Visitors watch a hologram at the stand of Dell Technologies Inc., at the MWC (Mobile World Congress), the world’s biggest mobile fair, in Barcelona on March 5, 2025.
Josep Lago | AFP | Getty Images
Shares of Dell Technologies climbed 5% Tuesday after the company increased its long-term revenue and profit growth expectations in a meeting with analysts.
The computer maker said it now expects fiscal 2026 revenue to expand between 7% and 9%, an increase from its prior forecast of 3% to 4%, which it gave in August.
For the full year, it now expects diluted earnings per share to grow at least 15%, compared with its previous expectations for growth of 8% or better.
Dell said it was raising its guidance as it capitalizes on “the unprecedented pace of change in technology,” particularly in artificial intelligence. The company added that its engineering, deployment, ecosystem and other services “position it as the AI infrastructure solutions leader.”
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