Dell Technologies surged38% in New York premarket tradingafter delivering a major earnings beat and issuing a stronger-than-expected annual sales forecast, fueled by explosive demand for AI servers that continues to reshape the hardware sector.
Earnings results reinforce Dell's position as a direct beneficiary of theAI infrastructure buildout, as hyperscaler capex accelerates toward anestimated $800 billion this yearand demand for compute-heavy server infrastructure remains robust.
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Dell now expects fiscal 2027 revenue of$165 billion to $169 billion, far above its prior forecast of$138 billion to $142 billionand Bloomberg consensus of$142.1 billion. Adjusted earnings are now projected at$17.65 to $18.15 a share, versus the prior view of$12.65 to $13.15.
Sees revenue $165 billion to $169 billion, saw $138 billion to $142 billion, Bloomberg Consensus estimate of $142.12 billion
Sees adjusted EPS $17.65 to $18.15, saw $12.65 to $13.15, estimate $13.14
Sees AI Server revenue $60 billion
Sees revenue $44 billion to $45 billion, estimate $35.06 billion
Sees AI Server revenue about $15.5 billion
Sees adjusted EPS $4.70 to $4.90, estimate $3.05
Source: ZeroHedge News
