Bank of America forecasts Dell Technologies will exceed Wall Street expectations for Q1 revenue and earnings, driven by strong demand for AI servers and better-than-expected PC sales. The firm raised its price target to $280 and expects Dell to issue strong Q2 guidance, with revenue projected between $37 billion and $40 billion. For the full fiscal year, Dell's revenue outlook is raised to $143-$147 billion, with adjusted earnings per share expected between $12.85 and $13.25. Despite strong first-half performance, analysts caution that enterprise infrastructure spending may slow in the second half due to pricing pressures.
Dell Technologies shares rose sharply as analysts anticipate the company's fiscal first-quarter earnings report on May 28 to surpass Wall Street expectations. The positive sentiment is driven by hopes that Dell will raise its full-year financial guid...
Dell Technologies shares surged 15% amid a broad rally in AI server stocks, driven by expectations of a strong fiscal Q1 2027 earnings report on May 28. Analysts predict Dell will beat revenue and EPS estimates and raise full-year guidance, supported...
Carahsoft Canada Inc. and over 10 technology partners will exhibit advanced defense and security solutions at CANSEC 2026, Canada's premier defense event held May 27-28 in Ottawa. The event gathers military, government, and industry leaders to explor...
Bank of America forecasts Dell Technologies will surpass Wall Street expectations in its upcoming Q1 report, driven by strong demand for AI servers and better-than-expected PC sales. The brokerage raised its price target to $280 and anticipates Dell ...
Shares of Super Micro Computer rose 7% on May 20, outperforming peers Dell and Hewlett Packard Enterprise in daily trading due to improving sentiment after company-specific challenges like delayed filings and auditor changes. Despite the bounce, SMCI...
