Overview
- Wall Street consensus expects Dell to report Q1 FY2027 adjusted EPS of about $3.00 and revenue near $35.46 billion when it reports on May 28, a test of whether AI orders will show up in results.
- Shares have climbed to levels close to their 52‑week high as investors price in AI momentum and recent quarterly beats that showed stronger revenue and profit than forecasts.
- Several sell‑side firms have raised price targets to the $270–$280 range while others remain cautious, leaving analyst coverage split despite a majority of Buy ratings.
- Large institutional investors have been adding to positions so that institutions now own roughly three quarters of the stock, even as insiders sold about $576.7 million of shares in recent months and the company lifted its quarterly dividend to $0.63.
- Traders and analysts say margin pressure from costly GPUs and memory plus potential supply constraints are the key risks that could prevent a sustained re‑rating if Dell’s May 28 report or forward guidance disappoints.