** Dell DELL.N shares jump 39.5% to $442.13 premarket, after it boosted its annual revenue and profit forecasts, citing strong demand for its AI-optimized servers

** Co raised its annual rev forecast to between $165 bln and $169 bln and adjusted EPS forecast to $17.90, both well above prior views and analyst estimates

** "Not only do they get an A for execution, but you can make an argument that Dell is even the best way to play AI out there," said analysts at Melius Research

** Co expects AI server revenue of roughly $60 bln for fiscal 2027, up from prior $50 bln forecast, as tech giants ramp up AI infrastructure spending

** Dell reported 88% jump in Q1 revenue to $43.84 bln, beating analysts' average estimate of $35.43 bln

** 19 of 28 brokerages rate the stock "buy" or higher, 8 "hold" and 1 "sell" or lower; their median PT is $236.5 - as per data compiled by LSEG

** As of last close, Dell shares have jumped about 152.8% year-to-date, far outpacing the S&P 500's .SPX 10.5% rise