/Dell%20Technologies%20by%20Poetra_RH%20via%20Shutterstock.jpg)
Barclays elevated Dell Technologies (DELL) to an “Overweight” rating on Thursday. The investment firm cited the company's commanding position in AI server infrastructure and called its operational discipline “best in class” as the tech giant navigates surging demand for artificial intelligence hardware.
Analyst Tim Long maintained his $148 price target on DELL stock while expressing growing confidence in Dell's ability to balance rapid AI revenue growth with margin stability. The upgrade comes as Dell prepares to ship approximately $9.4 billion worth of AI servers in the fourth quarter alone, pushing full-year AI server revenue to around $25 billion. Long projects explosive growth continuing through fiscal 2027, modeling 155% expansion in AI orders for fiscal 2026, followed by 60% growth the following year.
