What Analysts Think of Dell Stock Ahead of Earnings

Core Insights - Dell Technologies (DELL) is anticipated to report fiscal 2025 fourth-quarter results, with analysts expecting revenue growth primarily from servers and networking solutions [1][4] - The consensus among analysts is largely positive, with six out of seven maintaining "buy" or equivalent ratings, and a price target suggesting approximately 30% upside from recent trading levels [1][4] Financial Expectations - Analysts project adjusted earnings per share (EPS) of $2.51 and net sales of $24.56 billion, representing increases from $2.20 EPS and $22.32 billion in sales a year prior [2] - The Infrastructure Solutions Group is expected to achieve record revenue of $11.74 billion, reflecting over 25% year-over-year growth [2] Market Sentiment and Challenges - Bank of America has reduced its price target for Dell to $150, citing potential short-term challenges in AI server revenue due to supply-chain issues with Nvidia's Blackwell chips [3] - Morgan Stanley has also lowered its price target to $128, describing the company's short-term outlook as "choppy," despite robust demand for AI servers [3] - Dell is reportedly close to a deal to sell over $5 billion worth of servers powered by Nvidia GB200 chips to Elon Musk's xAI [3] Stock Performance - Dell's shares experienced a slight decline of about 3% recently but have increased over 23% in the past year [4]