Dell Stock Up 260% on 757% AI Server Sales Surge; Analysts Target $440
DELL•Dell's stock has climbed 260% over the past 12 months, propelled by a 757% year-on-year surge in AI server sales. Analysts maintain a buy rating with a $440 price target, attributing the rally to a reasonable 23x forward earnings multiple.
1. AI Server Sales Surge Drives Stock Gains
Dell reported AI server sales rising 757% year-over-year, fueling a 260% increase in its stock price over the past 12 months.
2. Analyst Ratings and Valuation
Analysts maintain a buy rating on Dell, setting a $440 price target based on a 23x forward earnings multiple and citing strong AI revenue growth as a valuation catalyst.
3. Affordable XPS 13 Launch
Dell unveiled its most affordable XPS 13 laptop at $699, targeting students and young professionals to capture market share from Apple’s MacBook Neo in the entry-level premium segment.
