Dell Technologies (NYSE:DELL) Updates Q2 2027 Earnings Guidance

Dell Technologies (NYSE:DELL) updated its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 4.800-4.800 for the period, compared to the consensus earnings per share estimate of 2.960. The company issued revenue guidance of $44.0 billion-$45.0 billion, compared to the consensus revenue estimate of $35.1 billion. Dell Technologies also updated its FY 2027 guidance to 17.900-17.900 EPS.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Weiss Ratings upgraded Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 15th. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Bank of America increased their price target on Dell Technologies from $246.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Morgan Stanley upgraded Dell Technologies from an “underweight” rating to a “buy” rating in a report on Friday, May 22nd. Finally, Wolfe Research assumed coverage on Dell Technologies in a research note on Thursday, April 9th. They issued a “peer perform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and a consensus price target of $211.32.

Dell Technologies Stock Performance

NYSE DELL traded up $12.90 on Thursday, hitting $318.22. 21,478,584 shares of the stock traded hands, compared to its average volume of 8,128,556. The business’s fifty day moving average is $208.08 and its two-hundred day moving average is $156.33. 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 PEG ratio of 1.12 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate 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. 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. Analysts expect that Dell Technologies will post 12.21 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total value of $74,883,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $145.13, for a total value of $21,819,714.98. Following the completion of the transaction, the director directly owned 65,662 shares of the company’s stock, valued at $9,529,526.06. The trade was a 69.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,571,688 shares of company stock valued at $576,654,105 over the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Key Dell Technologies News

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

• Positive Sentiment: Dell reported fiscal Q1 revenue of $43.8 billion and adjusted EPS of $4.86, both well ahead of estimates, signaling stronger-than-expected demand and profitability. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI momentum was the standout: Infrastructure Solutions Group revenue jumped, AI-optimized server sales surged, and Dell said it booked $24.4 billion in AI orders, reinforcing the view that it is a key beneficiary of data-center spending. Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised its full-year revenue outlook to $165 billion-$169 billion and lifted its AI-optimized server revenue expectation, suggesting the current growth rate could persist longer than investors expected. Dell Raises Fiscal Year Outlook After Sales Soar 88%

Institutional Investors Weigh In On Dell Technologies

Several large investors have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its stake in Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after buying an additional 2,445,854 shares during the period. Axxcess Wealth Management LLC boosted its stake in Dell Technologies by 3.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 5,094 shares of the technology company’s stock valued at $641,000 after buying an additional 152 shares during the period. Corient Private Wealth LLC boosted its stake in Dell Technologies by 100.2% during the fourth quarter. Corient Private Wealth LLC now owns 222,352 shares of the technology company’s stock valued at $27,990,000 after buying an additional 111,291 shares during the period. Strive Financial Group LLC bought a new stake in Dell Technologies during the fourth quarter valued at $58,000. Finally, Ameriflex Group Inc. boosted its stake in Dell Technologies by 42,450.0% during the fourth quarter. Ameriflex Group Inc. now owns 851 shares of the technology company’s stock valued at $107,000 after buying an additional 849 shares during the period. 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.