Dell Technologies Reports Strong Q2 Earnings Amid Trump Endorsement
Dell Technologies Inc. (NYSE: DELL) reported record second-quarter earnings for fiscal year 2027, with revenue reaching $46.97 billion and EPS of $7.04—both well above analyst expectations. The results were driven by strong demand in AI servers and enterprise services. This marks Dell's tenth consecutive quarterly earnings beat out of the past eleven quarters. The stock has surged over 490% since April 2025, partly due to public endorsements from President Donald Trump, who also holds a personal stake in the company. Institutional investors have added $92.48 billion into Dell shares over the last year, and multiple Wall Street analysts raised their price targets following this earnings report. Dell's performance has been bolstered by its expanding role as a government contractor, including a recent $9.7 billion contract with U.S. military agencies. The company also announced an increase in full-year revenue guidance to between $192 billion and $202 billion.
Tickers: $DELL
Topics: Dell Technologies Earnings Report Political Influence Stock Performance