This Will Be Dell's Stock Price in 2027

"Shares trade at $238.94 as of May 12, 2026, up 91.28% year to date and 134.62% over the past year. Our 24/7 Wall St. price target for Dell is $269.53, implying 12.8% upside over the next 12 months. The recommendation is buy with high confidence (90% on our scale)."

"Fiscal Q4 FY26 revenue hit $33.379 billion (+40.21% YoY), with non-GAAP EPS of $3.89 topping consensus expectations. AI-optimized server revenue exploded 342% YoY to $8.952 billion, and management exited the year with a record $43 billion AI backlog. Recent catalysts include a $1.44 billion Boost Run AI cloud agreement and the Pangea 5 supercomputer project with TotalEnergies and NVIDIA."

"Dell's FY27 guidance calls for $138 to $142 billion in revenue (+23% YoY), with AI-optimized server revenue roughly doubling to $50 billion. Non-GAAP EPS guidance of $12.90 at the midpoint (+25% YoY) would support a re-rating toward our bull scenario of $284.21, an 18.95% one-year return. Jim Cramer identified Dell as a core " AI factory " infrastructure provider, and a DCF model cited by Sahm Capital implies fair value of $265.66."

"Free cash flow tells the same story: FY26 FCF surged 357.73% to $8.555 billion, funding a 20% dividend hike and a $10 billion buyback expansion. The bear scenario maps to $216.96, a 9.2% decline. UBS already downgraded DELL from Buy to Neutral, citing how much AI is"

Dell shares trade at $238.94 and have risen sharply over multiple time horizons. A recent pullback followed a warning about crowded AI trades, but the stock remains near recent highs. Fiscal Q4 FY26 revenue reached $33.379 billion, with non-GAAP EPS of $3.89. AI-optimized server revenue grew 342% year over year to $8.952 billion, and the company ended the year with a record $43 billion AI backlog. Catalysts include a $1.44 billion Boost Run AI cloud agreement and the Pangea 5 supercomputer project. FY27 guidance projects $138 to $142 billion in revenue, with AI-optimized server revenue near $50 billion and non-GAAP EPS guidance of $12.90 at the midpoint. Free cash flow rose 357.73% to $8.555 billion, supporting a dividend hike and expanded buybacks. A bull scenario targets $284.21, while a bear scenario targets $216.96.

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