Dell Posts Record Q2, Raises FY27 Revenue to $192B, Pledges $6.25B
DELL has more than doubled off its 52-week low of $110.22 on elevated volume (2.2× avg).
Summary
Dell reported record fiscal Q2 results with revenue of $46.97B and GAAP EPS of $6.34, driven by explosive AI server demand. AI-optimized server revenue hit $16.4B, with $60.9B in AI server orders and a $95B backlog. The company raised full-year FY27 revenue guidance to $192B, a 69% year-over-year increase. Additionally, Dell and founder Michael Dell pledged $6.25 billion to fund $250 accounts for eligible U.S. children in lower- and middle-income ZIP codes. This follows the prior day's Dow Jones report on the guidance raise, but the philanthropic pledge is new information. The magnitude of the AI-driven growth and the raised guidance reinforce the company's strong position in the AI infrastructure market.
At the time of this announcement, DELL was trading at $459.03 on NYSE in the Technology sector, with a market capitalization of approximately $275.5B. The 52-week trading range was $110.22 to $514.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.