Dell Technologies Inc - Ordinary Shares - Class C

Dell Technologies Inc - Ordinary Shares - Class C

DELL

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Market Cap$377.96B
Close$

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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 C32.50.41%-797%2.3-34.5

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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$526.49

Target Price by Analysts

1.8% downsideDell Technologies Target Price DetailsTarget Price
$68.33

Current Fair Value

87.3% downside

Overvalued by 87.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$377.96 Billion
Enterprise Value$415.62 Billion
Dividend Yield$2.31 (0.41%)
Earnings per Share$8.96
Beta1.41
Outstanding Shares645,000,000

Return

Return on Equity-797.34%ROE
Return on Assets8.93%
Return on Invested Capital31.95%

Valuation & Multiples

P/E Ratio32.53P/E Ratio
PEG12.75PEG
Price to Sales2.29Price to Sales
Price to Book Ratio-178.8Price to Book Ratio
Enterprise Value to Revenue2.75
Enterprise Value to EBIT29.77
Enterprise Value to Net Income36
Total Debt to Enterprise0.12
Debt to Equity-34.5Debt 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
$6.56
Average shareholder expectation
Revenue Estimate
$49.24 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 %37.15%▼ 1.04%
Total Invested$102.32B▲ 151.64%
Investors Holding2,263▲ 513.00%

ESG Score

No data

About Dell Technologies Inc

CEO: Michael Dell