Invezz
14 Oct 2026, 14:50 UTC · 1h ago
Why are Dell and HPE stocks plunging today?
Impact · against what's priced in
Barclays' downgrades introduce a specific risk that recent revenue growth is tied to commodity memory pricing rather than AI volume, which directly threatens the high growth targets the market has already priced in. This is particularly damaging for Dell, as it challenges the durability of the FY27 guidance that currently supports the stock price.
- DELL−0.60
Challenges what's priced in
- The price assumes
The raised FY27 revenue guidance of $192 billion and 70% YoY growth
Barclays argues that recent revenue strength was boosted by higher memory prices rather than durable AI demand, suggesting the 70% YoY growth target is fragile if commodity prices normalize.
What DELL's price assumes · Sep 2
