Dell stock is up 140% YTD, now at all time high. Will the stock rise on Fri after Thurs' earnings rpt?
74% of users predicted YES — the community got this one right. 27 predictions cast.
Dell Technologies shares surged approximately 33 percent on May 29, 2026 after the company reported fiscal first-quarter 2027 earnings that dramatically exceeded analyst expectations. Revenue rose 88 percent year over year to $43.8 billion — roughly $9 billion above the consensus estimate — while adjusted earnings per share reached $4.86 against a forecast of $2.93. AI-optimized server revenue was the headline figure: it jumped 757 percent year over year to $16.1 billion, reflecting explosive enterprise demand for AI data center infrastructure.
Dell also raised its full-year fiscal 2027 revenue guidance to a range of $165 billion to $169 billion, with $60 billion forecast to come from AI server sales — figures that substantially reset market expectations for the company's AI infrastructure business.
The results reinforced Dell's position as a primary infrastructure beneficiary of the AI build-out cycle. The stock had already more than doubled year to date before the earnings release, and shares moved further into record territory on May 29. The scale of the revenue beat — driven by direct enterprise relationships with major cloud and large-cap technology customers — reflected the broader surge in capital spending on AI systems across the industry.
The 74 percent of the community that predicted a post-earnings gain was correct.