Dell Technologies (NYSE:DELL) Releases Earnings Results

Dell Technologies (NYSE:DELL - Get Free Report) released its quarterly earnings data on Thursday. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by ($0.13), RTT News reports. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The business had revenue of $23.38 billion for the quarter, compared to analysts' expectations of $23.17 billion. During the same quarter in the prior year, the firm earned $1.27 earnings per share. Dell Technologies's quarterly revenue was up 5.1% compared to the same quarter last year. Dell Technologies updated its Q2 2026 guidance to 2.250-2.25 EPS and its FY 2026 guidance to 9.400-9.40 EPS.

Dell Technologies Trading Down 2.1%

NYSE:DELL traded down $2.42 during midday trading on Friday, hitting $111.21. 19,189,102 shares of the stock were exchanged, compared to its average volume of 9,803,194. Dell Technologies has a one year low of $66.25 and a one year high of $161.52. The company has a market capitalization of $77.61 billion, a price-to-earnings ratio of 19.65, a P/E/G ratio of 1.10 and a beta of 0.99. The business has a 50-day moving average price of $95.00 and a two-hundred day moving average price of $106.89.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Bank of America decreased their price objective on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating for the company in a research note on Tuesday, February 18th. Raymond James lifted their price target on Dell Technologies from $144.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday. OTR Global upgraded Dell Technologies from a "negative" rating to a "positive" rating in a research note on Wednesday, February 12th. Morgan Stanley raised their target price on shares of Dell Technologies from $89.00 to $126.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. Finally, Loop Capital cut their target price on shares of Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $138.00.

Insider Buying and Selling

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of Dell Technologies stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of $93.29, for a total value of $86,386.54. Following the transaction, the chief accounting officer now owns 37,948 shares in the company, valued at approximately $3,540,168.92. The trade was a 2.38% 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, CFO Yvonne Mcgill sold 8,000 shares of Dell Technologies stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $110.80, for a total transaction of $886,400.00. Following the completion of the transaction, the chief financial officer now owns 245,804 shares in the company, valued at approximately $27,235,083.20. This trade represents a 3.15% decrease in their position. The disclosure for this sale can be found here. 42.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

A hedge fund recently raised its stake in Dell Technologies stock. Brighton Jones LLC raised its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 42.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,011 shares of the technology company's stock after buying an additional 901 shares during the period. Brighton Jones LLC's holdings in Dell Technologies were worth $347,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 76.37% of the company's stock.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).