Key Points
Dell Technologies Inc. (DELL) rallied sharply today, extending a stretch of favorable momentum as buyers stepped in with conviction. Shares advanced from a previous close of $125.92 to finish at $134.19, gaining 6.57% on the session and adding $8.27 in market value per share. Participation was robust, with trading activity running at above-average volume as investors reacted positively to improving fundamentals and bullish guidance commentary. That pickup in demand helped sustain a steady intraday bid, reinforcing the day’s upward trajectory and signaling a constructive tone.
The strong move unfolded with broad-based interest across the tape, an encouraging sign that the rally wasn’t driven by isolated, one-off flows. Elevated activity relative to typical levels suggests investors are positioning more decisively, often a precursor to follow-through days if broader conditions remain supportive. Price action also benefited from favorable sentiment around core growth initiatives, with buyers displaying a willingness to pay up for exposure to the company’s long-term themes.
Even after today’s advance, DELL trades about 20% below its 52-week high of $168.08, set on Nov. 3, 2025. That distance from the peak offers additional headroom if momentum persists and earnings execution stays on track. Against this backdrop, the combination of strong percentage gains, a meaningful dollar move, and above-average activity points to an improving trend. While no single session sets the course, today’s action reflects rising investor confidence and a bullish tilt that puts DELL on firmer footing for the sessions ahead.
Why Dell Technologies Inc. Price is Moving Higher
DELL’s upward move to $134.19 aligns with a clear, fundamentals-driven narrative: the company delivered a stronger-than-expected earnings print and raised its full-year outlook, catalyzing bullish momentum. In its latest report, Dell posted Q3 adjusted EPS of $2.59, ahead of the $2.48 consensus, on revenue of $27.01 billion, up 10.8% year over year. Management lifted full-year revenue guidance to a range of $111.2–$112.2 billion and increased full-year EPS guidance to about $9.92, both above prior targets and Street expectations. Notably, Q4 guidance also topped estimates, with revenue projected at $31–$32 billion and EPS of $3.50.
The single biggest driver is accelerating demand for AI infrastructure. Dell recorded a record $12.3 billion in AI server orders during Q3 and raised its fiscal 2026 AI server sales projection by $5 billion to $25 billion, underscoring a step-change in pipeline visibility. Margin performance is strengthening, with Infrastructure Solutions Group EBIT margins advancing from 8.8% to 12.4%, reflecting operating leverage as AI and high-value infrastructure mix rises. Reinforcing sentiment, several major sell-side firms raised price targets into the $163–$185 range, highlighting Dell’s positioning in AI servers and multi-cloud infrastructure.
Trading volume tells the same story: roughly 11,778,446 shares changed hands versus a 90-day average of 6,798,580, a clear sign of investor enthusiasm. With a market cap of $84.39 billion, TTM EPS of $6.97, and sequential revenue momentum (+27.4% from $23.38 billion to $29.78 billion in recent quarters), valuation appears reasonable for a company capturing outsized AI infrastructure demand. The combination of an earnings beat, upgraded outlook, and high-conviction AI orders provides a powerful backdrop for continued positive momentum.
What is the Dell Technologies Inc. Rating - Should I Buy?
Weiss Ratings assigns DELL a C rating. The stock was recently upgraded on 9/3/2025. Current recommendation is Hold.
The rating is built on six indices: the Excellent Growth Index highlights meaningful expansion and execution; the Excellent Efficiency Index underscores strong returns on invested capital; the Fair Solvency Index signals a balanced, serviceable balance sheet; the Fair Total Return Index reflects average risk-adjusted performance; the Weak Volatility Index points to elevated price swings; and the Fair Dividend Index indicates a modest, sustainable payout.
These elements fit with the company’s profile: 18.98% revenue growth supports the Excellent Growth Index; a 4.84% profit margin and disciplined cost control align with the Excellent Efficiency Index; and an 18.07 P/E ratio suggests an arguably reasonable valuation given growth prospects. At the same time, historical drawdowns and variability help explain the Weak Volatility Index and the overall C, or Hold, stance.
Relative to peers, the competitive set is tight. Sector peers include ANET (C+), WDC (C+), and UI (C+). Compared with these names, DELL’s growth and efficiency metrics are standouts, but higher volatility and only fair total returns temper the assessment. Income characteristics are moderate across the group, keeping dividend appeal secondary to growth and execution.
Netting it out, the C rating reflects a balanced risk/reward profile for DELL: strong operational momentum and efficiency are offset by volatility, only fair risk-adjusted returns, and a merely fair solvency and dividend profile. It’s a constructive setup, but not without swings that demand disciplined position sizing.
About Dell Technologies Inc.
Dell Technologies Inc. is a global provider of end-to-end technology solutions spanning personal computing, infrastructure, and services within the Information Technology sector. Operating in the Technology Hardware and Equipment industry, Dell designs, manufactures, and supports a broad portfolio that helps customers modernize their digital operations, deploy workloads from edge to core to cloud, and enhance productivity.
The company’s Client Solutions Group offers laptops, desktops, workstations, thin clients, monitors, and peripherals under well-known brands such as XPS, Latitude, Precision, OptiPlex, Inspiron, and Alienware. These systems are supported by security, manageability, and collaboration features designed for both enterprise and consumer use cases, with lifecycle services that include configuration, deployment, and support to reduce total cost of ownership.
Through its Infrastructure Solutions Group, Dell delivers data center technologies including PowerEdge servers, PowerStore and PowerScale storage systems, data protection appliances, and software-defined infrastructure that enables scalable, high-performance workloads. The portfolio targets AI, analytics, virtualization, and multi-cloud deployments, with consumption options via Dell APEX to align spending with usage. Networking solutions complement compute and storage to create integrated stacks optimized for performance and efficiency.
Dell also provides consulting, deployment, and support services that help organizations plan, implement, and operate their technology environments. Its OEM Solutions and edge offerings enable customized hardware for industry-specific applications. With a global supply chain, strong channel relationships, and a comprehensive product set, Dell is positioned as a one-stop partner for organizations seeking secure, scalable, and flexible infrastructure and endpoint solutions.
Investor Outlook
Momentum around AI infrastructure, raised guidance, and improving margins present a favorable backdrop for DELL, while the C (Hold) rating underscores a balanced risk/reward profile that can benefit investors who manage volatility thoughtfully.
See full rankings of all C-rated Information Technology stocks inside the Weiss Stock Screener.