Dell Technologies Inc. (DELL)
NYSE: DELL · IEX Real-Time Price · USD
131.64
-0.81 (-0.61%)
At close: Jun 11, 2024, 4:00 PM
131.94
+0.30 (0.23%)
After-hours: Jun 11, 2024, 7:59 PM EDT
Dell Technologies Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Dell Technologies stock have an average target of 132.35, with a low estimate of 56 and a high estimate of 185. The average target predicts an increase of 0.54% from the current stock price of 131.64.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DELL stock from 17 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 7 |
| Buy | 6 | 8 | 8 | 8 | 8 | 8 |
| Hold | 1 | 0 | 0 | 0 | 0 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 15 | 15 | 15 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $98 → $97 | Sell | Maintains | $98 → $97 | -26.31% | May 31, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $105 → $155 | Hold | Maintains | $105 → $155 | +17.75% | May 31, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $170 → $175 | Buy | Maintains | $170 → $175 | +32.94% | May 31, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $152 → $155 | Buy | Maintains | $152 → $155 | +17.75% | May 31, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $130 → $180 | Strong Buy | Maintains | $130 → $180 | +36.74% | May 29, 2024 |
Financial Forecast
Revenue This Year
96.15B
from 88.43B
Increased by 8.74%
Revenue Next Year
103.08B
from 96.15B
Increased by 7.20%
EPS This Year
7.82
from 4.36
Increased by 79.28%
EPS Next Year
8.97
from 7.82
Increased by 14.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 107.5B | 125.3B | 119.8B | 108.5B | 111.5B |
| Avg | 96.2B | 103.1B | 108.0B | 105.4B | 108.3B |
| Low | 90.5B | 94.5B | 98.6B | 101.3B | 104.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.5% | 30.3% | 16.3% | 0.5% | 5.7% |
| Avg | 8.7% | 7.2% | 4.8% | -2.4% | 2.7% |
| Low | 2.4% | -1.7% | -4.3% | -6.2% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.03 | 10.90 | 12.17 | 10.01 | 11.27 |
| Avg | 7.82 | 8.97 | 10.15 | 9.72 | 10.94 |
| Low | 6.90 | 7.74 | 8.56 | 9.34 | 10.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 107.1% | 39.4% | 35.6% | -1.4% | 15.9% |
| Avg | 79.3% | 14.8% | 13.1% | -4.2% | 12.6% |
| Low | 58.2% | -1.0% | -4.6% | -8.0% | 8.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.