This summary was created by AI, based on 5 opinions in the last 12 months.
Dell Computers (DELL-N) has been a key player in installing Nvidia's systems, highlighting its crucial role in the industry. Its recent earnings report showcased increasing demand for AI servers, along with some declines in other segments. Despite this, the company is seen as a stable option at a good valuation, with potential for long-term growth. However, some experts believe that the market may have overreacted to the positive news, leading to a sharp upswing in shares. Overall, Dell is viewed as a conservative play with a focus on generative AI and data centers, making it an interesting value name with a yield of 3.14%.
DELL's forward PE is currently 16.3x and it was at about ~12x before the big jump it just had prior to its earnings release. DELL's recent earnings highlighted increasing demand for its AI servers and reported servers and networking revenue of $4.9B. DELL did see declines in other revenue segments such as the Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) which highlight the general mature nature of the company. DELL is benfitting from AI tailwinds and while it is definitely a stable option at a good valuation, we would not necessarily characterize it as a growth name. With strong recent performance and also paying a small yield of 1.38%, we like DELL as a value name, however would not expect the same growth that it has had in the last year to be a long-term trend.
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Their earnings beat surprised the market. It's also under-owned. Both account for the sharp upswing in shares today.
Hitting new highs after reporting a strong beat, based on demand for AI servers. They had a good, not great quarter: good AI server revenues and their backlog jumped from $1.6 billion to $2.9 billion, but it's a $90-billion revenue company. Revenue was in line and they lowered guidance for the next quarter. This doesn't justify their market cap jumping by a third.
A conservative play, given that we don't know if we're going to have a recession in Q3 or Q4. Haircut and slowing growth, but 60-65% of its business is in data centres. So it's a play on generative AI, which needs data. One of the biggest suppliers of racks in data centres. Price target of $55. Yield is 3.14%.
(Analysts’ price target is $52.35)Dell Computers is a American stock, trading under the symbol DELL-N on the New York Stock Exchange (DELL). It is usually referred to as NYSE:DELL or DELL-N
In the last year, 4 stock analysts published opinions about DELL-N. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dell Computers.
Dell Computers was recommended as a Top Pick by on . Read the latest stock experts ratings for Dell Computers.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Dell Computers In the last year. It is a trending stock that is worth watching.
On 2024-04-19, Dell Computers (DELL-N) stock closed at a price of $114.87.
They delivered a blow-out quarter. There's more room to run. Dell is crucial in installing Nvidia's systems.