Dell stock surges to record high amid AI-driven earnings beat
Dell's stock reached a record high following a significant earnings report driven by AI demand. The company reported adjusted earnings nearly double Wall Street estimates, fueled by a growing AI backlog. Analysts have raised their price targets in response to the strong performance and increasing demand for AI infrastructure.
- ▪Dell shares surged 16.8% after posting adjusted earnings of $4.86 per share, significantly exceeding analyst expectations of $2.93.
- ▪The company reported $24.4 billion in AI orders for the quarter and maintains a record $51.3 billion AI backlog.
- ▪Dell serves over 5,000 AI clients, with its Infrastructure Solutions Group becoming a key growth driver.
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Dell stock surges to record high amid AI-driven earnings beat Dell shares jumped 16.8% after posting adjusted earnings nearly double Wall Street estimates, powered by a $51.3B AI backlog that keeps growing. Share Add us on Google by Editorial Team May. 28, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Dell Technologies just reminded everyone that the AI hardware boom is far from over.
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