Movement Alert｜Dell Technologies Surges 39.39% in Pre-Market Trading, Q1 Earnings Crush Expectations with AI Server Revenue Soaring 757%

Market Focus05-29

On May 29, Dell Technologies surged 39.39% in pre-market trading, trading at $440.0/share, with trading volume of approximately $46.18 million. The explosive move follows Dell's after-hours release of its FY2027 Q1 earnings report on May 28, which comprehensively exceeded market expectations across all key metrics.

Dell reported Q1 revenue of $43.8 billion, up 88% year-over-year, far surpassing the FactSet consensus estimate of $35.74 billion. The standout driver was AI-optimized server revenue, which reached $16.1 billion in the quarter, representing a staggering 757% year-over-year increase. AI-related orders totaled $24.4 billion, with backlog reaching a record $51.3 billion. COO Jeff Clarke stated that the AI opportunity shows no signs of slowing.

Management significantly raised full-year guidance, lifting FY2027 total revenue midpoint to $167 billion, AI server full-year revenue expectations from $50 billion to $60 billion (up 144% YoY), and adjusted EPS guidance to $17.90. The Client Solutions Group also delivered record commercial revenue of $13 billion, with operating margins expanding from 5.2% to 8.0%. Analysts noted Dell is being revalued from a traditional hardware company to a core AI infrastructure provider.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment