NYSE:DVMT - New York Stock Exchange, Inc. -
Wall Street analysts raise price targets on Dell Technologies after Q1 results. Revenue beats, EPS misses. AI server momentum and buybacks offset EBIT outlook cut.
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Several analysts raised their price targets for Dell's stock after its mixed quarterly results, pointing to the strength of its AI server business.
"The proliferation of AI in all aspects of business is increasing the need for our AI security," said CEO Jay Chaudhry in a release.
Dell Technologies' first-quarter fiscal 2026 results reflect strong AI-driven growth and an expanding backlog.
The offer price of $0.85 represents a discount of about 17% from the stock’s closing price on Thursday.
The system slated to launch in 2026 will be built using Dell’s advanced liquid-cooled server architecture and Nvidia’s newly announced Vera Rubin platform.
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