What You Need to Know
Dell Technologies Inc. (DELL) is a powerhouse in the world of laptops and PCs, boasting a market cap of $90.7 billion. Headquartered in Round Rock, Texas, Dell operates through two main segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG), with a presence in countries across the Americas, Indo-Pacific, and EMEA.
The company is gearing up to announce its fiscal Q2 2025 earnings results on Thursday, Aug. 28, after the market closes. Analysts are anticipating an adjusted EPS of $2.06, a 21.9% increase from the previous year. Dell has a track record of meeting or exceeding Wall Street’s earnings estimates, with only one miss in the last four quarters.
Looking ahead to fiscal 2025, analysts project an adjusted EPS of $8.56, up 14.4% from the previous year, and a further increase to $9.81 in fiscal 2026, representing a 14.6% year-over-year growth.
Despite a challenging economic landscape, Dell’s stock has seen a remarkable surge of 152.2% over the past 52 weeks. This outperformance is compared to the Technology Select Sector SPDR Fund’s 25.2% increase and the S&P 500 Index’s 16.6% uptick during the same period.
Following the release of mixed Q1 results on May 29, Dell’s stock prices experienced a 2.1% drop. While the company’s net revenues for the quarter grew by 5.1% year-over-year to $23.4 billion, surpassing expectations, the adjusted EPS of $1.55 fell short of consensus estimates by 6%.
Analysts remain bullish on Dell’s prospects, with an overall “Strong Buy” rating. Of the 20 analysts covering the stock, 14 rate it as a “Strong Buy,” two as a “Moderate Buy,” and four as a “Hold.” The mean price target of $140.16 suggests a 5.6% upside potential from current levels.
In conclusion, Dell Technologies Inc. continues to show resilience and growth in a competitive market. Investors and analysts alike are optimistic about the company’s future performance and potential for further success. This article was originally published on Barchart.com and serves as a valuable resource for those interested in Dell’s financial outlook.
