Dell Posts 214% EPS Jump, Secures $24.4B AI Orders and Raises Guidance
DELL•Dell delivered an 88% year-over-year revenue increase and a 214% jump in adjusted EPS in Q1 FY27, powered by a 757% surge in AI server sales. The company booked $24.4 billion in new AI orders, lifted its order backlog to $51.3 billion and raised full-year revenue guidance to $165–$169 billion.
1. Q1 FY27 Growth Driven by AI Server Demand
Dell reported an 88% year-over-year revenue increase and a 214% jump in adjusted EPS, fueled by a 757% surge in AI server sales during the quarter.
2. Surge in AI Server Orders and Backlog
The company secured $24.4 billion in new AI server orders and expanded its total order backlog to $51.3 billion, underscoring strong demand from enterprise customers.
3. Analyst Upgrades Lift Price Targets
Multiple analysts upgraded their ratings on the stock, including an Overweight recommendation and price target increases, with the highest projection rising to $500 per share.
4. Raised Full-Year Revenue Guidance
Following the robust quarterly performance, Dell raised its full-year revenue outlook to a range of $165.0 billion to $169.0 billion, reflecting confidence in sustained AI-driven demand.
