--- title: "Dell Stock Gains as Super Micro, Lenovo Beat Expectations" type: "News" locale: "en" url: "https://longbridge.com/en/news/295835460.md" description: "Dell Technologies shares hit a new all-time high, driven by strong performance in the server hardware sector. Positive earnings reports from peers Super Micro Computer and Lenovo bolstered investor sentiment. Dell's stock rose 2.46% to $496.43, trading significantly above its key moving averages with technical indicators suggesting continued upward momentum." datetime: "2026-08-13T18:40:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295835460.md) - [en](https://longbridge.com/en/news/295835460.md) - [zh-HK](https://longbridge.com/zh-HK/news/295835460.md) --- # Dell Stock Gains as Super Micro, Lenovo Beat Expectations **Dell Technologies Inc**. (NYSE:DELL) shares are trading higher Thursday, touching a new all-time high, as strength across the server hardware sector lifts the stock following upbeat results this week from Super Micro Computer and Lenovo. - Dell Technologies shares are testing new highs. Why are DELL shares at highs? ## Super Micro’s Earnings Beat Sets the Tone Dell’s climb to a fresh all-time high Thursday comes on the back of a strong week for server hardware makers more broadly. **Super Micro Computer Inc** (NASDAQ:SMCI) kicked off the sector’s momentum Tuesday, reporting fourth-quarter earnings of $1.70 per share, far above the 62-cent consensus estimate, according to Benzinga Pro data. Revenue came in at $11.12 billion, short of the $12.33 billion analysts expected but nearly double the $5.76 billion the company posted a year earlier. Super Micro’s outlook for the current quarter topped estimates as well. The company guided to first-quarter adjusted earnings of $1.01 to $1.10 per share, above the 72-cent analyst estimate, and revenue of $14.5 billion to $15.5 billion, well ahead of the $12.02 billion analysts had modeled. ## Lenovo Adds to the Sector’s Strength Two Days Later Super Micro’s report wasn’t the only sign of health in the server hardware space this week. **Lenovo Group Ltd** (OTC:LNVGY) followed Thursday with its own record quarter, posting first-quarter group revenue of $26.9 billion, up 43% year-over-year and the strongest quarterly figure in the company’s history. Adjusted net income rose 176% to $1.1 billion, surpassing $1 billion for the first time, while AI-related revenue climbed 60% to $9.3 billion, now making up 35% of total group revenue. ## DELL’s Trend is Extended — And That’s the Point Dell shares are trading 15.6% above their 20-day average price of $431.63 and 18.6% above their 50-day average of $420.83. The gap widens further out, with shares running 53.9% above the 100-day average of $324.21 and 118.7% above the 200-day average of $228.20. Thursday’s high of $514 pushed the stock to a new all-time high, well above its prior 52-week range of $110.22 to $485.70. The stock’s broader trend structure still favors buyers. Its 20-day average remains above its 50-day average, and a golden cross from March, when the 50-day average climbed above the 200-day average, continues to underpin the uptrend. Dell has moved past its most recent swing low from June and its swing high from August, putting the stock in breakout mode, a phase where whether buyers keep pushing the price higher matters more than the initial move itself. The MACD indicator is reinforcing that picture, sitting above its signal line with a positive histogram that points to strengthening momentum. Traders are watching $500 as a resistance level just above the current price, and $431.63, in line with the 20-day average, as the support level likely to be defended first if the stock pulls back. ## DELL Shares Are Climbing **DELL Price Action:** Dell shares were up 2.46% at $496.43 at the time of publication on Thursday. The stock is trading at a new 52-week high, according to Benzinga Pro. **Read Also: Stock Of The Day: Did Dell Break Out?** _Image: mrinalpal/Shutterstock.com_ ### Related Stocks - [SMCI.US](https://longbridge.com/en/quote/SMCI.US.md) - [DELL.US](https://longbridge.com/en/quote/DELL.US.md) - [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md) - [SMCL.US](https://longbridge.com/en/quote/SMCL.US.md) - [SMCZ.US](https://longbridge.com/en/quote/SMCZ.US.md) - [DLLL.US](https://longbridge.com/en/quote/DLLL.US.md) - [SMCX.US](https://longbridge.com/en/quote/SMCX.US.md) - [SMCY.US](https://longbridge.com/en/quote/SMCY.US.md) - [SMYY.US](https://longbridge.com/en/quote/SMYY.US.md) - [SMCC.US](https://longbridge.com/en/quote/SMCC.US.md) - [00992.HK](https://longbridge.com/en/quote/00992.HK.md) - [80992.HK](https://longbridge.com/en/quote/80992.HK.md) ## Related News & Research - [Dear Dell Stock Fans, Mark Your Calendars for September 3](https://longbridge.com/en/news/295803616.md) - [Super Micro Computer Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call](https://longbridge.com/en/news/295525376.md) - [Lenovo Group ADR GAAP EPS of -$5.04, revenue of $26.94B beats by $4.5B](https://longbridge.com/en/news/295743986.md) - [Lenovo Group: Record revenue and net income driven by surging AI-related growth across all segments](https://longbridge.com/en/news/295755276.md) - [Lenovo to redeem outstanding US$449.96 million convertible bonds on Sept. 16](https://longbridge.com/en/news/296085574.md)