Evercore ISI Maintains an Outperform rating on Dell Technologies Inc. (DELL)

Dell Technologies Inc. (NYSE:DELL) is one of the 7 Cheapest AI Data Center Stocks to Buy Now.

On March 26, 2026, Evercore ISI analyst Amit Daryanani raised his price objective for Dell Technologies Inc. (NYSE:DELL) to $205 from $160 while maintaining an Outperform rating on the stock. The analyst noted various market drivers, including expectations of increased CPU-driven server demand, investor positioning around anticipated Nvidia supply reallocation following DOJ-related reports on Super Micro, and a divergence between OEM and memory stocks as DRAM and NAND prices fell. He also cited Google’s TurboQuant announcement as a sign of future efficiency advancements that might lower memory intensity in AI workloads and improve cost dynamics for manufacturers.

On March 17, 2026, Reuters reported that Dell Technologies Inc. (NYSE:DELL) reduced its staff by around 10% in fiscal 2026, laying off approximately 11,000 employees and lowering its headcount to around 97,000 from 108,000 the previous year. Severance payments reached $569 million, down from $693 million the previous year, as the corporation limited external hiring to save money. The firm said its AI-optimized server business should double sales in fiscal 2027, and it announced a 20% increase in cash dividends as well as an additional $10 billion share repurchase program.

Evercore ISI Maintains an Outperform rating on Dell Technologies Inc. (DELL)

Photo from Dell website

Dell Technologies Inc. (NYSE:DELL) is a technology company. It offers customers a diverse and innovative solution portfolio to help them modernize their information technology infrastructure, address workforce transformation, and provide critical solutions that keep people and organizations connected.

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