Dell Technologies (NYSE:DELL) Issues Q2 2026 Earnings Guidance

Dell Technologies (NYSE:DELL) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.250-2.25 for the period, compared to the consensus EPS estimate of 2.110. The company issued revenue guidance of $28.5 billion-$29.5 billion. Dell Technologies also updated its FY 2026 guidance to 9.400-9.40 EPS.

Dell Technologies Stock Down 2.1%

DELL stock opened at $111.21 on Friday. The stock has a market cap of $77.61 billion, a PE ratio of 19.65, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. The firm’s 50-day simple moving average is $95.00 and its 200 day simple moving average is $107.27. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $161.52.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.13). The company had revenue of $23.38 billion for the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.27 EPS. Equities analysts forecast that Dell Technologies will post 6.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DELL shares. Citigroup raised their price objective on shares of Dell Technologies from $128.00 to $135.00 and gave the company a “buy” rating in a research report on Friday. Evercore ISI restated an “outperform” rating on shares of Dell Technologies in a research report on Thursday. Bank of America reduced their price objective on shares of Dell Technologies from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. The Goldman Sachs Group reduced their price objective on shares of Dell Technologies from $165.00 to $145.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. Finally, OTR Global upgraded shares of Dell Technologies from a “negative” rating to a “positive” rating in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $138.00.

Insider Buying and Selling

In related news, CFO Yvonne Mcgill sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $110.80, for a total transaction of $886,400.00. Following the completion of the sale, the chief financial officer now directly owns 245,804 shares in the company, valued at approximately $27,235,083.20. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Brunilda Rios sold 926 shares of the firm’s stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the sale, the chief accounting officer now owns 37,948 shares of the company’s stock, valued at approximately $3,540,168.92. This represents a 2.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. 46.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

A hedge fund recently raised its stake in Dell Technologies stock. Brighton Jones LLC boosted its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 42.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,011 shares of the technology company’s stock after acquiring an additional 901 shares during the quarter. Brighton Jones LLC’s holdings in Dell Technologies were worth $347,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

About Dell Technologies

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).