Dell Technologies Inc. (DELL)
5 Things to Know Before the Stock Market Opens
Investors are watching for key July inflation data, shares of Dell (DELL) and MongoDB (MDB) are rising in pre-market trading on their better-than-expected quarterly results, and Intel (INTC) is gaining after a report the chipmaker is considering splitting off its foundry business. Here's what investors need to know today.
Dell shares jump as AI server demand boosts results, forecasts
Shares of Dell Technologies rose 6% in premarket trading on Friday, after robust demand for its artificial intelligence-powered servers propelled the company to raise its full-year earnings and revenue forecasts.
Artificial Intelligence (AI) Stocks Are Soaring in Price. Here Are 2 Bargains.
Many AI stocks have skyrocketed recently, but some top-notch options remain modestly priced. Dell has a growing backlog of unfilled AI orders, currently worth $3.8 billion.
Dell's server business reaches new record in sales
Texas-headquartered technology company Dell Inc. (NASDAQ:DELL) hit a new sales record in its Infrastructure Solutions Group (ISG), comprising server, storage and networking hardware, in the second quarter. Total ISG revenue came to $11.6 billion, up a stellar 38% year on year, thanks to soaring global data infrastructure demand.
Dell Q2: AI Servers Will Likely Represent 15% Of Revenue Soon, Upgrade To 'Strong Buy'
Upgraded Dell to 'Strong Buy' with a one-year target price of $190, driven by rapid growth in AI-optimized servers and networking portfolio. Dell's AI server revenue surged to 12.4% of total revenue, with a record $3.8 billion backlog, highlighting strong growth potential. Anticipate 14% revenue growth in FY24, primarily from AI servers, with normalized revenue growth projected at 9.3% from FY25 onwards.
Dell Technologies Inc. (DELL) Q2 2025 Earnings Call Transcript
Dell Technologies Inc. (NYSE:DELL ) Q2 2025 Earnings Conference Call August 29, 2024 4:30 PM ET Company Participants Rob Williams - Head, IR Jeff Clarke - Vice Chairman and COO Yvonne McGill - CFO Tyler Johnson - Senior VP and Treasurer Conference Call Participants Amit Daryanani - Evercore Ben Reitzes - Melius Research Erik Woodring - Morgan Stanley Toni Sacconaghi - Bernstein Asiya Merchant - Citi Samik Chatterjee - JPMorgan Michael Ng - Goldman Sachs Wamsi Mohan - Bank of America Aaron Rakers - Wells Fargo David Vogt - UBS Simon Leopold - Raymond James Steven Fox - Fox Advisors Operator Good afternoon, and welcome to the Fiscal Year 2025 Second Quarter Financial Results Conference Call for Dell Technologies, Inc. I'd like to inform all participants this call is being recorded at the request of Dell Technologies. This broadcast is the copyrighted property of Dell Technologies, Inc. Any rebroadcasting of this information in whole or part without the prior written permission of Dell Technologies is prohibited.
Dell Technologies (DELL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Dell Technologies (DELL) give insight into how the company performed in the quarter ended July 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Dell Technologies (DELL) Q2 Earnings and Revenues Top Estimates
Dell Technologies (DELL) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.74 per share a year ago.
Dell Stock Rises After Company Reports Stronger-Than Expected Earnings, AI Server Surge
Dell Technologies (DELL) shares jumped after the bell Thursday following second-quarter revenue that cleared analysts' expectations on the strength of artificial intelligence (AI) sales.
Dell Stock Rises on Strong Earnings. AI Server Demand Is Booming.
Dell Technologies posted better-than-expected results for its July quarter, boosted by strong demand for its servers powered by artificial intelligence.
Dell beats estimates as server sales soar 80%, riding AI wave
Dell has emerged as a top vendor for AI-oriented servers, especially those based around Nvidia chips. Demand has skyrocketed from a handful of businesses and cloud providers that are investing billions in developing next-generation AI.
Dell beats second-quarter revenue estimates on strong AI server demand
Dell Technologies beat Wall Street estimates for second-quarter revenue on Thursday, driven by strong demand for its AI-powered servers amid a recovering personal computer market.
