Dell Stock Jumps 30% On Heady AI Data Center Sales
Dell reported a strong fiscal first‑quarter driven by robust AI data‑center hardware sales, beating Wall Street expectations and raising its outlook. The earnings release caused Dell’s shares to surge about 30% in after‑hours trading. Several analysts subsequently lifted their price targets on the stock.
- ▪Dell’s fiscal first‑quarter revenue and earnings surpassed consensus estimates, propelled by high demand for AI‑focused servers and storage solutions.
- ▪The company issued an upgraded outlook that anticipates continued growth in its AI data‑center segment.
- ▪Dell’s share price jumped roughly 30% (about 33%) following the earnings announcement.
- ▪At least 15 Wall Street analysts raised their price targets for Dell stock.
- ▪The results underscore Dell’s strategic shift toward AI infrastructure and data‑center products.
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Technology Dell Stock Jumps 33% On Heady AI Data Center Sales Licensing PATRICK SEITZ Updated 04:30 PM ET 05/29/2026 Dell Technologies (DELL) shocked Wall Street with a massive beat-and-raise quarterly report fueled by robust sales of computer hardware for AI data centers. Dell stock soared on Friday. The Round Rock, Texas-based company late Thursday demolished consensus estimates for its fiscal first quarter and with its outlook. At least 15 Wall Street analysts raised their price targets on Dell stock……
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