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

Dell Technologies (NYSE:DELL) issued an update on its second quarter 2027 earnings guidance on Thursday morning. 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.

Dell Technologies Stock Up 4.2%

Dell Technologies stock opened at $318.22 on Friday. The company has a market capitalization of $205.49 billion, a PE ratio of 36.49, a P/E/G ratio of 1.12 and a beta of 0.99. The firm has a fifty day simple moving average of $211.39 and a two-hundred day simple moving average of $157.54. Dell Technologies has a twelve month low of $106.38 and a twelve month high of $327.73.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The firm’s revenue for the quarter was up 87.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.55 earnings per share. 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. As a group, equities analysts expect that Dell Technologies will post 12.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DELL has been the subject of several recent research reports. The Goldman Sachs Group boosted their price target on shares of Dell Technologies from $215.00 to $230.00 in a research note on Thursday, April 30th. Evercore boosted their price target on shares of Dell Technologies from $240.00 to $270.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Wells Fargo & Company increased their price target on shares of Dell Technologies from $180.00 to $270.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. increased their price target on shares of Dell Technologies from $205.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Finally, UBS Group reissued a “neutral” rating and set a $440.00 price target on shares of Dell Technologies in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $255.35.

Insider Activity

In related news, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction dated Friday, March 6th. The shares were 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 in the company, valued at $9,529,526.06. This trade represents a 69.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total transaction of $74,883,300.00. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 3,571,688 shares of company stock valued at $576,654,105. 41.50% of the stock is owned by company insiders.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell reported record Q1 revenue and earnings that beat analyst estimates by a wide margin, reinforcing that demand for its AI servers remains exceptionally strong.
• Positive Sentiment: Management raised full-year revenue and profit guidance, which suggests the current AI buildout is translating into a much larger earnings opportunity than previously expected.
• Positive Sentiment: AI-optimized server revenue surged, and the company said it booked large AI orders, supporting the view that Dell is becoming a major beneficiary of AI infrastructure spending.
• Neutral Sentiment: Dell also won a $9.7 billion Pentagon software contract, which adds to investor optimism, though the earnings beat and guidance raise appear to be the main drivers of the stock move.
• Negative Sentiment: Management noted supply constraints and a memory-chip crunch, which could limit how quickly Dell can convert demand into revenue if component shortages persist.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DELL. Brighton Jones LLC raised its stake in shares of Dell Technologies by 42.7% in the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dell Technologies in the second quarter worth approximately $328,000. DV Equities LLC bought a new stake in shares of Dell Technologies in the fourth quarter worth approximately $53,000. Resources Management Corp CT ADV grew its stake in shares of Dell Technologies by 364.3% in the fourth quarter. Resources Management Corp CT ADV now owns 650 shares of the technology company’s stock worth $82,000 after acquiring an additional 510 shares during the period. Finally, Johnson Financial Group Inc. grew its stake in shares of Dell Technologies by 51.4% in the fourth quarter. Johnson Financial Group Inc. now owns 424 shares of the technology company’s stock worth $53,000 after acquiring an additional 144 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.