New York, February 11, 2026, 14:17 ET — Regular session
- Dell Technologies slipped roughly 2.3% in the afternoon, giving back some of the ground it picked up on Tuesday.
- Dell has added Nutanix support to its Private Cloud platform. An SEC filing also reveals an executive’s first batch of holdings.
- Next up: fiscal Q4 results on Feb. 26, with investors zeroed in on AI-server demand and margin updates.
Dell Technologies Inc slipped $2.89, or 2.3%, to $123.12 on Wednesday, paring gains from the day before. Shares bounced between $128.03 and $122.35 in the morning hours.
Shares slipped as Dell pushes to expand beyond its PC roots, aiming to bolster its enterprise narrative. On Tuesday, Dell announced that its Private Cloud platform now works with Nutanix’s AHV hypervisor — joining VMware and Red Hat on the list of supported virtualization tools. Customers can already use Dell PowerFlex storage, and PowerStore integration is expected later this summer. 1
The company’s next big update is just around the corner. Dell will release its fiscal 2026 fourth-quarter numbers on Feb. 26 at 3:30 p.m. CST. Investors typically watch this for signals on hardware budgets and demand for premium servers. 2
Interest rates barely budged. January’s U.S. payrolls added 130,000 jobs—outpacing forecasts—and Treasury yields climbed in response, according to Reuters data. “This likely pushes out the concept of a rate cut well into the second quarter,” said Art Hogan, chief market strategist at B Riley Wealth. 3
Other hardware stocks caught a downdraft. HP Inc shed close to 1%. Hewlett Packard Enterprise dropped by around 2%. Super Micro Computer, which makes AI servers, slid about 4%. Nvidia, on the other hand, tacked on nearly 2%.
Dell climbed 4.22% Tuesday, wrapping the session at $126.01, according to MarketWatch data. Despite some sharp moves later in the week, shares are still trading roughly 25% under their 52-week peak of $168.08 from Nov. 3. 4
Another filing hit the wire: a Form 3 landed with the U.S. Securities and Exchange Commission on Feb. 10, showing Peter Trizzino—named as president of global sales—disclosed initial beneficial ownership of 98,382 unvested restricted stock units. These RSUs, which typically vest over time, were reported as required when an executive first comes under insider reporting rules. 5
Dell has been relying on its AI servers—those top-tier machines powering AI model training and deployment—to make up for weakness elsewhere in its hardware business. Back in November, the company bumped its fiscal 2026 AI server shipment revenue target to $25 billion, with its AI server backlog hitting $18.4 billion. “We have not seen costs move at the rate we’ve seen,” COO Jeff Clarke told analysts. 6
Still, that AI-heavy product mix can tighten margins, particularly as component costs shift and competitors chase after the same big data center contracts. Dell has warned before: pricier AI servers can drag on profits, even if demand stays solid. 7
Now the focus shifts to Dell, which reports on Feb. 26, as investors look to see if private-cloud upgrades and stronger AI-server sales will translate into tidier results. Yields are on the radar as well. The stock hasn’t required much prompting lately.
