Key TakeawaysDell is set to report third-quarter earnings after the closing bell Tuesday, with analysts expecting sales and profit gains from the year prior.Most analysts covering Dell tracked by Visible Alpha hold a "buy" or equivalent rating for the stock, but their consensus price target implies little upside.Dell could see more growth next year as AI server sales accelerate, Morgan Stanley analysts said. Dell (DELL) is set to report third-quarter earnings after the market closes Tuesday, with analysts a ...

Furious investments in data centers are spurred by our growing need for data storage and processing power and the tremendous requirements of artificial intelligence (AI) programs. While some data centers are relatively small, others are larger than 100,000 square feet (often millions of square feet). Tech titans like Microsoft, Amazon, Alphabet, and Meta typically construct these hyperscale data centers.For instance, in 2025, Meta will break ground on an $800 million, 715,000-square-foot campus in South Car ...

CNBC's Jim Cramer on Friday previewed next week's important Wall Street action, suggesting it's wise to pay attention to a slew of retail earnings as well as reports from Dell and CrowdStrike. He also said that the coming week is typically a good one for the market and advised investors to ring the register on some of their more volatile stocks that have seen significant gains."If you have huge profits in the month of November, could you do me a favor?" he said. "I would show a little thanks next week and t ...

Dell Technologies (DELL) is scheduled to report its third-quarter fiscal 2025 results on Nov. 26.Dell expects third-quarter revenues in the range of $24-$25 billion, with a midpoint of $24.5 billion, indicating 10% growth. Earnings are expected to be $2 per share (+/- 10 cents).The Zacks Consensus Estimate for revenues is pegged at $24.53 billion, suggesting 10.25% growth from the figure reported in the year-ago quarter.The consensus mark for quarterly earnings is pegged at $2.05 per share, unchanged over t ...

Core Viewpoint - Dell Technologies has experienced a significant stock market rally in 2024, with a 76% increase attributed to rising demand for its AI server solutions [1] Financial Performance and Expectations - Dell is set to release its fiscal 2025 third-quarter results on November 26, 2024, which will be crucial for sustaining its stock rally [2] - The company guided for fiscal Q3 revenue of $24.5 billion, representing a 10% increase from the same quarter last year [3] - Adjusted earnings are expected to be $2 per share, while consensus estimates predict $2.04 per share on revenue of $24.7 billion [4] AI Server Demand and Market Position - In fiscal Q2, Dell sold $3.2 billion worth of AI servers, up from $2.6 billion in Q1, and ended Q2 with an AI server order backlog of $3.8 billion [5] - Dell's potential revenue pipeline for AI servers has significantly increased, suggesting strong future performance if supply chain issues are resolved [5] - Dell is likely to benefit from issues faced by rival Super Micro Computer, which has seen a decline in orders due to negative news [6][7] Competitive Landscape - Supermicro's customers, including Elon Musk's xAI, have reportedly shifted $6 billion worth of AI server orders away from the company, potentially benefiting Dell [7][8] - Dell commands half of the AI server orders from Musk-led companies, positioning it well to capture market share if Supermicro continues to lose orders [8] Long-term Market Outlook - The global AI server market is projected to reach $177 billion in annual revenue by 2032, up from $38 billion last year, indicating a strong growth trajectory for Dell [9] - Dell's management has indicated a solid pipeline of customers for AI servers that exceeds its backlog, suggesting potential for long-term revenue and earnings growth [10] Earnings Forecast - Dell's earnings in fiscal 2024 fell 6% to $7.13 per share, but the company expects to improve to $7.80 per share in fiscal 2025, marking a 9% increase [11] - EPS estimates for the next two fiscal years are projected at $9.43 and $10.76, indicating a positive outlook for earnings growth [12] Valuation - Dell is currently trading at 25 times trailing earnings and 13 times forward earnings, suggesting it may be undervalued as an AI stock [13]

Key TakeawaysShares of Supermicro, Dell, and other Nvidia partners surged Thursday after the chipmaker’s third-quarter results blew past analysts’ expectations.Supermicro and Dell were both among the other companies mentioned in Nvidia's earnings call Wednesday.In a sign of Nvidia's growing influence, mentions of the chipmaker have also climbed in other companies' earnings calls and other corporate events, according to transcript data compiled by AlphaSense. Shares of Super Micro Computer (SMCI), Dell (DELL ...

Wall Street analysts forecast that Dell Technologies (DELL) will report quarterly earnings of $2.05 per share in its upcoming release, pointing to a year-over-year increase of 9%. It is anticipated that revenues will amount to $24.53 billion, exhibiting an increase of 10.3% compared to the year-ago quarter.The current level reflects a downward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reapprai ...

Advertisement Dell has agreed to pay $2.3 million to settle claims that it violated the False Claims Act.Dell and reseller Iron Bow overcharged the US Army for computers over four years, the DOJ said.Fraud in the government contract process costs taxpayers, said a US attorney involved in the case.Dell has agreed to pay $2.3 million to resolve allegations it violated the False Claims Act in its business with the US Army.The Department of Justice said the Texas-based tech giant and one of its resellers, Iron ...

ROUND ROCK, Texas, Nov. 20, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) announces that Arthur Lewis, president of Infrastructure Solutions Group, will present in a fireside chat at the following conference:UBS Global Technology and AI Conference – Scottsdale, AZTuesday, Dec. 3, 20242:15 p.m. MT / 4:15 p.m. ETA live webcast and a replay of all conference webcasts will be available on Dell Technologies' Investor Relations page at investors.delltechnologies.com.About Dell TechnologiesDell Technologies ...

I focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gains than low valuation. As a result, I give utmost importance to margins, free cash flow stability and growth, and returns on invested capital. I research stocks within my areas of competence and whe ...