{"id":196032,"date":"2025-10-07T23:00:13","date_gmt":"2025-10-07T23:00:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/196032\/"},"modified":"2025-10-07T23:00:13","modified_gmt":"2025-10-07T23:00:13","slug":"dell-boosts-long-term-growth-targets-on-exploding-ai-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/196032\/","title":{"rendered":"DELL Boosts Long-Term Growth Targets on Exploding AI Demand"},"content":{"rendered":"

Dell Technologies (DELL)<\/a> stock gained about 3% Tuesday morning after the company raised its long-term financial forecasts, citing massive customer demand for artificial intelligence<\/a> (AI) infrastructure. The tech giant also reaffirmed its outlook for the third quarter and the full fiscal year 2026<\/a>.<\/p>\n

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The company made two major revisions to its annual targets through Fiscal 2030. Dell raised its annual revenue growth target to 7\u20139%, a substantial jump from 3\u20134%. Further, the annual adjusted diluted EPS<\/a> growth target was nearly doubled to 15% or more.<\/p>\n

Dell also promised to keep raising its quarterly dividend<\/a> by at least 10% each year through Fiscal 2030, adding two more years to its earlier plan.<\/p>\n

AI Cited as the Core Growth Engine<\/p>\n

The revised outlook reflects Dell\u2019s confidence in AI-fueled demand and its ability to scale solutions for both public and private sector clients.<\/p>\n

Chairman and CEO Michael Dell<\/a> said, \u201cCustomers are hungry for AI<\/a> and the compute, storage and networking we provide to deploy intelligence at scale. As AI continues to expand into businesses and governments around the world, the opportunity ahead is massive.\u201d<\/p>\n

Also, Vice Chairman and COO Jeff Clarke revealed that Dell has rapidly expanded its AI business to $20 billion in just two years.<\/p>\n

The company has seen exceptional demand for its AI solutions, including its powerful servers built with Nvidia (NVDA)<\/a> chips. In 2025, Dell secured significant server deals with customers, including CoreWeave (CRWV)<\/a>, Elon Musk<\/a>\u2019s x.AI (PC:XAIIQ<\/a>), and the U.S. Department of Energy, among others.<\/p>\n

Is DELL a Good Stock to Buy Now?<\/p>\n

Turning to Wall Street,\u00a0DELL stock<\/a>\u00a0has a Moderate Buy consensus rating based on\u00a011 Buys and five Holds assigned in the last three months. At $151, the\u00a0average Dell stock price target<\/a>\u00a0implies a 3.09% upside potential.<\/p>\n

\"\"<\/a><\/p>\n

See more DELL analyst ratings<\/a><\/p>\n

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