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Benzinga
81 days

These Analysts Revise Their Forecasts On Dell Following Q1 Results

1. Dell reported Q1 revenue of $23.38 billion, beating estimates. 2. Adjusted earnings per share were $1.55, below analyst expectations. 3. Record servers and networking revenue reached $6.3 billion this quarter. 4. AI orders totaled $12.1 billion, exceeding last fiscal year's total. 5. Analysts adjusted price targets, most maintaining positive ratings despite declines.

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FAQ

Why Bearish?

Despite revenue beat, missed earnings and a declining share price show investor concern.

How important is it?

Mixed financial results suggest uncertainty, but strong demand for AI solutions could drive future growth.

Why Short Term?

Immediate earnings disappointment may drive stock volatility; longer-term AI growth potential remains.

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