Mizuho Hikes Dell Price Target to $300 as Agentic AI Server Demand Powers the Bull Case

Mizuho raised Dell Technologies' price target by $40 to $300 from $260 and kept an Outperform rating. The firm cited agentic AI workloads as a durable driver of server demand, supporting a constructive outlook for Dell's infrastructure business. The update is positive for sentiment but is primarily analyst-driven and likely to have a modest near-term stock impact.

Analysis

Mizuho raised Dell Technologies' price target by $40 to $300 from $260 and kept an Outperform rating. The firm cited agentic AI workloads as a durable driver of server demand, supporting a constructive outlook for Dell's infrastructure business. The update is positive for sentiment but is primarily analyst-driven and likely to have a modest near-term stock impact.