Dell Technologies (DELL) Releases Q3 2026 Results

Dell Technologies Inc. (NYSE:DELL) is one of the Most Undervalued Stocks to Buy Right Now. On November 25, the company released its Q3 2026 results, with record revenue of $27.0 billion, reflecting a rise of 11% YoY amidst the acceleration of AI momentum in H2 2026. This led to the record AI server orders of $12.3 billion and an unprecedented $30 billion in orders on a YTD basis.

Dell Technologies (DELL) Releases Q3 2026 Results

Dell Technologies Inc. (NYSE:DELL)’s EPS increased by 17% to $2.59, driven by improved profitability in AI and storage and continued operational scaling. The company’s five-quarter pipeline is multiples of its $18.4 billion backlog with a mix of neocloud, sovereign, and enterprise customers. The company continues to win in AI due to its unique ability to engineer bespoke high-performance solutions, rapidly deploy large, complex clusters, and offer global support.

Dell Technologies Inc. (NYSE:DELL) shipped $5.6 billion in AI servers during Q3 2026 for a total of $15.6 billion on a YTD basis. The company’s operating income grew 11% YoY to $2.5 billion or 9.3% of revenue, with the rise stemming from increased revenue and reduced operating expenses, partially mitigated by the decline in gross margin rate. For FY 2026, the company expects revenue between $111.2 billion – $112.2 billion, up by 17% YoY at the midpoint of $111.7 billion.

While we acknowledge the potential of DELL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DELL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.