Dell and Okta Earnings Preview: AI Infrastructure and Security in Focus

Key Facts

1Okta is expected to benefit from AI-driven security demand and partner growth in its fiscal first quarter.

2Dell revenues are projected near $35.5 billion, driven by surging AI server demand despite PC market competition.

Investors are focusing on the fiscal first-quarter results for Dell and Okta, as Dell is expected to benefit from surging AI server demand despite PC market competition, with revenues projected near $35.5 billion. In the cybersecurity sector, Okta is anticipated to leverage AI-driven security demand and strategic partner growth during the same period.

This anticipation comes as the AI infrastructure sector shows robust momentum; Nvidia recently reported record data center revenue growth of 427% year-over-year according to its latest earnings report, bolstering the outlook for hardware providers like Dell. Per market data, sustained enterprise spending on cloud security continues to support Okta’s competitive positioning against peers such as CrowdStrike and Microsoft.

Regarding price action, Dell closed at $161.20 and Okta at $94.50 (close May 22, 2026) ahead of the releases. Traders should monitor the FOMC Minutes scheduled for May 20, 2026, as monetary policy signals could impact the valuations of high-growth technology stocks in the near term.