Dell Earning in Focus; New High ahead of Thursday Q1 Report
Dell is set to report on earnings this week and could see their stock climb much higher as a result despite their record high price now.
Quick overview
- Dell is set to report its first fiscal quarter earnings for 2027, with stock already at a record high of $304 per share.
- Analysts expect Dell to achieve around 50% revenue growth, potentially reporting $35 billion for the quarter.
- Investment banks are bullish on Dell, predicting an earnings per share of approximately $2.95, double that of the previous year.
- Dell's growth is largely driven by its expanding AI server sector, positioning it favorably compared to other tech companies facing challenges.
On Thursday, Dell (DELL) will be reporting earnings for the first fiscal quarter of 2027, and their stock is already at a record high of $304 per share and up 3% from the previous day.
Dell is preparing to report on quarterly earnings this week, and their numbers could spark a further tech rally. Their stock is already up by more than 130% for the year so far and could climb even higher after Thursday’s earnings call.
The stock could jump high even after last week’s historic increase of 17% in a single day once analysts upgraded the company’s stock price target. Investors anticipate an incredible revenue and earnings per share report for the company thanks to its tremendous year-to-date growth.
What Wall Street Expects from Dell Earnings
Wall Street has already announced very positive expectations for Dell’s earnings, estimating around 50% revenue growth from the previous year. That would mean the company could report revenue of around $35 billion for the quarter. Analysts also believe that the stock could move up by about 12% after the earnings call.
Investment banks say that Dell is a Buy, with JPMorgan Chase and Wells Fargo estimating further growth from the company very soon. They predict an EPS (earnings per share) of around $2.95. If that holds true, then it would be about twice what the company did last year for the same Q1 period.
Where is Dell’s massive revenue coming from? The company has been growing their AI server sector exponentially, and that will be the area of focus for investors to determine if the company has potential for excellent growth through the next quarter.
Investors are bullish on Dell stock for now, expecting it to do well even when several other tech giants have seen their stock drop despite excellent earnings. The problem most of those companies faced is extraordinary capex spending. Dell may be able to overcome the scrutiny that other companies face since their capital expenditures over the last 12 months have been around $2.63 billion. As high as that is, it is only a fraction of their quarterly revenue estimates, so they should come out the other side of this earnings call with their stock climbing.
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