Dell raises revenue outlook: Dell Technologies stock gains 1.59 percent

Published on 10/02/2026 at 14:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter earnings hit USD 7.04, 41.65 percent above consensus. Dell Technologies stock is EUR 489.43 on October 2, 2026 versus EUR 481.79.

Dell Technologies Inc., US24703L2025, Illustration mit AI erstellt.

Dell Technologies Inc. (ISIN US24703L2025) raised its fiscal 2027 revenue outlook by USD 25.00 billion to USD 192.00 billion, while Dell Technologies stock gained 1.59 percent at Lang & Schwarz on October 2, 2026. Yahoo Finance reported the guidance change on October 1, 2026.

Revenue outlook jumps to USD 192.00 billion

The revised fiscal 2027 revenue guidance represents an increase from USD 167.00 billion, according to Yahoo Finance. Dell also lifted non-GAAP earnings guidance to USD 25.50 per share from USD 17.90 per share, giving the market a second quantified measure of the stronger outlook.

The immediate operating foundation is the second quarter of fiscal 2027. Revenue reached USD 46.97 billion, up 58.00 percent year over year, while adjusted earnings per share came to USD 7.04, 41.65 percent above consensus, Yahoo Finance reported.

AI servers lead the growth mix

Dell's Infrastructure Solutions Group generated USD 31.78 billion in second-quarter revenue, an 89.00 percent year-over-year increase. AI-optimized server revenue doubled to USD 16.40 billion, while AI server orders reached USD 60.90 billion and the backlog stood at USD 95.00 billion, according to Yahoo Finance.

That mix also improved profitability. ISG operating income rose 225.00 percent year over year to USD 4.78 billion, and its operating margin expanded to 15.00 percent from 8.80 percent in the second quarter of the prior year. The figures show why the guidance change is tied to infrastructure demand rather than only broader PC sales.

Stock remains below its yearly high

Analyst coverage remains divided by valuation and growth assumptions. MarketBeat reported on September 21, 2026 that TD Cowen raised its target from USD 450.00 to USD 500.00 while keeping a Hold rating, while Raymond James raised its target from USD 500.00 to USD 617.00 with an Outperform rating. The same report listed a USD 560.24 average target and a Moderate Buy consensus.

Dell Technologies stock was trading at EUR 489.43 at Lang & Schwarz on October 2, 2026 at 2:36 p.m. CEST, up 1.59 percent versus the prior close of EUR 481.79 on October 1, 2026. The primary exchange context was NYSE trading in USD, where a quoted 52-week range extended from USD 110.22 to USD 595.51 as of October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Dell Technologies stock.