Dell Technologies Surges to 55th in Trading Volume with $1.432 Billion Turnover Amid AI Hype

On July 18, 2025, Dell Technologies (DELL) saw a significant surge in trading volume, with a total turnover of $1.432 billion, marking a 208.19% increase from the previous day. This surge placed Dell at the 55th position in terms of trading volume for the day. The stock price of Dell also rose by 5.94%, marking the second consecutive day of gains, with a total increase of 6.21% over the past two days.

Bank of America Securities has raised its price target for Dell Technologies, increasing it from $155 to $165. This adjustment comes as the investment bank anticipates strong earnings growth driven by the increasing demand for artificial intelligence. The bank reiterated its Buy rating on Dell, citing the potential for significant growth in the enterprise AI sector.

Analysts at Bank of America Securities, including Wamsi Mohan, have highlighted the potential for Dell's earnings per share (EPS) to double by 2030. This optimistic outlook is based on the expected boom in AI adoption, which is projected to drive a 12% increase in Dell's topline over the next five years. The bank's positive stance on Dell's future performance has contributed to the recent surge in the company's stock price.