Dell Stock Surpasses Triple Growth in 2026 Amid AI Demand; Analysts See Further Upside
Dell Technologies has seen its stock price rise by over 238% year-to-date as of 2026, driven largely by strong demand for hardware tied to artificial intelligence infrastructure. Two major analysts from Citi and Bank of America have upgraded their price targets on Dell's shares to $600 each, implying a potential upside of around 41%. Both banks maintain 'buy' ratings on the stock. The company reported better-than-expected fiscal second-quarter results and raised its full-year guidance for both revenue and adjusted earnings per share. Specifically, it now expects $25.50 in EPS with $192 billion in revenue by end of 2027 — significantly above analyst expectations. Dell also increased its projected AI server revenue to $74 billion. Analysts highlighted that component constraints and customer data center readiness are extending visibility for the company, while a broad product portfolio positions it well across various AI-driven sectors including NeoClouds, Enterprise, Sovereign, and edge computing.
Topics: AI infrastructure analyst ratings hardware demand stock performance