- Dell Technologies (DELL) reports record ISG revenue of $14.1 billion in Q3 of fiscal 2026, with a 24% YoY increase driven by AI server solutions and Dell-IP storage. Strong partner network, including collaborations with IREN and NVIDIA, propels growth. Q4 revenue expected between $31B-$32B, signaling 32% YoY growth.
- DELL faces tough competition from Super Micro Computer (SMCI) and Cisco Systems (CSCO) in the AI infrastructure space. Super Micro partners with AI companies for retail solutions, while Cisco integrates AI across product portfolios. Cisco expects $3B in AI infrastructure revenues from hyperscalers in fiscal 2026.
- Dell Technologies (DELL) shares have underperformed the Computer & Technology sector but are considered cheap with a forward 12-month Price/Sales of 0.59X. Zacks Consensus Estimate for fiscal 2026 earnings is $9.95 per share, indicating 22.24% YoY growth. DELL currently holds a Zacks Rank #3 (Hold).
- Zacks Investment Research highlights a top stock pick with potential to double, recommended by Research Chief Sheraz Mian. Check out their other top recommendations for the next 30 days. For more information and free reports on Cisco Systems (CSCO), Dell Technologies Inc. (DELL), and Super Micro Computer, Inc. (SMCI), visit Zacks Investment Research.
Read more at Nasdaq: DELL’s Strong Partner Network Drives Up ISG Growth: What’s Ahead?