10 AI Stocks In The Spotlight For Investors

8. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 54

Dell Technologies Inc. (NYSE:DELL) is one of the 10 AI Stocks In The Spotlight For Investors. On October 8, Mizuho raised its price target on the stock to $170 from $160 while maintaining an Outperform rating. The rating affirmation follows Dell’s Analyst Day in New York City.

According to the firm, Dell boasts robust artificial intelligence momentum in Enterprise AI and sovereign AI segments with strong demand signals over the next 12-18 months.

The company has raised its financial targets for fiscal years 2026-2030. It now projects a 7-9% revenue compound annual growth rate (CAGR), with EPS increasing 15% year-over-year and an estimated 80% free cash flow return.

Dell’s Infrastructure Solutions Group (ISG) is poised to grow at an 11-14% CAGR, driven primarily by AI Servers leading at 20-25% CAGR. However, the firm believes that this forecast may be conservative owing to Dell’s involvement in at-scale AI deployments and its leads in Enterprise. An estimated 85% of customers deploy generative AI on-premises within two years.

Meanwhile, the company’s Client Solutions Group (CSG) revenue is projected to expand at a 2-3% annual rate, with Dell focusing on premium Commercial PC share gains.

Dell Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide.