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

Dell Technologies (NYSE:DELL) issued an update on 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 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.

Dell Technologies Stock Down 7.3%

Shares of DELL traded down $33.47 during trading hours on Tuesday, reaching $422.54. 14,592,096 shares of the company traded hands, compared to its average volume of 8,103,475. The business has a fifty day moving average price of $433.55 and a 200-day moving average price of $299.86. Dell Technologies has a 12-month low of $110.22 and a 12-month high of $514.00. The stock has a market capitalization of $273.85 billion, a P/E ratio of 33.56, a P/E/G ratio of 0.95 and a beta of 1.33.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, July 21st. Dell Technologies’s payout ratio is presently 20.02%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DELL. UBS Group increased their price objective on Dell Technologies from $440.00 to $455.00 and gave the company a “neutral” rating in a report on Wednesday, August 26th. Bank of America upped their target price on Dell Technologies from $500.00 to $505.00 and gave the company a “buy” rating in a research report on Monday. Sanford C. Bernstein increased their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Dell Technologies in a research report on Monday. They set a “hold” rating and a $480.00 price target for the company. Finally, Melius Research set a $565.00 price objective on shares of Dell Technologies in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $485.23.

Insider Transactions at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05. Following the sale, the director directly owned 8,585 shares of the company’s stock, valued at $3,417,946.05. This represents a 94.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Spv-2 L.P. Sl sold 131,040 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $398.13, for a total value of $52,170,955.20. Following the sale, the director owned 12,619 shares in the company, valued at $5,024,002.47. This trade represents a 91.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,332,712 shares of company stock valued at $954,404,039. Insiders own 41.50% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Analysts expect strong fiscal Q2 results, including approximately 49% year-over-year revenue growth to $44.48 billion, with some Wall Street firms anticipating an earnings beat and a higher full-year outlook. Dell Poised for Strong Fiscal Q2 Beat, Outlook Raise, BofA Says
• Positive Sentiment: Dell’s AI server business remains the central growth driver. The company reportedly delivered $16.1 billion of AI servers last quarter and has a substantial backlog, while observers believe its full ownership of the AI server operation could help it benefit from continued data-center investment. DELL Earnings Justifying Stock Rally? AI Growth & Backlog Delivery Critical
• Neutral Sentiment: The earnings release is a major near-term catalyst. Options markets imply an approximately 11% post-earnings move, highlighting unusually high volatility and the potential for a sharp reaction in either direction. DELL Stock – Options Traders Brace for 11.4% Move after Q2 Results
• Negative Sentiment: The stock’s steep rally has raised the bar for results. Investors are focused not only on AI revenue growth and backlog conversion, but also on whether supply constraints, rising memory costs and server margins could weaken profitability. Dell Reports Tuesday, and Its Server Margin Is Where the AI Memory Bill Finally Reaches the Stock
• Negative Sentiment: Broader risk-off trading is adding pressure: higher oil prices, inflation concerns and rising Treasury yields are weighing on technology stocks and making Dell’s premium valuation more difficult to justify. Dell stock falls before earnings: strong AI demand will not alone sustain 250% rally

Institutional Trading of Dell Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in DELL. Brighton Jones LLC increased its holdings in Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after acquiring an additional 901 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Dell Technologies during the second quarter valued at $328,000. Marshall Wace LLP acquired a new stake in shares of Dell Technologies in the second quarter valued at about $809,000. Gamco Investors INC. ET AL increased its stake in shares of Dell Technologies by 30.2% during the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after purchasing an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Dell Technologies by 147.2% during the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares in the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Company Profile

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.