Wall Street Bets Big on DELL: Analysts See 20% Rally Ahead

Wall Street's latest darling? DELL stock—and the bulls are roaring. Analysts slap a 'Strong Buy' on the tech heavyweight, predicting a 20% surge. Because nothing says 'sure thing' like a room full of suits agreeing on something.

Active catalysts? Not spelled out—but when has that ever stopped the hype train? The street's confidence feels almost... algorithmic. Meanwhile, retail investors brace for the usual rollercoaster of institutional whims.

One thing's clear: in the casino of modern markets, DELL just got a fresh coat of lipstick. Place your bets—just don't act surprised when the house changes the rules mid-game.

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Evercore’s Rating for DELL Stock

Last week, Evercore’s five-star-rated analyst Amit Daryanani reiterated his Buy rating on DELL stock at a price target of $140.

Daryanani highlighted that Dell has successfully navigated tariff pressures, maintaining stable pricing where some competitors have faltered. Notably, the company’s AI server business is gaining strong momentum. In its Q1 FY26 results, Dell secured $12.1 billion in AI orders this quarter alone, exceeding its total AI shipments for the entire fiscal year 2025. The company now holds a backlog of $14.4 billion.

This sharp increase signals robust demand and reinforces the view that customers are willing to pay a premium for Dell’s superior supply chain and execution. This positions Dell to capture greater market share, even as a high-end provider.

Citi’s Bullish Call on DELL

Likewise, Citi’s five-star-rated Asiya Merchant raised her price target from $128 to $135, reaffirming a Buy rating. Citi has issued a “positive 90-day short-term view” on Dell, citing rising demand for the company’s AI servers, particularly the GB200 model. Merchant noted that the demand aligns with Dell’s projection of a 50% jump in AI server revenue for 2025, boosting investor confidence in the company’s growth trajectory.

Meanwhile, Wells Fargo’s top-rated analyst, Aaron Rakers, keeps a price target of $150, implying an upside of 30%. He believes Dell is poised to benefit from the upcoming Nvidia Blackwell cycle while preserving healthy profit margins. The company’s efficient supply chain and scale advantages are seen as key strengths in seizing this growth opportunity.

Is DELL Stock a Good Buy Now?

According to TipRanks, DELL stock has received a Strong Buy consensus rating, with 12 Buys and three Holds assigned in the last three months. The average Dell share price target is $136.07, suggesting a potential upside of 18% from the current level.