Mizuho raises target to USD 650 for Dell Technologies stock

Dell Technologies Inc. (ISIN US24703L2025) was trading at EUR 505.25 at Lang & Schwarz on October 7, 2026 at 2:38 p.m. CEST, below the prior close of EUR 510.00. The latest analyst action came on October 6, 2026, when Mizuho raised its Dell target from USD 600.00 to USD 650.00 while retaining an Outperform rating, according to MarketBeat.

Mizuho lifts the valuation bar

Mizuho's USD 650.00 target is USD 50.00 above its previous USD 600.00 level. The action keeps the analyst view tied to Dell's artificial intelligence infrastructure demand rather than to the smaller daily move in the euro quote.

AI orders reshape the quarter

Dell's second-quarter fiscal 2027 revenue reached USD 46.97 billion, compared with USD 29.78 billion in the prior-year quarter. The company also reported diluted earnings per share of USD 6.34 and net income of USD 4.13 billion for the period ended July 31, 2026, according to Last10K.

The Infrastructure Solutions Group generated USD 31.80 billion of revenue, including USD 16.40 billion from AI-optimized servers. Dell also disclosed USD 60.90 billion in AI server orders and a USD 95.00 billion backlog for the quarter, making execution and supply capacity central to the valuation debate.

Euro quote stays below prior close

The Lang & Schwarz quote stood at EUR 505.25 on October 7, 2026 at 2:38 p.m. CEST, a minus 0.93 percent change versus the EUR 510.00 prior close dated October 6, 2026. On the NYSE, Dell's quoted currency is USD; MarketBeat listed a USD 110.22 to USD 595.51 52-week range and USD 351.0 billion market capitalization as of October 6, 2026.

The further course of trading is shown by the continuously updated real-time quote of Dell Technologies stock.

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