By David Moadel
Publication Date: 2026-05-22 15:43:00
Actions of Dell Technologies (New York Stock Exchange: DELL | DELL Price Prediction) rose 15% in morning trading on Friday, leading a broad rally in AI server names. Hewlett Packard Company (New York Stock Exchange: HPE) is up 9%, while super microcomputer (NASDAQ:SMCI) is behind the pack with a 5% gain.
Dell shares opened as of Thursday’s close near $252.80 and rose to $290.55 intraday. A 15% move in a single day is unusual for a name with a market cap of ~$94 billion and signals real positioning conviction, not just sympathy buying.
The move comes a week before Dell reports fiscal first-quarter 2027 results.
Beat-and-Raise setup takes Dell to the next level
Dell is scheduled to report its fiscal first-quarter FY27 earnings on May 28. Bank of America released a preview earlier this week expecting an improvement in both revenue and EPS, along with an increase to FY27 guidance. Prediction markets agree, with Polymarket pricing a 94% chance that Dell will beat its non-GAAP EPS consensus of $2.95.
The setup is based on Dell’s Q4 explosion…