The recent gains come as JP Morgan analysts have highlighted the company’s long-term capabilities in AI. They are particularly bullish on Dell’s AI server offerings for enterprise customers, seeing them as a key driver of future revenue growth.
Despite some “concerns” about margins and competition, the outlook remains positive, with more than three-quarters of analysts covering the stock, giving it a “buy” rating.
But Dell’s earnings report for the first quarter of this year raised concerns as it showed a double-digit decline in operating profit, leading to a temporary drop in its stock price.
Source: Ferra
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