Dell Technologies Shares Surge After Record Earnings and AI Server Boom
Dell Technologies (DELL) shares dipped 1.64% to $121.45 in regular trading before rocketing 10.95% to $134.75 in after-hours action. The volatility followed a record fiscal 2026 performance and bullish 2027 guidance, underscoring the market's delayed recognition of fundamental strength.
Full-year revenue hit $113.5 billion—a 19% year-over-year surge—while diluted EPS and operating cash Flow reached all-time highs. The infrastructure solutions group drove momentum, with AI server revenue exploding to $9.0 billion in Q4 alone. Backlog now stands at $43 billion with orders exceeding $64 billion, signaling unrelenting enterprise demand.
Management raised FY27 revenue targets to a $140 billion midpoint and announced enhanced shareholder returns, including a 20% dividend hike and $7.5 billion in buybacks. Margin expansion continues as commercial clients prioritize AI-ready infrastructure.
