Dell Stock: Analysts Optimistic Despite AI Transition Challenges
TL;DR Summary
Despite Dell Technologies' stock dropping over 10% following mixed Q3 results and lowered guidance, analysts remain optimistic, reiterating Buy ratings and raising price targets. Analysts highlight Dell's growth potential in AI servers, with sales rising 34% to $11.40 billion in Q3. The stock has a consensus Strong Buy rating, with an average price target suggesting a 19.36% upside.
- Analysts Reiterate Buy Ratings on Dell Technologies (DELL) Stock TipRanks
- Results: Dell Technologies Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates Yahoo Finance
- Watch These Dell Stock Price Levels After Post-Earnings Plunge Investopedia
- Dell’s AI boost derailed slightly by Blackwell transition, slower move to AI PCs MarketWatch
- Enphase Energy: Nothing Is Over (NASDAQ:ENPH) Seeking Alpha
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