Dell Stock Gains 4% on BofA AI Outlook

Bank of America reiterated a Buy rating on Dell Technologies, citing strong AI infrastructure demand, causing a 4% pre‑market rally.
Dell expects revenue from AI‑optimized servers to double by fiscal 2027 and reported Q4 infrastructure solutions revenue of $19.60 bn, up 73%.
BofA projects EPS to reach $15.42 by 2027 and forecasts significant free‑cash‑flow growth, raising Dell’s valuation multiple.
Dell says its scale and supplier relationships mitigate memory and semiconductor shortages, ensuring sufficient supply to meet forecasts.