]The S&P 500 technology sector had a strong September, delivering a return of approximately 5.1%. Notably, among all 11 sectors, tech was the only one to register a positive performance during the month.
Dell's 32% three-month surge is backed by record AI server demand, a $95B backlog, stronger profitability and sharply raised fiscal 2027 guidance.
Dell remains a strong buy, driven by surging AI server demand, robust financials, and a significant guidance raise. Q2 results showed record revenues, 160% non-GAAP operating income growth, and a 43% EPS surprise, highlighting margin strength and operational discipline. AI server orders and backlog soared—orders up 988% and backlog up 712% YoY—underscoring persistent demand outstripping supply.
Server hardware is drawing a concentrated bid, with two enterprise infrastructure makers rising together on artificial intelligence demand.
Dell Technologies (DELL) reported earnings 30 days ago. What's next for the stock?
NVIDIA, Palantir and Dell are expanding AI infrastructure and data tools as Big Data demand grows across industries.
DELL's AI server demand, PWR's backlog and FPS' data center growth fuel momentum into October.
Susquehanna has reiterated its Positive rating on Dell Technologies (NYSE: DELL) and maintained a $700 price target.
Artificial intelligence (AI) server hardware is giving back a powerful run in one sharp reversal, and Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) is leading the retreat. Super Micro Computer stock is down 5% to $41.
Morgan Stanley just raised the odds it assigns to its $756 bull-case scenario for Dell Technologies (NYSE:DELL | DELL Price Prediction), and buyers are responding in force. Dell stock is up 7% to $573.
Notable insiders at the company, including its chief financial officer, unloaded millions of dollars worth of Dell stock.
September is a historically weak month for stocks, and 2026 is doing nothing to shake that reputation. But, as is always the case, there are several stocks that are positive for the month.