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

Key Points

• Dell issued FY 2027 guidance calling for EPS of $25.50 and revenue of $192.0 billion, well above consensus estimates of $18.72 EPS and $173.9 billion revenue. Q3 FY 2027 EPS guidance was set at $6.50.
• Despite the upbeat outlook and quarterly earnings beat—$7.04 EPS versus the $4.91 consensus and $46.97 billion in revenue—Dell shares fell 7.3% to $422.54 in Tuesday trading.
• Analysts maintain a broadly positive view, with a “Moderate Buy” consensus rating and an average price target of $485.23; Dell also declared a quarterly dividend of $0.63 per share, yielding approximately 0.6%.

Dell Technologies (NYSE:DELL - Get Free Report) updated its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 25.500-25.500 for the period, compared to the consensus estimate of 18.720. The company issued revenue guidance of $192.0 billion-$192.0 billion, compared to the consensus revenue estimate of $173.9 billion. Dell Technologies also updated its Q3 2027 guidance to 6.500-6.500 EPS.

Dell Technologies Stock Down 7.3%

Shares of NYSE DELL traded down $33.47 during midday trading on Tuesday, hitting $422.54. The company had a trading volume of 14,189,237 shares, compared to its average volume of 8,103,475. The firm has a market capitalization of $273.85 billion, a price-to-earnings ratio of 33.56, a price-to-earnings-growth ratio of 0.95 and a beta of 1.33. Dell Technologies has a twelve month low of $110.22 and a twelve month high of $514.00. The business has a 50-day simple moving average of $433.55 and a two-hundred day simple moving average of $299.86.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, equities analysts forecast that Dell Technologies will post 18.32 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies's dividend payout ratio is currently 20.02%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Wall Street Zen raised Dell Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 30th. The Goldman Sachs Group boosted their target price on Dell Technologies from $230.00 to $500.00 and gave the stock a "buy" rating in a research report on Monday, June 1st. Susquehanna set a $289.00 price target on Dell Technologies and gave the company a "neutral" rating in a research report on Friday, May 29th. Bank of America lifted their price target on Dell Technologies from $500.00 to $505.00 and gave the stock a "buy" rating in a research note on Monday. Finally, Wolfe Research lowered shares of Dell Technologies from a "peer perform" rating to a "peer perform" rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Dell Technologies has an average rating of "Moderate Buy" and an average price target of $485.23.

Insider Buying and Selling

In other news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the company's stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the sale, the director directly owned 43,961 shares in the company, valued at $19,938,071.94. This represents a 44.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $438.21, for a total value of $886,060.62. Following the sale, the director directly owned 25,267 shares in the company, valued at approximately $11,072,252.07. The trade was a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,332,712 shares of company stock worth $954,404,039 in the last quarter. Corporate insiders own 41.50% of the company's stock.

More Dell Technologies News

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

• Positive Sentiment: Analysts expect strong fiscal Q2 results, including approximately 49% year-over-year revenue growth to $44.48 billion, with some Wall Street firms anticipating an earnings beat and a higher full-year outlook. Dell Poised for Strong Fiscal Q2 Beat, Outlook Raise, BofA Says
• Positive Sentiment: Dell’s AI server business remains the central growth driver. The company reportedly delivered $16.1 billion of AI servers last quarter and has a substantial backlog, while observers believe its full ownership of the AI server operation could help it benefit from continued data-center investment. DELL Earnings Justifying Stock Rally? AI Growth & Backlog Delivery Critical
• Neutral Sentiment: The earnings release is a major near-term catalyst. Options markets imply an approximately 11% post-earnings move, highlighting unusually high volatility and the potential for a sharp reaction in either direction. DELL Stock – Options Traders Brace for 11.4% Move after Q2 Results
• Negative Sentiment: The stock’s steep rally has raised the bar for results. Investors are focused not only on AI revenue growth and backlog conversion, but also on whether supply constraints, rising memory costs and server margins could weaken profitability. Dell Reports Tuesday, and Its Server Margin Is Where the AI Memory Bill Finally Reaches the Stock
• Negative Sentiment: Broader risk-off trading is adding pressure: higher oil prices, inflation concerns and rising Treasury yields are weighing on technology stocks and making Dell’s premium valuation more difficult to justify. Dell stock falls before earnings: strong AI demand will not alone sustain 250% rally

Institutional Investors Weigh In On Dell Technologies

Several hedge funds have recently modified their holdings of DELL. Rossby Financial LCC raised its position in shares of Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company's stock valued at $26,000 after buying an additional 184 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Dell Technologies during the fourth quarter worth approximately $29,000. WealthCollab LLC grew 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 acquiring an additional 114 shares during the period. State of Wyoming acquired a new position in Dell Technologies in the 2nd quarter valued at $33,000. Finally, Elkhorn Partners Limited Partnership lifted its stake in shares of Dell Technologies by 50.0% during 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 during the period. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source