By September 26, Dell (NYSE: DELL) appeared to have ended its summertime losing streak and was back on track to regaining the generally strong stock market performance it had enjoyed since going public again in 2018.
Dell has generated big gains since its return to the public markets in 2018. But it's still a slow-growth business that returns most of its cash to investors.
Dell Technologies returned to the S&P 500 Index, but the stock remains undervalued after a significant dip post-Q1 FY2025 earnings miss. Recent Q2 FY2025 results exceeded expectations, with $25 billion revenue and $1.89 EPS, showing strong growth and improved supply availability. Dell's ISG growth is expected to increase due to a higher revenue share, indicating rapid earnings growth and a reasonable price for investors to buy DELL stock.
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Dell Technologies (NYSE:DELL) rejoined the S&P 500 Index on September 24, marking its return after an 11-year absence since going private in 2013. This milestone aligns with the company's 40th anniversary, underscoring its sustained leadership in PCs, data center infrastructure, software, and services.
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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.
Although Michael Dell is best known for being founder, chairman, and CEO of Dell Technologies (NYSE: DELL), the billionaire is also a big investor.
Though Nvidia has been growing at a tremendous pace, investors may be looking for alternative ways to capitalize on the growing adoption of AI. These two companies are on track to take advantage of lucrative AI-focused markets that could help them clock stronger growth and deliver more upside.
Dell Technologies (DELL) and Super Micro Computer (SMCI), or Supermicro, stand to benefit from soaring demand for generative artificial intelligence (AI) servers, according to Mizuho analysts.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Analyst Vijay Rakesh initiated coverage of Dell with an Outperform rating and a $135 price target.