Dell delays ‘Project Maverick’ AI overhaul by three months

Dell has delayed its internal AI initiative, Project Maverick, by three months, with key transitions now set for May and August 2026, according to an internal memo. The overhaul aims to simplify Dells IT architecture to support its AI strategy. BofA cut its price target to $160, while analysts expect Q3 revenue of $27.29 billion and EPS of $2.48.