Wall Street analysts raise price targets on Dell Technologies after Q1 results. Revenue beats, EPS misses. AI server momentum and buybacks offset EBIT outlook cut.
A strong May for U.S. equities is closing on a sour note, after President Donald Trump accused China of "totally" breaching a tariff agreement, raising new fears over trade disputes.
The system slated to launch in 2026 will be built using Dell’s advanced liquid-cooled server architecture and Nvidia’s newly announced Vera Rubin platform.
On Thursday, major U.S. indexes brushed off an appeals court decision to uphold Trump tariffs temporarily and closed higher. The Dow Jones Industrial Average climbed 0.3% to 42,215.73.
Computer hardware and IT solutions company Dell (NYSE:DELL) announced better-than-expected revenue in Q1 CY2025, with sales up 5.1% year on year to $23.38 billion. On top of that, next quarter’s revenue guidance ($29 billion at the midpoint) was surprisingly good and 15.8% above what analysts were expecting. Its non-GAAP profit of $1.55 per share was 8.4% below analysts’ consensus estimates.
Dell reports first-quarter revenue of $23.38 billion, beating the consensus estimate of $23.14 billion, according to Benzinga Pro. The company reports adjusted earnings of $1.55 per share, missing analyst estimates of $1.69 per share.
