Dell Technologies (NYSE:DELL) Releases Q2 2027 Earnings Guidance

Key Points

• Dell Technologies raised its Q2 2027 guidance sharply, calling for $4.80 EPS versus the consensus estimate of $2.96 and $44.0 billion-$45.0 billion in revenue versus expectations of $35.1 billion.
• The company also updated its FY 2027 EPS guidance to $17.90, reinforcing management’s confidence in the business outlook after a strong quarter.
• Dell recently reported better-than-expected results, with Q1 revenue of $43.84 billion and adjusted EPS of $4.86, while AI-related demand and server sales were cited as major growth drivers.

Dell Technologies (NYSE:DELL - Get Free Report) updated its second quarter 2027 earnings guidance on Thursday. 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.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Wolfe Research assumed coverage on Dell Technologies in a research report on Thursday, April 9th. They set a "peer perform" rating on the stock. Barclays boosted their price target on Dell Technologies from $148.00 to $168.00 and gave the stock an "overweight" rating in a research report on Friday, February 27th. Daiwa Securities Group boosted their price target on Dell Technologies from $150.00 to $170.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. Citigroup boosted their price target on Dell Technologies from $180.00 to $235.00 and gave the stock a "buy" rating in a research report on Tuesday, April 21st. Finally, Mizuho lifted their target price on Dell Technologies from $215.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $211.32.

Dell Technologies Price Performance

DELL traded up $12.90 during trading on Thursday, hitting $318.22. The stock had a trading volume of 21,478,584 shares, compared to its average volume of 8,128,556. The company has a 50 day moving average price of $208.08 and a 200-day moving average price of $156.33. The firm has a market cap of $205.49 billion, a price-to-earnings ratio of 36.49, a P/E/G ratio of 1.12 and a beta of 0.99. Dell Technologies has a one year low of $106.38 and a one year high of $327.73.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.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 predict that Dell Technologies will post 12.21 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO David Alan Kennedy sold 19,500 shares of the business'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 completion of the sale, the chief financial officer directly owned 183,097 shares in the company, valued at $33,420,695.41. The trade was a 9.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of Dell Technologies stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.81, for a total value of $67,541,420.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,571,688 shares of company stock worth $576,654,105 over the last three months. 41.50% of the stock is currently owned by corporate insiders.

Dell Technologies News Summary

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Rossby Financial LCC increased its holdings 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 position in Dell Technologies in the 4th quarter worth about $29,000. WealthCollab LLC increased its holdings 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 position in Dell Technologies in the 2nd quarter worth about $33,000. Finally, Elkhorn Partners Limited Partnership grew its position in shares of Dell Technologies by 50.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 300 shares of the technology company's stock valued at $38,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

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.

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