Mizuho reiterates Buy for Dell Technologies stock

Published on 10/06/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dell raised fiscal 2027 revenue guidance to USD 192.00 billion. Dell Technologies stock costs EUR 494.38 on October 6, 2026 versus EUR 491.73.

Dell Technologies Inc., US24703L2025, Illustration mit AI erstellt.

Dell Technologies stock (ISIN US24703L2025) was trading at EUR 494.38 at Lang & Schwarz on October 6, 2026 at 11:07 a.m. CEST, up 0.54 percent versus the prior close of EUR 491.73. According to Markets Insider on October 5, 2026, Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating and set a USD 650.00 price target.

Mizuho keeps the Buy rating

The analyst action adds a fresh valuation reference after Dell's latest results. The USD 650.00 target is a separate U.S. dollar benchmark and does not replace the euro reference price used for German investors.

The same Markets Insider report said Dell generated USD 46.97 billion in revenue and USD 4.13 billion in net profit in the fiscal second quarter ended July 31, 2026, compared with USD 29.78 billion and USD 1.16 billion a year earlier.

AI orders reshape the growth case

Last10K.com reported that fiscal second-quarter 2027 diluted earnings per share reached USD 6.34, up 273 percent year over year, while non-GAAP diluted earnings per share rose 203 percent to USD 7.04. Operating cash flow was USD 2.2 billion for the period.

The filing also showed the scale of the infrastructure opportunity: AI server orders reached USD 60.9 billion, AI-optimized server revenue was USD 16.4 billion, and the ending AI server backlog was USD 95.0 billion. Dell's Infrastructure Solutions Group generated USD 31.8 billion in revenue, up 89 percent year over year.

Guidance reaches USD 192 billion

For fiscal 2027, Dell raised revenue guidance to USD 192.0 billion, up 69 percent year over year, while fiscal-year earnings per share guidance stood at USD 24.37 and non-GAAP earnings per share guidance at USD 25.50, according to Last10K.com. The guidance places execution on AI infrastructure demand at the center of the investment case.

Stock remains below the yearly high

Dell Technologies had a market capitalization of USD 366.7 billion as of October 5, 2026. The primary listing is on the NYSE under ticker DELL, and the company operates in the technology sector and computer hardware industry.

At Lang & Schwarz, Dell Technologies stock was trading at EUR 494.38 on October 6, 2026 at 11:07 a.m. CEST, plus 0.54 percent versus the prior close of EUR 491.73. The further course of trading is shown by the continuously updated real-time quote of Dell Technologies stock.