Dell surges on blowout quarter, massive AI-server momentum, and raised FY27 outlook

Dell Technologies (DELL) is up 27.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The stock appears to be reacting to an earnings-driven reset in expectations, with Dell posting record fiscal Q1 results and sharply highlighting accelerating AI-optimized server demand. Investors also likely welcomed higher full-year guidance, which implied faster growth and stronger earnings power than the market had been pricing in.

Details:

Dell reported fiscal 2027 first-quarter revenue of $43.8 billion, up 88% year over year, alongside record GAAP diluted EPS of $5.24 and non-GAAP diluted EPS of $4.86.

Infrastructure Solutions Group revenue rose to $29.0 billion (+181%), including AI-optimized servers revenue of $16.1 billion (+757%), underscoring how data-center buildouts are driving the quarter.

The company booked $24.4 billion of AI orders in the quarter and lifted its full-year FY27 AI-optimized servers revenue expectation to roughly $60 billion.

Dell raised its full-year FY27 revenue outlook to $165.0–$169.0 billion (midpoint $167.0 billion) and returned $2.1 billion to shareholders through repurchases and dividends during the quarter.

Sources:

Dell Technologies Investor Relations, SEC, Stock Titan

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DELL Insider Trading Activity

$DELL insiders have traded $DELL stock on the open market 348 times in the past 6 months. Of those trades, 0 have been purchases and 348 have been sales.

Here’s a breakdown of recent trading of $DELL stock by insiders over the last 6 months:

IV (GP), L.L.C. SLTA has made 0 purchases and 168 sales selling 3,102,508 shares for an estimated $500,440,405.
V (GP), L.L.C. SLTA has made 0 purchases and 168 sales selling 3,102,508 shares for an estimated $500,440,405.
WILLIAM F SCANNELL (Chief Customer Officer) sold 143,067 shares for an estimated $23,606,055
ELLEN JAMISON KULLMAN has made 0 purchases and 4 sales selling 150,346 shares for an estimated $21,820,312.
JEFFREY W CLARKE (COO & Vice Chairman) sold 116,000 shares for an estimated $21,167,680
EGON DURBAN sold 71,000 shares for an estimated $9,806,520
JANE TUNNELL (Chief Marketing Officer) sold 28,529 shares for an estimated $4,350,957
DAVID ALAN KENNEDY (Chief Financial Officer) sold 19,500 shares for an estimated $3,559,335
JENNIFER D. SAAVEDRA (Chief Human Resources Officer) sold 10,200 shares for an estimated $1,479,000
RICHARD TROY SHARP (Chief Accounting Officer) has made 0 purchases and 2 sales selling 1,538 shares for an estimated $229,565.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$DELL Hedge Fund Activity

We have seen 826 institutional investors add shares of $DELL stock to their portfolio, and 786 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JANE STREET GROUP, LLC added 5,292,113 shares (+654.4%) to their portfolio in Q1 2026, for an estimated $868,594,506
MORGAN STANLEY removed 5,235,786 shares (-44.1%) from their portfolio in Q1 2026, for an estimated $859,349,556
GOLDMAN SACHS GROUP INC added 2,668,464 shares (+67.7%) to their portfolio in Q1 2026, for an estimated $437,974,996
INVESCO LTD. added 2,445,854 shares (+50.4%) to their portfolio in Q4 2025, for an estimated $307,884,101
DEUTSCHE BANK AG\ removed 2,342,181 shares (-42.5%) from their portfolio in Q1 2026, for an estimated $384,422,167
JPMORGAN CHASE & CO removed 2,223,692 shares (-51.2%) from their portfolio in Q4 2025, for an estimated $279,918,348
WELLINGTON MANAGEMENT GROUP LLP removed 1,663,571 shares (-61.2%) from their portfolio in Q1 2026, for an estimated $273,041,908

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$DELL Congressional Stock Trading

Members of Congress have traded $DELL stock 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $DELL stock by members of Congress over the last 6 months:

SENATOR MARKWAYNE MULLIN has traded it 3 times. They made 0 purchases and 3 sales worth up to $150,000 on 02/04, 12/18.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$DELL Analyst Ratings

Wall Street analysts have issued reports on $DELL in the last several months. We have seen 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Morgan Stanley issued a "Underweight" rating on 01/20/2026
Citigroup issued a "Buy" rating on 01/20/2026
Barclays issued a "Overweight" rating on 01/15/2026

To track analyst ratings and price targets for $DELL, check out Quiver Quantitative's $DELL forecast page.

$DELL Price Targets

Multiple analysts have issued price targets for $DELL recently. We have seen 13 analysts offer price targets for $DELL in the last 6 months, with a median target of $205.0.

Here are some recent targets:

Vijay Rakesh from Mizuho set a target price of $350.0 on 05/28/2026
Aaron Rakers from Wells Fargo set a target price of $270.0 on 05/22/2026
Erik Woodring from Morgan Stanley set a target price of $170.0 on 05/21/2026
Wamsi Mohan from B of A Securities set a target price of $280.0 on 05/18/2026
Asiya Merchant from Citigroup set a target price of $290.0 on 05/14/2026
David Vogt from UBS set a target price of $243.0 on 05/11/2026
Katherine Murphy from Goldman Sachs set a target price of $215.0 on 04/16/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.