Dell ai stock. 68%) stock after its big gains in recent months.
28. Dell and Samsung are the latest beneficiaries of the current frenzy of speculation surrounding anything AI related, with both vendors seeing a rise in share prices related to their future AI prospects. Apr 11, 2024 · I covered the “Imperium” ads from Adam O’Dell a couple years ago, when they first started running… that ad, which features a photo of a desktop DNA sequencing machine and calls it an “Imperium Machine”, still looks about the same as it did about three years ago, when the ad started running in the Spring of 2021… and we updated our coverage of that a couple times when it was Sep 1, 2023 · Dan Robinson. The stock is 43% higher year to date Mar 1, 2024 · Dell stock skyrockets 30% to hit all-time high as investors cheer on its AI developments. Dell reported a strong earnings report Dell reported a strong earnings report and its stock surged 30% on Friday. 5 billion of AI servers in the last two Mar 14, 2024 · Dell Technologies (NYSE:DELL) Dell knocked one out of the park when it reported its latest quarterly result, sending shares surging around 30% in a day. View real-time DELL stock price and news, along with industry-best analysis. It Could Mean Even More for Nvidia. Mohan set a $180 price target for Dell Technologies Inc (NYSE:DELL), which shows a 33% May 20, 2024 · LAS VEGAS – May 20, 2024 — Dell Technologies (NYSE: DELL) announces the Dell AI Factory to give customers access to the industry’s broadest AI portfolio, from device to data center to cloud 1 and an open ecosystem of technology partners to create AI applications that meet their unique needs, through a traditional purchase or as a Dell APEX subscription. According to multiple Wall Street analysts, Dell was a winner from Tesla's AI server buildout, which May 31, 2024 · Fri, May 31, 2024, 1:12 PM 3 min read. Mar 18, 2024 · New Dell AI Factory with NVIDIA is the industry's first end-to-end AI solution for enterprises spanning workstations, data centers and cloud to supercharge era of generative AI. 88 a share on sales of $23. AI-powered stock picks with a Dell’s stock price fell more than 20% on Friday as investors worried about its not-yet-very-profitable AI servers. It expects the momentum to continue in fiscal 2025, driven by a strong portfolio of AI-optimized solutions and an Nov 7, 2023 · The AI stock gapped up over 21% in huge volume after the company reported its fiscal second-quarter earnings and gave a positive outlook on Aug. Dell's AI Story Is Just Beginning In a client note, UBS analyst David Vogt said Dell's AI server strength should support a Dell earnings show an explosion in AI server demand, but stock extends pullback. Dell stock has outperformed significantly on a YTD basis ahead of its upcoming earnings report. Dell shares shot 5. May 17, 2024 · The main reason for Dell's surge seemed to be that it won the spoils in Tesla's AI server ramp. Earlier in the session, Dell hit an all-time high of 179. Just the revelation that Dell is Oct 18, 2023 · Dell emphasized the expanding impact of AI, especially in domains like workstations and PCs. 3% to close at 121. 8. The stock, which has more than doubled year to date, ended in the Jun 17, 2024 · We recently published a list of the 8 Best AI PC Stocks to Buy Now. 65 per share and between May 20, 2024 · Dell's AI server business has investors fired up about surging demand. It’s not a good time to be selling PCs — Dell has been grappling with sinking demand for the past few years. 40 in recent Tuesday trading. 2% higher to $57. 7 billion, Dell said. Jun 24, 2024 · We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. blazed past expectations for its latest quarter as it continued to benefit from explosive Mar 1, 2024 · That first became apparent six months ago, when Dell reported a strong jump in AI server orders during its fiscal second-quarter report. * Dell’s gross revenue for the past two years is as follows: 2023: Dell’s annual revenue for 2023 was $102. But its stock still shot up 20% in after-hours trading after the Aug 8, 2023 · But his bull case valuation goes to $84, from $81 based on the potential from AI servers. The rapid gains in AI-related stocks are stunning, with bellwether Nvidia up 123. 35 billion in the fiscal 4 days ago · Why Dell's stock had its worst day since 2018 despite strong AI demand. 21. Dell CEO Michael Dell. Since Dell Technologies Inc. DELL. 2% to close at 149. Resize. There is a potential 20% upside assuming 3% growth. ET. Cl C stock information by Barron's. Mar 1, 2024 · Dell surges as AI trends praised by Wall Street. 4%) and Asus (23. Price as of July 10, 2024, 4:00 p. Zacks • 3 days ago. 3 billion, a 1. Complete Dell Technologies Inc. On Thursday, May 30, after the market closes, Wall Street is expecting Dell to post Jul 8, 2024 · Now, let’s fast-forward to June 19. operates in the highly competitive computer technology industry. Updated Feb 29, 2024, 7:04 pm EST / Original Feb 29, 2024, 4:08 pm EST. Create real-time notifications to follow any changes in the live stock price. The growth in artificial intelligence technology is giving the company a boost in sales. 95. Mar 1, 2024 · The stock has tripled over the last 12 months amid investor excitement about the role of servers in an AI-driven purchasing cycle. Shares in Dell were said to be up 8 percent in extended trading following the Round Rock company May 28, 2024 · Dell’s end-to-end AI portfolio spanning client devices, servers, storage, data protection and networking form the foundation of the Dell AI Factory. Late Thursday, Dell said profit, adjusted for one-time items Jun 24, 2024 · We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. fell the most since it returned to the public market in 2018 after its first revenue increase since 2022 wasn’t Mar 1, 2024 · Dell stock is a “low cost way to play AI” as the legacy computing firm rakes in money from its servers powering the red-hot generative AI technology. 22, marking a -1. As of 11:45 a. That’s when Dell Technologies CEO Michael Dell posted on X, “ We’re building a Dell AI factory with @nvidia to power @grok for @xai @elonmusk. Mar 2, 2024 · Dell reported a strong earnings report and its stock surged 30% on Friday. Dell Stock May 30, 2024 · Earnings per share: $1. While Jun 1, 2024 · Dell Technologies stock slid, despite the company reporting better-than-expected earnings and revenue, boosted by surging demand for AI-oriented servers. International Business Machines. That report took the stock up 21% the following day. When the AI revolution began with the Feb 29, 2024 · Dell Stock Soars as Earnings Top Estimates and Demand for AI Servers Surges. MarketWatch May 31, 2024 9:06pm. Phil Rosen. Dell said that the backlog of orders for its AI Sep 9, 2023 · A better AI stock than Nvidia and Super Micro? Investors may be drawn in by Dell's value stock status, especially when measuring it by free cash flow. High demand for AI servers was a significant reason Jun 17, 2024 · We recently published a list of the 8 Best AI PC Stocks to Buy Now. Woodring expressed confidence in Dell's prospects as an AI infrastructure vendor adding that he expected server orders to drive $10 billion in revenues during Feb 29, 2024 · Net Income: Net income increased by 32% YOY to $3. Mar 1, 2024 · AI is fueling excitement from investors. The servers, while boosting sales, came at May 15, 2024 · Dell surges 11% on optimism it has secured big AI server orders. The company said it expected current-quarter earnings of $1. 24 billion vs. On an adjusted basis . Investors might be concerned that it's too late to buy Dell ( DELL -1. Since Dell Technologies Inc (NYSE:DELL) ranks 9th on Jan 4, 2024 · Dell Technologies: A Steady Dividend Play And Potential For AI-Driven Future Growth Jan. Adam says this company is trading for just $10 a share and has inked a close partnership deal with OpenAI, making it a backdoor way to profit from the privately held company. This comparison, powered by AI, can help you understand which stock is a better buy right now. Shares of computing company Dell Technologies ( DELL 0. Dell earnings show fervent AI demand, but margin talk sends stock sliding. 5 billion and demand is growing. Shipments of AI-optimized servers were up more than 100% sequentially to $1. Analysts were looking for earnings of $1. Dell Technologies Inc. Fri 1 Sep 2023 // 16:36 UTC. Dell shares rose 11% on Wednesday to an all-time high after Morgan Stanley predicted the company would rake in sales from the Mar 13, 2024 · Dell Technologies (DELL 1. 6% in during trading on Friday as high demand for its artificial intelligence-optimized servers May 15, 2024 · On the stock market today, Dell stock surged 11. Overall net income increased 65% to $955 million, or $1. 68%) stock after its big gains in recent months. High demand for AI servers was a Mar 1, 2024 · Dell Technologies' surge following an earnings call heavy on the high demand behind its AI servers has prompted a spike in chip stocks heading into the weekend. Feb 15, 2024 · Dell currently trades undervalued based on a DCF calculation. 32 a share. 78 this year as companies have rushed to roll out AI services, which has boosted demand for Dell’s AI servers. This makes the stock an attractive pick Dell Technologies beat analysts’ earnings expectations in its fourth-quarter results, driven by demand for AI optimization in its server business that sent the stock surging almost 25% Friday Sep 1, 2023 · Shares of Dell jumped Friday, closing 21% higher. $1. 13. Dell shipped $800 million in AI-optimized servers in the Jan 8, 2024 · Shares of Dell Technologies Inc (NYSE:DELL) climbed in premarket trading on Monday, Jan. Bank of America raised its price target for Dell Technologies Inc. 82 after paring some gains in the afternoon and were on track to add $6. There's a dividend currently yielding nearly Nov 2, 2023 · AI’s big opportunity goes beyond the cloud. 70 billion. Demonstrating this upward trend is Dell's PowerEdge XE9680, an AI-enhanced solution. Earlier in the session, it notched an all-time high of 150. 09% increase from 2022. In a research note Thursday May 29, 2024 · Wed, May 29, 2024, 6:55 AM 1 min read. 9 billion during the company’s fiscal fourth quarter, which ended January Jun 14, 2024 · The analyst believes we are still in the early stages of AI adoption and expects momentum around AI servers. 4 billion in revenue in fiscal 2024, down 14% Dell has greater exposure to the commercial PC market than peers, which benefits average selling prices. By comparison, Supermicro's forward P/E is 27 while the S&P 500's Jun 20, 2024 · Dell said AI server sales rose 42% year-over-year to $5. Share. ” If the partnership with Nvidia progresses, DELL stock could be among this year’s AI breakouts. 7%). 27 adjusted vs. (NYSE:DELL) ranks 5th in the list, it deserves a deeper look. They might also think about taking a share position in Super Micro Computer if the price comes down 20% or 30%. Dell Chief Operating Officer Jeff Clarke said the backlog for orders for the company’s AI servers nearly doubled to $2. Just May 20, 2024 · Full story Dell Technologies (NYSE: DELL) announces the Dell AI Factory to give customers access to the industry's broadest AI portfolio, from device to data center to cloud 1 and an open May 24, 2024 · Dell shares rose 6% to $162. "Dell's AI business showed strong progress on key May 16, 2024 · On Wednesday, Morgan Stanley analyst Erik Woodring revised his price target for Dell from $128 per share to $152 calling it a top pick, according to a research note obtained by CNBC. 195 billion. It’s official. 64 billion estimated. Mar 1, 2024, 12:26 PM PST. Jul 2, 2024 · Dell vs IBM Dell vs IBM: Stock comparison by Artificial Intelligence. ET, Dell stock was up about 27% and hitting a new all-time high since it became a publicly traded company again in 2018. Cash Flow: Cash flow from Jun 29, 2024 · With its most recent financial results, Dell reported that shipments of its AI-optimized servers rose more than 100% sequentially to $1. The PC-maker on Thursday said its bottom line Apr 11, 2024 · Acer ( ACEYY) While less involved, Acer is incorporating AI to improve battery life and device performance. Analysts have been adjusting their price targets on the company's shares as the AI angle comes into focus. 31. Investors continue to cheer on AI-related May 29, 2024 · Analysts have been adjusting their price targets on the company's shares as the AI angle comes into focus. 78. 172. Shares of veteran computer maker Dell Mar 1, 2024 · Dell’s AI Surprise Sent the Stock Soaring. Shares of Dell hovered at $122. 52 before trading closed, a record high. Street-beating quarterly per-share earnings and revenue, reported Thursday night, helped, but enthusiasm about the outlook for AI-related business On the stock market today, Dell stock retreated 2. 9% to close at 179. 6 billion to its market value. 4%) than Dell (27. Apr 30, 2024 · On the other hand, the second-largest PC maker HP Inc even has a lower % of AI PCs (14. Since Dell Technologies Inc (NYSE:DELL) ranks 9th on Mar 29, 2024 · Dell said its backlog of AI servers has reached $2. has seen the future of computing, and it increasingly is AI instead of PC. Its threat to Dell is mainly in the consumer electronics market. Dell’s management team reported shipping $1. SAN JOSE, Calif Apr 21, 2024 · The AI hype underpins Dell's thesis, but investors must question whether it has reached a peak. +2. Consider Dell stock if you like investing in underdogs with Mar 13, 2024 · Dell Technologies DELL stock has been staging a monster rally, riding the coattails of investor enthusiasm for technology stocks that stand to benefit from excitement for artificial intelligence May 30, 2024 · For the current quarter, Dell predicted adjusted earnings of $1. Subscribe To Newsletters. Read more here. But analysts at major investing firms maintained confidence in the company’s Instead, investors ought to consider buying Dell stock today. Mar 14, 2024 · Dell Technologies ( DELL ) stock has been staging a monster rally, riding the coattails of investor enthusiasm for technology stocks that stand to benefit from excitement for artificial intelligence. 44%) stock is red hot -- not because PC demand is growing, but because investors have decided that Dell is now an artificial intelligence (AI) stock, a realization that Jun 13, 2024 · In late May, BofA Securities upped its price target on Dell stock to $180 from $130, citing strong momentum into 2025 on improving demand for the company's artificial intelligence (AI) servers and Oct 6, 2023 · Raymond James analyst Simon Leopold had an Outperform rating on Dell with a price target of $68. The Round Rock, Texas-based company is poised to gain from the “AI-driven compute investment cycle Jun 26, 2024 · Mordor Intelligence estimates that the cloud AI market could grow from an estimated revenue of $67 billion this year to $275 billion in 2029. . March 01, 2024, 4:22 pm EST. Eastern time, more than seven times the stock's 30-day average trading volume. Dell is well-positioned to capitalize on the growing demand for AI-driven tools Mar 1, 2024 · More than 31 million Dell shares had changed hands as of 10:40 a. Dell said its backlog of AI These developments highlight Dell’s commitment to integrating AI into their products and services, and their close collaboration with Microsoft in this endeavor. Additionally, Acer has the lowest % of AI PCs in its product 2 days ago · Dell Technologies (DELL) stock has the potential to significantly outperform next year because of “multiple catalysts,” including artificial intelligence (AI) demand, according Bank of America analyst Dell's stock has slumped since earnings. 46%) skyrocketed on Friday after the company reported completed financial results for its fiscal Mar 14, 2024 · Dell Technologies ()Dell knocked one out of the park when it reported its latest quarterly result, sending shares surging around 30% in a day. 77. By Eric J. (DELL) Stock 5 Comments 1 Like Albert Anthony Feb 29, 2024 · Dell Technologies Inc. Apr 6, 2024 · So Dell has two lucrative AI-related catalysts that are likely to help it return to growth from the current fiscal year. 42%) is one of them. 16. On Thursday, May 30, after the market closes, Wall Street is expecting Dell to post Apr 21, 2024 · Current Price. Dell. When the AI revolution began with the 5 days ago · Is now a good time to buy Dell Stock? At the time of this writing, Dell trades at a forward price-to-earnings (P/E) ratio of 18. Shares of Dell have more Dell’s stock has nearly doubled in value to $147. The company delivered $88. 10. Analyst Amit Daryanani increased his price target on Dell to $165 from $140, which represents an 11% increase from the stock’s closing price on Wednesday of $149. Compare DELL and IBM stocks to check their AI scores, past performance, fundamental, technical and sentiment indicators, alpha signals, key stock metrics, price, and more. Investors continue to cheer on AI-related Dell Technologies Inc. 26 estimated. 04, 2024 4:51 PM ET Dell Technologies Inc. 9 billion at the end of Mar 1, 2024 · Dell Technologies stock rallied after artificial intelligence-related demand helped the PC maker report a big jump in profit. Jun 24, 2024 · Dell has shipped more than $3 billion of AI servers over the last three quarters. (NYSE:DELL) from $130 to $180, driven by strong AI momentum and new product launches Mar 1, 2024 · AI is fueling excitement from investors. +1. 9% (31% in the past month alone), which follows a 93. 's stock price is still positive, over 80% in a five-year timeframe. Why BofA sees a 30% gain ahead. Why Dell and HP Inc. Dell Technologies ( NYSE: DELL) shares surged 31. Oracle management forecasts double-digit revenue Jul 8, 2024 · That’s when Dell Technologies CEO Michael Dell posted on X, “ We’re building a Dell AI factory with @nvidia to power @grok for @xai @elonmusk. $21. Its state-of-the-art AI data models rival that of the biggest AI companies, but it's a fraction of their size. Big Earnings Beat For Dell Stock May 31, 2024 · The stock is up 122% year-to-date and 259% over the last 12 months. 2 days ago · Despite these issues, Dell Technologies Inc. May 26, 2024 · The proliferation of artificial intelligence (AI) has given shares of many companies a big lift in the past year or so, and Dell Technologies (DELL-0. Dell's Infrastructure Solutions Group (ISG) growth target increased. By Tae Kim. 16% jumped 19% in extended trading Thursday after the company put up View today's Dell Technologies Inc stock price and latest DELL news and analysis. $145. 23%. 8 billion from $2. Revenue: $22. could be big beneficiaries of the AI revolution. 8% gain in 2023. Samsung ( SSNLF) It has Jun 20, 2024 · Dell said AI server sales rose 42% year-over-year to $5. Reprints Mar 1, 2024 · Dell Technologies reported a double-digit increase in adjusted net income for the fourth quarter as demand for its AI-optimized servers heated up. (Bloomberg) -- Dell Technologies Inc. At the same time, the Client 5 days ago · DELL Revenue (Quarterly) data by YCharts AI could unlock a new chapter for Dell. 70 — its fourth record high in as many trading sessions. Sellers have rejected DELL's buying momentum above the $130 level, suggesting profit-taking is underway. 9 billion compared with $800 million two quarters ago. shares have lost about 20% since the Mar 1, 2024 · More than 31 million Dell shares had changed hands as of 10:40 a. m. Apr 7, 2024 · $10 Stock Is A Backdoor Way to Profit from OpenAI. Its backlog of orders for AI servers jumped 30% to $3. Demand for AI servers isn’t Jul 8, 2024 · Is Dell Technologies (NYSE:DELL) a dinosaur in 2024? Not anymore! The company is transforming into an AI server infrastructure provider. Reprints. Savitz. 1% YTD and DELL competitor in AI servers, Super Feb 29, 2024 · New York CNN —. So far in 2024, Dell’s stock price has risen 48. Earnings Per Share: Diluted EPS rose by 35% to $4. 36, while non-GAAP diluted EPS decreased by 6% to $7. 65 a share on sales of $24 billion. 68% move from the previous day. Dell’s stock DELL, -2. 's stock has also outperformed the broader market, with the S&P 500 increasing by approximately 60% over the same period. IBM. Dell leaps to record high on demand for AI servers Dell Technologies stock has spiked to record highs as the PC and enterprise hardware company’s shares catch a wave from the market’s enthusiasm for artificial-intelligence hardware plays In the latest trading session, Dell Technologies (DELL) closed at $137. In a client note, Woodring said Dell is benefiting from AI May 29, 2024 · On the stock market today, Dell stock jumped 7. Looking at the financial statements alone won't help much when trying to assess the overall health of a business. ”. yt on wp rc id dj ur uu ze jr
