Wall Street analysts were quick to take notice of Dell (NYSE: Dale) Strong fiscal year (FY) 2027, first quarter (Q1) Profits And the most recent major military contract, which helped together stock It rose 33.42% to $423 in the May 29 extended session.
In fact, already in the pre-Friday market, as many as seven leading institutional experts Updated Their forecasts, with as many as five proving bullish.
Dell’s 12-month stock price target review provided by BarclaysTim Long was, without a doubt, the most visible among its peers, not only featuring a repeat ‘buy’ rating, but seeing an estimate upgrade from $168 to $550.
Piper Sandler’s James Fish and Raymond James’ Simon Leopold weren’t far behind in terms of volume, with the former offering an increase from $167 to $497 and the latter from $182 to $500.
Meanwhile, JP Morgan (New York Stock Exchange: JBM) Samik Chatterjee assigned a “buy” rating, issuing an upward revision from Dell stock’s previous $280 12-month price target to $500.
Aaron Ruckers, Wall Street expert from Wells Fargo (New York Stock Exchange: WFC), made the same recommendation while replacing the old Dell stock forecast of $270 with a new estimate of $505.
Dell’s huge profits have failed to impress Wall Street analysts
Elsewhere, KeyBanc broke with the crowd when its analyst marketed Dell shares as a “hold” without setting a price target for the shares.
Eric Woodring of Morgan Stanley (NYSE: Ms) was more bearish despite the tech company’s reported success, issuing a “sell” recommendation and forecasting a 46.38% decline from the latest closing price of $317.05 and a 59.81% crash from $423 at press time to $170 within 12 months.
Wooding has maintained a bearish outlook through several recent reviews, primarily citing risks later in calendar year 2026, including supply shortages and memory inflation.
DELL stock rose more than 33% thanks to big profits and a Department of Defense contract
An examination of the latest Dell stock performance reveals that after rising $146.92 year-to-date and 21.73% of the Donald Trump Latest indirect Company endorsement And the family behind it To its closing price on May 28, the tech giant rose another 33.42% to $423 in the run-up to the Friday morning bell.
The recent rally was driven by an earnings report that showed Dell significantly beat analyst expectations for revenue and earnings per share (EPS), and saw a 757% increase in AI (Amnesty International) Server related sales.
Moreover, the company published optimistic guidance for fiscal year 2027, in parallel with the US Department of Defense unveil A new contract worth $9.7 billion between the government and the company.
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