Dell Stock Poised for Breakthrough Despite Revenue Miss
Dell Technologies (DELL) has made significant headlines as its stock surged 8% recently, even though it fell short of revenue expectations in its fiscal Q3. Despite this, the stock is making strides towards its 100-day moving average, an essential marker for traders watching bullish signs. With earnings coming in at \(2.59 per share—outshining the expected \)2.47—investors are encouraged by the company’s robust earnings performance.
Why Dell’s Revenue Miss Doesn’t Spell Doom
One standout factor contributing to the resilience of Dell’s stock is the increase in the company’s full-year revenue guidance, now close to $112 billion, bolstered by strong artificial intelligence tailwinds. This situation suggests that Q3’s revenue shortfall might merely be a matter of timing, rather than a slowdown in demand for Dell’s offerings. Importantly, this outlook does not yet consider Dell’s partnership with Iren (IREN), creating a foundation for future growth.
Endorsements from Prominent Investors
Notably, Dell remains an attractive investment. CNBC’s Jim Cramer continues to champion Dell’s long-term value. He believes tariff concerns affecting Dell’s raw materials, such as semiconductors, are largely unfounded. According to him, the foresight of Michael Dell ensures strategic sourcing and optimal pricing, reinforcing Dell’s position in the data center and enterprise sectors. With a forward P/E under 15x, Dell offers an enticing opportunity, especially for AI enthusiasts.
Analysts Predict a Rosy Outlook
Wall Street concurs with Cramer’s assessment, maintaining a “Moderate Buy” rating for Dell, with projections reaching a price target of $200—indicating a 48% upside. Such optimism underlines Dell’s sustained potential as highlighted by its favorable relative strength index, which currently stands at 51.
Despite the firm’s current stock being down 20% from its peak, analysts agree that this upward journey toward breaking a key moving average is just beginning. According to Barchart.com, the bullish sentiment around Dell stock suggests promising prospects as we head into 2026.
Dell Technologies showcases the thrilling dynamics of the stock market where a revenue miss doesn’t entirely eclipse growth potential but rather serves as a pivot platform for future breakthroughs.
