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

Dell Technologies (NYSE:DELL) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 25.500-25.500 for the period, compared to the consensus estimate of 18.720. The company issued revenue guidance of $192.0 billion-$192.0 billion, compared to the consensus revenue estimate of $173.9 billion. Dell Technologies also updated its Q3 2027 guidance to 6.500-6.500 EPS.

Dell Technologies Price Performance

NYSE:DELL traded down $33.47 during mid-day trading on Tuesday, reaching $422.54. The company’s stock had a trading volume of 14,189,237 shares, compared to its average volume of 8,103,475. Dell Technologies has a twelve month low of $110.22 and a twelve month high of $514.00. The company’s fifty day simple moving average is $433.55 and its two-hundred day simple moving average is $299.86. The stock has a market cap of $273.85 billion, a P/E ratio of 33.56, a P/E/G ratio of 0.95 and a beta of 1.33.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. 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. Sell-side analysts expect that Dell Technologies will post 18.32 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s payout ratio is 20.02%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on DELL shares. JPMorgan Chase & Co. raised their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Barclays downgraded shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. Wells Fargo & Company boosted their target price on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. HSBC upgraded shares of Dell Technologies to a “buy” rating in a research note on Friday, May 29th. Finally, TD Cowen lifted their price target on Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $485.23.

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the firm’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $31,160,919.24. Following the sale, the director directly owned 67,990 shares in the company, valued at approximately $30,836,184.60. This trade represents a 50.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $438.21, for a total transaction of $886,060.62. Following the completion of the transaction, the director owned 25,267 shares of the company’s stock, valued at approximately $11,072,252.07. This trade represents a 7.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 2,332,712 shares of company stock worth $954,404,039. Company insiders own 41.50% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Analysts expect strong fiscal Q2 results, including approximately 49% year-over-year revenue growth to $44.48 billion, with some Wall Street firms anticipating an earnings beat and a higher full-year outlook. Dell Poised for Strong Fiscal Q2 Beat, Outlook Raise, BofA Says
• Positive Sentiment: Dell’s AI server business remains the central growth driver. The company reportedly delivered $16.1 billion of AI servers last quarter and has a substantial backlog, while observers believe its full ownership of the AI server operation could help it benefit from continued data-center investment. DELL Earnings Justifying Stock Rally? AI Growth & Backlog Delivery Critical
• Neutral Sentiment: The earnings release is a major near-term catalyst. Options markets imply an approximately 11% post-earnings move, highlighting unusually high volatility and the potential for a sharp reaction in either direction. DELL Stock – Options Traders Brace for 11.4% Move after Q2 Results
• Negative Sentiment: The stock’s steep rally has raised the bar for results. Investors are focused not only on AI revenue growth and backlog conversion, but also on whether supply constraints, rising memory costs and server margins could weaken profitability. Dell Reports Tuesday, and Its Server Margin Is Where the AI Memory Bill Finally Reaches the Stock
• Negative Sentiment: Broader risk-off trading is adding pressure: higher oil prices, inflation concerns and rising Treasury yields are weighing on technology stocks and making Dell’s premium valuation more difficult to justify. Dell stock falls before earnings: strong AI demand will not alone sustain 250% rally

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Rossby Financial LCC boosted its position in shares of Dell Technologies by 968.4% during 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 in the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Dell Technologies in the 4th quarter worth approximately $29,000. WealthCollab LLC lifted its stake in Dell Technologies by 82.0% during 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 during the last quarter. State of Wyoming bought a new stake in Dell Technologies during the second 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 worth $38,000 after buying an additional 100 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

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.