Top Analyst Reports for Shell, Dell & Amphenol

Friday, November 6, 2026

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Shell plc SHEL, Dell Technologies Inc. DELL and Amphenol Corp. APH, as well as a micro-cap stock Versus Systems Inc. VS. The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.

These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

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You can read today's AWS here >>> Great Jobs Report. Will It Matter to Market Participants?

Today's Featured Research Reports

Shares of Shell have gained +38% over the year-to-date period against the Zacks Oil and Gas - Integrated - International industry’s gain of +41.1%. The company’s integrated gas business benefits from its LNG network and expansion plans, supporting diversified earnings growth. Refining strength and operational discipline reinforce resilience across market cycles. 

Capital efficiency remains a strength, with returns on invested capital exceeding historical and industry benchmarks, reflecting portfolio optimization and selective reinvestment. Acquisitions and divestments improve resource longevity and portfolio quality. Robust cash flow and free cash flow conversion strengthen financial flexibility, funding dividends, buybacks, debt reduction and growth. 

Disciplined spending and shareholder distributions support investor returns. Favorable valuation and upward earnings revisions add appeal despite commodity volatility. These strengths justify Shell's Outperform recommendation.

(You can read the full research report on Shell here >>>)

Dell’s shares have outperformed the Zacks Computer - Micro Computers industry over the year-to-date period (+179.3% vs. +29.8%). The company is benefiting from broad AI and data-center infrastructure demand as customers secure capacity and modernize systems. Its scale across AI servers, traditional compute, storage and commercial PCs supports share gains and expands the opportunity beyond GPU systems. 

Higher Dell IP storage mix and operating leverage are lifting profitability, while a large noncancelable AI backlog and growing enterprise adoption improve longer-term visibility. An aging commercial PC installed base adds a refresh opportunity as budgets normalize. 

Risks include tighter component supply, weak consumer PC demand, lower-margin AI server mix, intense competition, currency volatility and balance-sheet demands. Still, Dell’s execution, portfolio breadth, efficiency gains and expanding infrastructure opportunity support the Outperform view.

(You can read the full research report on Dell here >>>)

Shares of Amphenol have outperformed the Zacks Electronics - Connectors industry over the year-to-date period (+10.6% vs. +6.6%). The company is benefiting from expanding demand for high-speed, power and fiber interconnect products, led by AI-related IT datacom programs and supported by defense, commercial air and diversified industrial applications. 

Record orders and positive book-to-bill reinforce demand visibility, while customer commitments help share capacity risk. CommScope is expanding Amphenol’s optical reach and delivering higher sales, margins and earnings accretion than expected. Broad interconnect capabilities, rising electronics content and acquisition execution strengthen its competitive position. 

Operating leverage, cash generation and increased shareholder returns further support our Outperform view. Risks include communications-network weakness, evolving AI architectures, tax exposure and acquisition-related financing costs.

(You can read the full research report on Amphenol here >>>)

Versus Systems’ shares have underperformed the Zacks Internet - Software industry over the year-to-date period (-31.8% vs. -6.9%). This microcap company with a market capitalization of $5.21 million faces growing-concern and persistent uncertainty, as operations still dependent on external funding. Limited customer diversification, heavy reliance on ASPIS, potential shareholder dilution and unproven software commercialization remain risks. 

Sustainable profitability requires validation beyond related-party licensing revenues. The valuation suggests potential upside, but financial uncertainties and execution risks warrant caution. Broader customer adoption, recurring revenues and sustainable cash generation remain critical to a lasting revaluation.

Nevertheless, VS has strengthened its liquidity position through equity financing, regained Nasdaq compliance and reduced operating expenses and cash burn. The renewed ASPIS licensing agreement provides revenue visibility, while platform investments and the Drinkfinger partnership support commercialization opportunities. 

(You can read the full research report on Versus Systems here >>>)

Other noteworthy reports we are featuring today include Diamondback Energy, Inc. (FANG), The PNC Financial Services Group, Inc. (PNC) and Willis Towers Watson Public Limited Co. (WTW).

Mark Vickery
Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Today's Must Read

Shell (SHEL) to Benefit from High-Grading of Portfolio

Solid Demand for AI Servers Aids Dell Technologies (DELL) Prospects

End-Market Strength & Diversification Aids Amphenol (APH)

Featured Reports

Inorganic Growth Supports PNC Financial (PNC) Amid Rising Costs
Per the Zacks analyst, PNC Financial's strategic acquisitions, branch expansion and digital initiatives support its long-term growth. Yet, rising technology expenses remain a key concern.

Willis Towers (WTW) Poised to Gain from Segmental Strength
Per the Zacks analyst, Willis Towers is set to gain from solid customer retention levels, growing new business and geographic diversification across segments. Yet, high costs weighing on margin ails.

Strategic Acquisitions Aids Labcorp (LH) Amid Foreign Exchange Woes
The Zacks analyst is impressed by Labcorp's strategic relationships with health systems and regional laboratories. Yet, challenges in terms of unfavorable foreign exchange issue hurts growth.

Tools & Outdoor Unit to Aid Stanley Black (SWK), Costs Ail
Per the Zacks analyst, Stanley Black's Tools & Outdoor unit is driven by increased demand for power tools in U.S. retail and commercial and industrial channels. However, high costs remain concerning.

Generics Business Boost Dr. Reddy's (RDY), Competition a Woe
Per the Zacks Analyst, RDY benefits from generics launches and pending FDA filings, while intensifying competition and pricing pressures remain key challenges.

Expanding Financial Utility & Monetization Aids Sezzle (SEZL) Growth
Per the Zacks analyst, Sezzle gains from rising subscriptions, frequent transactions and stronger monetization. SezzleCash adoption and AI-led productivity boost high growth and operating leverage.

SolarEdge Technologies (SEDG) Benefits From Global Reach Despite Tarif
Per the Zacks analyst, SolarEdge Technologies is likely to benefit from its expanding global presence, though rising U.S. import tariffs continue to create uncertainty for international operations.

New Upgrades

Diamondback Energy (FANG) to Gain From Higher Oil Production
The Zacks analyst believes that Diamondback Energy's higher oil output, increased 2026 production guidance and disciplined spending support solid revenue growth and a favorable long-term outlook.

Expeditors (EXPD) Rides on E-commerce Growth, Airfreight Strength
Per the Zacks Analyst, e-commerce demand strength acts as a tailwind for growth of companies like Expeditors. An uptick across Airfreight services continues to boost Expeditors top line.

Freshworks (FRSH) Balances AI-Led Growth With Retention & Cost Woes
Per the Zacks analyst, Freshworks is benefiting from the shift toward simpler, AI-enabled service management. Modest retention and residual GAAP cost burdens limit upside.

New Downgrades

Group 1 Automotive (GPI) Battles Weak U.S. Vehicle Demand
Per the Zacks analyst, Group 1 Automotive faces persistent affordability pressures and weak U.S. vehicle demand, with declining new and used retail volumes threatening revenue and gross profit growth.

NIKE (NKE) Faces Sales Weakness & Margin Risks Amid Ongoing Reset
Per the Zacks analyst, NIKE faces weak demand, declining digital sales and persistent margin pressures. Greater China challenges and restructuring costs are expected to delay its earnings recovery.

Boise Cascade (BCC) Struggles Amid Housing Weakness and Margin Pressur
Per the Zacks analyst, weak housing demand, cautious dealer inventories and supplier transition disruptions weigh on Boise Cascade. Rising freight and manufacturing costs further mar prospects

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research