Dell Technologies (NYSE:DELL) Shares Gap Up - Still a Buy?

Market Beat
2026.05.22 15:39
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Dell Technologies (NYSE: DELL) shares gapped up from $252.80 to $268.10, last trading at $289.49. Analysts are optimistic about strong AI server demand and potential earnings beats. Bank of America raised its price target to $270, while Zacks upgraded the stock to 'strong-buy'. Dell's quarterly earnings exceeded expectations, reporting $3.89 EPS and $33.38 billion in revenue. The company also increased its dividend to $0.63. Overall, sentiment remains positive ahead of the upcoming earnings report.