Stocks · Technology · Computer Hardware
Dell Technologies Inc. DELL
$562.52 +3.84% Close, Oct 2, 2026 · NYSE · Market cap $373.59B
Strong growthStrong trend
Next earnings report: Nov 24, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $17.23, up 153.4% year over year.
- Over the past year the stock returned +275.8%, ahead of the S&P 500 by 260.7 percentage points.
- At 32.6× trailing earnings, the shares trade at the highest P/E of the company's past five years.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth94Exceptional
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 10%
- EPS growth (TTM, YoY)Top 13%
- FCF growth (TTM, YoY)Top 18%
- Revenue growth, 3-year CAGRBottom 42%
- Revenue growth accelerationTop 10%
Quality39Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 7%
- Gross marginBottom 13%
- Operating marginTop 38%
- Cash conversion (OCF / net income)Bottom 21%
- Accruals (lower is better)Bottom 17%
- Net debt / EBITDA (lower is better)Bottom 37%
- Interest coverTop 30%
Value52Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 28%
- Free-cash-flow yieldBottom 45%
- EBITDA / enterprise valueTop 38%
- Sales / enterprise valueTop 35%
- P/E vs own 5-year history (lower is better)Bottom 4%
Momentum100Exceptional
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 2%
- 6-month returnTop 2%
- 1-year return vs S&P 500Top 3%
- Distance from 52-week highTop 12%
- Trend checklist (0–4)Top 18%
Revisions49Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 19%
- Consecutive EPS beatsTop 37%
- Share of analysts rating BuyBottom 35%
- Upside to consensus price targetBottom 17%
Stability29Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 26%
- Maximum drawdown, 3 yearsTop 47%
- Beta vs S&P 500 (lower is better)Bottom 27%
- Net debt / EBITDA (lower is better)Bottom 37%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 38.8% | 49.2% | ↑ |
| EPS growth (YoY) | 100.8% | 153.4% | ↑ |
| Gross margin | 20.9% | 19.8% | ↓ |
| Operating margin | 6.7% | 9.6% | ↑ |
| FCF margin | 4.8% | 5.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 49.2% | 38.8% | ↑ | Top 10% |
| EPS growth (TTM, YoY) | 153.4% | 100.8% | ↑ | Top 13% |
| Gross margin | 19.8% | 20.9% | ↓ | Bottom 13% |
| Operating margin | 9.6% | 6.7% | ↑ | Top 38% |
| Net margin | 7.5% | 4.7% | ↑ | — |
| Free-cash-flow margin | 5.7% | 4.8% | ↑ | — |
| Return on invested capital | 22.8% | — | Top 7% | |
| Revenue growth, 3-year CAGR | 3.5% | — | Bottom 42% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.07×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +21.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.24×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 9.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.42%
- Net buyback yield (TTM)
- 2.18%
- Shareholder yield
- 2.60%
- Share count change, 1 year
- -7.1%
- Share count change, 3-year CAGR
- -4.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Sep 8, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 5
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +30.7%
- Average 2-day reaction, last 8
- -1.6%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $563.41
- Target vs current price
- +0.2%
- Analysts with a rating
- 45
- Share rating Buy or Strong Buy
- 56%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 1, 2026 | +43.4% | -6.8% | +17.1% | +18.3% | — |
| May 28, 2026 | +64.2% | +3.8% | +37.9% | +34.1% | +44.8% |
| Feb 26, 2026 | +10.2% | -1.6% | +19.1% | +49.0% | +104.7% |
| Nov 25, 2025 | +4.9% | -1.0% | +6.9% | +0.3% | -6.4% |
| Aug 28, 2025 | +1.3% | +1.2% | -4.4% | -1.2% | -11.4% |
| May 29, 2025 | -8.8% | -0.1% | -0.9% | +10.7% | +15.0% |
| Feb 27, 2025 | +6.3% | -6.8% | -15.9% | -16.8% | -3.2% |
| Nov 26, 2024 | +5.4% | -1.7% | -12.9% | -17.5% | -23.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 1, 2026 | $7.04 | $4.91 | +43.4% | $46.97B |
| May 28, 2026 | $4.86 | $2.96 | +64.2% | $43.84B |
| Feb 26, 2026 | $3.89 | $3.53 | +10.2% | $33.38B |
| Nov 25, 2025 | $2.59 | $2.47 | +4.9% | $27.00B |
| Aug 28, 2025 | $2.32 | $2.29 | +1.3% | $29.78B |
| May 29, 2025 | $1.55 | $1.70 | -8.8% | $23.38B |
| Feb 27, 2025 | $2.68 | $2.52 | +6.3% | $23.93B |
| Nov 26, 2024 | $2.15 | $2.04 | +5.4% | $24.37B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 32.6× | 18.1× | 100th | Top 28% |
| P/E (forward) | 21.7× | — | — | — |
| EV / EBITDA | 21.5× | — | — | Top 38% |
| EV / Sales | 2.62× | — | — | Top 35% |
| Free-cash-flow yield | 2.29% | — | — | Bottom 45% |
| Earnings yield | 3.06% | — | — | Top 28% |
P/E over the past five years
Range 5.4× – 31.0× since Jul 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +275.8%
- Earnings per share growth (TTM)
- +153.4%
- Change in P/E multiple
- +71.3%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 22
- Days above the 200-day average
- 151
- 50-day average slope (20 days)
- +11.8%
- 200-day average slope (20 days)
- +16.6%
- Distance from 50-day average
- +15.0%
- Distance from 200-day average
- +91.9%
- RSI (14)
- 58.2
- Relative volume
- 0.59×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 79.8%
- Volatility vs own 5-year history
- 94th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.91
- Correlation with S&P 500
- 0.46
- Current drawdown from 1-year high
- -4.4%
- Maximum drawdown, 3 years
- -60.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 29, 2024 | Apr 4, 2025 | -60.0% | 213 days | 243 days (Mar 25, 2026) |
| Feb 9, 2022 | Oct 12, 2022 | -44.4% | 169 days | 223 days (Sep 1, 2023) |
| Jun 1, 2026 | Jul 29, 2026 | -20.7% | 40 days | 4 days (Aug 4, 2026) |
| Oct 14, 2020 | Oct 30, 2020 | -14.7% | 12 days | 23 days (Dec 3, 2020) |
| Mar 1, 2024 | Mar 14, 2024 | -14.6% | 9 days | 13 days (Apr 3, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $373.59B
- P/E (TTM)
- 32.6
- EPS, diluted (TTM)
- $17.23
- Revenue (TTM)
- $151.20B
- Dividend yield
- 0.52%
- 52-week range
- $110.22 – $595.51
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $101.20B | $102.30B | $88.42B | $95.57B | $113.54B |
| Gross profit | $21.89B | $22.69B | $21.07B | $21.25B | $22.71B |
| Operating income | $4.66B | $5.77B | $5.41B | $6.24B | $8.45B |
| Net income | $5.56B | $2.44B | $3.39B | $4.59B | $5.94B |
| EPS (diluted) | $7.02 | $3.24 | $4.60 | $6.38 | $8.68 |
| Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $24.37B | $23.81B | $23.38B | $29.78B | $27.00B | $33.38B | $43.84B | $46.97B |
| Net income | $1.13B | $1.53B | $965.0M | $1.16B | $1.55B | $2.26B | $3.44B | $4.13B |
| EPS (diluted) | $1.58 | $2.15 | $1.37 | $1.70 | $2.28 | $3.37 | $5.24 | $6.34 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $10.31B | $3.56B | $8.68B | $4.52B | $11.19B |
| Capital expenditure | -$2.80B | -$3.00B | -$2.76B | -$2.65B | -$2.63B |
| Free cash flow | $7.51B | $562.0M | $5.92B | $1.87B | $8.55B |
| Dividends paid | $0 | -$964.0M | -$1.07B | -$1.27B | -$1.46B |
| Net share buybacks | -$1.50B | -$3.28B | -$2.44B | -$3.16B | -$6.01B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $11.57B
- Total assets
- $127.39B
- Total liabilities
- $128.82B
- Total debt
- $34.47B
- Net debt
- $22.90B
- Shareholders’ equity
- -$1.43B
As of Jul 31, 2026 (filed Sep 8, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 20, 2026 | $0.63 | Oct 30, 2026 |
| Jul 21, 2026 | $0.63 | Jul 31, 2026 |
| Apr 21, 2026 | $0.63 | May 1, 2026 |
| Jan 20, 2026 | $0.53 | Jan 30, 2026 |
| Oct 21, 2025 | $0.53 | Oct 31, 2025 |
| Jul 22, 2025 | $0.53 | Aug 1, 2025 |
| Apr 22, 2025 | $0.53 | May 2, 2025 |
| Jan 22, 2025 | $0.45 | Jan 31, 2025 |
Short interest
- Shares sold short
- 13,693,224
- Days to cover
- 1.00
- Change vs previous report
- -5.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 2, 2021
- 1,973-for-1,000
- Dec 28, 2018
- 903-for-500