Dell Technologies (NYSE:DELL) Issues Earnings Results, Beats Estimates By $0.36 EPS

Dell Technologies (NYSE:DELL) issued its quarterly earnings data on Thursday. The technology company reported $3.89 EPS for the quarter, beating the consensus estimate of $3.53 by $0.36, FiscalAI reports. The business had revenue of $33.38 billion during the quarter, compared to the consensus estimate of $31.60 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The firm’s revenue was up 39.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.68 EPS. Dell Technologies updated its Q1 2027 guidance to 2.900-2.900 EPS and its FY 2027 guidance to 12.900-12.900 EPS.

Here are the key takeaways from Dell Technologies’ conference call:

• Dell reported a record FY26 with $113.5B revenue, $10.30 EPS, and industry-leading cash generation (over $11B), driving strong shareholder returns and share repurchases.
• AI demand is accelerating materially — Dell booked $34.1B of AI orders in Q4, shipped $25.2B in AI this year, exited with a $43B AI backlog and says its AI customer base tops 4,000.
• Management guided FY27 to another strong year: revenue of $138B–$142B (midpoint +23%) and non‑GAAP EPS of about $12.90, driven by ~100% AI revenue growth to ~$50B.
• The company warns of severe supply tightness and rising memory/NAND costs that are causing frequent pricing resets and shorter quote windows, creating execution and margin risk — especially near‑term in the high‑volume CSG channel where repricing lags.
• Dell increased shareholder returns and confidence in cash flow with a 20% dividend hike to $2.52 per share and a $10B expansion of its buyback authorization, signaling strong balance‑sheet flexibility.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded down $1.96 during trading on Thursday, reaching $121.52. The stock had a trading volume of 14,177,681 shares, compared to its average volume of 7,339,420. Dell Technologies has a 52 week low of $66.25 and a 52 week high of $168.08. The firm’s fifty day moving average is $120.74 and its 200 day moving average is $131.92. The stock has a market cap of $80.53 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 0.80 and a beta of 1.03.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, January 20th. Dell Technologies’s dividend payout ratio is currently 28.00%.

Wall Street Analysts Forecast Growth

DELL has been the subject of a number of research reports. Mizuho increased their price target on Dell Technologies from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Evercore reissued an “outperform” rating and set a $160.00 price target on shares of Dell Technologies in a research note on Thursday, February 19th. Barclays upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $148.00 price target on the stock in a report on Thursday, January 15th. JPMorgan Chase & Co. dropped their price objective on shares of Dell Technologies from $170.00 to $155.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Finally, Citic Securities boosted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, November 28th. Seventeen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $158.53.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the sale, the director owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 42.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Dell Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Rossby Financial LCC lifted its holdings in shares of Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in Dell Technologies during the 4th quarter valued at $29,000. WealthCollab LLC boosted its holdings in Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after acquiring an additional 114 shares during the last quarter. State of Wyoming bought a new stake in shares of Dell Technologies in the 2nd quarter worth $33,000. Finally, Elkhorn Partners Limited Partnership raised its holdings in shares of Dell Technologies by 50.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 300 shares of the technology company’s stock valued at $38,000 after purchasing an additional 100 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies News Summary

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

• Positive Sentiment: Record Q4 results — Dell delivered better‑than‑expected Q4 revenue and EPS, driven largely by strong AI server sales, which investors view as confirmation the company is capturing AI infrastructure demand. Dell forecasts fiscal 2027 revenue above estimates
• Positive Sentiment: Upgraded outlook — Dell issued FY‑2027 and Q1 guidance above Wall Street expectations (management set fiscal EPS guidance materially higher than consensus), signaling continued top‑line strength into the new year. Dell Delivers Strong Q4 CY2025 Numbers
• Positive Sentiment: Shareholder return — Dell announced a 20% dividend increase, which supports income investors and can reduce downside volatility. Dell’s stock soars, as record earnings signal the company is managing memory shortages well
• Neutral Sentiment: Product momentum — New server introductions (e.g., XR9700) and a reported record AI server backlog underpin the revenue narrative but are medium‑term catalysts rather than immediate cash drivers. Inside Dell’s Backpack‑Sized XR9700
• Neutral Sentiment: Investor materials available — Conference call transcript and slide deck provide more detail on margins, backlog and capital allocation; these will shape analyst revisions over the coming days. Dell Q4 earnings materials
• Negative Sentiment: Macro/market pressure — Broader intraday tech weakness (Nvidia‑led swings) capped gains and contributed to short‑term pullbacks despite the strong print. Traders sensitive to AI‑hardware news can amplify volatility. Equity Markets Mostly Fall Intraday as Nvidia Drags Tech Lower
• Negative Sentiment: Analyst adjustments — Some analysts trimmed price targets (e.g., Wells Fargo lowered its PT while keeping a buy rating), which can temper the immediate upside even though the long‑term thesis remains intact. Wells Fargo Lowers PT on Dell

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.