Wall Street Backs Dell’s AI Strategy with Buy Ratings

Dell Technologies (DELL) is gaining fresh attention on Wall Street, thanks to its aggressive push into artificial intelligence, including AI-powered solutions tailored for enterprise clients. One such endorsement comes from Evercore ISI, which recently reiterated a Buy rating on DELL stock, highlighting its position in the evolving AI landscape.

Evercore Analyst Stays Bullish on DELL Stock

Evercore’s five-star-rated analyst Amit Daryanani remains confident in Dell’s strong position in the fast-growing AI market. Dell is using its technical know-how to meet the rising demand for AI tools that companies can run on their systems, which are now often cheaper than using cloud services. At its recent user conference, Dell introduced new AI-powered servers and improved AI support services.

Additionally, Daryanani highlighted Dell’s newly launched PowerEdge servers and AI-powered PCs that use the latest technology from Nvidia (NVDA) and AMD (AMD). They also work well with existing business data systems, making it easier for companies to upgrade. Overall, Daryanani believes these smart moves put Dell in a strong spot to benefit from the growing use of AI in businesses, supporting his Buy rating for the stock. However, Daryanani lowered the price target from $145 to $120.

Mizuho Expresses Optimism Over Dell’s Future

Similarly, Mizuho Securities’ top-rated analyst Vijay Rakesh maintained Buy while raising his price target on DELL stock from $140 to $145. Rakesh cited Dell’s strong position in the AI server market and a robust pipeline estimated at around $30 billion. Mizuho believes Dell is well-placed to capture more market share as demand for AI infrastructure continues to rise. Beyond the AI server opportunity, Mizuho expects Dell to benefit from a corporate and AI PC refresh cycle in the second half of 2025.

Is DELL Stock a Good Buy Now?

According to TipRanks, DELL stock has received a Strong Buy consensus rating, with 12 Buys and three Holds assigned in the last three months. The average Dell share price target is $129.76, suggesting a potential upside of 13.6% from the current level.

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