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NYSE:DVMT

Dell Technologies (DVMT) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$79.25
$81.60
50-Day Range
N/A
52-Week Range
$64.96
$107.22
Volume
1.92 million shs
Average Volume
3.87 million shs
Market Capitalization
$61.44 billion
P/E Ratio
12.97
Dividend Yield
N/A
Price Target
N/A
DVMT stock logo

About Dell Technologies Stock (NYSE:DVMT)

Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) products and services worldwide. It operates through three segments: Client Solutions Group (CSG), Infrastructure Solutions Group (ISG), and VMware. The CSG segment offers hardware, such as desktop personal computers, notebooks, and workstations; and branded peripherals, including monitors and projectors; third-party software and peripherals; and attached software, peripherals, and services comprising support and deployment, configuration, and extended warranty services. The ISG segment provides traditional and next-generation storage solutions consisting of flash arrays, scale-out files, object platforms, and other software solutions; and rack, blade, tower, and hyper scale servers. The VMware segment offers compute, cloud, mobility, networking and security infrastructure software, including software-defined data center products, such as vSphere, vSAN, VMware NSX, and vRealize products; VMware Cloud solution that enables customers to run, manage, connect, and secure applications across private and public clouds; and end-user computing products comprising Workspace ONE solution, which enables IT organizations to deliver access to applications, data, and devices. The company also provides cybersecurity solutions; intelligence-driven information security solutions; cloud-native platform for software development and IT operations; cloud-based integration services; cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments; and financing services. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

DVMT Stock News Headlines

Dell's market cap breaks $100B for first time
See More Headlines
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Industry, Sector and Symbol

Industry
Electronic Computers
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$-3,728,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$78.66 billion
Cash Flow
$16.39 per share
Book Value
$18.78 per share

Miscellaneous

Free Float
N/A
Market Cap
$61.44 billion
Optionable
Optionable
Beta
0.47
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Key Executives

Should I Buy Dell Technologies Stock? DVMT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Dell Technologies Inc.:

  • Dell Technologies Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's diversified product portfolio, including cutting-edge technologies like the latest Dell XPS laptops and Alienware gaming PCs, positions it well in the competitive tech market.
  • Recent strategic acquisitions by Dell Technologies Inc., such as the purchase of a cloud computing company, have expanded its market reach and capabilities.
  • With a current stock price that is undervalued compared to its peers in the tech industry, Dell Technologies Inc. presents a potential buying opportunity for investors.
  • The company's focus on innovation and research & development ensures a pipeline of new products and services to drive future growth.

Cons

Investors should be bearish about investing in Dell Technologies Inc. for these reasons:

  • Despite revenue growth, Dell Technologies Inc. faces intense competition from established tech giants like Apple, Microsoft, and HP, which could impact its market share.
  • The company's heavy reliance on hardware sales makes it vulnerable to fluctuations in the global supply chain and semiconductor shortages.
  • Dell Technologies Inc.'s debt levels are relatively high, which could pose risks in times of economic downturns or rising interest rates.
  • Market volatility and uncertainties in the tech sector could affect Dell Technologies Inc.'s stock price, leading to potential short-term fluctuations.
  • Investors should carefully monitor Dell Technologies Inc.'s ability to adapt to rapidly changing technology trends and consumer preferences to ensure long-term sustainability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, June 5, 2024. Please send any questions or comments about these Dell Technologies pros and cons to contact@marketbeat.com.

DVMT Stock Analysis - Frequently Asked Questions

What other stocks do shareholders of Dell Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dell Technologies investors own include Bank of America (BAC), Alibaba Group (BABA), VMware (VMW), Micron Technology (MU), NVIDIA (NVDA), Adobe (ADBE), Netflix (NFLX), International Business Machines (IBM), CVS Health (CVS) and Dell Technologies (DELL).

This page (NYSE:DVMT) was last updated on 6/10/2024 by MarketBeat.com Staff

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