This comes during a day when technology stocks are generally performing well, with the Technology sector (XLK) up by 2.10%.Analysts expect strong fiscal Q1 2027 results driven by accelerating AI server demand and conversion of Dell's roughly $43 billion AI backlog.Dell also launched the PowerStore Elite storage platform, featuring AI-driven software, next-generation hardware, and up to 3x the performance of prior models. The company is targeting nearly $50 billion in AI revenue for fiscal 2027, reinforcing investor optimism around enterprise AI adoption and infrastructure spending.DELL Technical Analysis: Bullish Trend Above Key AveragesDell Technologies has shown impressive long-term performance, with a 12-month gain of 166.55%. The stock is trading at $303.15, well above its 20-day simple moving average (SMA) of $238.68, suggesting strong bullish momentum. The 50-day SMA is at $204.09, and the stock is trading 47.7% above this level, further confirming the upward trend.The 20-day SMA crossing above the 50-day SMA is a bullish signal, while the recent golden cross in March, where the 50-day SMA crossed above the 200-day SMA, suggests a strong long-term bullish outlook. DELL Earnings Preview And Analyst Price TargetsDell Technologies is set to report earnings on May 28, 2026 (confirmed).