Dell Technologies Inc. (DELL) saw its price target raised by Goldman Sachs to $185 from $175, maintaining a “Buy” rating. The increase follows improved fiscal 2026 earnings guidance, stronger AI server demand, and better margin trajectory. The company also raised its F2026 EPS outlook and ISG revenue, anticipating further margin improvement.

AI server demand has increased across Tier 2 CSPs and higher-margin customers, with orders accelerating to $12.3 billion and margins improving sequentially. Dell has raised its F26 AI server outlook by $5 billion to $25 billion, expecting ISG margins to continue improving driven by server refresh and Dell-IP storage portfolio.

Despite consumer revenue weakness affecting CSG revenue and margins, Dell is benefiting from ongoing PC refresh cycles and Windows 11 upgrades. The company reassured investors on commodity inflation recovery, noting it can offset cost increases with supply-chain leverage. Dell provides IT solutions globally, including servers, storage, and personal computing devices.

Read more at Yahoo Finance: Dell’s Improved Earnings and AI Momentum Prompt Analyst Price Target Hike