{
  "id": 7600026,
  "title": "Dell Technologies (DELL) Rallies on Bullish RBC Outlook: Is the Stock a Buy?",
  "url": "https://urgent.news/2026/09/15/dell-technologies-dell-rallies-on-bullish-rbc-outlook-is-the-stock-a",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T16:57:22.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/dell-technologies-dell-rallies-bullish-165722821.html"
  },
  "original_language": "en",
  "account": "On September 11, Dell Technologies Inc. (NYSE:DELL) experienced a significant rally, with its shares surging more than 11% following RBC Capital Markets' initiation of coverage with an Outperform rating and a price target of $640. This follows an already strong year for the company, which has seen its stock increase by over 300% so far in 2026. Dell Technologies Inc. (NYSE:DELL) has become a leading vendor in Nvidia-based servers and related equipment, capitalizing on the growing demand for AI infrastructure from both cloud companies and enterprises. RBC analyst David Paige stated in a note that the company continues to be well-positioned to benefit from a multi-year AI infrastructure spending cycle, highlighting Dell Technologies Inc. (NYSE:DELL)'s best-in-class supply chain as a competitive advantage during periods of supply disruption. The company currently has a record $95 billion worth of server orders in its backlog, with $16.4 billion in AI server revenue recognized in the second quarter. Dell Technologies Inc. (NYSE:DELL) reported better-than-expected Q2 results and increased its fiscal full-year revenue outlook by $25 billion to $192 billion. The speed and cost of converting this large backlog into delivered servers and revenue will be crucial in determining the stock's future performance. Hedge fund interest in Dell Technologies Inc. (NYSE:DELL) has increased, with 77 hedge funds holding positions in the company as of August 31, up from 72 in the first quarter. The stock currently trades at about 22 times forward earnings, while its trailing price-to-earnings ratio stands at 33. Despite the potential for AI infrastructure growth, Dell Technologies Inc. (NYSE:DELL) faces execution risks and challenges in managing inventory, cash flow, and supply-chain issues.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}