Here Are Thursday’s Top Wall Street Analyst Research Calls: Broadcom, Deere & Company, Dell Technologies, Devon Energy, Moderna, Permian Resources, PG&E, Thermo Fisher, Viper Energy, and More

Dell Technologies reported Q2 2027 earnings with revenue of $46.97B, up 57.8% YoY, and adjusted EPS of $7.04, surpassing estimates. AI server orders reached $60.9B. The stock rose 9% in extended trading. Full-year guidance was raised to $192B in revenue and $25.50 in adjusted EPS.

Dell Technologies (DELL) shares hit a 52-week high of $530.78, up 18% in the past month and 310.2% year-to-date. The company reported EPS of $7.04 in its last earnings report, beating estimates. Analysts expect earnings of $20.48 per share for the current fiscal year. Dell has a Zacks Rank of #1 (Strong Buy) and a VGM Score of B. HP Inc. (HPQ) is also highlighted as a strong performer in the industry.

California scrapped a wildfire liability overhaul, leaving utility credit ratings at risk. PG&E and Southern California Edison bonds and stocks were affected, with S&P warning of potential downgrades. The original proposal included a liability cap and was seen as credit supportive, but the revised bill was deemed insufficient. The issue will be left to the next governor, with Moody's warning of higher electricity rates and economic competitiveness challenges.

Broadcom (AVGO) reported Q3 AI semiconductor revenue of $16.7B and forecasted Q4 revenue of $34.8B, up 93% YoY. The company expects AI semiconductor revenue to grow to $21.7B in Q4, $58B in 2026, $115B in 2027, and $230B in 2028. Broadcom also highlighted strong demand for its AI networking portfolio and infrastructure software, with Q3 software revenue up 29% YoY.

Dell Technologies (DELL) reported adjusted earnings of $7.04 per share, exceeding estimates, and raised its full-year outlook. Revenue reached $46.97 billion, up 58% year-over-year. Shares surged 15% on Sep. 2 and 4.9% on Sep. 3. Dell expects fiscal third-quarter earnings of $6.50 per share on revenue of $49 billion, well above analyst expectations. The company cited record AI server demand and secured a $9.7 billion U.S. military contract. Citi raised its price target to $600 from $515, maintai

Broadcom reported a 221% surge in AI chip sales to $16.7 billion last quarter, with overall revenue up 86% and EPS up 96%. The company expects Q4 revenue of $34.8 billion, slightly below analyst estimates. Despite strong growth, the stock has underperformed in 2026. Key clients include Alphabet, Meta, and OpenAI.