According to a report issued by Bank of America Securities, DELL Technologies (DELL.US)' first fiscal quarter results ended May 1st beat expectations, and significantly raised its guidance for fiscal year 2027. The revenue guidance was raised by nearly $30 billion to ranging from $165 billion to $169 billion, and the earnings per share guidance was raised by $5 to ranging from $17.65 to $18.15. The bank thinks the market focus will shift to whether the fiscal 2027 EPS forecast of near $20 has peaked. The bank expects AI servers to continue to grow, ISS to perform strongly in Agentic enterprise and CSP workloads, and storage products to add...
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"Big Bank" Bank of America Securities lifted DELL (DELL.US) price target to $500 in one fell swoop, results beat expectations
阿斯达克财经06-01
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