Dell Technologies Inc. ( DELL ) shares are trading higher on Tuesday after the company raised its annual revenue growth and annual adjusted EPS growth guidance.

Long-Term Outlook: The company updated its long-term guidance, projecting 7%–9% annual revenue growth (previously 3%–4%) and non-GAAP EPS growth of 15% or higher (up from 8%).

Additionally, Dell plans to increase its quarterly dividend by at least 10% annually through fiscal 2030.

Also Read: Dell Technologies Strategy Remains Steady Despite CFO Departure, Say Analysts

Jeff Clarke, Dell Technologies ( DELL ) vice chairman and chief operating officer, said, “We’re actively driving the changes that are shaping the future of AI infrastructure as evidenced by growing AI into a $20 billion business in two years.”

Notably, over the past five years, the company has nearly doubled its adjusted diluted EPS and aims to achieve this growth again.

Dell targets 15%+ annual EPS growth while returning over 80% of adjusted free cash flow to shareholders through buybacks and dividends.

Q3 & FY26 Guidance Reaffirmed: The company reiterated its guidance for third-quarter revenue of $26.5 billion to $27.5 billion and adjusted EPS of $2.45.

Dell also reiterated its fiscal year 2026 revenue guidance of $105 billion to $109 billion and adjusted earnings guidance of $9.55 per share.

Dell plans to release its third-quarter earnings results on November 25.

Investors can gain exposure to the stock via Advisor Managed Portfolios Trenchless Fund ETF and Tortoise Capital Series Trust Tortoise AI Infrastructure ETF .

Price Action: Dell shares are up 3.25% at $150.50 as of the last check on Tuesday.

Read Next:

Oracle Stock Rises After Trump Signs Executive Order On TikTok