why is DELL "Consensus Rating "Buy""

The consensus rating for Dell Technologies (DELL) is "Buy" due to several factors that indicate potential for growth and strong performance in the market:

1. AI and Technology Momentum: Dell is benefiting from strong demand for AI servers, which is a key growth driver amid the ongoing digital transformation and interest in generative AI applications. The company has executed well in the AI space, with AI orders exceeding the entirety of FY 2025 shipments and a backlog valued at $14.4 billion.
2. Strategic Partnerships and Innovation: Dell's Partner First strategy for storage and data protection has enhanced collaboration with channel partners, leading to significant revenue growth and a 5X increase in storage partner of record accounts. Additionally, the company's focus on innovation, as seen in its AI-powered PCs and advancements in data storage, positions it well for future success.
3. Financial Performance and Analyst Confidence: Dell has demonstrated robust financial performance with a 37.6% year-over-year increase in net income and a 5.1% rise in quarterly revenues compared to the previous year. Analysts covering DELL have increased their second-quarter EPS estimates by 14%, reflecting confidence in the company's continued earnings momentum.
4. Market Position and Growth Prospects: Dell is one of the top-ranked companies in the AI and technology sectors, with a strong market presence and a projected revenue range of $101.0 billion to $105.0 billion for FY 2026, reflecting an 8% year-over-year rise. The company's stock has outperformed the S&P 500 in certain periods, and analysts see a potential upside of 14.76% from the current price.

These points contribute to the "Buy" consensus rating, indicating that analysts believe Dell Technologies has strong growth potential and is well-positioned for future success in the AI and technology markets.