Dell Technologies Inc. (DELL) Target Lifted to $126, Analysts Expect Modest Q1 Beat

We recently published a list of 10 AI Stocks Making Waves This Week. In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other AI stocks that are making waves this week.

Dell Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide. On May 21, Morgan Stanley kept its “Buy” rating on the stock and raised its price target from $89 to $126 ahead of Dell’s Q1 Fiscal 2026 earnings due on May 29. The firm anticipates modest outperformance for Dell’s April quarter. However, it believes that the full-year guidance will remain unchanged. The firm has reason to believe so, based on Dell’s strong demand for AI infrastructure and mixed results in traditional hardware and tariffs uncertainty.

Dell’s AI server business looks strong regardless of the mixed results. An estimated $2.3 billion in revenue is expected for the April quarter and nearly $20 billion in visibility for Fiscal 2026. That said, the July quarter growth will largely depend on how Dell can manage its supply. The firm also noted market share gains in Dell’s Infrastructure Solutions Group, while its Client Solutions Group is also anticipated to perform better in the first half of the year.

All these factors have led the firm to anticipate a small upside for Q1 results. The stock has been performing well recently, but may pause following earnings. Nevertheless, the firm remains positive about the second half of the year.

Overall, DELL ranks 7th on our list of AI stocks that are making waves this week. While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DELL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.