AXT Inc. (AXTI) on All-Time High Ahead of Earnings Outcome on Thursday

AXT Inc. (NASDAQ:AXTI) is one of the 10 Stocks Effortlessly Climbing Double-Digits.

Dell Technologies climbed to a new all-time high on Friday, as investors loaded portfolios ahead of the results of its earnings performance for the first quarter of fiscal year 2027.

In intra-day trading, the stock soared to its highest price of $298.32 before trimming gains to end the day just up by 16.77 percent at $295.19 apiece.

Photo by Mizuno K on Pexels

In a notice to investors, Dell Technologies Inc. (NYSE:DELL) said that it would release its financial and operating highlights during market hours on Thursday, May 28. A conference call will be held to discuss the results.

For the period, the company is expected to grow its revenues by 48 percent to 52.6 percent to a range of $34.7 billion to $35.7 billion, versus $23.4 billion in the same period last year. GAAP diluted earnings per share are projected to be at $2.55, or 86 percent higher than the $1.37 year-on-year.

For the full fiscal year 2027, revenues are projected to jump by 21.6 percent to 25 percent to a range of $138 billion to $142 billion from $113.5 billion year-on-year.

Earnings per share are pegged at $8.68, or a 36-percent jump from the $6.38 year-on-year.

While we acknowledge the risk and potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DELL and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1