Dell Technologies (NYSE:DELL) Updates FY 2027 Earnings Guidance

Dell Technologies (NYSE:DELL) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 17.900-17.900 for the period, compared to the consensus earnings per share estimate of 12.900. The company issued revenue guidance of $165.0 billion-$169.0 billion, compared to the consensus revenue estimate of $143.4 billion. Dell Technologies also updated its Q2 2027 guidance to 4.800-4.800 EPS.

Dell Technologies Price Performance

Shares of DELL stock opened at $318.22 on Friday. Dell Technologies has a 12-month low of $106.38 and a 12-month high of $327.73. The firm has a market capitalization of $205.49 billion, a price-to-earnings ratio of 36.49, a price-to-earnings-growth ratio of 1.12 and a beta of 0.99. The business has a 50 day simple moving average of $211.39 and a 200 day simple moving average of $157.54.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same period in the prior year, the company posted $1.55 EPS. The business’s revenue for the quarter was up 87.5% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. On average, equities analysts anticipate that Dell Technologies will post 12.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DELL. Wolfe Research began coverage on Dell Technologies in a research report on Thursday, April 9th. They issued a “peer perform” rating for the company. UBS Group restated a “neutral” rating and issued a $440.00 target price on shares of Dell Technologies in a research report on Friday. Daiwa Securities Group lifted their target price on Dell Technologies from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. The Goldman Sachs Group lifted their target price on Dell Technologies from $215.00 to $230.00 in a report on Thursday, April 30th. Finally, Wells Fargo & Company lifted their target price on Dell Technologies from $180.00 to $270.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $255.35.

Insider Activity at Dell Technologies

In other news, insider William F. Scannell sold 143,067 shares of the stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the completion of the sale, the insider owned 21,779 shares in the company, valued at approximately $3,593,535. This represents a 86.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.81, for a total value of $67,541,420.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 3,571,688 shares of company stock worth $576,654,105. 41.50% of the stock is owned by corporate insiders.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell reported record Q1 revenue and earnings that beat analyst estimates by a wide margin, reinforcing that demand for its AI servers remains exceptionally strong.
• Positive Sentiment: Management raised full-year revenue and profit guidance, which suggests the current AI buildout is translating into a much larger earnings opportunity than previously expected.
• Positive Sentiment: AI-optimized server revenue surged, and the company said it booked large AI orders, supporting the view that Dell is becoming a major beneficiary of AI infrastructure spending.
• Neutral Sentiment: Dell also won a $9.7 billion Pentagon software contract, which adds to investor optimism, though the earnings beat and guidance raise appear to be the main drivers of the stock move.
• Negative Sentiment: Management noted supply constraints and a memory-chip crunch, which could limit how quickly Dell can convert demand into revenue if component shortages persist.

Institutional Investors Weigh In On Dell Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Rossby Financial LCC lifted its holdings in shares of Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies in the fourth quarter valued at $29,000. WealthCollab LLC lifted its holdings in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. State of Wyoming purchased a new stake in shares of Dell Technologies in the second quarter valued at $33,000. Finally, Elkhorn Partners Limited Partnership lifted its holdings in shares of 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 and hedge funds own 76.37% of the company’s stock.

Dell Technologies Company Profile

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.