Dell Technologies (DELL) has received a “Strong Buy” rating from analysts due to increasing demand for AI servers and data infrastructure. The company’s stock has surged 33.8% year-to-date, outperforming the S&P 500 Index. In the second quarter of fiscal 2026, Dell reported revenue of $29.8 billion, a 19% increase driven by strong AI server demand. Dell’s AI story stood out with $5.6 billion in AI server orders and $8.2 billion in sales. The company raised its full-year guidance, forecasting revenue between $105 billion and $109 billion. Analysts have given Dell stock a “Strong Buy” rating, with an average target price of $164.58.

Overall, Dell Technologies is positioned well to capitalize on the growing global demand for AI hardware and services. Dell has demonstrated strong performance with double-digit ISG growth and record revenue and EPS. With its AI momentum and reasonable valuation, Dell is considered a solid AI stock to buy.

Read more at Barchart: This ‘Strong Buy’ Tech Stock Is Riding the AI Server Boom to New Highs