Dell lifts AI‑server revenue forecast, shares jump over 4% on strong order backlog
Dell Technologies announced record AI‑server orders of $60.9 billion and quarterly AI‑server revenue of $16.4 billion, ending the period with a $95 billion backlog. The company raised its fiscal‑2027 AI‑server revenue outlook to $74 billion and its full‑year revenue guidance to about $192 billion. The news sent Dell’s stock up between 3.7% and 4.6% to roughly $562‑$566 per share. Dell was also added to the S&P 100 on September 21, which may boost index‑linked demand.
Why it matters
The higher AI‑server revenue forecast signals accelerating demand for enterprise AI infrastructure, which could drive Dell’s top‑line growth and improve cash generation, according to the company’s guidance (material [1]). Investors may re‑price the stock to reflect the expanded revenue base, as reflected in the 3.7‑4.6% price rise (materials [2],[3],[4]).
Key facts
- 1Dell reported record AI‑server orders of $60.9 billion in its latest quarter. quiverquant.com
- 2AI‑server revenue for the quarter was $16.4 billion. quiverquant.com
- 3The AI‑server backlog at quarter end was $95 billion. quiverquant.com
- 4Dell raised its fiscal‑2027 AI‑server revenue forecast to $74 billion. gurufocus.com
- 5Full‑year fiscal‑2027 revenue guidance was increased to about $192 billion. quiverquant.com
- 6Dell’s shares rose 3.7% to $561.73 on Oct 2 2026. news.jkn.co.kr
Summary written by AlphAI from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.