One of Trump's Favorite Stocks Just Reported Blowout Earnings

Dell Technologies Inc., one of President Trump's favored stocks, recently released its Q2 2027 earnings report, which significantly exceeded market expectations. The company reported record revenue of $46.97 billion and earnings per share (EPS) of $7.04, marking a 200% year-over-year increase. This performance was driven by robust demand for AI servers, with a revenue of $16.4 billion alone.

Over the past year, institutional investors poured $92.48 billion into Dell, outpacing the 602 sellers with a total outflow of just over $3 billion.

President Trump has publicly endorsed Dell Technologies, even disclosing a personal stake in the company. He has publicly encouraged Americans to buy Dell computers, citing the stock's performance as a key reason. In his June 30 financial disclosure, Trump confirmed his position as a shareholder with holdings valued at $1 million to $5 million. The company's support from the Trump administration also includes a $6.25 billion personal pledge for Trump Accounts, an investment plan for children under 18.

Following the earnings report, multiple Wall Street analysts raised their price targets for Dell, with some analysts raising the stock's target price to $500 and beyond. The stock carries a Moderate Buy rating, with an average 12-month price target suggesting over 11% upside from its current price. Institutional ownership is strong, with 1,031 institutional buyers injecting $92.48 billion into Dell over the past year, contrasting sharply with the 602 sellers' outflows.