Dell Stock Stock Hits All-Time High After Trump Tells Americans to “Go Buy a Dell”

TLDR

• President Trump publicly told Americans to “go out and buy a Dell” at a White House event Friday
• DELL stock surged as high as 14.6%, hitting an all-time record of $263.99 before settling around +13%
• The endorsement follows a $6.25 billion donation from Michael and Susan Dell to Trump’s federal children’s wealth initiative in December 2025
• Analysts at Mizuho and Bank of America both recently raised their price targets on the stock
• Rival Super Micro (SMCI) also gained over 5%, boosted by its own strong quarterly forecast

Dell Technologies (DELL) stock hit an all-time high Friday after President Donald Trump told Americans to buy the company’s computers during a White House event.

Dell Technologies Inc., DELL

Trump thanked the “Dell family” during his remarks, saying they had “done such a job” before adding: “Go out and buy a Dell, they’re great.” The stock surged as high as 14.6%, reaching a record $263.99 per share, before pulling back slightly to around 13% gains.

The comments came after Michael and Susan Dell donated $6.25 billion to “Trump Accounts” in December 2025 — a federal program designed to build wealth for American children.

At 1:01 PM ET, the stock was trading at $253.64, up 10.15% on the day.

The White House endorsement added fuel to a stock that was already getting attention from Wall Street analysts.

Mizuho analyst Vijay Rakesh raised his price target on DELL to $260 from $215 on Wednesday, keeping an Outperform rating. Bank of America lifted its target to $246, with analyst Wamsi Mohan pointing to agentic AI as a key demand driver for Dell’s hardware.

What the AI Server Boom Means for Dell

Mohan explained that agentic AI “turns one discrete inferencing event into sequenced workflows, driving more inference events per task.” That shift could mean more demand for CPU-heavy hardware — exactly what Dell sells.

Bank of America sees Dell positioned to capture a slice of the $496 billion AI server market.

Super Micro (SMCI) rose more than 5% on Friday as well. The company surged earlier in the week after it forecast quarterly results above expectations and eased concerns around a Department of Justice investigation. Analysts pointed to Super Micro’s guidance as a sign of strength across the AI server sector.

Dell is set to report its Q1 FY2027 earnings on May 28.

Analyst Targets Before the Spike

Before Friday’s move, Mizuho’s raised target of $260 was already above where the stock had been trading. The new all-time high of $263.99 briefly exceeded that target.

Bank of America’s $246 target was set in late May, before the presidential comments pushed the stock even higher.

Dell’s next scheduled catalyst is its earnings call on May 28, where investors will be watching AI server revenue closely.

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