Naughty Flicks

Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuDell Technologies ‘ latest quarterly report shows that it is still benefiting from outsized hardware demand tied to the artificial intelligence infrastructure buildout. And the stock still has room to run, despite having already tripled in 2026, two analysts said. Citi and Bank of America have a buy rating on the hardware name. The banks also raised their price targets on shares to $600, implying 41% upside from Tuesday’s close. Citi raised its price target for Dell from $515. Bank of America previously had a $505 target on the company’s shares. “Component constraints…and customer data center readiness are contributing to longer visibility,” Bank of America analyst Wamsi Mohan said. “With a broad portfolio that benefits from AI (Servers, storage and PCs), we view DELL as solidly positioned to take advantage of AI upside in NeoClouds, Enterprise, Sovereign and at the edge.” Shares of Dell have gained 238% year to date as the hardware firm has benefited from sky-high demand for its products due to widening artificial intelligence adoption. DELL YTD mountain Shares are up 238% in 2026. The stock continued to climb on Tuesday, with shares gaining 9% at one point in extended trading after Dell reported better-than-expected financial results for the fiscal second quarter . The company also raised its full-year guidance, inspiring confidence in its stock. The computer maker said that it now expects adjusted earnings of $25.50 per share on $192 billion in revenue by the end of fiscal 2027. That’s well above the $18.92 earnings per share on $172.67 billion in revenue expected by analysts, per LSEG. As part of its forward guidance revision, Dell raised its expected AI server revenue to $74 billion for fiscal 2027 — a fact that bodes well for its business and stock, according to Bank of America. “We see the setup into [2027] as favorable given the supply constrained environment and the benefits to [revenue] from agentic AI adoption across NeoClouds and Enterprise,” Mohan wrote. Citi analyst Asiya Merchant said in her note dated Wednesday that it’s also worth noting that “broad portfolio, engineering, deployment expertise, financing availability and supply-chain scale are driving share gains” for Dell. Citi and Bank of America’s calls fall in line with consensus on Wall Street. Of the 28 analysts covering Dell Technologies, 20 have a buy or strong buy rating on the stock, LSEG data shows.Read More