Dell Technologies (NYSE:DELL) Releases Q3 2027 Earnings Guidance

Dell Technologies (NYSE:DELL) updated its third quarter 2027 earnings guidance on Tuesday. The company provided EPS guidance of 6.500-6.500 for the period, compared to the consensus EPS estimate of 4.070. The company issued revenue guidance of $49.0 billion-$49.0 billion, compared to the consensus revenue estimate of $41.9 billion. Dell Technologies also updated its FY 2027 guidance to 25.500-25.500 EPS.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “outperform” rating in a report on Wednesday. Raymond James Financial boosted their price target on Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research note on Wednesday. KeyCorp reiterated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Dell Technologies in a research note on Monday. They set a “hold” rating and a $480.00 price target on the stock. Finally, Wolfe Research downgraded shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $550.70.

Dell Technologies Stock Performance

DELL opened at $492.00 on Thursday. Dell Technologies has a twelve month low of $110.22 and a twelve month high of $514.00. The business has a 50 day moving average price of $434.61 and a 200 day moving average price of $304.63. The firm has a market cap of $318.87 billion, a P/E ratio of 28.55, a price-to-earnings-growth ratio of 0.88 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 529.54%. The firm had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same quarter in the previous year, the business earned $1.70 EPS. The business’s revenue was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. As a group, analysts anticipate that Dell Technologies will post 18.32 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is currently 14.63%.

Insider Transactions at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 131,040 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $398.13, for a total value of $52,170,955.20. Following the completion of the transaction, the director owned 12,619 shares in the company, valued at $5,024,002.47. The trade was a 91.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $398.13, for a total value of $55,294,285.05. Following the transaction, the director directly owned 8,585 shares in the company, valued at approximately $3,417,946.05. This represents a 94.18% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,738,596 shares of company stock valued at $704,346,083. Insiders own 41.50% of the company’s stock.

Key Headlines Impacting Dell Technologies

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Dell reported record quarterly revenue of $46.97 billion, up 58% year over year, while adjusted earnings per share of $7.04 substantially exceeded the $4.91 analyst consensus. Net income increased 255% to approximately $4.1 billion. Dell again lifts forecasts as AI demand powers record results
• Positive Sentiment: AI-optimized server revenue doubled to $16.4 billion, quarterly AI-server orders reached a record $60.9 billion, and Dell’s AI backlog expanded to $95 billion. Investors view the backlog as evidence that data-center spending is translating into sizable future revenue. Dell Stock Jumps Nearly 10% as AI Backlog Hits $95 Billion
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to $192 billion from $167 billion and adjusted EPS guidance to $25.50 from $17.90. Third-quarter guidance of $49 billion in revenue and $6.50 EPS also came in well above consensus estimates. Dell surges after lifting fiscal 2027 forecast on AI server strength
• Positive Sentiment: Several analysts raised price targets, including JPMorgan’s increase to $635 with an overweight rating. Dell also declared a quarterly dividend of $0.63 per share and returned $4.3 billion through buybacks and dividends. Dell shares rise as demand jumps for AI servers
• Neutral Sentiment: Dell introduced the Dell 14S, a value-focused laptop for students and young adults featuring an aluminum design and up to 21 hours of battery life. The product broadens Dell’s consumer strategy beyond its premium XPS line, but its financial impact remains unproven. Meet the Dell 14S
• Negative Sentiment: Investors remain concerned about component shortages, execution risks, and whether AI-server growth can produce sustainable margins. Some analysts maintained Hold or downgraded the stock after its sharp run-up, while reported insider selling adds a cautionary signal.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Rossby Financial LCC lifted its stake in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares during the period. Kemnay Advisory Services Inc. acquired a new stake in shares of Dell Technologies during the fourth quarter worth $29,000. WealthCollab LLC boosted its position in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the period. State of Wyoming acquired a new position in Dell Technologies during the 2nd quarter worth approximately $33,000. Finally, Elkhorn Partners Limited Partnership grew its position in Dell Technologies by 50.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 300 shares of the technology company’s stock valued at $38,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.