Coverage / DELL / Trade Card

DELL

Dell Technologies Inc

BUY 2026-08-01 Updated today USD 405.37 Technology - Computer HardwareAWAIT ENTRY
73

Position levels

Currenttoday
USD 405.37
Buy <=wait / entry
USD 308.33
Trim >=take some off
USD 445.00
Thesis breakThe thesis would be invalidated by a sustained deceleration in AI server order g...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case40%100 / 10040.0
Base case52%62 / 10032.2
Bear case8%10 / 1000.8
Weighted conviction73 / 100 - BUY

Top risks

  • Record Q2 FY2026 revenue of $29.8B (+19% YoY) with ISG up 44% and $10B AI solutions shipped in H1 FY26
  • FY2026 full-year record revenue of $113.5B (+19% YoY) and FY27 guidance of 23% revenue growth at midpoint
  • Mazda Motor Corporation building AI-ready data foundation with Dell Technologies
Read full report →

Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.