Goldman Sachs Sees a Tough Backdrop for IT Stocks, but Says You Can Still Win with These 3 ‘Strong Buy’ Names
View original at finance.yahoo.comGoldman Sachs Sees a Tough Backdrop for IT Stocks, but Says You Can Still Win with These 3 ‘Strong Buy’ Names Talk about tech these days, and most people will flash directly to AI…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
Penguin Solutions carries a unanimous Strong Buy consensus rating based on 4 recent positive analyst reviews, with average price target of $25.75
80% confidencePenguin Solutions' AI infrastructure momentum within its core customer base is encouraging, with non-hyperscaler Penguin Computing business up 75% YoY in F2025
80% confidenceDell will continue to be a leader in the AI server OEM market for neocloud customers, supported by differentiated engineering expertise and services capabilities
80% confidenceDell's self-help actions to gain profitable share should partially offset any consolidated margin pressure from greater AI server mix or increased commodity costs
80% confidenceGoldman Sachs rates Penguin Solutions a Buy with a $25 price target suggesting 27% upside.
80% confidenceGoldman Sachs is selectively positive on IT hardware stocks best exposed to categories still in the expansion phase of their multi-year refresh cycle, specifically x86 servers, enterprise storage, and campus networking.
80% confidenceTD Synnex's core distribution business is well positioned to benefit from growth in IT spending driven by the ongoing refresh in campus networking and traditional data center infrastructure.
80% confidenceDell's self-help actions to gain profitable share should partially offset any consolidated margin pressure from greater AI server mix or increased commodity costs.
80% confidenceDell Technologies has a Strong Buy consensus rating based on 16 analyst reviews: 13 Buys, 2 Holds, 1 Sell, with an average price target of $164.
80% confidenceHyve billings growth will continue to outpace the overall TD Synnex company driven by ramping programs with its two existing hyperscale customers.
80% confidenceTD Synnex's Hyve billings growth will continue to outpace the overall company driven by ramping programs with its two existing hyperscale customers
80% confidenceGoldman Sachs sees upside to Dell's outlook for AI server revenue to grow at a 20-25% CAGR from FY2026 to FY2030 at mid single digit percent EBIT margins.
80% confidenceTD Synnex carries a Strong Buy consensus rating based on 7 reviews (6 Buys, 1 Hold), with average price target of $178.57
80% confidencePenguin Solutions has a unanimous Strong Buy consensus rating based on 4 recent positive analyst reviews, with an average price target of $25.75.
80% confidenceDell will continue to be a leader in the AI server OEM market for neocloud customers, supported by differentiated engineering expertise and services capabilities.
80% confidenceGoldman Sachs rates Penguin Solutions as Buy with a $25 price target implying 27% upside
80% confidenceGoldman Sachs rates TD Synnex as Buy with a $180 price target indicating 23% potential upside
80% confidenceGoldman Sachs sees upside to Dell's AI server revenue outlook to grow at 20-25% CAGR (F2026-30) at mid-single-digit EBIT margins, driven by upward capex revisions from tier-two cloud providers and demand from sovereign and enterprise customers
80% confidenceTD Synnex has a goal of returning 50-75% of free cash flow to shareholders in buybacks and dividends, though ramping Hyve may weigh on near-term free cash flow generation.
80% confidenceGoldman Sachs rates Dell as Buy with a 12-month price target of $165
80% confidenceTD Synnex has a strong free cash flow profile with a goal of returning 50-75% of FCF to shareholders in buybacks and dividends, though ramping Hyve may weigh on FCF generation near term
80% confidenceGoldman Sachs rates TD Synnex a Buy with a $180 price target indicating 23% upside potential.
80% confidenceGoldman Sachs rates Dell a Buy with a 12-month price target of $165, implying 48.5% upside.
80% confidenceDell carries a Strong Buy consensus rating based on 16 analyst reviews: 13 Buys, 2 Holds, 1 Sell, with average price target of $164
80% confidencePenguin Solutions' Integrated Memory business fiscal 2026 revenue is expected to grow 20-35% year-over-year, benefiting from higher industry pricing in a supply-constrained environment.
80% confidencePenguin Solutions' 25+ years of HPC experience will position the company favorably to address growing demand in enterprises, sovereigns/public sector, and neoclouds verticals
80% confidenceGoldman Sachs is selectively positive on stocks best exposed to categories still in the expansion phase of their multi-year refresh cycle, specifically x86 servers, enterprise storage, and campus networking
80% confidenceTD Synnex's core distribution business is well positioned to benefit from growth in broader IT spending driven by refresh in campus networking and traditional data center infrastructure
80% confidencePenguin Solutions' non-hyperscaler Penguin Computing business was up 75% year-over-year in fiscal 2025.
80% confidencePenguin Solutions Integrated Memory business F2026 revenue expected to grow 20-35% YoY from higher industry pricing in supply-constrained environment
80% confidence
Data points we hold from this source
| Dell Technologies · market cap | 80 billion_USD |
| Dell Technologies · revenue | 27 billion_USD |
| Dell Technologies · eps | 2.59 USD |