Dell Technologies is set to report its fourth-quarter fiscal 2026 results on Feb. 26, 2026. Revenues are expected to be between $31 billion and $32 billion, with a mid-point of $31.5 billion, indicating 32% year-over-year growth. Non-GAAP earnings are projected at $3.50 per share, showing 31% growth year over year.

In the fiscal fourth quarter, Dell Technologies expects 34% growth for ISG and CSG combined, with ISG growing in the mid-sixties and CSG growing in the low to mid-single digits. The company anticipates shipping $9.4 billion worth of AI servers in the quarter, with AI server shipments expected to reach $25 billion for fiscal 2026.

Despite facing challenges in the PC market and competitive pressures, Dell Technologies’ stock is trading cheap with a forward 12-month P/S of 0.62X compared to the sector’s 6.48X. The company is also facing stiff competition from companies like Cisco Systems, Hewlett-Packard, and Super Micro Computers in the AI infrastructure space.

Investors should consider Dell Technologies’ strong position in AI-optimized servers and expanding partner network. However, declining consumer PC revenue remains a headwind. Dell Technologies currently has a Zacks Rank #4 (Sell), suggesting caution. The company’s long-term strength is supported by its innovation in AI infrastructure and positive earnings outlook.

Read more at Nasdaq.: DELL Gears Up to Report Q4 Earnings: Buy, Sell, or Hold the Stock?