Dell Technologies (NYSE:DELL) Releases FY 2026 Earnings Guidance

Dell Technologies (NYSE:DELL - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 9.400-9.40 for the period, compared to the consensus estimate of 10.350. The company issued revenue guidance of $101.0 billion-$105.0 billion, compared to the consensus revenue estimate of $110.5 billion. Dell Technologies also updated its Q2 2026 guidance to 2.250-2.25 EPS.

Analyst Upgrades and Downgrades

A number of research firms have commented on DELL. TD Cowen boosted their price target on shares of Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" rating in a research note on Friday. Wells Fargo & Company dropped their price target on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a research note on Friday, February 28th. Bank of America decreased their price objective on Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, February 18th. JPMorgan Chase & Co. increased their price target on shares of Dell Technologies from $111.00 to $125.00 and gave the company an "overweight" rating in a research report on Friday. Finally, The Goldman Sachs Group lowered their price objective on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a report on Monday, March 3rd. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $137.59.

Dell Technologies Stock Down 3.1%

Shares of NYSE:DELL traded down $3.55 during midday trading on Friday, hitting $110.08. 13,097,257 shares of the stock traded hands, compared to its average volume of 10,146,925. The stock has a market capitalization of $76.82 billion, a PE ratio of 19.43, a P/E/G ratio of 1.10 and a beta of 0.99. Dell Technologies has a one year low of $66.25 and a one year high of $178.84. The business's 50 day moving average is $94.75 and its two-hundred day moving average is $107.45.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The business had revenue of $23.38 billion for the quarter, compared to the consensus estimate of $23.17 billion. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The company's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.27 EPS. As a group, sell-side analysts forecast that Dell Technologies will post 6.93 earnings per share for the current year.

Insider Buying and Selling

In other Dell Technologies news, 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 sale, the chief financial officer now directly owns 245,804 shares of the company's stock, valued at approximately $27,235,083.20. The trade was a 3.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Brunilda Rios sold 926 shares of the firm's 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 completion of the transaction, the chief accounting officer now owns 37,948 shares of the company's stock, valued at approximately $3,540,168.92. The trade was a 2.38% decrease in their position. The disclosure for this sale can be found here. 46.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Dell Technologies

An institutional investor recently raised its position in Dell Technologies stock. Brighton Jones LLC increased its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 42.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,011 shares of the technology company's stock after acquiring an additional 901 shares during the quarter. Brighton Jones LLC's holdings in Dell Technologies were worth $347,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 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).