Dell Technologies shares faced mild downward pressure Thursday after a 15.76% rally the previous session lifted the stock to $492. The pullback reflected short-term consolidation and profit-taking, while the stock remained higher for the week. The rally followed Dell's fiscal second-quarter 2027 results, which showed adjusted earnings of $7.04 per share versus the $4.91 Wall Street estimate and revenue of $46.97 billion, above the $44.95 billion consensus. The company attributed the performance to strong server and artificial intelligence infrastructure demand. Shares were down 1.67% at $484 in premarket trading, while technical indicators showed the stock remained well above its short- and long-term moving averages. Analysts at Citigroup, JP Morgan and Melius Research raised their price targets on Sept. 2.