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Dell Stock Tumbles After Soft Sales Outlook—Why Analysts Are Still Bullish

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Key Takeaways

  • Dell shares dropped Friday, after the company's quarterly sales and full-year outlook underwhelmed.
  • However, several analysts suggested it could be an opportunity to buy the dip, expecting the PC and server maker to benefit from AI demand.
  • UBS said the soft guidance could have been anticipated and told clients to "buy any weakness in Dell shares."

Dell (DELL) shares dropped Friday, a day after the company’s 澳洲幸运5官方开奖结果体彩网:quarterly 🃏sales and full-year outlook disappointed. Analysts said it could be an opportunity to 澳洲幸运5官方开奖结果体彩网:buy the dip

“Buy any weakness in Dell shares,” UBS analysts told clients Friday, and suggested Dell's soft revenue forecast could have been anticipated, given near-term headwinds from unfavorable market conditions.

Dell projected fiscal🦹 2026 revenue of $101 billion to $105 billion, with the midpoint below the analyst consens🎐us of $103.81 billion compiled by Visible Alpha.

UBS lowered its price target slightly to $150 from $158, though even at that level, it would represent a nearly 50% gain from Friday's intraday price around $102. Dell shares were down about 6% and have lost close to 12% since the start of the year. 

JPMorgan analysts, who reiterated their $150 price target, said they still expect server makers like Dell to benefit from booming demand for AI infrastructure. They added a rebound in PCs and AI PC🀅s could also provide further upside to their estimates.

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  1. UBS. "Dell Technologies. Looking past the FY26 GM reset. Expect non-AI end-mkts to recover in FY26."

  2. JPMorgan. "Dell Technologies F4Q25 Review: Solid Trends Across AI and Traditional Businesses Supporting Strong Outlook for FY26; But Margins and Tariffs to Remain Watchpoints."

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