Dell Technologies (NYSE:DELL) Shares Gap Up After Better-Than-Expected Earnings

Dell Technologies Inc. (NYSE:DELL)’s share price gapped up prior to trading on Friday after the company announced better than expected quarterly earnings. The stock had previously closed at $121.45, but opened at $137.37. Dell Technologies shares last traded at $145.2880, with a volume of 14,303,664 shares traded.

The technology company reported $3.89 earnings per share for the quarter, beating the consensus estimate of $3.53 by $0.36. The business had revenue of $33.38 billion for the quarter, compared to analyst estimates of $31.60 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.Dell Technologies’s revenue was up 39.5% compared to the same quarter last year. During the same period last year, the firm posted $2.68 earnings per share. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 20th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Tuesday, January 20th. Dell Technologies’s dividend payout ratio is currently 28.00%.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Blowout Q4 results — Dell reported record quarterly and full‑year revenue and topped EPS and revenue estimates, driving an after‑hours/pre‑market pop. The quarter was cited across outlets as a major beat that underpins the rally. Dell Technologies Stock Jumps on Strong Earnings
• Positive Sentiment: Explosive AI server growth — AI‑optimized server revenue surged ~342% year‑over‑year in the quarter (roughly $9B) and management forecast that AI server revenue will double in fiscal 2027, signaling sustained high‑margin infrastructure demand. Dell shares jump on forecast it will double AI server revenue
• Positive Sentiment: Very strong FY‑2027 guidance — Dell lifted FY guidance well above Street estimates (revenue range and EPS materially ahead of consensus), and cited a large AI server backlog, which supports revenue visibility for the year ahead. Dell Shares Soar on Explosive AI Server Growth
• Neutral Sentiment: Mixed near‑term guidance detail — while FY revenue and EPS guidance were strong, first‑quarter EPS guidance was slightly below some estimates; investors will watch how guidance cadence and margin assumptions play out. Dell forecasts fiscal 2027 revenue above estimates
• Neutral Sentiment: Operational headwinds noted — several reports flagged supply‑chain pressure and rising cost dynamics even as Dell said it has managed memory shortages better than peers; these factors could pressure near‑term margins. Q4 2026 Earnings Call Highlights
• Negative Sentiment: Legacy financial metrics remain a caution — Dell still shows a depressed return on equity and relatively modest net margins versus revenue scale; investors focused on long‑term returns may see these as risks despite top‑line momentum. DELL Earnings / Metrics

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on DELL shares. Daiwa Securities Group upped their price target on shares of Dell Technologies from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Citic Securities upped their target price on Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, November 28th. Raymond James Financial increased their target price on Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a research report on Friday. Bank of America boosted their price target on Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Finally, Zacks Research lowered shares of Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $160.89.

Insider Transactions at Dell Technologies

In other news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the transaction, the director owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. The trade was a 5.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 42.00% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Hedge funds have recently bought and sold shares of the company. Winnow Wealth LLC acquired a new stake in Dell Technologies during the 2nd quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in Dell Technologies during the fourth quarter worth approximately $25,000. Rossby Financial LCC increased its holdings in Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares in the last quarter. Westside Investment Management Inc. lifted its stake in Dell Technologies by 84.7% in the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after buying an additional 100 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Dell Technologies during the 2nd quarter worth approximately $28,000. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Trading Up 19.8%

The firm’s 50-day moving average price is $120.74 and its 200 day moving average price is $131.92. The company has a market cap of $96.43 billion, a price-to-earnings ratio of 19.40, a P/E/G ratio of 0.80 and a beta of 1.03.

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.