Dell Technologies (NYSE:DELL) Updates FY 2026 Earnings Guidance

Dell Technologies (NYSE:DELL) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 9.400-9.40 for the period, compared to the consensus earnings per share estimate of 10.350. The company issued revenue guidance of $101.0 billion-$105.0 billion, compared to the consensus revenue estimate of $110.5 billion. Dell Technologies also updated its Q2 2026 guidance to 2.250-2.25 EPS.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $113.60 on Friday. The stock has a market capitalization of $79.27 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 1.10 and a beta of 0.99. The business has a 50-day moving average of $94.75 and a 200-day moving average of $107.45. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $178.84.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.68 by ($0.13). Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The company had revenue of $23.38 billion during the quarter, compared to the consensus estimate of $23.17 billion. During the same quarter in the previous year, the business earned $1.27 EPS. Dell Technologies’s revenue was up 5.1% on a year-over-year basis. On average, sell-side analysts expect that Dell Technologies will post 6.93 EPS for the current year.

Wall Street Analyst Weigh In

DELL has been the subject of a number of research analyst reports. Barclays lifted their price target on Dell Technologies from $115.00 to $116.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Bank of America reduced their price target on Dell Technologies from $155.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Raymond James lifted their price target on Dell Technologies from $139.00 to $144.00 and gave the stock an “outperform” rating in a report on Tuesday, May 13th. Evercore ISI reiterated an “outperform” rating on shares of Dell Technologies in a report on Thursday. Finally, Mizuho lifted their price target on Dell Technologies from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, May 19th. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $136.12.

Insider Activity

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of $93.29, for a total transaction of $86,386.54. Following the completion of the transaction, the chief accounting officer now directly owns 37,948 shares in the company, valued at $3,540,168.92. The trade was a 2.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Yvonne Mcgill sold 8,000 shares of the business’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 transaction, the chief financial officer now owns 245,804 shares of the company’s stock, valued at approximately $27,235,083.20. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. 46.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Dell Technologies stock. Brighton Jones LLC raised its position in shares of Dell Technologies Inc. (NYSE:DELL) by 42.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,011 shares of the technology company’s stock after purchasing an additional 901 shares during the period. 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).