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Home/News Feed/Dell shares hit record high on strong AI-driven growth and raised 2027 outlook
DELL
$561.01
-$15.15 -2.63%

Dell shares hit record high on strong AI-driven growth and raised 2027 outlook

Analyst Insights
12 Sep 2026
Finbold
View Source
Bullish
Dell shares hit record high on strong AI-driven growth and raised 2027 outlook

Dell Technologies shares surged nearly 12% to a record $567 after reporting a 58% revenue increase and a 203% jump in earnings per share for Q3 2026. The company saw massive demand in its AI infrastructure segment, with $60.9 billion in AI server orders and a $95 billion backlog. Dell raised its full-year 2027 revenue forecast to $192 billion, expecting AI server revenue to nearly triple. Wall Street analysts remain bullish, with an average price target of $597.53 and many rating the stock a 'Buy,' citing Dell's strong position in the growing AI market and supply chain advantages.

More News (DELL)

Dell's AI business booms with a $95B backlog, pushing shares up 348% YTD and eyeing $800 by 2027.

Dell's AI business booms with a $95B backlog, pushing shares up 348% YTD and eyeing $800 by 2027.

Dell Technologies has seen its AI customer base surge to over 6,500, with a $95 billion backlog and $60.9 billion in recent AI orders, fueling a 348% share price increase this year. Analysts have raised earnings estimates significantly, but price tar...

Market News
Bullish
4 days ago
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