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Dell Technologies stock sank as much as 12% early Wednesday after the company took a cautious approach to its forecast for investors while warning that AI growth "will not be linear.""AI is a ...
The results have earned Dell an inclusion in the S&P 500 index, highlighting the company's industry leadership and blue chip status. On the other hand, the stock hasn't been immune to volatility.
Double-digit earnings growth should lead to impressive stock price upside. Dell's earnings in the first six months of fiscal 2025 have increased by 4% year over year on an adjusted basis to $3.16 ...
But its stock still shot up 20% in after-hours trading after the company excited investors about the tech industry’s favorite buzzwords: artificial intelligence.
At least nine brokerages raised their price targets on Dell after the results. Currently, over three-fourths of the analysts have a "buy" or higher rating with a median target price of $113.
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related to: stock target price dell zacks company search report