BREAKING: Dell’s AI Revenue Set to Double According to Bank of America Analysis

Bank of America just dropped a bombshell prediction that could reshape the tech investment landscape.

The AI Gold Rush Accelerates

Dell's artificial intelligence division is positioned for explosive growth—BofA analysts project revenue could potentially double as enterprise AI adoption hits critical mass. The computing giant's infrastructure solutions are suddenly looking like the picks and shovels in the modern AI gold rush.

Enterprise Demand Goes Vertical

Corporate clients are scrambling to deploy AI capabilities, and Dell's server and storage systems are catching the wave. The timing couldn't be better as businesses realize legacy systems can't handle next-generation AI workloads.

Wall Street Takes Notice

Institutional money is rotating toward proven infrastructure plays rather than speculative AI startups. Because nothing makes bankers happier than betting on the company selling shovels instead of the prospectors hoping to strike gold.

Dell's transformation from PC giant to AI infrastructure powerhouse appears to be hitting its stride—just as the artificial intelligence revolution moves from hype to tangible business impact.

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Wamsi Mohan, a top five-star rated analyst, is bullish on DELL stock after the company’s latest financial results were released. In a note to clients discussing the company’s print, Mohan wrote: “When you look out to next year, I think they’re in a position where they could even double their AI revenues.”

The comments come as DELL stock rises 7% after delivering mixed financial results for its fiscal third quarter, but providing optimistic guidance, driven by AI demand. Mohan currently has a Buy rating and $160 price target on DELL stock, which is 27% higher than where the shares currently trade.

Dell’s Bullish Outlook

Management at Dell Technologies said the company is benefiting from rising demand for its AI servers that are used in data centers around the world. As part of its latest earnings report, Dell raised its forecast for AI server sales this year to $25 billion from $20 billion previously.

Dell also said it that it now expects $31.5 billion of total sales in the current fourth quarter, which is above the $27.59 billion that analysts had anticipated. Earnings per share in the current quarter are estimated at $3.50, which is ahead of the $3.21 forecast on Wall Street.

Is DELL Stock a Buy?

The stock of Dell Technologies has a consensus Moderate Buy rating among 17 Wall Street analysts. That rating is based on 12 Buy, four Hold, and one Sell recommendations issued in the last three months. The average DELL price target of $167.27 implies 24.45% upside from current levels.