The server maker says it's broadening its AI business to include more from neocloud, sovereign and enterprise customers
The Round Rock, Texas, technology company said it expects full-year revenue to be $111.2 billion to $112.2 billion, up from a prior range of $105 billion to $109 billion.
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.