Dell Technologies +11% After Morgan Stanley Raises Price Targets
Dell Technologies +11% After Morgan Stanley Raises Price Targets
$Dell Technologies (DELL.US)$ shares climbed 11% after Morgan Stanley analyst Erik Woodring raised the price target from $128 to $152, citing accelerating momentum in Dell's AI server and storage businesses.
$戴尔科技 (DELL.US)$ 摩根士丹利分析师埃里克·伍德林将目标股价从128美元上调至152美元后，股价上涨了11％，理由是戴尔的人工智能服务器和存储业务势头加速。
Dell remains the best way to play growing AI server momentum, inflecting storage demand and an improving PC market, according to Woodring.
伍德林表示，戴尔仍然是发挥不断增长的人工智能服务器势头、影响存储需求和个人电脑市场改善的最佳方式。
Morgan Stanley named Dell a top pick noting that it's only trading at approximately 13 times the firm's estimates for fiscal-year 2026.
摩根士丹利将戴尔列为首选，并指出其交易价格仅为该公司2026财年预期的13倍左右。
"Our customer and supply chain checks suggests DELL's AI server and storage businesses are seeing more momentum than we had previously assumed," Woodring said in a note to clients.
伍德林在给客户的一份报告中说：“我们的客户和供应链调查表明，戴尔的人工智能服务器和存储业务的势头比我们先前想象的要大。”
The Morgan Stanley analyst also highlighted an uptick in component vendors and assembly partners orders, reflecting repeat purchase orders from Dell's existing customer base, as well as a key competitive AI server win from Tesla, which Morgan Stanley believes could be as large as 8,000 to 10,000 AI servers this year.
摩根士丹利分析师还强调了组件供应商和装配合作伙伴订单的增加，这反映了戴尔现有客户群的重复采购订单，以及特斯拉在竞争中赢得的关键人工智能服务器，摩根士丹利认为今年人工智能服务器的规模可能高达8,000至10,000台。
"At the same time, we are seeing AI server momentum in the Enterprise as well," Woodring added.
伍德林补充说：“同时，我们也看到了企业中人工智能服务器的势头。”
Morgan Stanley now forecasts EPS of just over $8 for fiscal-year 2025 and anticipates a guidance raise from Dell in the April quarter. The firm's Street high price target of $152 implies a 15 times multiple on fiscal-year EPS of $10.12. Woodring noted that Morgan Stanley's bull case includes a price target of $195.
摩根士丹利现在预测2025财年的每股收益将略高于8美元，并预计戴尔将在4月季度提高预期。该公司的华尔街目标股价为152美元，这意味着该财年每股收益为10.12美元的15倍。伍德林指出，摩根士丹利的牛市包括195美元的目标股价。