Dell's revenue expectations exceed expectations, stock price surges.

Personal computer manufacturer Dell Technologies' stock price rose 11% to $134.25 after hours. The company expects revenue for the 2027 fiscal year to exceed expectations, betting on growth in artificial intelligence optimized server demand. The company anticipates full-year revenue of $138 billion to $142 billion, higher than the expected data of $125.54 billion compiled by LSEG; projected adjusted earnings per share of $12.90, higher than the expected $11.59; and announced a $100 billion stock buyback plan, along with a 20% increase in cash dividends. The company's stock price rose 9.2% in 2025.