Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAditya RaghunathFri, September 4, 2026 at 5:33 AM GMT+2 4 min readDell just turned in one of its strongest quarters in company history, and Wall Street is paying attention.Revenue rose, profit soared, and demand for AI infrastructure kept climbing. Now one of Wall Street's biggest names is raising its price target on the AI stock.Goldman Sachs analyst Katherine Murphy raised her price target on Dell Technologies (DELL) to $570 from $510 while keeping a "Buy" rating, according to a research note first reported by TheFly. Goldman Sachs is bullish on Dell stockTo understand why Goldman Sachs (GS) has raised its Dell stock price target, it helps to look at what the company reported in the recent quarter.Dell posted revenue of $47 billion for its fiscal second quarter (ending in July), up 58% from a year earlier. Earnings per share came in at $7.04, up 203%. Both numbers beat analyst expectations, and management raised guidance for the rest of the year.The company's Infrastructure Solutions Group, which includes AI servers, traditional servers, and storage, was the biggest driver. More Tech:Anthropic-powered AI model sends shocking message to employeeRocket Lab clears 1st hurdle in its biggest satellite deal