Why Dell Stock Surged Today

By Joe Tenebruso – Feb 27, 2026 at 7:39PM ESTKey PointsDell's sales and profits are growing quickly.Investors have larger dividends headed their way.Shares of Dell Technologies (DELL +21.93%) popped on Friday after the tech giant highlighted the soaring growth of its artificial intelligence (AI)-focused businesses. By the close of trading, Dell's stock price was up more than 21%. Image source: Getty Images. AI-powered gains Dell's revenue rose 39% year over year to $33.4 billion in its fiscal 2026 fourth quarter, which ended on Jan. 30. The personal computer (PC) maker is enjoying booming demand for its AI infrastructure. Sales of Dell's AI-optimized servers soared 342% to $9 billion. ExpandNYSE: DELLDell TechnologiesToday's Change(21.93%) $26.63Current Price$148.08Key Data PointsMarket Cap$80BDay's Range$136.11 - $148.8652wk Range$66.25 - $168.08Volume33MAvg Vol6.8MGross Margin20.68%Dividend Yield1.73% "The AI opportunity is transforming our company," chief operating officer Jeff Clarke said in a press release. All told, Dell's adjusted net income climbed 36% to $2.6 billion. Its adjusted earnings per share, boosted by stock buybacks, increased 45% to $3.89. A bullish forecast and a dividend hike Dell guided for full-year revenue to grow by 23% to approximately $140 billion in fiscal 2027. The company expects sales of its AI-optimized servers to more than double to $50 billion. Management also sees adjusted earnings increasing by 25% to $12.90 per share. This optimistic outlook prompted Dell to boost its cash dividend by 20% to $2.52. "We closed more than $64 billion in AI-optimized server orders, shipped more than $25 billion throughout the year, and are entering FY27 with a record backlog of $43 billion -- powerful proof that our engineering leadership and differentiated AI solutions are winning," Clarke said.Read NextFeb 17, 2026 •By Dave Kovaleski2 Top Bargain Stocks Ready for a Bull RunFeb 12, 2026 •By Jon Quast1 Reason to Buy Dell Technologies Stock Like There's No TomorrowDec 24, 2025 •By Harsh ChauhanForget Nebius Group Stock: This Quiet AI Leader Looks Like the Smarter Buy TodayDec 3, 2025 •By Harsh Chauhan1 Magnificent Artificial Intelligence (AI) Stock to Buy Before It Soars 28%, According to Wall Street AnalystsNov 26, 2025 •By Howard SmithWhy Dell Technologies Stock Rallied TodayNov 9, 2025 •By Harsh ChauhanCould This Be the Most Underrated AI Infrastructure Play of the Decade?About the AuthorJoe Tenebruso is a contributing Motley Fool stock market analyst with more than 3,000 financial bylines to his name. Joe was an investment analyst for Stock Advisor, Income Investor, Crypto Society, and other top-rated investing services. He also managed Tier 1 Investments, a market-crushing real-money portfolio with 24.58% annualized returns. Joe graduated summa cum laude from Rutgers University with a Bachelor of Science in Finance.tmfguardianX@Tier1InvestorStocks MentionedDell TechnologiesNYSE: DELL$148.08(+21.93%)+$26.63*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.