Dell Technologies (NYSE:DELL) Releases 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 (EPS) guidance of 4.800-4.800 for the period, compared to the consensus 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%

NYSE DELL traded up $12.90 during trading hours on Thursday, hitting $318.22. 21,478,584 shares of the company were exchanged, compared to its average volume of 8,128,556. The stock has a 50-day moving average price of $211.39 and a 200 day moving average price of $157.54. Dell Technologies has a 52 week low of $106.38 and a 52 week high of $327.73. The stock has a market cap of $205.49 billion, a PE ratio of 36.49, a price-to-earnings-growth ratio of 1.12 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data 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. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The company had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. 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, sell-side analysts anticipate that Dell Technologies will post 12.21 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wall Street Zen lowered Dell Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Mizuho boosted their price target on Dell Technologies from $215.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Truist Financial assumed coverage on Dell Technologies in a report on Tuesday, March 31st. They issued a “hold” rating and a $170.00 price target for the company. Raymond James Financial boosted their price target on Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Wolfe Research assumed coverage on Dell Technologies in a report on Thursday, April 9th. They set a “peer perform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $211.32.

Insider Activity at Dell Technologies

In other Dell Technologies news, insider William F. Scannell sold 143,067 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the completion of the sale, the insider owned 21,779 shares in the company, valued at $3,593,535. This represents a 86.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO David Alan Kennedy sold 19,500 shares of the company’s stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $182.53, for a total value of $3,559,335.00. Following the sale, the chief financial officer owned 183,097 shares of the company’s stock, valued at approximately $33,420,695.41. This represents a 9.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,571,688 shares of company stock valued at $576,654,105 over the last 90 days. 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 fiscal Q1 revenue of $43.8 billion and adjusted EPS of $4.86, both well ahead of estimates, signaling stronger-than-expected demand and profitability. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI momentum was the standout: Infrastructure Solutions Group revenue jumped, AI-optimized server sales surged, and Dell said it booked $24.4 billion in AI orders, reinforcing the view that it is a key beneficiary of data-center spending. Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised its full-year revenue outlook to $165 billion-$169 billion and lifted its AI-optimized server revenue expectation, suggesting the current growth rate could persist longer than investors expected. Dell Raises Fiscal Year Outlook After Sales Soar 88%

Hedge Funds Weigh In On Dell Technologies

Large investors have recently made changes to their positions in the business. Brighton Jones LLC increased its position in shares of Dell Technologies by 42.7% during 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 in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Dell Technologies during the second quarter worth $328,000. DV Equities LLC acquired a new position in shares of Dell Technologies during the fourth quarter worth $53,000. Resources Management Corp CT ADV increased its position in shares of Dell Technologies by 364.3% during the fourth quarter. Resources Management Corp CT ADV now owns 650 shares of the technology company’s stock worth $82,000 after purchasing an additional 510 shares in the last quarter. Finally, Johnson Financial Group Inc. increased its position in shares of Dell Technologies by 51.4% during the fourth quarter. Johnson Financial Group Inc. now owns 424 shares of the technology company’s stock worth $53,000 after purchasing an additional 144 shares in the last quarter. 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.