**Dell Technologies Reports Strong Financial Performance Amid AI Demand**
Dell Technologies Inc. (DELL) shares closed at $241.99 on May 15, just below its 52-week high of $263.99 reached on May 8. The stock has surged 92.2% year-to-date, outperforming Apple (10.4%), Super Micro Computer (6%), and Hewlett Packard Enterprise (37.8%). Despite a recent dip of 8.3% due to profit-taking and growth concerns, Dell’s AI infrastructure demand remains robust, with fiscal 2026 showing over $64 billion in AI-optimized server orders and a $43 billion record backlog.
For fiscal 2027, Dell projects revenues between $138 billion and $142 billion—23% growth from the previous year—alongside non-GAAP earnings expectations of $12.90 per share. The company anticipates first-quarter fiscal 2027 revenues of $34.7 billion to $35.7 billion, marking a 51% year-over-year increase. Strong liquidity is apparent with over $11 billion in operating cash flow and $13.3 billion in cash and investments, enabling continued investment in AI infrastructure and shareholder returns through $7.5 billion in dividends and share repurchases in fiscal 2026.
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