Dell Technologies (DELL) reported a record revenue of $47.0 billion for the quarter, reflecting a 58% year-over-year increase. The company raised its FY27 revenue guidance by $25 billion to $192 billion, forecasting nearly 70% growth compared to FY26. Adjusted earnings per share (EPS) soared over 200% to $7.04, exceeding the Zacks Consensus estimate by 40%.
In its Infrastructure Solutions Group, total segment sales rose 89% year-over-year to $31.8 billion, with AI-optimized servers and other categories achieving record revenues. Dell generated a record $60.9 billion in AI server orders during the quarter, resulting in a $95 billion backlog, which ensures strong future revenue visibility.
With a Zacks Rank of #1 (Strong Buy), Dell continues to be a favored choice for investors targeting AI-related exposure, driven by robust demand and positive earnings outlooks.
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