Dell Technologies Inc. (NYSE:DELL) is one of the best affordable tech stocks to buy right now. On February 9, the Piper Sandler analyst team, led by James Fish, maintained its Overweight rating on Dell Technologies Inc. (NYSE:DELL) but flagged a cautious outlook ahead of the company’s earnings announcement. Dell Technologies (DELL): Mixed Outlook Amid Strategic AI Partnerships The analysts described Dell’s earnings setup for calendar year 2026 as “concerning to mixed.” They said that Dell has been perfor ...

Core Viewpoint - Rubrik's Q2 results indicate strong growth and positive outlook, but the market reaction was muted due to lack of new information to excite investors [5][8]. Group 1: Financial Performance - Revenue grew by over 51%, driven by a 55% increase in subscription services, with a 27% rise in clients contributing more than $100K to recurring revenue [6][7]. - The company improved its gross margin and reduced operating losses, shifting from negative to positive cash flow, achieving a 19% free cash flow margin [7]. - Guidance forecasts approximately 38% annualized growth, aligning with market expectations [8]. Group 2: Market Context - Rubrik's services are integrated within Oracle's Cloud Infrastructure, which is experiencing rapid growth, particularly from hyperscalers like Amazon, Microsoft, and Google, with a reported 1500% year-over-year increase [2][3]. - Oracle plans to double its data center footprint in the coming years, which is expected to drive demand for Rubrik's offerings [4]. Group 3: Analyst Sentiment - Analysts have raised price targets for Rubrik, with a 12-month forecast of $104.38, indicating a potential upside of 32.67% from the current price [9][10]. - Despite a Moderate Buy rating, some analysts suggest there are better investment opportunities available [15]. Group 4: Market Dynamics - Short-selling activity is present, with 8% short interest potentially limiting gains until Q3 results are released [11]. - Institutional ownership exceeds 50%, and increased buying activity could support an upward trend in share price [11][12].