Dell Technologies (DELL) has the potential to post earnings per share of $19.01 in 2030, doubling the $8.14 it recorded in fiscal 2025, BofA Securities said in a note Friday.
The firm said it determined a base case for the company's potential EPS in 2030 based on its market share, pricing and operating margin assumptions.
BofA said that based on its assumptions, the company's EPS for 2026 is "worth" $11.39.
While it is "not underwriting" Dell earnings at that level, the analysis shows the discount Dell shares are trading at compared with their five-year earnings potential, the firm said.
BofA said it expects Dell and other IT hardware companies to benefit from the growth of enterprise/sovereign artificial intelligence in the next decade.
BofA raised its price objective on the company to $165 from $155 and maintained its buy rating.
Dell shares were up 4.9% in recent trading.
Price: 130.01, Change: +6.13, Percent Change: +4.94
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。