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Opening Bell

Earnings

Tuesday, September 1

Dell Technologies · Q2 FY2027

DELL · IT Hardware · AI Servers & PCs

Dell had an extraordinary quarter on AI-server demand: revenue rose 58% year over year to a record $47.0 billion, adjusted earnings of $7.04 per share beat estimates by 43%, and the quarter closed with a record $95 billion AI order backlog. Rather than the feared margin compression, gross margin expanded, and the company lifted its full-year revenue outlook to $192 billion from $167 billion. After a macro-driven 6.8% drop during the regular session, the stock jumped about 8% after hours on the results.

▲ Revenue 58%EPS + 43%▲ Stock 8.0%
91
BUY

Upcoming Earnings

MUSep 30 · After Close$32.21
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ACNOct 1 · After Close$3.21
ADBESep 10 · After Close$6.20
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Latest Earnings Analyses

AllThis WeekSemiconductorsTechnologyIndustrialsHealth CareMedia & TelecomEnergyConsumerMaterials
By DateBy ScoreBy Reaction
SymbolReportedRevenue · YoYEPS vs EstimateShare ReactionScoreVerdict
DELLQ2 FY2027Sep 1 · After Close47.0 B $ ▲ 58%$7.04 · + 43%▲ 8.0%91BUY
SNOWQ2 FY2027Sep 2 · After Close1.49 B $ ▲ 37%$0.62 · + 39%▲ 23.1%87BUY
AVGOQ3 FY2026Sep 2 · After Close29.6 B $ ▲ 86%$3.32 · + 3%▼ 4.0%86BUY
PANWQ4 FY2026Sep 1 · After Close3.41 B $ ▲ 34%$1.02 · + 4%▼ 1.8%83BUY

Analyses are published ~1 hour after a company reports.

To Understand This

Earnings Reports: What to Read, HowThe book opens once a quarter — and the market really only reads three lines.P/E and the Valuation RatiosYou can't tell whether a stock is cheap or expensive by looking at its price.