Dell reported a record revenue of $29.8 billion, up 19% year-over-year and operating income of $1.8 billion, up 27% year-over-year. Dell ships AI solutions surpassing shipments for 2025. Server shipment guidance for FY26 is raised to $20 billion. The forecast for the full year in 2026 calls for $107 billion in revenue with EPS up 25% year-over-year. The intrinsic value per share is calculated at $152 based on an analysis and DCF valuation conducted on September 1, where the weighted average cost of capital is considered.