Dell Technologies Inc. (DELL)

NYSE: DELL · IEX Real-Time Price · USD
143.47
+0.65 (0.46%)
At close: Jul 2, 2024, 4:00 PM
143.41
-0.06 (-0.04%)
After-hours: Jul 2, 2024, 7:59 PM EDT
0.46%
Market Cap 101.75B
Revenue (ttm) 89.75B
Net Income (ttm) 3.59B
Shares Out 709.22M
EPS (ttm) 4.89
PE Ratio 29.34
Forward PE 18.17
Dividend $1.78 (1.24%)
Ex-Dividend Date Jul 23, 2024
Volume 6,601,363
Open 140.22
Previous Close 142.82
Day's Range 139.92 - 143.54
52-Week Range 52.05 - 179.70
Beta 0.91
Analysts Strong Buy
Price Target 137.13 (-4.42%)
Earnings Date May 30, 2024

About DELL

Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The ISG segment provides modern and traditional storage solutions, including all-flash arrays, scale-out file, object platforms, hyper-converged infrastructure, and software-defined storage; and general-purpose ... [Read more]

Sector Technology
IPO Date Jun 22, 1988
Employees 120,000
Stock Exchange NYSE
Ticker Symbol DELL
Full Company Profile

Financial Performance

In 2023, DELL's revenue was $88.43 billion, a decrease of -13.56% compared to the previous year's $102.30 billion. Earnings were $3.21 billion, an increase of 31.49%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for DELL stock is "Strong Buy." The 12-month stock price forecast is $137.13, which is a decrease of -4.42% from the latest price.

Price Target
$137.13
(-4.42% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nvidia controls the AI universe now — but these tech giants will lead the next boom

Simple, out-of-the box AI to run a business will be a moneymaker for software providers

6 days ago - Market Watch

AI Breakthrough Names Dell NativeEdge as “Best AI Edge Solution” in 7th Annual Artificial Intelligence Breakthrough Awards Program

Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies Prestigious International Annual Awards Program Honors Standout AI and Machine Learning ...

6 days ago - GlobeNewsWire

Apple Stands Out In Edge AI While Arista, Coherent, Dell And Super Micro Are Top Picks For Hardware: JPMorgan

Investors are shifting their focus from Revenue Total Addressable Markets (TAMs) to Profit TAMs in various artificial intelligence (AI) hardware categories.

Other symbols: AAPLANETSMCI
8 days ago - Benzinga

Dell Rises After CEO Teases ‘AI Factory' for Musk's xAI

Dell announced that it's building an AI factory with the help of Nvidia to power Elon Musk's xAI with Super Micro Computer also providing servers. The two companies have been adding server capacity in...

12 days ago - Bloomberg Technology

Musk Says Dell, Super Micro Computer Will Provide Hardware for His AI Startup

Shares of Dell Technologies (DELL) and Super Micro Computer (SMCI), also known as Supermicro, rose in intraday trading Thursday after Elon Musk announced that the two tech firms would be developing ha...

Other symbols: SMCI
12 days ago - Investopedia

Dell Shares Jump on 'AI Factory' for Musk's xAI

Dell Technologies shares rose after CEO Michael Dell said the company is building a “Dell AI factory” for Elon Musk's startup xAI alongside Nvidia. Ed Ludlow reports.

12 days ago - Bloomberg Markets and Finance

Elon Musk reveals Dell and SMCI as xAI suppliers

Elon Musk just revealed Super Micro Computer Inc (NASDAQ: SMCI) and Dell Technologies Inc (NYSE: DELL) as providers of servers to xAI – his artificial intelligence startup committed to building a supe...

Other symbols: SMCI
12 days ago - Invezz

Elon Musk's xAI build-up plan sparks gains by Dell and Super Micro

A confirmation from Elon Musk that he's using technology from Dell Technologies and Super Micro Computer in a supercomputer for his artificial intelligence company xAI sent shares of the two technolog...

Other symbols: SMCI
12 days ago - Market Watch

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

"Dell is assembling half of the racks that are going into the supercomputer that xAI is building," Musk said, adding that Super Micro will also be involved.

Other symbols: SMCI
12 days ago - CNBC

Dell Stock in Focus on News Company Will Provide Server Racks to xAI Supercomputer

Dell (DELL) shares, which have gained 10% over the past two trading sessions, remain in focus on Thursday after Elon Musk said Wednesday that his artificial intelligence (AI) startup xAI will use the ...

12 days ago - Investopedia

Elon Musk Spills More Details on xAI Supercomputer. These Stocks Will Benefit.

Musk is taking an unusually transparent approach in giving details of what companies are helping to build computing infrastructure for his AI startup.

Other symbols: HPENVDASMCITSLA
12 days ago - Barrons

Dell's AI Margin Slip Will Be a Speed Bump

Selling the picks and shovels for artificial intelligence is a solid place to be at the moment. So long as they aren't sold as loss leaders.

12 days ago - WSJ

Dell assembling racks for xAI's supercomputer, Elon Musk says

Dell Technologies is assembling half of the racks for the supercomputer that xAI is building, billionaire Elon Musk said in a post on social media platform X on Wednesday.

13 days ago - Reuters

Almost half of Dell's full-time US workforce has rejected the company's return-to-office push

Dell introduced a new hybrid work policy to get workers back to the office in February.  Nearly half the company's full-time US staff have chosen to stay remote, data seen by BI shows.

13 days ago - Business Insider

Dell Stock Extends Rally. Wall Street Is Bullish on the AI Servers.

A flurry of research notes are upbeat about the outlook for Dell's opportunity in artificial intelligence.

14 days ago - Barrons

Why Dell's stock is clawing back after a post-earnings decline

Dell Technologies Inc.'s stock is continuing its ascent on Tuesday, though it remains about 15% off its all-time high achieved late last month when it reported earnings.

14 days ago - Market Watch

Here's how Dell is preparing for and considering AI

Dell CEO Michael Dell joins 'Money Movers' to discuss how transformational artificial intelligence is for the company, where the generative AI transformation sits relative to other technology trends, ...

15 days ago - CNBC Television

DELL As A Top Pick With A.I. Server Engineering Capabilities

Dell Technologies stock price is trading higher today. Morgan Stanley reiterated DELL as its top pick.

15 days ago - Schwab Network

Dell Stock Rises Amid AI Optimism From Bank of America Analyst

Dell Technologies (DELL) stock has the potential to significantly outperform next year because of “multiple catalysts,” including artificial intelligence (AI) demand, according Bank of America analyst...

19 days ago - Investopedia

Dell's stock has slumped since earnings. Why BofA sees a 30% gain ahead.

Dell Technologies Inc. shares have lost about 20% since the company disappointed with its margin commentary at the end of last month, but a BofA analyst sees brighter days ahead for the server maker's...

19 days ago - Market Watch

Here's Why Dell Stock Could Rally Another 30%

Upside in AI servers, a PC recovery and strong capital return could drive Dell stock higher, BofA says. Here's what you need to know.

19 days ago - Kiplinger

Dell Technologies Declares Quarterly Cash Dividend

ROUND ROCK, Texas , June 11, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) announces that its board of directors has declared a quarterly cash dividend of $0.445 per common share, which will be ...

21 days ago - PRNewsWire

EMJ Capital's Eric Jackson on Dell: Still cheap compared to other AI plays

Eric Jackson, EMJ Capital founder and president, joins 'Money Movers' to discuss whether tech stocks are currently in an AI bubble, Nvidia's lack of competition, and other under-the-radar plays in art...

27 days ago - CNBC Television

SHI Survey Shows Only 13% of Research Institutions Are Prepared for AI

SOMERSET, N.J.--(BUSINESS WIRE)--A new survey commissioned by SHI International, one of North America's largest IT solutions providers, and Dell Technologies underscores the transformative potential o...

27 days ago - Business Wire

Jim Cramer takes a closer look at Dell earnings

'Mad Money' host Jim Cramer breaks down Dell's earnings and impact on the stock.

4 weeks ago - CNBC Television