Dell stock price jumps 22% on AI server forecast — what to watch when markets reopen
Dell shares jumped 21.9% Friday after the company raised its fiscal 2027 outlook, citing a $43 billion AI server backlog and higher capital returns. Fourth-quarter revenue rose 39% to $33.38 billion, with AI-optimized server revenue up 342% to $9 billion. Dell forecast fiscal 2027 revenue of $138–$142 billion. The stock closed at $148.08, with 33.3 million shares traded.