Dell forecast fourth-quarter revenue and profit above Wall Street estimates on Tuesday, as increasing investments in data centers to support artificial intelligence applications boost demand for its servers.
Dell reported fiscal third-quarter earnings on Tuesday that missed Wall Street expectations for revenue. But the company said it would have a big fourth quarter driven by $9.4 billion in AI sales.
Key Takeaways
This Thanksgiving week will bring some September economic data, as well as earnings from Best Buy, Smucker, Zscaler, and more.
This trading week is—Thankfully—shorter than usual. But there's still work to do.
Dell Technologies Inc. remains a Strong Buy with a raised 12-month price target of $160, reflecting 30% upside potential. Strong FQ2 2026 results delivered double-digit top and bottom-line growth, beating analyst expectations despite a post-earnings DELL stock pullback. DELL is well-positioned for AI and cloud growth, supported by partnerships with Nvidia and Hive Digital to expand AI infrastructure.
Dell Technologies' Q3 results are likely to benefit from solid AI-server momentum and double-digit growth forecasts despite market headwinds.
Get a deeper insight into the potential performance of Dell Technologies (DELL) for the quarter ended October 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
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DELL's soaring AI server shipments, expanding backlog and upgraded AI Factory offerings underscore its accelerating growth in the AI market.
Dell has successfully transformed from a legacy PC maker into a critical enterprise AI hardware enabler, driving structurally higher growth for the company. Management has nearly doubled its long-term annual revenue growth target to 7-9%, fueled by a massive surge in AI server demand. Despite strong AI-driven prospects, DELL trades at legacy PC maker valuations, presenting over 60% upside if repriced at higher multiples.
Dell Technologies (DELL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.