Dell Technologies (NYSE:DELL) Issues Q3 2027 Earnings Guidance

Dell Technologies (NYSE:DELL) issued an update on its third quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 6.500-6.500 for the period, compared to the consensus earnings per share estimate of 4.070. The company issued revenue guidance of $49.0 billion-$49.0 billion, compared to the consensus revenue estimate of $41.9 billion. Dell Technologies also updated its FY 2027 guidance to 25.500-25.500 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DELL shares. Citigroup upped their target price on Dell Technologies from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Citic Securities boosted their price target on shares of Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research note on Monday, June 1st. TD Cowen upped their price objective on shares of Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a report on Friday, May 29th. CLSA raised shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Finally, Sanford C. Bernstein upped their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $485.23.

Dell Technologies Price Performance

Shares of DELL traded down $33.47 during midday trading on Tuesday, hitting $422.54. 14,189,237 shares of the company traded hands, compared to its average volume of 8,103,475. Dell Technologies has a one year low of $110.22 and a one year high of $514.00. The firm has a market cap of $273.85 billion, a P/E ratio of 33.56, a PEG ratio of 0.95 and a beta of 1.33. The stock has a 50-day moving average of $433.55 and a 200-day moving average of $299.86.

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

Dell Technologies Dividend Announcement

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

Insiders Place Their Bets

In related news, Director Silver Lake Partners V. De (Aiv sold 34,869 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 $15,814,486.26. Following the completion of the sale, the director owned 43,961 shares of the company’s stock, valued at $19,938,071.94. This trade represents a 44.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of Dell Technologies stock in a transaction on Monday, August 24th. The shares were sold at an average price of $438.21, for a total transaction of $886,060.62. Following the completion of the sale, the director owned 25,267 shares in the company, valued at approximately $11,072,252.07. This trade represents a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 2,332,712 shares of company stock worth $954,404,039. Corporate insiders own 41.50% of the company’s stock.

Key Headlines Impacting Dell Technologies

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 Investors Weigh In On Dell Technologies

A number of large investors have recently modified their holdings of DELL. Invesco Ltd. grew its stake in shares of Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after purchasing an additional 2,445,854 shares during the period. Axxcess Wealth Management LLC increased its stake in shares of Dell Technologies by 3.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 5,094 shares of the technology company’s stock worth $641,000 after purchasing an additional 152 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Dell Technologies by 100.2% in the 4th quarter. Corient Private Wealth LLC now owns 222,352 shares of the technology company’s stock worth $27,990,000 after purchasing an additional 111,291 shares during the period. Strive Financial Group LLC purchased a new position in Dell Technologies during the fourth quarter valued at $58,000. Finally, Ameriflex Group Inc. lifted its position 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 purchasing an additional 849 shares in the last quarter. Institutional investors 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.