Dell: Upgrading To Buy Into Earnings, Big EPS Growth In Sight

Summary:

  • Dell Technologies has shifted its focus to AI, experiencing stock price volatility but showing strong revenue growth in Q1 2025.
  • Analysts predict mid-to-high single-digit earnings growth, with a target of over $10 in non-GAAP EPS by FY 2027.
  • Despite technical risks, Dell is considered undervalued, with a buy rating and a fundamental price target of $136.
  • Ahead of earnings on the 29th, I highlight key price levels to watch on the chart and assess what the options market is saying.
Dell Computers Sign

Thinglass

Dell Technologies (NYSE:DELL) is a legacy tech company that has re-shifted into an AI play. That transition hasn’t come without stumbles at times this year. Dell’s stock price surged to nearly $180 at the peak of its euphoria in the second quarter


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