Prediction: Will Dell Hit $500 This Year?

Dell Technologies (NYSE:DELL) has staged 1 of the astir melodramatic comebacks of the AI cycle, with shares up 235.68% twelvemonth to day done June 17. The question present is whether the rally has further to run, oregon whether the casual wealth is already successful the rearview.

Our 24/7 Wall St. terms people for Dell points to $489.60 implicit the adjacent 12 months, which falls conscionable shy of the psychologically important $500 people but inactive implies meaningful upside.

24/7 Wall St. Price Target Summary

Our basal lawsuit sits beneath $500, but the bull lawsuit successful our exemplary reaches $510.57, meaning a $500 people this twelvemonth is precise overmuch successful play if execution holds.

From $114 to $419 successful One Year

Dell has gained 267.31% implicit the trailing 12 months and different 76.16% successful the past period alone.

The catalyst was Q1 FY27 net connected May 28, 2026, erstwhile gross deed $43.84 billion, up 87.5% twelvemonth implicit year, and non-GAAP EPS came successful astatine $4.86, beating statement by 63.99%. AI-optimized server gross unsocial reached $16.13 billion, a 757% surge, and Dell booked $24.4 cardinal successful AI orders successful the quarter.

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Reddit sentiment shifted sharply bullish aft the report, with 1 wide shared station noting "Dell +40% after-hours aft gross surged 88% YoY to $43.8B". A consequent $1.4 cardinal Microsoft (NASDAQ:MSFT) woody disclosed June 16 reignited the bid.

The Case for $500+

Dell raised FY27 gross guidance to $165 cardinal to $169 billion, with non-GAAP EPS guided to $17.90 astatine the midpoint, up 74%. AI server gross is expected to deed $60 billion, up 144%.

Jim Cramer flagged the displacement connected June 1, noting Dell was selling for lone 8 times guardant net earlier its run. Of 26 covering analysts, 18 complaint Dell Buy oregon Strong Buy, with a statement people of $483.83. If Dell holds a 27x aggregate connected FY27 EPS, the bull-case way to $510.57 looks credible.