Dell Technologies (DELL) is gaining renewed interest on Wall Street as leading analysts increase their price forecasts before its next Q2 earnings report scheduled for August 28. In general, analysts remain optimistic because of robust demand for AI server infrastructure and business services. At the same time, shareholders are carefully observing whether the firm can achieve yet another period of strong expansion.
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Analysts expect Dell will announce profits of $2.29 per share Revenue of $29.02 billion for the next quarter, as projected by market expectations. This is higher than the earnings of $1.89 per share on sales of $25 billion during the corresponding period last year.
Wall Street Still Optimistic About DELL Shares Wall Street Continues to Favor DELL Stock Dell Stock Maintains Positive Outlook from Wall Street Investors on Wall Street Keep Confidence in Dell Stocks Dell’s Share Price Supported by Continued Bulls on Wall Street Wall Street Investors Remain Confident in Dell's Performance Positive Sentiment Towards Dell Stock Persists Among Wall Street Analysts Despite Market Fluctuations, Wall Street Stays Bullish on Dell Dell Stock Receives Ongoing Support From Wall Street Experts Analysts on Wall Street Continue to Back Dell's Growth Prospects
Before the Q2 publication, analysts Erik Woodring Morgan Stanley increased its price estimate for DELL shares from $135 to $144, maintaining its Buy recommendation. Woodring noted that Dell remains the leading original equipment manufacturer (OEM) in AI computing and is gaining additional contracts while enhancing its standing in enterprise storage. Additionally, he mentioned that Dell's cost-reduction initiatives may drive earnings per share growth exceeding 10% annually over the next three years, surpassing the company's internal objective of achieving at least 8% annual increase.
Likewise, five-star-rated analyst Amit Daryanani From Evercore ISI elevated him From Evercore ISI promoted him From Evercore ISI moved him up From Evercore ISI advanced his position From Evercore ISI gave him a boost From Evercore ISI increased his status From Evercore ISI enhanced his standing From Evercore ISI propelled him forward From Evercore ISI boosted his career From Evercore ISI improved his prospects target price range of $150 to $160 With a Buy rating, Daryanani noted that supply chain evaluations indicate Dell's AI server sales might exceed expectations up to fiscal year 2026. He mentioned that rather than the present projection of slightly above $15 billion, Dell's AI server income could range from $17 billion to $20 billion for the year.
Similarly, Mizuho’s top-rated analyst Vijay Rakesh increased his price forecast for the stock to $160, compared to $150 previously.
Should I Invest in Dell Shares Right Now?
According to , DELL stock has been rated as a Moderate Buy, with 11 positive recommendations and four neutral ratings given over the past three months. The average Dell share price target amounts to $143.67, indicating a possible increase of 10% from today's value.
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