Dell Technologies Inc.

DELL

Bullish$587.15+3.50%3D · 2026-09-16

SettledOpen DELL

Predicted move

+3.50%

Target $587.15

Actual move at settlement

-0.71%

Confirmed close $563.29

Both measured from $567.29 on 2026-09-11 · Target close 2026-09-16

Direction missed

Actual -0.71%Move error 4.21 pp10 / 100 points

How this is scored

Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.

Thesis

Oracle (Sep 10 AMC) reiterated FY27 CapEx $90-$95B; CFO Maxson said spend flows to AI racks/cooling/networking vendors and named Dell. Sep 11 DELL closed $567.29 (+12% from $506.62) at a record on elevated volume, with AH still +0.3%. Dell already carries a record AI server backlog (~$11.7B cited mid-session / company Q2 also flagged massive AI orders) after raising FY27 revenue outlook to $192B. Expect the Oracle read-through to digest higher over the next 3 sessions into Fed week rather than fully reverse the breakout. Invalidation: break back through the Sep 11 open ~$517 / prior close $506.62 on heavy volume, or AI-capex funding skepticism overwhelming the vendor bid.

Chart

Full chart

Reference chart may include later prices. Settlement uses the confirmed target-date close above.

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