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

Dell Technologies (NYSE:DELL) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 17.900-17.900 for the period, compared to the consensus earnings per share estimate of 12.900. The company issued revenue guidance of $165.0 billion-$169.0 billion, compared to the consensus revenue estimate of $143.4 billion. Dell Technologies also updated its Q2 2027 guidance to 4.800-4.800 EPS.

Dell Technologies Trading Up 32.8%

Shares of Dell Technologies stock opened at $420.96 on Friday. Dell Technologies has a 12 month low of $106.38 and a 12 month high of $429.15. The stock’s fifty day moving average price is $216.82 and its 200-day moving average price is $159.38. The firm has a market cap of $271.83 billion, a P/E ratio of 33.44, a P/E/G ratio of 1.16 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $1.82. Dell Technologies had a net margin of 6.28% and a negative return on equity of 324.36%. The company had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same period in the prior year, the business earned $1.55 EPS. The firm’s quarterly revenue was up 87.5% on a year-over-year basis. 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. Analysts forecast that Dell Technologies will post 12.21 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have issued reports on DELL shares. JPMorgan Chase & Co. increased their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday. Evercore increased their target price on shares of Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday. Melius Research set a $565.00 target price on shares of Dell Technologies in a report on Friday. Sanford C. Bernstein increased their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Argus increased their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $421.00.

Insider Buying and Selling at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total transaction of $74,883,300.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $145.13, for a total value of $21,819,714.98. Following the transaction, the director directly owned 65,662 shares in the company, valued at approximately $9,529,526.06. The trade was a 69.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,571,688 shares of company stock worth $576,654,105 over the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Key Dell Technologies News

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

• Positive Sentiment: Dell reported revenue of $43.8 billion, up 88% year over year, and EPS of $4.86, far above Wall Street expectations, signaling a major earnings beat. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI server demand was the main catalyst: Dell said AI-optimized server revenue jumped 757% to $16.1 billion, with $24.4 billion of AI orders and a record backlog, showing demand remains very strong. Reuters: Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised full-year guidance to $165 billion-$169 billion in revenue and lifted AI-server revenue expectations, which suggests the growth surge may continue into the next quarters. WSJ: Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets sharply, which can add momentum to the stock. Benzinga: Dell’s AI-Fueled Surge May Be Far From Over
• Neutral Sentiment: The Pentagon contract is strategically important and supports Dell’s enterprise/software relationships, but investors appear to be focusing more on the AI-server earnings beat than the contract itself. CNBC: Dell wins a $9.7 billion Pentagon software deal

Hedge Funds Weigh In On Dell Technologies

Large investors have recently made changes to their positions in the business. Rossby Financial LCC boosted its stake in Dell Technologies by 968.4% in the 4th 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. Kemnay Advisory Services Inc. acquired a new stake in Dell Technologies in the 4th quarter worth approximately $29,000. WealthCollab LLC boosted its stake in Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares in the last quarter. State of Wyoming acquired a new stake in Dell Technologies in the 2nd quarter worth approximately $33,000. Finally, Elkhorn Partners Limited Partnership boosted its stake in Dell Technologies by 50.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 300 shares of the technology company’s stock worth $38,000 after purchasing an additional 100 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

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.