Dell shares surged 16.8% to a record $298 after fiscal Q1 2027 earnings crushed estimates with $4.86 EPS and a record $51.3B AI backlog.

Dell stock rises ahead of earnings as AI demand, analyst upgrades, and new product launches boost optimism.

May 28 : Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is fueling demand for its AI-optimized servers that are…