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

Dell Technologies (NYSE:DELL) updated its third quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share 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.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DELL. Jefferies Financial Group cut Dell Technologies to a “hold” rating in a research report on Monday, June 1st. Sanford C. Bernstein upped their target price on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Mizuho raised their price target on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. William Blair assumed coverage on Dell Technologies in a report on Monday, June 1st. They set a “neutral” rating for the company. Finally, Raymond James Financial reissued an “outperform” rating on shares of Dell Technologies in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $501.18.

Dell Technologies Trading Down 7.3%

Shares of NYSE:DELL opened at $422.54 on Wednesday. The stock has a market capitalization of $273.85 billion, a PE ratio of 33.56, a P/E/G ratio of 0.94 and a beta of 1.34. Dell Technologies has a 1 year low of $110.22 and a 1 year high of $514.00. The firm has a fifty day moving average price of $433.44 and a 200 day moving average price of $301.96.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $44.89 billion. During the same period last year, the company earned $1.70 earnings per share. The business’s revenue was up 57.7% compared to the same quarter last year. 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. On average, sell-side analysts forecast that Dell Technologies will post 18.32 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

Insider Buying and Selling

In other news, Director Spv-2 L.P. Sl sold 59,492 shares of the business’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the completion of the sale, the director directly owned 89,222 shares in the company, valued at approximately $40,465,745.88. The trade was a 40.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $438.21, for a total transaction of $886,060.62. Following the transaction, the director directly owned 25,267 shares of the company’s stock, valued at approximately $11,072,252.07. This represents a 7.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,134,674 shares of company stock valued at $870,637,926 in the last quarter. Company insiders own 41.50% of the company’s stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell reported fiscal Q2 revenue of approximately $47 billion, up 57.7% year over year and above the roughly $44.9 billion consensus estimate. Adjusted earnings of $7.04 per share exceeded expectations near $4.91. Dell again lifts forecasts as AI demand powers record results
• Positive Sentiment: AI-optimized server revenue reached $16.4 billion, doubling year over year. Record AI-server orders of $60.9 billion and a backlog reported at approximately $95 billion provide visibility into future growth. Dell AI Server Momentum Accelerates With Record AI Orders
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to $192 billion from $167 billion and adjusted EPS guidance to $25.50 from $17.90. Third-quarter guidance of $49 billion in revenue and $6.50 EPS also sits well above analyst forecasts. Dell Technologies Boosts Fiscal Year Outlook
• Positive Sentiment: Morgan Stanley, Goldman Sachs and Citigroup raised their price targets, signaling that analysts see potential for further earnings estimates and valuation revisions. Dell shares rise as demand jumps for AI servers
• Neutral Sentiment: Dell declared a quarterly dividend of $0.63 per share, payable October 30 to shareholders of record October 20, supporting shareholder returns but offering a relatively modest yield.
• Negative Sentiment: Investors may remain focused on execution risks, including securing scarce components for AI systems, potential server-margin pressure from elevated memory costs, and the need to convert the large backlog into profitable revenue.
• Negative Sentiment: Dell’s sharp prior rally leaves elevated expectations, while broader weakness in technology stocks, higher bond yields and geopolitical-driven oil prices could limit gains. Reported insider activity also shows substantial selling, although such transactions may reflect diversification rather than deteriorating fundamentals.

Institutional Investors Weigh In On Dell Technologies

Large investors have recently modified their holdings of the stock. Rossby Financial LCC boosted its stake in Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after buying an additional 184 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in Dell Technologies during the 4th quarter worth about $29,000. WealthCollab LLC increased its holdings in shares of Dell Technologies by 82.0% in 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 in the last quarter. State of Wyoming acquired a new stake in shares of Dell Technologies in the 2nd quarter valued at $33,000. Finally, Elkhorn Partners Limited Partnership increased 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 purchasing an additional 100 shares during the period. 76.37% of the stock is currently owned by institutional investors.

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.