelerating” AI momentum. Its FY27 earnings estimate surged another 36%, with its FY28 figure 30% higher.

The recent positivity lands DELL a Zacks Rank #1 (Strong Buy) and extends an impressive wave of upward earnings revisions that began roughly a year ago—its FY27 and FY28 estimates have soared 140% and 150%, respectively, in the past 12 months. And its Most Accurate estimates came in solidly above consensus.

Image Source: Zacks Investment Research

Despite trading right near its recent all-time highs, the stock is not too overheated from a technical standpoint. DELL is trading just above neutral RSI levels, and it has chopped around its 21-day moving average since its May breakout.

Plus, the AI server maker is projected to roughly triple its adjusted earnings between FY26 and FY28—from $10.30 last year to $30.24 a share next year.

Get the rest of the stocks on this list and start looking for the newest companies that fit these criteria. It's easy to do. And it could help you find your next big winner. Start screening for these companies today with a free trial to the Research Wizard. You can do it.

Click here to sign up for a free trial to the Research Wizard today.

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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: www.zacks.com/performance_disclosure

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Dell Technologies CEO Michael Dell said that artificial intelligence models "have to have safeguards and controls" as the debate rages on over the threats the rapidly evolving technology could pose to humans.

"I think we've always had technology that can do great things and maybe do some not-so-great things. You know, fire can heat your home. It can also burn down your whole village. So that's not good. So we have to have safeguards and controls," Dell told CNBC's David Faber in an interview Tuesday.

Dell said "there's a role for government to play" and that the companies building AI tools need to also set "bounded permissions."

He declined to give specifics about what that government role could look like, only saying he's "not a policymaker."

In recent weeks, researchers and industry experts have debated the catastrophic possibilities that could come from self-improving AI models. The outcry was sparked by former Anthropic researcher Jacob Coxon, who quit his job and warned in a Sept. 8 post that frontier labs were "gambling with our lives" in the race towards superintelligence.

Read more CNBC tech newsAI's quiet safety gatekeepers are stepping into the spotlightMicrosoft's Nadella says AI needs an 'emergency brake' that humans controlNvidia GPUs are everywhere. Here are the ways companies are accessing themHollywood takes on Zuckerberg, Musk and Altman amid widespread anxiety over AISince then, tech CEOs, including Anthropic's Dario Amodei and OpenAI's Sam Altman, have endorsed calls for more regulation and an industry-wide slowdown in frontier model development. But the Trump administration has remained staunchly against a coordinated slowdown or other regulations.

President Donald Trump hosted a lunch on Sept. 29 with AI leaders that ended with executives signing a "morally binding" document to self-regulate their products' safety with the help of outside evaluators.

The White House document has made any further federal-level regulation unlikely ahead of November's midterm election, which is only weeks away. The backlash against AI and the data center build-out has reached a fever pitch and is a key issue that could help decide which party controls Congress in the final two years of Trump's term.

Dell also addressed the rise in opposition to data centers and said the more active discussion about them was "a good thing."

"We talk to our customers about it and hear what they're doing to address it, and certainly there are things we can do to make the systems more efficient, to reduce the energy consumption," Dell said. "So we're all working together to address this. I don't see it as a big impediment to 2027."

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.

By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.

However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.

Dell Technologies (DELL - Free Report) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.

Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.

While there are numerous reasons why the stock of this computer and technology services provider is a great growth pick right now, we have highlighted three of the most important factors below:

Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.

While the historical EPS growth rate for Dell Technologies is 8.6%, investors should actually focus on the projected growth. The company's EPS is expected to grow 153.3% this year, crushing the industry average, which calls for EPS growth of 66.1%.

Impressive Asset Utilization RatioAsset utilization ratio -- also known as sales-to-total-assets (S/TA) ratio -- is often overlooked by investors, but it is an important indicator in growth investing. This metric exhibits how efficiently a firm is utilizing its assets to generate sales.

Right now, Dell Technologies has an S/TA ratio of 1.4, which means that the company gets $1.4 in sales for each dollar in assets. Comparing this to the industry average of 1.38, it can be said that the company is more efficient.

While the level of efficiency in generating sales matters a lot, so does the sales growth of a company. And Dell Technologies looks attractive from a sales growth perspective as well. The company's sales are expected to grow 72.3% this year versus the industry average of 8.5%.

Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

There have been upward revisions in current-year earnings estimates for Dell Technologies. The Zacks Consensus Estimate for the current year has surged 0.1% over the past month.

Bottom LineWhile the overall earnings estimate revisions have made Dell Technologies a Zacks Rank #1 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

This combination indicates that Dell Technologies is a potential outperformer and a solid choice for growth investors.

Dell Technologies (DELL), the enterprise computing and storage supplier, targets the first half of 2027 for new tools that help AI agents interpret business dat

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?

Let's take a look at what these Wall Street heavyweights have to say about Dell Technologies (DELL - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Dell Technologies currently has an average brokerage recommendation (ABR) of 1.61, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 28 brokerage firms. An ABR of 1.61 approximates between Strong Buy and Buy.

Of the 28 recommendations that derive the current ABR, 18 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 64.3% and 10.7% of all recommendations.

Brokerage Recommendation Trends for DELL

Check price target & stock forecast for Dell Technologies here>>>

While the ABR calls for buying Dell Technologies, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Should You Invest in DELL?Looking at the earnings estimate revisions for Dell Technologies, the Zacks Consensus Estimate for the current year has increased 0.1% over the past month to $26.09.

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Dell Technologies. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, the Buy-equivalent ABR for Dell Technologies may serve as a useful guide for investors.

In the latest close session, Dell Technologies (DELL - Free Report) was up +2.24% at $587.40. The stock outperformed the S&P 500, which registered a daily gain of 0.6%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.64%.

Shares of the computer and technology services provider have appreciated by 13.41% over the course of the past month, outperforming the Computer and Technology sector's gain of 4.03%, and the S&P 500's gain of 1.34%.

Investors will be eagerly watching for the performance of Dell Technologies in its upcoming earnings disclosure. In that report, analysts expect Dell Technologies to post earnings of $6.63 per share. This would mark year-over-year growth of 155.98%. At the same time, our most recent consensus estimate is projecting a revenue of $50.63 billion, reflecting a 87.47% rise from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $26.09 per share and revenue of $195.68 billion, which would represent changes of +153.3% and +72.35%, respectively, from the prior year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Dell Technologies. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.13% higher within the past month. Right now, Dell Technologies possesses a Zacks Rank of #1 (Strong Buy).

In the context of valuation, Dell Technologies is at present trading with a Forward P/E ratio of 22.02. This denotes no noticeable deviation relative to the industry average Forward P/E of 22.02.

Also, we should mention that DELL has a PEG ratio of 0.57. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Computer - Micro Computers industry stood at 1.69 at the close of the market yesterday.

The Computer - Micro Computers industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 17, putting it in the top 7% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

GAMMA Investing LLC grew its holdings in Dell Technologies Inc. (NYSE:DELL – Free Report) by 7.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,846 shares of the technology company’s stock after buying an additional 925 shares during the period. GAMMA Investing LLC’s holdings in Dell Technologies were worth $6,911,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Collective Family Office LLC boosted its position in Dell Technologies by 1.5% during the third quarter. Collective Family Office LLC now owns 1,299 shares of the technology company’s stock worth $699,000 after acquiring an additional 19 shares during the last quarter. Cornerstone Financial Management LLC raised its holdings in Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after acquiring an additional 23 shares during the last quarter. Noble Wealth Management PBC raised its holdings in Dell Technologies by 113.6% in the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock valued at $25,000 after acquiring an additional 25 shares during the last quarter. Retirement Wealth Solutions LLC lifted its stake in Dell Technologies by 41.3% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock worth $48,000 after purchasing an additional 26 shares in the last quarter. Finally, Triumph Capital Management boosted its holdings in shares of Dell Technologies by 2.3% during the 2nd quarter. Triumph Capital Management now owns 1,405 shares of the technology company’s stock worth $606,000 after purchasing an additional 32 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Price Performance Shares of NYSE DELL opened at $575.17 on Friday. The company has a market capitalization of $365.70 billion, a P/E ratio of 33.38, a P/E/G ratio of 0.60 and a beta of 1.37. The company has a 50 day simple moving average of $504.43 and a 200-day simple moving average of $379.92. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51.

Dell Technologies (NYSE:DELL – Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The firm’s quarterly revenue was up 57.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.70 earnings per share. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. As a group, research analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current year. Dell Technologies Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Analyst Ratings Changes A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada began coverage on Dell Technologies in a research report on Thursday, September 10th. They issued an “outperform” rating and a $640.00 price target for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Dell Technologies in a research note on Wednesday, August 12th. Morgan Stanley upped their target price on Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a report on Monday, September 21st. Melius Research raised their target price on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Finally, Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price target on the stock in a report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $571.12.

Read Our Latest Research Report on DELL

Dell Technologies News Roundup Here are the key news stories impacting Dell Technologies this week:

Positive Sentiment: Dell received a bullish catalyst from an analyst upgrade: Mizuho raised its price target to $650 from $600 while maintaining an Outperform rating. The revision reflects reported AI-server orders of $60.9 billion, $16.4 billion in AI-server revenue and a $95 billion backlog. Why Dell Stock Is Trading Up Today Positive Sentiment: Dell launched new Windows PCs and workstations designed for “agentic AI” in collaboration with NVIDIA and Microsoft. The products expand Dell’s AI offerings beyond data-center servers and could support demand from developers and creative professionals. Dell Technologies Drives the Agentic AI Era Positive Sentiment: Coverage continues to highlight Dell’s expanding AI customer base, large backlog and recently enhanced AI Data Platform, including NVIDIA-powered acceleration, data orchestration and enterprise knowledge-graph capabilities. These developments reinforce the long-term AI infrastructure growth narrative. Can Dell Turn Its New AI Data Platform Into a Durable Competitive Advantage? Neutral Sentiment: CEO Michael Dell’s involvement in Trump Accounts and a pledge to fund accounts for children has increased the company’s visibility, but the initiative is philanthropic and does not directly change Dell’s operating outlook. Michael Dell Defends Trump Accounts Negative Sentiment: Several Silver Lake-affiliated directors sold a combined roughly 127,000 Dell shares for about $73 million on October 6. Multiple transactions reduced their holdings by approximately 68%–72%, creating a near-term supply and confidence overhang, although one seller retained a substantial position. SEC insider-trading filing Negative Sentiment: After a steep AI-driven rally, profit-taking across server stocks—including Dell and Hewlett Packard Enterprise—has encouraged investors to question whether the sector’s momentum can continue. Dell’s elevated valuation makes it more vulnerable to consolidation despite strong earnings and guidance. Profit Taking Unwinds Server Rally Insiders Place Their Bets In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the transaction, the director owned 64,209 shares of the company’s stock, valued at $33,217,884.06. This trade represents a 58.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the sale, the director owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,697,272 shares of company stock valued at $920,162,797. Company insiders own 41.50% of the company’s stock.

(Free Report)

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.

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Donald Trump spent much of 2026 publicly praising Dell, but newly disclosed transactions show investments held in his name were later reduced after the stock’s extraordinary AI-driven rally.

A federal ethics disclosure released Thursday showed one of his independently managed accounts sold between $500,001 and $1 million of Dell Technologies shares on August 21, followed by another $15,001-$50,000 sale on August 28.

The trades came months after Trump repeatedly urged Americans to “go out and buy a Dell computer”.

There is no evidence Trump personally directed either sale. The White House says third-party financial institutions manage his portfolio independently, while the Trump Organization says Trump and his family do not select or approve individual trades.

Trump’s portfolio bought between $1 million and $5 million of Dell shares on February 10. Nine days later, during remarks in Rome, Georgia, he praised Michael and Susan Dell and told the audience to “go out and buy a Dell computer”.

He repeated it at a July 6 White House event linked to Trump Accounts.

However, by August, Dell had become one of 2026’s biggest stock-market winners. The new filing shows the portfolio sold $500,001-$1 million of Dell on August 21 and another $15,001-$50,000 a week later.

That sequence is striking, but it is not evidence of a personally directed trade.

White House spokesperson Davis Ingle told Reuters that “all investment decisions are made entirely by independent managers”.

The relevant contrast is therefore between Trump’s public praise and the activity of outside portfolio managers.

The sales also make more sense against Dell’s share-price move.

Dell closed at $574.55 on Thursday, leaving the stock up about 356% in 2026. That gain reflects a dramatic rerating as AI infrastructure demand transformed expectations for the company’s server business.

Dell’s latest quarter underscored why. The company booked $60.9 billion of AI-server orders, recognised $16.4 billion of AI-server revenue and exited the period with a record $95 billion backlog. Management raised its full-year AI-server revenue forecast to $74 billion.

Yet valuation has become harder to ignore after such a rapid move.

Morgan Stanley analyst Erik Woodring described enterprise hardware spending as “undeniably strong” and said Dell was “clearly out-executing” competitors. Even so, Morgan Stanley kept an Equal Weight rating and a $511 price target.

Also read: Trump bought up to $5M SpaceX debt days before signing new space policy

Mizuho analyst Vijay Rakesh this week raised his Dell target to $650 from $600 and maintained an Outperform rating, arguing that “agentic AI adoption is accelerating”.

The view is that new AI workloads should keep supporting demand for servers and related infrastructure.

TD Cowen is more cautious. Analyst Krish Sankar raised his target to $550 from $500 but kept a Hold rating, highlighting Dell’s $95 billion AI-server backlog while warning that memory constraints could become a risk in 2027.

The broader consensus remains positive, but targets are increasingly clustering around the current share price after this year’s surge.

NEW YORK--(BUSINESS WIRE)--Accenture and Dell Technologies announced a major expansion of their 20+ year collaboration with the formation of the Accenture Dell Business Group.

Dell's AI customer list is exploding and its backlog dwarfs what Wall Street expects, yet analysts have barely moved their price targets. Here is what the numbers actually suggest about where this stock could go by 2027.

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Dell Technologies (NYSE:DELL | DELL Price Prediction) has turned into one of the market’s biggest AI winners, but it still gets less attention than the chipmakers. Shares are up 348.53% year-to-date and 1,048.21% over five years. The driver is a customer base that keeps getting wider.

Dell’s AI infrastructure list passed 6,500 customers, and 3,300 of them signed on in the last three quarters. On Dell’s September 1 earnings call, Jeff Clarke said “IT environments have shifted from cost centers to value drivers that fuel growth and competitive advantage, and customers are investing accordingly.”

So what would it take for Dell to reach $800 by 2027?

Wall Street’s Price Targets Lag Behind Rapidly Rising Estimates The average analyst target is $583.96. That’s only 4% above today’s $559.42. Still, analysts like the stock: 19 rate it a Buy or Strong Buy and none rate it a Sell.

Earnings estimates have rose faster than targets: ninety days ago, analysts expected $18.3732 in fiscal 2027 EPS. Today the figure is $25.8976, a 41% increase. In the last 30 days there were 22 upward revisions and zero cuts.

Management now guides to $192 billion in revenue (up 69%) and $25.50 in non-GAAP EPS (up 148%). Dell has also beaten EPS estimates in five straight quarters, so actual results may land above forecasts again.

Here’s What It Takes for Dell to Reach $800 Dell currently trades at 22x fiscal 2027 estimates. At $800, that multiple would rise to 31x. Against fiscal 2028’s $24.6637 consensus, it would be 32x.

That fiscal 2028 average is pulled down by one outlier estimate of $9.67, while the high estimate is $30.19. A low-30s multiple is a premium, but it’s justified for a company more than doubling its earnings.

The case for Dell reaching $800.

Backlog visibility: Dell booked $60.9 billion in AI orders last quarter and ended it with a $95 billion backlog. Management says the pipeline is still multiples of backlog. Server refresh: Traditional servers and networking grew 122%, and Dell gained more than 10 points of share over two quarters. Its new 18G server can replace 12 to 14 older machines. Storage margins: Storage revenue rose 26%. More of that mix is Dell’s own IP, which has higher margins. Buybacks: Dell returned a record $4.3 billion to shareholders in the quarter. Long runway: Management estimates the AI opportunity could top $1 trillion by 2030. The main challenge is supply: management said demand is running ahead of supply, with DRAM and NAND shortages limiting how much it can ship. A falling market would also make $800 harder to reach.

Dell’s History Says $800 Is Within Reach Getting to $800 requires a 43% gain. Since 2020, Dell has topped that bar in three full calendar years: 51% in 2021, 96% in 2023 and 53% in 2024.

That’s before counting 2026’s run so far. The stock is volatile, though. It fell 27% in 2022 and has a beta of 1.409.

$800 Is a Stretch, but Dell Has the Backlog to Get There Reaching $800 would take a 43% move. Estimates are rose quickly, Dell keeps beating them, and a $95 billion backlog gives unusual visibility.

Should supply improve and servers and storage keep growing, the multiple has room to expand. Dell is one of the best examples of an AI winner that isn’t a chipmaker, and we rounded up seven more infrastructure names riding the same expansion in a free report here. Returns at this level are rare, but this is how Dell could deliver outsized gains in 2027.

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