The Future of Dell Technologies Stock: Key Insights from Wall Street Analyst
Tuesday, 23 April 2024, 13:06
The Latest Dell Technologies Stock Analysis
Shares of Dell Technologies (NYSE: DELL) have surged 157% in the past year, driven by the rising investment in AI infrastructure.
Key Points:
- Dell's AI-optimized servers experiencing strong demand.
- UBS analyst maintains buy rating, raises price target to $141.
- Expectations for AI server units to grow by 50% in calendar year 2024.
Conclusion: While Dell Technologies stock offers potential upside, its growth heavily relies on the performance of its AI server business and overcoming challenges in consumer demand.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.