MarketPR
Dell Technologies (DELL) raised its fiscal 2027 revenue forecast to $192 billion at the midpoint on September 1, 2026, a 15% increase from the previous estimate of $167 billion.
The company attributed the upward revision primarily to demand for AI-optimized servers, which management now expects to generate $74 billion in revenue for the year, up from a prior forecast of $60 billion.
This guidance increase was accompanied by a roughly 41% lift to the fiscal 2027 GAAP earnings per share outlook. The stock has responded positively to the revised numbers.
Dell shares closed at $541.74 on October 1, 2026, sitting well above the 50-day moving average of $486.49 and the 200-day moving average of $290.47.
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