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

Dell Technologies (NYSE:DELL) updated its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 25.500-25.500 for the period, compared to the consensus earnings per share estimate of 18.720. The company issued revenue guidance of $192.0 billion-$192.0 billion, compared to the consensus revenue estimate of $173.9 billion. Dell Technologies also updated its Q3 2027 guidance to 6.500-6.500 EPS.

Dell Technologies Stock Up 15.8%

Shares of Dell Technologies stock opened at $492.00 on Thursday. Dell Technologies has a 52 week low of $110.22 and a 52 week high of $514.00. The firm has a market cap of $318.87 billion, a PE ratio of 28.55, a price-to-earnings-growth ratio of 0.88 and a beta of 1.34. The business’s fifty day simple moving average is $434.61 and its 200-day simple moving average is $304.63.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 529.54% and a net margin of 7.53%.The firm had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. During the same period last year, the company earned $1.70 earnings per share. The company’s revenue for the quarter was up 57.7% on a year-over-year basis. 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. As a group, equities analysts expect that Dell Technologies will post 18.32 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. CLSA upgraded Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Loop Capital upped their price target on shares of Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. boosted their price objective on shares of Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a report on Wednesday. The Goldman Sachs Group increased their target price on shares of Dell Technologies from $510.00 to $570.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Argus lifted their price objective on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $550.70.

Insiders Place Their Bets

In related news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the transaction, the director directly owned 43,961 shares in the company, valued at approximately $19,938,071.94. This represents a 44.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were 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 sold 1,738,596 shares of company stock worth $704,346,083 in the last three months. Company insiders own 41.50% of the company’s stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell reported record quarterly revenue of $46.97 billion, up 58% year over year, while adjusted earnings per share of $7.04 substantially exceeded the $4.91 analyst consensus. Net income increased 255% to approximately $4.1 billion. Dell again lifts forecasts as AI demand powers record results
• Positive Sentiment: AI-optimized server revenue doubled to $16.4 billion, quarterly AI-server orders reached a record $60.9 billion, and Dell’s AI backlog expanded to $95 billion. Investors view the backlog as evidence that data-center spending is translating into sizable future revenue. Dell Stock Jumps Nearly 10% as AI Backlog Hits $95 Billion
• 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 came in well above consensus estimates. Dell surges after lifting fiscal 2027 forecast on AI server strength
• Positive Sentiment: Several analysts raised price targets, including JPMorgan’s increase to $635 with an overweight rating. Dell also declared a quarterly dividend of $0.63 per share and returned $4.3 billion through buybacks and dividends. Dell shares rise as demand jumps for AI servers
• Neutral Sentiment: Dell introduced the Dell 14S, a value-focused laptop for students and young adults featuring an aluminum design and up to 21 hours of battery life. The product broadens Dell’s consumer strategy beyond its premium XPS line, but its financial impact remains unproven. Meet the Dell 14S
• Negative Sentiment: Investors remain concerned about component shortages, execution risks, and whether AI-server growth can produce sustainable margins. Some analysts maintained Hold or downgraded the stock after its sharp run-up, while reported insider selling adds a cautionary signal.

Hedge Funds Weigh In On Dell Technologies

Several hedge funds and other institutional investors have recently modified their holdings of DELL. Invesco Ltd. raised its holdings in Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after buying an additional 2,445,854 shares during the period. Axxcess Wealth Management LLC lifted its stake in shares of Dell Technologies by 3.1% during the fourth 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 lifted its stake in shares of Dell Technologies by 100.2% during the fourth 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 in the last quarter. Strive Financial Group LLC purchased a new stake in shares of Dell Technologies during the 4th quarter valued at about $58,000. Finally, Ameriflex Group Inc. boosted its holdings in Dell Technologies by 42,450.0% in the 4th quarter. Ameriflex Group Inc. now owns 851 shares of the technology company’s stock worth $107,000 after acquiring an additional 849 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

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.