Dell Target Rises to $477 as Server Market TAM Forecast Hits $809B
DELL•Morgan Stanley raised its server TAM forecast to $809 billion in 2026, driving a 3-5% EPS lift for Dell Technologies and boosting its price target to $477 from $448. Separately, prediction markets give CEO Michael Dell a mere 6% chance of attaining trillionaire status from his $240 billion net worth.
1. Morgan Stanley Raises TAM Forecast and Price Target
A major investment bank lifted its server market total addressable market forecast to $809 billion for 2026, marking an 82% year-over-year increase. The firm increased earnings-per-share estimates by an average 3-5% for Dell Technologies and peers, raising Dell’s price objective from $448 to $477 on resilient enterprise compute demand and AI infrastructure spending.
2. Prediction Markets on Michael Dell’s Wealth
Traders on Kalshi assign Michael Dell a 6% probability of reaching a $1 trillion net worth despite his current $240 billion valuation. The odds reflect skepticism over his wealth trajectory compared to AI-focused industry leaders, as markets weigh growth potential over existing asset bases.
