Dell Technologies Inc - Ordinary Shares - Class C

Dell Technologies Inc - Ordinary Shares - Class C

DELL

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Market Cap$302.8B
Close$

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P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Dell Technologies Inc - Ordinary Shares - Class CDell Technologies Inc - Ordinary Shares - Class C35.60.51%-599%2.5-31.6

Earnings Call Q2 2027

September 1, 2026 - AI Summary

Blowout quarter + strong EPS growth (good): Dell reported Q2 FY27 revenue of ~$47B (+58% YoY) and non-GAAP diluted EPS of $7.04 (+203% YoY). The company highlighted modernization-driven operating leverage, enabling earnings to grow far faster than revenue.
Demand picture is extremely strong and AI-led (good/surprising): - AI: $60.9B AI server orders in the quarter (record) and $16.4B AI server revenue. Ending AI backlog ~$95B, and pipeline grew sequentially. - Traditional servers & networking: Revenue +122% YoY (management says demand outstrips supply and growth is largely from existing enterprise modernization; they also see some incremental AI/agentic-driven CPU demand). - Storage: Revenue +26% YoY with strong demand for Dell IP; management claims 6 consecutive quarters of Dell IP storage demand growth above market and continued margin improvement from Dell IP mix. - CSG (PCs/consumer + commercial): Revenue +20% YoY, with commercial +22% (8th straight quarter up) and consumer +7% (4th straight quarter up).
Guidance raised; second half expected to accelerate (key forecast): Management expects Q3 revenue ~$49B (+~80% YoY at midpoint) and raised full-year expectations: - Full-year FY27 revenue guide: ~$192B (+~70% YoY at midpoint) - Full-year non-GAAP diluted EPS guide: ~$25.50 (+~150% YoY at midpoint) - ISG growth: ~120% full-year, driven by AI server revenue ~3x YoY to ~$74B; traditional servers >100%, storage mid-teens, CSG mid-teens. - Operating leverage: OpEx ~8% of revenue (management says this is the lowest in 42 years) and operating income +~120% in FY27.

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$423.84

Target Price by Analysts

19.1% downsideDell Technologies Target Price DetailsTarget Price
$74.18

Current Fair Value

85.8% downside

Overvalued by 85.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$302.80 Billion
Enterprise Value$335.57 Billion
Dividend Yield$2.31 (0.51%)
Earnings per Share$8.96
Beta1.4
Outstanding Shares649,000,000

Return

Return on Equity-598.93%ROE
Return on Assets7.32%
Return on Invested Capital24.97%

Valuation & Multiples

P/E Ratio35.61P/E Ratio
PEG13.9PEG
Price to Sales2.54Price to Sales
Price to Book Ratio-174.67Price to Book Ratio
Enterprise Value to Revenue2.5
Enterprise Value to EBIT33.33
Enterprise Value to Net Income39
Total Debt to Enterprise0.13
Debt to Equity-31.59Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
September 3, 2026
EPS Estimate
$4.88
Average shareholder expectation
Revenue Estimate
$44.86 B
Average shareholder expectation

Next Earnings Call

Expected Date
November 24, 2026
EPS Estimate
$6.39
Average shareholder expectation
Revenue Estimate
$48.82 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.2444 16.70%
Total Calls21,106,522 19.36%
Total Puts26,265,042 5.24%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %67.46% 29.27%
Total Invested$102.54B 152.21%
Investors Holding2,256 509.00%

ESG Score

No data

About Dell Technologies Inc

CEO: Michael Dell