Dell Raises AI Server and Revenue Forecast on Record Results
Shares rose about 8% after Dell posted record results and lifted guidance. The company now expects fiscal 2027 revenue from AI-optimized servers of $74 billion, up from $60 billion, and raised its annual revenue outlook by $25 billion to $192 billion. Adjusted EPS is forecast at $25.50, with third-quarter revenue and EPS also above estimates.
Coverage (5)
- Dell Technologies Reports Record $47 Billion Revenue as AI Demand Drives Growth (techafricanews.com)
- DELL Q2 Deep Dive: AI Infrastructure Demand and Data Center Modernization Drive Results (finance.yahoo.com)
- Dell again lifts forecasts as AI demand powers record results (wtvbam.com)
- Dell again lifts forecasts as AI demand powers record results (reuters.com)
- Dell again lifts forecasts as AI demand powers record results (wkzo.com)