DELL Exceeds Q3 Earnings Expectations, Year-over-Year Revenue Growth, Stock Prices Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2025
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Source: NASDAQ.COM
Dell Technologies Q3 Performance: Dell reported non-GAAP earnings of $2.59 per share for Q3 fiscal 2026, exceeding estimates by 4.44%, with revenues of $27.01 billion, an 11% year-over-year increase, driven by strong AI server demand.
Segment Revenue Insights: The Infrastructure Solutions Group (ISG) saw a 24% revenue increase to $14.10 billion, while services revenues declined by 5% to $5.75 billion. AI server shipments reached $5.6 billion in the quarter, with a healthy backlog of $18.4 billion.
Future Projections: For Q4 fiscal 2026, Dell anticipates revenues between $31 billion and $32 billion, indicating a 32% year-over-year growth, and expects full-year revenues of approximately $111.7 billion, reflecting a 17% increase.
Market Position and Comparisons: Dell holds a Zacks Rank #3 (Hold), while competitors like Advanced Energy Industries, Allot, and Amphenol are rated #1 (Strong Buy), showcasing significant year-to-date stock gains and promising earnings growth.
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Analyst Views on AEIS
Wall Street analysts forecast AEIS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AEIS is 234.38 USD with a low forecast of 190.00 USD and a high forecast of 300.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 269.120
Low
190.00
Averages
234.38
High
300.00
Current: 269.120
Low
190.00
Averages
234.38
High
300.00
About AEIS
Advanced Energy Industries, Inc. provides engineered, critical, precision power conversion, measurement, and control solutions to its customers. The Company designs, manufactures, sells, and supports precision power products that transform, refine, and modify the raw electrical power coming from either the utility or the building facility and convert it into various types of controllable, usable power that is predictable, repeatable, and customizable to meet the necessary requirements for powering a range of complex equipment. The Company's precision power products and solutions are designed to enable new process technologies, improve productivity, and provide critical power capabilities for its customers. Its support services include warranty and non-warranty repair services, calibration, upgrades, and refurbishments of its products. The Company’s products are sold in the Semiconductor Equipment, Industrial and Medical, Data Center Computing, and Telecom and Networking markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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