Dell Technologies (DELL) Climbs 22% on Earnings Blowout, Dividend Hike

Group 1 - Dell Technologies Inc. experienced a significant stock price increase of 21.93% on a recent Friday, closing at $148.08, driven by positive investor sentiment due to strong earnings, an optimistic outlook, and a cash dividend increase [1] - For the fiscal year ending January 2026, Dell reported a 29% increase in attributable net income to $5.9 billion, up from $4.59 billion, and a 19% rise in net revenues to $113.5 billion from $95.57 billion [2] - In the fourth quarter, Dell's attributable net profit surged by 47% to $2.26 billion from $1.5 billion, while total net revenues increased by 39% to $33.38 billion from $23.9 billion [2] Group 2 - The company highlighted its success in the AI sector, closing over $64 billion in AI-optimized server orders and entering FY27 with a record backlog of $43 billion, showcasing its engineering leadership and differentiated AI solutions [3] - Dell announced a 20% increase in cash dividends to $2.52 per share, marking its fourth consecutive year of double-digit dividend hikes, and allocated an additional $10 billion for share buybacks [4] - For the full year 2027, Dell is targeting a revenue growth of 23%, a diluted EPS growth of 33%, and a non-GAAP diluted EPS growth of 25% [4]