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Dell Technologies Inc. logo

Dell Technologies Inc.

DELL

NYSETechnologyComputer Hardware

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Previous close

$441.98

+$7.20 · +1.66%

Aug 21, 4:00 PM ET

DELL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

69

Undervalued

Momentum

68

Gaining

Sentiment

42

Mixed

Risk resilience

57

Elevated Risk

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AI-generated, informational only, and not investment advice.

Company profile

Industry
Computer Hardware
Sector
Technology
Headquarters
US

Market position

Day range

Current $441.98

52-week range

Current $441.98

Open
$439.35
Previous close
$434.78
Volume
3.66M
Market cap
293.59B USD
50-day average
$426.57
+3.61% above average
200-day average
$235.66
+87.55% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
95.81B USD
P/E (TTM)
34.53×
P/B (TTM)
-204.31×
P/S (TTM)
2.19×
EV / EBITDA
8.08×
Earnings yield
7.83%
Free cash flow yield
11.28%
Dividend yield
0.52%

Profitability & efficiency

Gross margin
19.07%
Operating margin
8.02%
Net margin
6.28%
Return on equity
-240.32%
Return on assets
5.86%
Return on invested capital
15.00%

Financial health

Debt / equity
-22.19×
Current ratio
0.91×
Altman Z-score
3.05
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%17%9%0%Gross margin, FY2022: 21.63%Gross margin, FY2023: 22.18%Gross margin, FY2024: 23.83%Gross margin, FY2025: 22.24%Gross margin, FY2026: 20.00%Operating margin, FY2022: 4.60%Operating margin, FY2023: 5.64%Operating margin, FY2024: 6.12%Operating margin, FY2025: 6.53%Operating margin, FY2026: 7.44%Net margin, FY2022: 5.50%Net margin, FY2023: 2.39%Net margin, FY2024: 3.83%Net margin, FY2025: 4.81%Net margin, FY2026: 5.23%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 21.63%. Gross margin FY2023 22.18%. Gross margin FY2024 23.83%. Gross margin FY2025 22.24%. Gross margin FY2026 20.00%. Operating margin FY2022 4.60%. Operating margin FY2023 5.64%. Operating margin FY2024 6.12%. Operating margin FY2025 6.53%. Operating margin FY2026 7.44%. Net margin FY2022 5.50%. Net margin FY2023 2.39%. Net margin FY2024 3.83%. Net margin FY2025 4.81%. Net margin FY2026 5.23%.

Income trends

Revenue

113.54B USD+18.80%

Operating income

8.45B USD+35.42%

Net income

5.94B USD+29.27%
Income trends across reported periods124.65B USD80.21B USD35.77B USD−8.67B USDRevenue, FY2022: 101.2B USDRevenue, FY2023: 102.3B USDRevenue, FY2024: 88.43B USDRevenue, FY2025: 95.57B USDRevenue, FY2026: 113.54B USDOperating income, FY2022: 4.66B USDOperating income, FY2023: 5.77B USDOperating income, FY2024: 5.41B USDOperating income, FY2025: 6.24B USDOperating income, FY2026: 8.45B USDNet income, FY2022: 5.56B USDNet income, FY2023: 2.44B USDNet income, FY2024: 3.39B USDNet income, FY2025: 4.59B USDNet income, FY2026: 5.94B USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 101.2B USD. Revenue FY2023 102.3B USD. Revenue FY2024 88.43B USD. Revenue FY2025 95.57B USD. Revenue FY2026 113.54B USD. Operating income FY2022 4.66B USD. Operating income FY2023 5.77B USD. Operating income FY2024 5.41B USD. Operating income FY2025 6.24B USD. Operating income FY2026 8.45B USD. Net income FY2022 5.56B USD. Net income FY2023 2.44B USD. Net income FY2024 3.39B USD. Net income FY2025 4.59B USD. Net income FY2026 5.94B USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue113.54B USD95.57B USD88.43B USD102.3B USD101.2B USD
Cost of goods sold90.83B USD74.32B USD67.36B USD79.62B USD79.31B USD
Gross profit22.71B USD21.25B USD21.07B USD22.69B USD21.89B USD
Research and development3.14B USD3.06B USD2.8B USD2.78B USD2.58B USD
Selling, general, and administrative11.12B USD11.95B USD12.34B USD13.77B USD14.56B USD
Operating expenses14.26B USD15.01B USD15.66B USD16.92B USD17.23B USD
Interest income279M USD160M USD329M USD100M USD62M USD
Interest expense1.56B USD1.41B USD1.5B USD1.28B USD1.54B USD
Depreciation and amortization3.03B USD3.12B USD3.3B USD3.16B USD4.55B USD
Operating income8.45B USD6.24B USD5.41B USD5.77B USD4.66B USD
Net income5.94B USD4.59B USD3.39B USD2.44B USD5.56B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+13.68%
11 comparable reports
Latest EPS result
4.86
Estimate 2.96 · Beat by 64.19%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates5.163.882.61.32Q4 '24BeatQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 26, 2024: actual 2.15, estimate 2.04, surprise +5.39%, Beat. Q1 2025, reported Feb 27, 2025: actual 2.68, estimate 2.52, surprise +6.35%, Beat. Q2 2025, reported May 29, 2025: actual 1.55, estimate 1.7, surprise -8.82%, Miss. Q3 2025, reported Aug 28, 2025: actual 2.32, estimate 2.29, surprise +1.31%, Beat. Q4 2025, reported Nov 25, 2025: actual 2.59, estimate 2.47, surprise +4.86%, Beat. Q1 2026, reported Feb 26, 2026: actual 3.89, estimate 3.53, surprise +10.20%, Beat. Q2 2026, reported May 28, 2026: actual 4.86, estimate 2.96, surprise +64.19%, Beat. Q3 2026, reported Sep 1, 2026: actual —, estimate 4.89, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates46.66B38.24B29.81B21.39BQ4 '24MissQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 26, 2024: actual 24.37B USD, estimate 24.67B USD, surprise -1.24%, Miss. Q1 2025, reported Feb 27, 2025: actual 23.93B USD, estimate 24.57B USD, surprise -2.59%, Miss. Q2 2025, reported May 29, 2025: actual 23.38B USD, estimate 23.18B USD, surprise +0.85%, Beat. Q3 2025, reported Aug 28, 2025: actual 29.78B USD, estimate 29.02B USD, surprise +2.62%, Beat. Q4 2025, reported Nov 25, 2025: actual 27.01B USD, estimate 27.15B USD, surprise -0.55%, Miss. Q1 2026, reported Feb 26, 2026: actual 33.38B USD, estimate 31.67B USD, surprise +5.39%, Beat. Q2 2026, reported May 28, 2026: actual 43.84B USD, estimate 35.74B USD, surprise +22.66%, Beat. Q3 2026, reported Sep 1, 2026: actual —, estimate 44.87B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$495.85

12.19% upside
Past 12 months12-month forecastHigh $700Average $495.85Low $289

Rating distribution

45 ratings
Strong buy00%
Buy2658%
Hold1738%
Sell24%
Strong sell00%

Recent analyst actions

12 institutions

DELL news

cnbc.com

Top Wall Street analysts believe in the growth potential of these 3 stocks

Analysts are bullish on the prospects of several stocks due to their long-term growth potential and exposure to lucrative areas, such as artificial intelligence.

Read source
fool.com

Should You Buy Dell Stock Before the Huge Investor Update?

More of its revenue is coming from customers building data centers, and that's great news for investors.

Read source
seekingalpha.com

Our Top 10 High Growth Dividend Stocks - August 2026

The article provides a methodology for selecting high-growth dividend-paying stocks, focusing on dividend growth and sustainability rather than high current yield. We use our proprietary models to rate both…

Read source
seekingalpha.com

I'm Downgrading Dell Ahead Of Q2 Earnings (Preview)

Dell Technologies (DELL) is downgraded from Buy to Hold ahead of Q2 2027 earnings due to valuation concerns. DELL's AI infrastructure and storage growth, plus a looming PC refresh cycle, have driven rapid top-line and…

Read source
zacks.com

Beyond Chipmakers: 4 Stocks to Buy That Power AI Data Center Expansion

Dell, Celestica, Lumentum and Vertiv offer four ways to tap into AI data center growth across servers, networking, optics, power and cooling.

Read source
zacks.com

Can Team Liquid Partnership Strengthen DELL Against HPQ & CRSR?

Dell Technologies' renewal of its Team Liquid partnership could sharpen Alienware's gaming edge as HP and Corsair expand across premium PCs and peripherals.

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.02

2025 complete year+40.3% since 2023

2026 partial: $1.785

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 21, 2026

$0.63

Quarterly

Record Jul 21, 2026 · Payment Jul 31, 2026

Dividend

Ex-dividend Apr 21, 2026

$0.63

Quarterly

Record Apr 21, 2026 · Payment May 1, 2026

Dividend

Ex-dividend Jan 20, 2026

$0.525

Quarterly

Record Jan 20, 2026 · Payment Jan 30, 2026

Dividend

Ex-dividend Oct 21, 2025

$0.525

Quarterly

Record Oct 21, 2025 · Payment Oct 31, 2025

Dividend

Ex-dividend Jul 22, 2025

$0.525

Quarterly

Record Jul 22, 2025 · Payment Aug 1, 2025

Dividend

Ex-dividend Apr 22, 2025

$0.525

Quarterly

Record Apr 22, 2025 · Payment May 2, 2025

DELL peers

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SAP SE logo

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Arista Networks, Inc. logo

ANET

Arista Networks, Inc.

$188.65

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International Business Machines Corporation logo

IBM

International Business Machines Corporation

$235.68

+0.85%

Amphenol Corporation logo

APH

Amphenol Corporation

$157.01

+2.55%

ETFs holding DELL

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
3.78B
Weight
0.16%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
3.08B
Weight
0.18%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
1.7B
Weight
0.19%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
1.56B
Weight
0.19%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
1.13B
Weight
0.44%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
State Street Technology Select Sector SPDR ETF logoState Street Technology Select Sector SPDR ETFXLK
Market value
1B
Weight
0.84%
AUM
119.4B USD
Expense ratio
0.08%
Price / 1D
$183.31+0.11%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
932.45M
Weight
0.58%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard High Dividend Yield ETF logoVanguard High Dividend Yield ETFVYM
Market value
491.27M
Weight
0.49%
AUM
99.2B USD
Expense ratio
0.04%
Price / 1D
$164.97+0.59%

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