-
Posted by
Two Blokes Jul 4 -
Filed in
Stock
-
2 views
Dell's AI server order backlog surged to $14.4B in Q1 alone, nearly eclipsing last year's total and driving a record $49B consolidated backlog. Despite a rare EPS miss, robust AI server demand and efficient backlog conversion point to a strong revenue inflection over the next 12 months. Markets are overly focused on margin pressures, underappreciating Dell's earnings growth potential and the upside from a forward PE of just 13x.
