Dell Technologies is experiencing strong growth in AI server shipments, with revenues expected to grow ~9% this year, despite challenges in its PC segment. Management has upgraded the company's AI market opportunity to a 22% CAGR, with ISG revenues growing robustly, particularly in Servers & Networking. Dell's PC segment remains a drag, but potential PC refresh cycles in 2025 could alleviate this, supporting overall growth and margin improvements.
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.
In 2024, companies were seizing the AI opportunity and calling workers back to the office. Few big businesses embodied those trends more than PC maker and cloud storage provider Dell.
Zacks.com users have recently been watching Dell Technologies (DELL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Dell Technologies (DELL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
As the tech sector pivots from AI-fueled growth to a broader market recovery, JPMorgan analyst Samik Chatterjee highlights a cyclical rebound powering upside for traditional IT infrastructure and industrial tech.
This has turned out to be a very solid year for artificial intelligence (AI) stocks as companies benefiting from the rapidly growing adoption of this technology have witnessed a solid improvement in their businesses, leading to healthy gains in their share prices as well.
The market has been a real gift for many investors in 2024, with the S&P 500 hitting new all-time highs at the close of 57 different trading days (so far). Entering the gift-giving holiday season, it might be time to think about giving yourself a gift as well by investing for 2025.
The man who founded Dell in a Texas dorm room has transformed his company. It's not just about PCs anymore.
Artificial intelligence (AI) investing covers a broad range of companies, including hardware, software, end users, and many that cover a large part of this spectrum. On the hardware side, Nvidia (NVDA -1.41%) has reigned supreme as the top stock.
Dell Technologies (DELL) may be up a healthy 55% in 2024, but the computer hardware stock has stumbled in December, down 7% month to date. If past is precedent though, shares could be moving back up the charts by the end of the year.
Dell Technologies' (DELL -1.33%) remarkable stock market rally came to a halt after the company released fiscal 2025 third-quarter results (for the three months ended Nov. 1) on Nov. 26, with shares of the technology giant that's known for its personal computer (PC) and server solutions dropping more than 12% in a single day.