Citi Lifts PT on Dell Technologies (DELL), Sees H2 Guidance as Prudent

Dell Technologies Inc. (NYSE:DELL) is one of the best booming stocks to buy according to hedge funds. On April 21, Citi lifted the price target on Dell Technologies Inc. (NYSE:DELL) to $235 from $180 and maintained a Buy rating on the shares. The firm sees strong order visibility for the company due to AI server momentum and improving storage execution, and views its second half of 2026 guidance as prudent.

For reference, in its financial results for fiscal Q4 2026 and full year fiscal 2026, Dell Technologies Inc. (NYSE:DELL) reported record full-year revenue of $113.5 billion, up 19% year over year, record full-year diluted earnings per share (EPS) of $8.68, up 36% year over year, and record full-year non-GAAP diluted EPS of $10.30, up 27%. It also reported record full-year cash flow from operations of $11.2 billion, and announced a cash dividend increase of 20% and a $10 billion increase in share repurchase authorization.

Dell Technologies Inc. (NYSE:DELL) also provided FY27 financial guidance, with a full-year revenue growth of 23% at the midpoint, diluted EPS growth of 33% at the midpoint, and non-GAAP diluted EPS growth of 25% at the midpoint.

Dell Technologies Inc. (NYSE:DELL) is a technology company that offers customers an innovative and broad solution portfolio to help customers address workforce transformation, modernize their information technology (IT) infrastructure, and offer critical solutions to keep organizations and people connected. Its operations are divided into the following segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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