What You Need to Know Ahead of Dell Technologies’ Earnings Release

Dell Technologies Inc. (DELL), headquartered in Round Rock, Texas, is a leading technology company that develops and sells computers, servers, storage, networking equipment, and IT infrastructure solutions. It also provides AI, cloud, cybersecurity, and support services, helping businesses and consumers manage, secure, and modernize their technology environments. The company has a market capitalization of approximately $297 billion.

DELL is set to report its Q3 earnings soon. Ahead of the release, analysts expect the company to report diluted EPS of $6.41, up 172.8% from $2.35 in the year-ago quarter. Moreover, DELL has surpassed Wall Street’s EPS estimates in each of the past four quarters.

For fiscal 2027, analysts expect the company to report EPS of $25.13, up 171.7% from $9.25 in fiscal 2026. Furthermore, its EPS is expected to increase by another 16.5% to $29.27 in fiscal 2028.

DELL shares have surged 209.5% over the past 52 weeks, substantially outperforming the S&P 500 Index ($SPX), which returned 12.3%, and the State Street Technology Select Sector SPDR ETF (XLK), which gained 26.8% over the same period.

Dell shares surged 8.3% after the company expanded its cybersecurity and resilience offerings for AI environments and introduced new AI-powered PCs. The new services aim to help enterprises identify security risks, maintain critical AI applications, and recover key identity systems following cyberattacks, potentially strengthening Dell’s position in enterprise AI infrastructure as demand for secure AI deployments grows. The stock also benefited from positive industry sentiment following stronger AI server demand and its expanded collaboration with NVIDIA Corporation (NVDA), reinforcing optimism about continued investment in AI infrastructure.

Analysts remain somewhat bullish on DELL, with the stock earning a consensus "Moderate Buy" rating. Among the 28 analysts covering the stock, 17 recommend a "Strong Buy," three rate it a "Moderate Buy," and eight recommend a "Hold." The average price target of $599.65 implies a potential upside of 19.5% from the current share price.

On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.