Dell Technologies에 대한 매도 수량은 투자자에게 Dell Technologies의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Dell Technologies (NYSE:DELL) 주식, 공매도 수량 보고

Dell Technologies

Dell Inc.

NASDAQ

Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.

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엔비디아(NASDAQ:NVDA)는 수요일 시장 마감 후 3분기 실적을 발표할 예정이다. 월스트리트는 시장 마감 후 주당 75센트의 순이익(EPS)과 331억 2천만 달러의 매출을 예상하고 있다. 

엔비디아의 블랙웰 칩 과열 문제: 3분기 실적이 투자자 우려를 진정시킬까?

Price Target

델 테크놀로지스(NYSE:DELL)는 골든 크로스 — 50일 이동 평균($124.16)이 200일 이동 평균($121.11) 위로 상승하는 강세 기술 신호 —로 투자자들의 주목을 받고 있다.

델의 주식이 골든 크로스 형성: 실적 주간을 통과할 수 있을까?

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2024년 선거의 여파가 가라앉기 시작하면서 기업들은 두 번째 트럼프 행정부가 비즈니스에 의미하는 바를 분석하기 시작하고 있다. 캠페인 기간 동안 트럼프 후보는 외국 상품에 대한 추가 관세를 약속했지만, 행정부가 출범한 후에 어떤 약속이 실제 법으로 이어질지는 두고 봐야 한다.

트럼프의 관세가 시행되기 전에 매도해야 할 주식 4종목

Dell Technologies Inc. Class C Common Stock

Dell Technologies Inc

Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is expediting the certification process of Samsung Electronic Co.&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) AI memory chips.
What Happened: This information was confirmed by Nvidia&#8217;s CEO, Jensen Huang, at an event at the Hong Kong University of Science and Technology on Saturday, <a href="https://www.bloomberg.com/news/articles/2024-11-23/nvidia-working-as-fast-as-it-can-to-certify-samsung-s-ai-memory?srnd=homepage-asia">reported</a> Bloomberg.
Huang said that Nvidia is evaluating both 8-high and 12-high HBM3E offerings from Samsung.
Notably, the Nvidia CEO did not include Samsung in the list of major partners he mentioned during a post-earnings call with analysts earlier this week.
See Also:&nbsp;<a href="https://www.benzinga.com/24/11/42103355/nvidias-blackwell-set-to-outpace-hopper-heres-what-ceo-jensen-huang-predicted-for-2025">Nvidia&#8217;s Blackwell Set To Outpace Hopper? Here&#8217;s What CEO Jensen Huang Predicts For 2025</a>
At that time, Huang highlighted the impressive list of partners including Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>), SK Hynix (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HXSCF#OTC">HXSCF</a>), Foxconn, Micron Technology Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MU#NYSE">MU</a>), and Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>).
Nvidia reported <a href="https://www.benzinga.com/24/11/42099904/nvidia-q3-earnings-highlights">third-quarter revenue</a> of $35.1 billion, a 94% increase year-over-year, surpassing the Street consensus estimate of $33.12 billion, according to data<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112024&amp;t=be2bearmibe3na1"> from Benzinga Pro.</a>
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: This development follows <a href="https://www.benzinga.com/markets/equities/24/07/39924480/nvidia-greenlights-samsungs-high-bandwidth-memory-chips-for-ai-chips-in-china-report">Nvidia&#8217;s initial approval</a> of Samsung&#8217;s fourth-generation high bandwidth memory in July.
This marked the first time Nvidia approved the use of Samsung's HBM3 chips, albeit for a less advanced Nvidia graphics processing unit (GPU), the H20, specifically designed for the Chinese market.
However, Samsung&#8217;s delay in obtaining Nvidia&#8217;s certification for AI memory chips has given competitors SK Hynix and Micron an <a href="https://www.benzinga.com/markets/asia/24/10/41645191/samsung-profits-soar-but-companys-nvidia-ai-chip-race-lag-allows-sk-hynix-micron-to-take-the-lead-in">edge in the high-bandwidth memory</a> market.
Nvidia&#8217;s new Blackwell AI chips are reportedly <a href="https://www.benzinga.com/24/11/42028342/blackwell-backfires-nvidias-ai-chips-struggle-with-server-overheating-impacting-meta-microsoft-and-musks-xai-data-centers">facing overheating problems</a>. When asked about it during the earnings call, Huang sidestepped the question and instead highlighted that the supply levels surpassed initial expectations.
Nvidia&#8217;s CFO, Colette Kress, also said the company <a href="https://www.benzinga.com/24/11/42103355/nvidias-blackwell-set-to-outpace-hopper-heres-what-ceo-jensen-huang-predicted-for-2025">shipped 13,000 GPU samples</a> in the third quarter, including one of the first Blackwell DGX samples to OpenAI.
&#8220;Blackwell demand is staggering, and we are racing to scale supply to meet the incredible demand customers are placing on us,&#8221; Kress stated during the call.
Price Action: Nvidia shares dropped 3.22% on Friday, closing at $141.95, and saw a further decline of 0.13% in after-hours trading, reaching $141.77 as of the latest update, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/42086596/jensen-huang-says-building-nvidia-was-a-million-times-harder-than-he-expected" target="_blank" rel="noreferrer noopener">Jensen Huang Says Building Nvidia Was A ‘Million Times Harder&#8217; Than He Expected</a></li>
</ul>
Photo courtesy: Shutterstock

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HXSCF

SSNLF

Jensen Huang's Nvidia Fast-Tracks Samsung's AI Memory Certification As AI Giant Looks To Catch Up To Demand

In the current session, the stock is trading at $142.32, after a 2.45% increase. Over the past month, Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) stock increased by 15.96%, and in the past year, by 90.85%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1732289408_0.png" alt="Past Year Chart" />

<h3>A Look at Dell Technologies P/E Relative to Its Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 32.64 in the Technology Hardware, Storage &amp; Peripherals industry, Dell Technologies Inc. has a lower P/E ratio of 25.58. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1732289408_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Markets

Price Over Earnings Overview: Dell Technologies

Financial giants have made a conspicuous bullish move on Dell Technologies. Our analysis of options history for Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) revealed 12 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 8% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $107,308, and 9 were calls, valued at $515,995.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $150.0 for Dell Technologies over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Dell Technologies's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Dell Technologies's whale activity within a strike price range from $120.0 to $150.0 in the last 30 days. 
<h3>Dell Technologies Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732202316_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$4.55</td>
<td>$4.5</td>
<td>$4.5</td>
<td>$150.00</td>
<td>$225.0K</td>
<td>6.9K</td>
<td>1.0K</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$10.95</td>
<td>$10.6</td>
<td>$10.95</td>
<td>$145.00</td>
<td>$60.2K</td>
<td>383</td>
<td>0</td>
</tr>
<tr>
<td>DELL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$1.99</td>
<td>$1.79</td>
<td>$1.79</td>
<td>$135.00</td>
<td>$47.6K</td>
<td>1.9K</td>
<td>502</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$21.1</td>
<td>$21.05</td>
<td>$21.1</td>
<td>$120.00</td>
<td>$42.2K</td>
<td>3.2K</td>
<td>21</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$2.79</td>
<td>$2.78</td>
<td>$2.79</td>
<td>$150.00</td>
<td>$41.8K</td>
<td>2.3K</td>
<td>167</td>
</tr>
</tbody>
</table>

<h3>About Dell Technologies</h3>
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.
<h3>Present Market Standing of Dell Technologies</h3>
<ul>
<li>With a volume of 1,188,427, the price of DELL is up 1.28% at $135.67. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 5 days.</li>
</ul>
<h3>Professional Analyst Ratings for Dell Technologies</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $154.66666666666666.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Dell Technologies, maintaining a target price of $154. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on Dell Technologies, which currently sits at a price target of $160. 
&#x2A; An analyst from Evercore ISI Group downgraded its action to Outperform with a price target of $150. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Dell Technologies, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Dell Technologies Unusual Options Activity For November 21

Evercore ISI Group analyst Amit Daryanani reiterates Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) with a Outperform and maintains $150 price target.

Reiteration

Analyst Ratings

Evercore ISI Group Reiterates Outperform on Dell Technologies, Maintains $150 Price Target

Dell Technologies Inc. and Dell Federal Systems L.P. (collectively Dell), located in Austin, Texas, have agreed to pay $2.30 million to resolve allegations that they violated the False Claims Act by submitting and causing the submission of non-competitive bids to the Army and thereby overcharging the Army under the Army Desktop and Mobile Computing 3 (ADMC-3) contract.&nbsp;
Iron Bow Technologies LLC (Iron Bow), located in Herndon, Virginia, also agreed to pay $2.05 million for its role in the scheme.
The settlements resolve allegations that from May 2020 to April 2024, Dell operated a deal registration program, whereby it gave advantageous pricing to Iron Bow to sell certain Dell computer hardware products to the Army in response to solicitations under the AMDC-3 contract.&nbsp;

Legal

Dell, Iron Bow Agree To Pay $4.3M To Resolve False Claims Act Allegations Relating To Submitting Non-Competitive Bids To Army

Dell Technologies Enhances AI Innovation And Cybersecurity For Microsoft Users With New APEX Solutions And Managed Services; Available H1 2025

Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) has captured investor attention with <a href="https://www.benzinga.com/topic/golden-cross">a Golden Cross</a> — a bullish technical signal where its 50-day moving average ($124.16) climbs above the 200-day moving average ($121.11).
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="632" height="493" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/19113615/Screenshot-2024-11-19-at-9.31.32-PM.png" alt="" class="wp-image-655422" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/19113615/Screenshot-2024-11-19-at-9.31.32-PM.png 632w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/19113615/Screenshot-2024-11-19-at-9.31.32-PM-300x234.png 300w" sizes="(max-width: 632px) 100vw, 632px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111924&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a>
This move underscores Dell stock&#8217;s growing momentum, as at $134.30, it sits comfortably above both metrics.
<h1 class="wp-block-heading">A Perfect Storm: Technicals Meet Fundamentals</h1>
The timing of this technical event couldn't be better. With Dell's third-quarter earnings just a week away, due on Nov. 26 after market close, analysts are already optimistic. 
Wells Fargo recently <a href="https://finance.yahoo.com/news/dell-technologies-price-target-raised-112514833.html">raised</a> its price target for the company from $140 to $160, highlighting multiple tailwinds, including NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Blackwell AI server demand, a server refresh cycle, and robust seasonal trends in storage sales.
Read Also: <a href="https://www.benzinga.com/trading-ideas/technicals/24/11/42063336/nvidia-blackwell-chips-face-heat-will-q3-earnings-cool-investor-concerns">Nvidia&#8217;s Blackwell Chips Overheat: Will Q3 Earnings Cool Investor Concerns?</a>
Beyond these operational drivers, Dell's $5 billion annual free cash flow and investment-grade debt rating bolster its bullish case. The company is also benefiting from a steady PC market recovery, which analysts expect to gain traction through 2025.
<h1 class="wp-block-heading">Technical Indicators Are Flashing Green</h1>
Dell's technical indicators confirm the bullish momentum:
<ul>
<li>Its eight-day ($135.02), 20-day ($130.42) and 50-day ($124.16) simple moving averages all sit below the current share price of $134.30, signaling an upward trend.</li>
<li>The Moving Average Convergence Divergence (MACD) at 3.45 reinforces the bullish outlook.</li>
<li>With a Relative Strength Index (RSI) of 56.28, Dell is in neutral territory, leaving room for additional gains.</li>
</ul>
<h1 class="wp-block-heading">Analysts' Take</h1>
Dell's stock has surged 79% year-to-date, vastly outpacing the S&amp;P 500. Its average price target of $149.67 among recent ratings implies an 11.95% upside from current levels. With heavyweights such as Wells Fargo, Morgan Stanley and Mizuho backing the stock, investor sentiment is strong.
As Dell heads into earnings, all eyes are on whether its results will justify the technical and fundamental optimism.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/42029735/dell-ships-first-72-nvidia-gpu-monster-ai-rocket-just-got-a-massive-boost-says-ceo">Dell Ships First 72-Nvidia GPU Monster: &#8216;AI Rocket Just Got A Massive Boost,&#8217; Says CEO</a></li>
</ul>
Photo: Shutterstock

Dell Hits A Golden Cross: Can It Power Through Earnings Week?

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) will report its third-quarter earnings on Wednesday. Wall Street expects 75 cents in EPS and $33.12 billion in revenues as the company reports<a href="https://www.benzinga.com/calendars/earnings?tickers=NVDA" target="_blank" rel="noreferrer noopener"> after market hours</a>.
The Santa Clara, California-based company&#8217;s stock is up 178.02% over the past year and 190.95%% year-to-date. 
The stock slipped as much as 3.4% on Monday before paring losses, as reports of overheating in its new Blackwell AI servers rattled investors.
<h2 class="wp-block-heading">Blackwell Scrutiny Meets Early Adoption In Nvidia&#8217;s AI Push</h2>
The Information <a href="https://www.theinformation.com/articles/nvidia-customers-worry-about-snag-with-new-ai-chip-servers?rc=lmgkxg">highlighted</a> recurring issues with Blackwell, including design flaws reported in August that delayed production to the December quarter. While Nvidia downplayed concerns, calling engineering iterations &#8220;normal,&#8221; the stakes are high. 
CEO Jensen Huang expects Blackwell chips to drive billions in fourth-quarter sales, with major buyers like Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and xAI already in line.
Dell Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) <a href="https://x.com/MichaelDell/status/1858306164775379268">confirmed</a> shipments of Blackwell servers in its PowerEdge systems, signaling early adoption despite the concerns.
Let&#8217;s look at what the charts indicate for Nvidia stock and how the stock currently maps against Wall Street estimates.
Read Also: <a href="https://www.benzinga.com/news/global/24/11/42056728/nvidia-modestly-at-risk-amid-ai-chip-concerns-analyst-notes-momentum-money-swirling-around-sells-first-asks-questions-later">Nvidia &#8216;Modestly At Risk&#8217; Amid AI Chip Concerns, Analyst Notes: Momentum Money Swirling Around &#8216;Sells First, Asks Questions Later&#8217;</a>
<h2 class="wp-block-heading">Nvidia Stock Sees Buying Pressure Ahead Of Q3 Earnings&nbsp;</h2>
As it head towards reporting its third-quarter earnings, Nvidia stock is under a haze of mixed technical indicators. The charts reflect a moderately bearish trend tempered by slight buying pressure.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="631" height="493" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/19070432/Screenshot-2024-11-19-at-5.34.12-PM.png" alt="" class="wp-image-654815" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/19070432/Screenshot-2024-11-19-at-5.34.12-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/19070432/Screenshot-2024-11-19-at-5.34.12-PM-300x234.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111924&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
At $142.07, Nvidia stock presents conflicting signals across key moving averages and momentum indicators.
The eight-day SMA (simple moving average) of $144.80 exceeds the current price, signaling bearish momentum in the short term. Though the stock has inched above the 20-day SMA of $141.98 saving some bullish momentum for the near-term. both. 
The longer-term trends continue to harp a bullish tune for this AI juggernaut. The 50-day SMA at $132.32 and the 200-day SMA at $109.62 both trail the current price, providing bullish confirmation for NVDA bulls eyeing a broader horizon.
Momentum indicators like the MACD, which stands at a robust 3.03, further bolster the bullish outlook. Yet caution lingers as the Relative Strength Index (RSI) sits at 53.53, heading towards the overbought threshold.
While NVIDIA's share price may seem pressured in the short term, its longer-term technicals suggest resilience ahead of its earnings. 
The question remains: Will fundamentals align with these signals, or will earnings introduce new volatility? Investors may find this a pivotal moment to reassess positions.
<h2 class="wp-block-heading">Nvidia Analysts See 28% Upside</h2>
Ratings &amp; Consensus Estimates:<a href="https://www.benzinga.com/quote/NVDA/analyst-ratings" target="_blank" rel="noreferrer noopener"> The consensus analyst rating</a> on Nvidia stock stands at a Buy currently with a price target of $162.97. Recent analyst ratings from Stifel, Truist Securities, and Rosenblatt imply a 28.25% upside for Nvidia stock, with an average price target of $182.33.
Price Action: NVDA stock closed the trading day Monday at $140.15, don 1.29%.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/tech/24/11/42008585/why-super-micros-survival-may-hinge-on-nvidia-earnings-nasdaq-deadline">Why Super Micro&#8217;s Future May Hinge On Nvidia Earnings, Nasdaq Deadline</a></li>
</ul>
Image: Unsplash

Nvidia's Blackwell Chips Overheat: Will Q3 Earnings Cool Investor Concerns?

Wells Fargo analyst Aaron Rakers maintains Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) with a Overweight and raises the price target from $140 to $160.

Wells Fargo Maintains Overweight on Dell Technologies, Raises Price Target to $160

Dell Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) shares are trading higher Monday after the company announced boosts in its AI enterprises with Dell AI factory advancements and <a href="https://www.benzinga.com/pressreleases/24/11/n42036410/dell-technologies-boosts-ai-for-enterprises-with-dell-ai-factory-advancements">new AI infrastructure</a>.
What Happened: Dell announced an expansion of its&nbsp;Dell Integrated Rack Scalable Systems (IRSS)&nbsp;program&nbsp;to include the&nbsp;Dell PowerEdge XE9685L&nbsp;and&nbsp;Dell PowerEdge XE7740&nbsp;servers in the standard 19-inch Dell Integrated Rack 5000. The new liquid and air-cooled Dell PowerEdge XE servers&nbsp;deliver advanced compute at scale and simplify data access for AI.
Dell plans to support the upcoming&nbsp;Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GB200&nbsp;Grace Blackwell&nbsp;NVL4 Superchip with a new Dell PowerEdge XE server designed for the&nbsp;Dell IR7000. CEO Michael Dell announced Sunday that the Nvidia GB200 NVL72 server racks are now shipping.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The 1st in the world <a href="https://twitter.com/nvidia?ref_src=twsrc%5Etfw">@nvidia</a> GB200 NVL72 server racks are now shipping. We are thrilled to deliver our liquid-cooled PowerEdge XE9712 to <a href="https://twitter.com/CoreWeave?ref_src=twsrc%5Etfw">@CoreWeave</a>. The AI rocket just got a massive boost! &#x1f916;&#x1f680;&#x1f91d; <a href="https://t.co/2QzlxbQE5f">pic.twitter.com/2QzlxbQE5f</a>
&mdash; Michael Dell (@MichaelDell) <a href="https://twitter.com/MichaelDell/status/1858306164775379268?ref_src=twsrc%5Etfw">November 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42036010/alphabet-on-trial-doj-remedies-loom-but-analyst-sees-20-upside-as-discount-to-meta-narrows#google_vignette">Alphabet Braces For DOJ Remedies: Analyst Sees 20% Upside Despite &#8216;Worst Possible&#8217; Risks</a>
Dell also announced updates to the Dell Data Lakehouse to provide enterprises with modern architectures for managing and analyzing data for AI tasks.&nbsp;The Data Lakehouse updates are currently available.
Dell Validated Designs for AI PCs, services for data centers, design services for networking and implementation services for AI are also available now. The Dell PowerEdge XE9685L&nbsp;will be available in the first quarter, with the Dell PowerEdge XE7740&nbsp;expected to follow in the second quarter. 
&#8220;Getting AI up and running across a company can be a real challenge. We&#8217;re making it easier for our customers with new AI infrastructure, solutions and services that simplify AI deployments, paving the way for smarter, faster ways to work and a more adaptable future,&#8221; said&nbsp;Arthur Lewis, president, Infrastructure Solutions Group, Dell Technologies.
Dell is due to report <a href="https://www.benzinga.com/calendars/earnings">third-quarter financial results</a> after the market close on Nov. 26. Analysts expect the company to report earnings of $2.04 per share and revenue of $24.65 billion, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
DELL Price Action: <a href="http://benzinga.com/quote/dell">Dell shares</a> were up 4.52% at $137.59 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Movers

What's Going On With Dell Technologies Stock Monday?

WIIM

Dell Technologies shares are trading higher after the company announced boosts in its AI enterprises with Dell AI factory advancements and new AI infrastructure.

Complete high-performing AI architectures based on Penguin Solutions OriginAI infrastructure software and services and Dell AI-optimized solutions showcased at SC24
Penguin and Dell Technologies co-sponsor University of New Mexico team in SC24 student cluster competition
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.penguinsolutions.com%2F&amp;esheet=54154112&amp;newsitemid=20241118210115&amp;lan=en-US&amp;anchor=Penguin+Solutions&amp;index=1&amp;md5=e03ca5de3e4056592f1bc17522779054">Penguin Solutions</a>&#x2122;, Inc. (Penguin Solutions, Nasdaq: <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fir.smartm.com%2Fstock-information%2Fstock-quote-and-charts%2Fdefault.aspx&amp;esheet=54154112&amp;newsitemid=20241118210115&amp;lan=en-US&amp;anchor=PENG&amp;index=2&amp;md5=ef22ba10cdd02afa98463d7eae98bb45">PENG</a>), today announced its collaboration with <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.dell.com%2Fen-us&amp;esheet=54154112&amp;newsitemid=20241118210115&amp;lan=en-US&amp;anchor=Dell+Technologies&amp;index=3&amp;md5=3a4e336189dcdacf8b1983a2ef855d2a">Dell Technologies</a> to deliver complete AI solutions that accelerate customers' time to value through validated, high-performing AI infrastructure. These end-to-end Penguin <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.penguinsolutions.com%2Fsolutions%2Fai%2Foriginai&amp;esheet=54154112&amp;newsitemid=20241118210115&amp;lan=en-US&amp;anchor=OriginAI&amp;index=4&amp;md5=12aef286dd48ce1e66bd4d3b22091040">OriginAI</a>&#xAE; solutions combine Dell PowerEdge AI-optimized servers, Dell PowerScale storage and Dell PowerSwitch data center switches with Penguin's validated solution architectures. When enhanced by Penguin's ClusterWare&#xAE; intelligent cluster management software and supported by Penguin's expert AI and high-performance computing infrastructure services — GPU cluster deployment and management are simplified while driving increased performance and availability.

Penguin Solutions, Inc. - Ordinary Shares

PENG

Penguin Solutions Announces Collaboration With Dell Technologies To Deliver Complete AI Solutions That Accelerate Customers' Time To Value Through Validated, High-Performing AI Infrastructure

News Summary
<ul>
<li>AI infrastructure additions, including new liquid and air-cooled Dell PowerEdge XE servers and Dell Data Lakehouse enhancements, efficiently deliver advanced compute at scale and simplify data access for AI</li>
<li>Supporting the NVIDIA GB200 Grace Blackwell NVL4 Superchip will be a new Dell PowerEdge XE server designed for the Dell IR7000, supporting up to 144 GPUs in a 50OU standard rack</li>
<li>New solutions accelerate the development and deployment of AI applications</li>
<li>Dell Professional Services for sustainability, data management and networking help organizations more quickly reach AI goals by reducing complexity</li>
</ul>

Dell Technologies Boosts AI For Enterprises With Dell AI Factory Advancements; New AI Infrastructure, Solutions And Services Improve Performance And Accelerate Time To Value For AI Projects, While Helping Organizations Better Manage Data And Improve Efficiency

Dell Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) has reached a major milestone by becoming the first company to deliver a new generation of super-powerful computer systems designed specifically for artificial intelligence.
What Happened: Michael Dell, the company&#8217;s CEO, announced on social media platform X that Dell is shipping its first liquid-cooled PowerEdge XE9712 systems to CoreWeave, a company that provides computing power for AI applications.
&#8220;The AI rocket just got a massive boost!&#8221; Michael Dell in his announcement, highlighted the significance of this achievement.
These new systems, developed in partnership with tech giant NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), are unlike traditional computers. They use special cooling technology that helps them handle the intense processing needed for advanced AI tasks. Think of it as the difference between a regular car engine and a Formula 1 racing engine – both are engines, but one is designed for much more powerful performance.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The 1st in the world <a href="https://twitter.com/nvidia?ref_src=twsrc%5Etfw">@nvidia</a> GB200 NVL72 server racks are now shipping. We are thrilled to deliver our liquid-cooled PowerEdge XE9712 to <a href="https://twitter.com/CoreWeave?ref_src=twsrc%5Etfw">@CoreWeave</a>. The AI rocket just got a massive boost! &#x1f916;&#x1f680;&#x1f91d; <a href="https://t.co/2QzlxbQE5f">pic.twitter.com/2QzlxbQE5f</a>
&mdash; Michael Dell (@MichaelDell) <a href="https://twitter.com/MichaelDell/status/1858306164775379268?ref_src=twsrc%5Etfw">November 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/24/11/42028954/peter-thiel-says-trumps-60-china-tariff-would-be-very-very-bad-for-beijing-heres-whats-at-stake">Peter Thiel Says Trump&#8217;s 60% China Tariff Would Be &#8216;Very, Very Bad&#8217; For Beijing, Here&#8217;s What&#8217;s At Stake</a>
Why It Matters: The system, called the GB200 NVL72, combines 72 powerful processing chips (GPUs) and 36 central computers (CPUs) working together as one unit. This allows it to run AI programs 30 times faster than previous systems, particularly when handling complex AI tasks like chatbots and image generation.
CoreWeave, the company receiving these first systems, specializes in providing high-powered computing services to businesses working with AI. They work closely with Nvidia, which designed the core technology inside these systems.
This development is particularly important as companies worldwide are racing to build and access more powerful AI computing systems. Industry experts predict high demand for these systems, with <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39168191/nvidia-maintains-lead-as-key-ai-beneficiary-analyst-boosts-estimates-after-taiwan-e">estimates suggesting 20,000 to 25,000 similar systems could be shipped in 2025</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42028523/cathie-wood-draws-reagan-era-parallels-as-elon-musk-takes-doge-helm-this-bull-market-has-just-begun-to-broaden-out">Cathie Wood Draws Reagan-Era Parallels As Elon Musk Takes DOGE Helm: &#8216;This Bull Market Has Just Begun To Broaden Out&#8217;</a></li>
</ul>
Image Via Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Dell Ships First 72-Nvidia GPU Monster: 'AI Rocket Just Got A Massive Boost,' Says CEO

The dust is beginning to settle from the 2024 election, and companies are starting to digest what a second Trump term means for business. On the campaign trail, Candidate Trump promised another round of tariffs on foreign goods, but it remains to be seen what promises actually translate into law once the administration comes to power.&nbsp;
Some companies like Steve Madden are attempting to get ahead of the curve by <a href="https://www.benzinga.com/24/11/41862692/steve-madden-announces-plans-to-move-production-to-avoid-trump-tariffs-but-theres-a-catch">moving production out of China now</a>, but others aren't as nimble and will likely bear the brunt of higher costs. Which public companies are likely to be hit hardest by tariff expansion? Here&#8217;s a list of 4 stocks you might want to consider selling before the next trade war salvo.
<h2 class="wp-block-heading">Methodology</h2>
Each company chosen for this list faces at least one of the following issues:
<ul>
<li>Reliance on imports, especially goods from China </li>
<li>Limited ability to pass higher costs onto customers </li>
<li>Lack of negotiating power with suppliers&nbsp;</li>
<li>Thin margins that could make it challenging to absorb costs </li>
</ul>
The retail industry is already bracing for higher costs. According to the National Retail Foundation, companies are preparing for these additional costs by raising prices on a variety of goods that could cost consumers between $46 billion and $76 billion in purchasing power. Retail will be a major theme amongst these stock picks, especially in areas where customers expect low prices and have substantial alternatives.
<h3 class="wp-block-heading">Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</h3>
Dell has been one of the market's biggest winners since the start of 2023. The company has re-entered the S&amp;P 500 and its stock price has soared from under $40 in March 2023 to over $130 as of this writing. The stock has pulled back a bit since hitting an all-time high of $179 in May, and more pain could be on the way if the proposed tariffs come to be.
Dell sells a variety of electronics, from computers and laptops to cloud and networking solutions. This line of electronics depends on affordable printed circuit boards (PCBs), capacitors, resistors, casings, and assembly operations, and much of this company infrastructure is located in China. Additional tariffs on these components could force Dell to either raise prices faster than customers see reasonable or relocate some of their production outside of China. Either solution could hamper future stock growth. Dell is currently rated a Buy, but the <a href="https://www.benzinga.com/quote/DELL/analyst-ratings">most recent analyst reports</a> put the consensus price target at $117, which is below the current market price.
<h3 class="wp-block-heading">Five Below (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>)</h3>
If you or your spouse are primary education teachers, you likely have spent a lot of time in Five Below looking for school supplies, affordable electronics, student rewards, and perhaps some candy for the lounge. The company sells a variety of merchandise at highly discounted prices, and many of its electronic products are imported from China.
Five Below gets hit from both sides in a potential tariff war. Not only is the company heavily reliant on Chinese imports, but its business model leaves very little room to raise prices. Customers who see higher prices at specialty retailers like Five Below may just take their business to higher-end competitors like Target Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>). Analysts currently rate FIVE stock as a Hold with an average price target of $129. However, the three most recent analyst reports (Truist, BofA Securities, and Evercore ISI) only had an average price target of $89, which is about where shares are currently trading. BofA analyst Lorraine Hutchinson <a href="https://www.cnbc.com/2024/11/06/trump-proposed-tariffs-consumer-prices.html">noted in her downgrade</a> that Five Below sources more than 20% of its products from China and lacks the pricing power to pass those costs onto consumers.
<h3 class="wp-block-heading">Lowe's Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>)</h3>
Another big winner from the past two years could be facing more headwinds if tariffs come to fruition. Lowe's has benefited from the home price boom as millions of Americans tapped their expanding home equity for upgrades and renovations following COVID. LOW shares shot from a pandemic low of $86 to $258 by December 2021 and recently made a new all-time high at $270 a few weeks ago. However, if we use history as a guide, Lowe's stock had a choppy ride during the first round of tariffs in 2017.
Lowe's sells high-end appliances like washing machines, dryers, refrigerators, water heaters, and other important (and imported) home goods. Not only will the company face higher costs on these expensive goods, but consumers who have already tapped chunks of home equity may put off new projects or rush to buy before the tariffs kick in. From 2017 to 2020, LOW shares exhibited high volatility with four different 15% corrections. With more tariffs on tap and consumers stretched thin, Lowe's profits could take a hit in the coming months. The company reports earnings on November 19 and investors will be looking for clues on how tariffs could affect its bottom line.
<h3 class="wp-block-heading">Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>)</h3>
Another stock up big this year, and another company under pressure from the incoming administration. Walmart didn't suffer as much as the broader indices during the 2022 bear market, but the stock has roared to life in 2024. WMT shares are up over 60% year-to-date, including an eye-popping 41% in the last six months. The company has beaten analyst earnings expectations in each of the previous eight quarters as well.
In recent years, Walmart has sought to divest itself from China by moving some production to India, but Chinese imports still make up <a href="https://www.reuters.com/business/retail-consumer/walmart-shifts-india-china-cheaper-imports-2023-11-29/">about 60%</a> of the company's products. It's unlikely that much more production will be moved out of China by the time tariffs take effect, and Walmart doesn't have the supplier negotiating power that a company like Costco Wholesale Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) does. Additionally, Walmart's Every Day Low Price model runs on razor-thin margins. In July, Walmart reported a <a href="https://www.macrotrends.net/stocks/charts/WMT/walmart/net-profit-margin">net profit margin of 2.34%</a>. While not as low as some previous reports, Walmart has consistently seen its net margin drop below 3% since the first Trump administration, and the company may not have the pricing power to pass additional tariff costs onto its customers.
Take the guesswork out of investing with a handpicked portfolio of value stocks that consistently outperforms the S&amp;P 500. Invest in a proven, time-tested selection designed for long-term growth. <a href="https://www.benzinga.com/premium/ideas/perfect-portfolio/?utm_source=RD-1115">Click to get access now.</a>
Image via Shutterstock

4 Stocks to Sell Before Trump's Tariffs Take Effect

Deep-pocketed investors have adopted a bearish approach towards Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Dell Technologies. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 27% leaning bullish and 72% bearish. Among these notable options, 2 are puts, totaling $139,063, and 9 are calls, amounting to $1,052,409.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $138.0 for Dell Technologies during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Dell Technologies options trades today is 1136.6 with a total volume of 2,244.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Dell Technologies's big money trades within a strike price range of $100.0 to $138.0 over the last 30 days.
<h3>Dell Technologies Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731682122_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$8.25</td>
<td>$7.9</td>
<td>$7.9</td>
<td>$126.00</td>
<td>$191.2K</td>
<td>409</td>
<td>1.8K</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$8.85</td>
<td>$8.0</td>
<td>$8.0</td>
<td>$126.00</td>
<td>$160.0K</td>
<td>409</td>
<td>1.8K</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$8.2</td>
<td>$7.95</td>
<td>$7.95</td>
<td>$126.00</td>
<td>$159.0K</td>
<td>409</td>
<td>1.8K</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$34.9</td>
<td>$32.9</td>
<td>$34.9</td>
<td>$100.00</td>
<td>$139.6K</td>
<td>2.6K</td>
<td>5</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$8.3</td>
<td>$7.9</td>
<td>$7.9</td>
<td>$126.00</td>
<td>$124.8K</td>
<td>409</td>
<td>1.8K</td>
</tr>
</tbody>
</table>

<h3>About Dell Technologies</h3>
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.
Following our analysis of the options activities associated with Dell Technologies, we pivot to a closer look at the company's own performance.
<h3>Dell Technologies's Current Market Status</h3>
<ul>
<li>Trading volume stands at 387,143, with DELL's price down by -1.53%, positioned at $132.37.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 11 days.</li>
</ul>
<h3>What The Experts Say On Dell Technologies</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $154.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Dell Technologies, targeting a price of $154. 
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A Closer Look at Dell Technologies's Options Market Dynamics

Oppenheimer analyst Param Singh initiated coverage on Commvault Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVLT#NASDAQ">CVLT</a>) with an Outperform rating and <a target="_blank" href="https://www.benzinga.com/quote/CVLT/analyst-ratings" rel="noreferrer noopener">a price forecast of $200.</a>
According to the analyst, Commvault is benefiting from the increasing importance of data, which is driving growth in backup storage total addressable market.
The company is also gaining from the rise in data security breaches and ransomware attacks, which create new revenue opportunities, Singh adds.
As a leading provider of Backup-as-a-Service (BaaS) and Disaster Recovery-as-a-Service (DRaaS), Commvault is well-positioned to benefit from the shift to as-a-service platforms, the analyst writes.
Singh sees these factors to lead to strong customer growth, market share gains, and a 35% &#8211; 40% increase in SaaS Annual Recurring Revenue (ARR) over the next three years.
The analyst highlights that Commvault has adapted its offerings to support hybrid cloud and SaaS workloads while expanding into a SaaS delivery model.
See Also:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41931788/nvidia-set-for-major-surge-to-204-analyst-predicts-post-q3-boost-driven-by-blackwell-gpu-demand-strong-margins" rel="noreferrer noopener">Nvidia Set For Major Surge To $204? Analyst Predicts Post-Q3 Boost Driven By Blackwell GPU Demand, Strong Margins</a>
This growth is expected to come at the expense of legacy competitors like Dell Technologies, IBM, and Veritas.
The analyst also highlights an analysis by Gartner, which recognizes Commvault&#8217;s ability to address hybrid cloud and SaaS workloads with its as-a-service cloud offerings, deeming its product best-in-class.
Singh estimates the company to report FY25 revenue of $957 million and pro forma EPS of $3.47.
Price Action: CVLT shares are trading higher by 3.58% to $175.75 at last check Wednesday.
Image via Isabela bela from Pixabay
Read Next:
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<li><a href="http://What's Going On With Rivian Shares Wednesday?" target="_blank" rel="noreferrer noopener">What&#8217;s Going On With Rivian Shares Wednesday?</a></li>
</ul>

Analyst Color

Initiation

General

CVLT

Commvault's Growth To Outpace Legacy Competitors Like Dell And IBM, Analyst Says

Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) shares are trading higher after the company launched a <a href="https://www.benzinga.com/pressreleases/24/11/n41929174/kyndryl-unveils-dedicated-ai-private-cloud-in-japan-to-accelerate-customer-deployment-of-ai-servic" target="_blank" rel="noreferrer noopener">dedicated AI private cloud in Japan</a>.
Kyndryl's new AI private cloud is designed to support financial institutions, insurance companies, manufacturers, retailers, and academic organizations in securely developing and preparing to launch innovative AI-powered solutions.
In collaboration with Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), utilizing the Dell AI Factory with Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), the new cloud aims to foster AI innovation.
This controlled, secure, and sovereign environment will allow organizations to develop, test, and deploy AI services, enhancing their competitive edge and boosting business performance.
As part of the collaboration, Kyndryl is launching the Kyndryl Vital AI Lab, which leverages its AI-powered Kyndryl Bridge platform to support the development of end-to-end AI applications using the NVIDIA AI Enterprise software suite.
Additionally, Kyndryl will apply its industry expertise through Kyndryl Consult to help clients develop, validate, and scale AI solutions effectively.
Kyndryl Japan President Jonathan Ingram says the new AI private cloud &#8220;will provide a stable and trusted space where customers and Japanese academic institutions can confidently and privately design new applications and solutions, with support for their security, sovereignty, and data residency requirements.&#8221;
Kyle Dufresne, SVP, AI solutions sales, Dell Technologies said this collaboration allows Kyndryl customers to &#8220;get started on a wide range of AI and generative AI use cases that require security and performance, including retrieval-augmented generation (RAG), model training, and inferencing.&#8221;
Investors can gain exposure to the stock via&nbsp;Invesco S&amp;P Spin-Off ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSD#NYSE">CSD</a>) and Hilton Small-MidCap Opportunity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCO#NASDAQ">SMCO</a>).
Price Action: KD shares are up 0.89% at $28.40 premarket at the last check Wednesday.
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Kyndryl, Dell, Nvidia Join Forces To Launch AI Private Cloud For Japanese Enterprises

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<li>Kyndryl AI private cloud supports customer testing and adoption using the Dell AI Factory with NVIDIA</li>
<li>Private AI cloud is also available to Japanese academic institutions for AI research and innovation</li>
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