<div id="readability-page-1"><p>Dell Technologies (DELL) just received a major endorsement from Morgan Stanley. The firm's analyst Erik Woodring upgraded the stock to Equal Weight (Neutral) from Underweight (Sell) and more than doubled his price target to $448 from $170, saying his earlier concerns about Dell had proven incorrect. &#34;Clearly our prior thesis was wrong,&#34; he wrote after the company's strong Q1 earnings report.</p><h3>Claim 55% Off TipRanks</h3><ul><li>Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.  </li><li>Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter </li></ul> <p>For context, Dell is a global technology company that sells personal computers, servers, data storage systems, networking products, and IT infrastructure solutions. For Q1 FY27, the company reported earnings per share of $4.86, well above Wall Street expectations of $2.94. Meanwhile, revenue came in at $43.84 billion, easily beating analyst estimates of $35.43 billion.</p> <h2><strong>Why Morgan Stanley Changed Its View on Dell</strong></h2> <p>The 5-star analyst said Dell's latest earnings report and recent industry checks showed the company is handling supply chain constraints better than expected, easing one of his biggest concerns. He also believes Dell is gaining share in several markets, including AI infrastructure and traditional enterprise hardware.</p> <p>According to the analyst, Dell is benefiting from strong demand for AI servers while also winning more business from enterprise customers. He added that the company has been able to use its pricing power effectively and may even be gaining server orders from some cloud customers.</p> <p>Those trends are helping offset rising component costs and are driving what Woodring believes could be Dell's strongest year of revenue and earnings growth since returning to the public markets in 2018.</p> <p>Still, Woodring did not turn outright bullish on the stock. While he praised Dell's recent execution, he said it remains unclear how long the current surge in AI and enterprise spending will continue. As a result, he prefers to remain on the sidelines for now.</p> <h2><strong>Is DELL Stock a Good Buy Now?</strong></h2> <p>Turning to Wall Street, analysts have a Moderate Buy consensus rating on Dell stock based on 14 Buys and six Holds assigned in the past three months. The average DELL stock price target of $427.35 per share implies 1.53% upside potential.</p></div>

$Dell Technologies(DELL.US) posted FY27 Q1 revenue +88% YoY, with AI server revenue surging 757%. Full-year guidance was raised to $167bn, sending shares soaring 38% after-hours — the market is repricing DELL as a core 'AI infrastructure play.' The AI buildout wave is spreading fast: peer Super Micro Computer(SMCI.US) rallied in sympathy after-hours, while $Lenovo Group(00992.HK) has surged nearly 70% since May. The AI infrastructure rally looks just getting started — which AI infra name are you backing?&nbsp;

<p>$Dell Technologies(<a href="http://DELL.US">DELL.US</a>) posted FY27 Q1 revenue +88% YoY, with AI server revenue surging 757%. Full-year guidance was raised to $167bn, sending shares soaring 38% after-hours — the market is repricing DELL as a core 'AI infrastructure play.' The AI buildout wave is spreading fast: peer Super Micro Computer(<a href="http://SMCI.US">SMCI.US</a>) rallied in sympathy after-hours, while $Lenovo Group(<a href="http://00992.HK">00992.HK</a>) has surged nearly 70% since May. The AI infrastructure rally looks just getting started — which AI infra name are you backing?&nbsp;</p>

AI Infrastructure Boom! Dell Orders Hit $24.4bn!

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<p>Morgan Stanley analyst Erik Woodring admitted his previous bearish thesis on Dell Technologies was wrong, upgrading the stock to Equal Weight and raising the price target from $170 to $448. This change follows Dell's strong Q1 FY27 earnings, which significantly beat expectations in both EPS and revenue. The analyst cited improved supply chain management, gaining market share in AI infrastructure and enterprise hardware, and effective pricing power as key drivers for potential record growth.</p>

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Morgan Stanley Admits It Was Wrong on Dell Stock (DELL)