Dell Technologies has become a key supplier in the global AI rollout, with its Infrastructure Solutions Group (ISG) revenue surging 89% year-over-year to $31.8 billion due to strong AI server demand. The Client Solutions Group (CSG) also saw its best commercial growth in over four years. In fiscal Q2 2027, Dell reported record revenue of $47.0 billion and adjusted EPS of $7.04, prompting management to raise full-year guidance to $192 billion in revenue and $25.50 EPS. Despite a 345% rally this year, the stock remains attractively valued under 22 times earnings with a $95 billion backlog and a medium-term price target of $700, though risks remain that could impact future momentum.
Dell Technologies reported record Q2 revenues with a 160% increase in non-GAAP operating income and a 43% earnings per share surprise, driven by strong operational discipline and margin strength. AI server orders surged 988% year-over-year, with back...
Dell Technologies and Hewlett Packard Enterprise shares surged 4% and 8% respectively due to strong demand for AI servers, with Dell reporting a record $95 billion AI order backlog. Both companies face supply bottlenecks, especially in memory chips l...
