By Helena Cheng
Publication Date: 2026-05-29 12:42:00
Dell Soars After Delivering Spectacular Quarterly Results, Boosting Full-Year Guidance
Dell is hanging on to its spectacular gains, up almost 40% in early trading action on Friday, after reporting blockbuster quarterly results and significantly raising its full-year guidance yesterday afternoon.
For the first quarter of fiscal 2027, the PC and server company reported:
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Net income of $43.8 billion (compared to analyst estimates of $35.5 billion and a forecast of $35.2 billion, plus or minus $500 million).
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Adjusted earnings per share of $4.86 (estimate: $2.99, guidance: $2.90).
Management now forecasts full-year sales of about $167 billion (plus or minus $2 billion), up significantly from its previous outlook of $140 billion. This figure is well above the $142 billion expected by analysts.
The final boost is even bigger, with the midpoint of its adjusted EPS guidance at $17.90, up from $12.90 previously (estimate: $13.14 billion).
Dell has undergone a major transformation under the hood thanks to AI…
