Dell stock soars on earnings beat as company navigates memory shortage

Dell Shares rose 19% on Friday after the company beat fourth-quarter estimates and issued strong guidance, as a lack of historical memory weighs on prices in the sector.

Dell reported it was fixed earning At $3.89 per share, it beat the $3.53 per share expected by analysts surveyed by LSEG. The company reported revenue of $33.38 billion for the quarter, beating estimates of $31.73 billion.

The company estimates fiscal 2027 revenue will be between $138 billion and $142 billion, beating the $124.7 billion Factset expected.

Dell expects revenue from AI servers to more than double from the previous year to $50 billion in 2027.