DELL Chart
About

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 in 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 and AI-optimized servers. This segment also offers networking products and services comprising wide area network infrastructure, data center and edge networking switches, and cables and optics that help its business customers to transform and modernize their infrastructure and complementing its server and storage solutions; and software, peripherals, and services, including consulting and support, and deployment. The CSG segment provides notebooks, desktops, and workstations and branded peripherals that include displays, docking stations, keyboards, mice, webcam and audio devices, and third-party software and peripherals; and configuration, support and deployment, and extended warranties services. The company is involved in originating, collecting, and servicing customer financing arrangements; and offers payment and consumption solutions and services, such as as-a-Service, subscription, utility, leases, and loans, as well as fixed-term loans. It serves enterprises, governmental agencies and other public institutions, educational institutions, healthcare organizations, small and medium-sized businesses, and consumers. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

Fundamentals
Scroll to Statements
Sector Technology Industry Computer Hardware Market Cap 80.95B
Enterprise Value 101.84B Income 5.21B Sales 104.09B
Book/sh -3.93 Cash/sh 14.44 Dividend Yield 175.00%
Payout 27.01% Employees 108000 IPO —
P/E 16.17 Forward P/E 10.49 PEG —
P/S 0.78 P/B -30.75 P/C —
EV/EBITDA 9.70 EV/Sales 0.98 Quick Ratio 0.55
Current Ratio 0.85 Debt/Eq — LT Debt/Eq —
EPS (ttm) 7.47 EPS next Y 11.51 EPS Growth 39.00%
Revenue Growth 10.80% Earnings 2026-02-26 ROA 5.75%
ROE — ROIC — Gross Margin 20.95%
Oper. Margin 8.27% Profit Margin 5.00% Shs Outstand 333.92M
Shs Float 311.25M Short Float 9.00% Short Ratio 3.75
Short Interest — 52W High 168.08 52W Low 66.25
Beta 1.10 Avg Volume 7.00M Volume 934.54K
Target Price $157.78 Recom Buy Prev Close $119.77
Price $120.78 Change 0.84%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$157.78
Mean price target
2. Current target
$120.78
Latest analyst target
3. DCF / Fair value
$163.61
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$120.78
Low
$101.00
High
$200.00
Mean
$157.78

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-18 main Morgan Stanley Underweight → Underweight $101
2026-02-17 main Citigroup Buy → Buy $160
2026-01-20 main Citigroup Buy → Buy $165
2026-01-20 main Morgan Stanley Underweight → Underweight $111
2026-01-15 up Barclays Equal-Weight → Overweight $148
2026-01-14 main Goldman Sachs Buy → Buy $165
2025-11-26 main Mizuho Outperform → Outperform $175
2025-11-26 main Barclays Equal-Weight → Equal-Weight $148
2025-11-26 main UBS Buy → Buy $167
2025-11-26 main Morgan Stanley Underweight → Underweight $113
2025-11-26 main B of A Securities Buy → Buy $163
2025-11-20 main B of A Securities Buy → Buy $160
2025-11-17 main JP Morgan Overweight → Overweight $170
2025-11-17 down Morgan Stanley Overweight → Underweight $110
2025-10-22 init Piper Sandler — → Overweight $172
2025-10-21 main Raymond James Outperform → Outperform $161
2025-10-09 main Argus Research Buy → Buy $200
2025-10-08 main Citigroup Buy → Buy $175
2025-10-08 main Goldman Sachs Buy → Buy $175
2025-10-08 main JP Morgan Overweight → Overweight $165
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 71000 9806520.0 — Sale at price 138.12 per share. DURBAN EGON P Director — 2025-12-09 00:00:00 D
1 23581 — — Stock Award(Grant) at price 0.00 per share. KENNEDY DAVID ALAN Chief Financial Officer — 2025-11-24 00:00:00 D
2 79806 12255009.0 — Sale at price 153.56 per share. KULLMAN ELLEN JAMISON Director — 2025-10-15 00:00:00 D
3 79806 1115688.0 — Conversion of Exercise of derivative security at price 13.98 per share. KULLMAN ELLEN JAMISON Director — 2025-10-15 00:00:00 D
4 1796 — — Stock Award(Grant) at price 0.00 per share. SHARP RICHARD TROY Officer — 2025-10-15 00:00:00 D
5 6617 1003336.0 — Sale at price 151.63 per share. SILVER LAKE GROUP L.L.C. Beneficial Owner of more than 10% of a Class of Security — 2025-10-14 00:00:00 I
6 6253968 1000053261.0 — Sale at price 159.91 per share. DELL MICHAEL S Chief Executive Officer — 2025-10-09 00:00:00 D
7 42736 6837760.0 — Sale at price 160.00 per share. GREEN WILLIAM D. Director — 2025-10-08 00:00:00 D
8 42736 1017075.0 — Conversion of Exercise of derivative security at price 13.98 - 31.14 per share. GREEN WILLIAM D. Director — 2025-10-08 00:00:00 D
9 499999 80741800.0 — Sale at price 161.15 - 164.53 per share. SLTA IV GP, L.L.C. Director and Beneficial Owner of more than 10% of a Class of Security — 2025-10-08 00:00:00 I
Financials
Line Item2025-01-312024-01-312023-01-312022-01-31
TaxEffectOfUnusualItems6.11M-26.60M-339.88M455.50M
TaxRateForCalcs0.090.170.250.17
NormalizedEBITDA9.52B9.04B9.03B9.27B
TotalUnusualItems65.00M-152.00M-1.36B2.74B
TotalUnusualItemsExcludingGoodwill65.00M-152.00M-1.36B2.74B
NetIncomeFromContinuingOperationNetMinorityInterest4.59B3.39B2.44B4.80B
ReconciledDepreciation3.12B3.30B3.16B4.55B
ReconciledCostOfRevenue74.32B67.36B79.61B79.31B
EBITDA9.59B8.89B7.66B12.02B
EBIT6.46B5.59B4.51B7.46B
NetInterestIncome-1.25B-1.17B-1.18B-1.48B
InterestExpense1.41B1.50B1.28B1.54B
InterestIncome160.00M329.00M100.00M62.00M
NormalizedIncome4.53B3.51B3.47B2.51B
NetIncomeFromContinuingAndDiscontinuedOperation4.59B3.39B2.44B5.56B
TotalExpenses89.33B83.01B96.53B96.54B
TotalOperatingIncomeAsReported6.24B5.41B5.77B4.66B
DilutedAverageShares719.75M706.34M753.00M791.00M
BasicAverageShares696.13M706.34M734.00M762.00M
DilutedEPS6.384.553.247.02
BasicEPS6.604.553.337.30
DilutedNIAvailtoComStockholders4.59B3.39B2.44B5.56B
AverageDilutionEarnings0.000.00-7.00M
NetIncomeCommonStockholders4.59B3.39B2.44B5.56B
NetIncome4.59B3.39B2.44B5.56B
MinorityInterests16.00M16.00M20.00M-144.00M
NetIncomeIncludingNoncontrollingInterests4.58B3.37B2.42B5.71B
NetIncomeDiscontinuousOperations0.000.00765.00M
NetIncomeContinuousOperations4.58B3.37B2.42B4.94B
TaxProvision472.00M715.00M803.00M981.00M
PretaxIncome5.05B4.09B3.23B5.92B
OtherIncomeExpense65.00M-152.00M-1.36B2.74B
OtherNonOperatingIncomeExpenses-44.00M-59.00M20.00M
SpecialIncomeCharges0.000.00-894.00M2.40B
GainOnSaleOfBusiness0.000.003.97B
OtherSpecialCharges-68.00M894.00M1.57B
GainOnSaleOfSecurity65.00M-152.00M-471.00M348.00M
NetNonOperatingInterestIncomeExpense-1.25B-1.17B-1.18B-1.48B
InterestExpenseNonOperating1.41B1.50B1.28B1.54B
InterestIncomeNonOperating160.00M329.00M100.00M62.00M
OperatingIncome6.24B5.41B5.77B4.66B
OperatingExpense15.01B15.66B16.91B17.23B
ResearchAndDevelopment3.06B2.80B2.78B2.58B
SellingGeneralAndAdministration11.95B12.86B14.14B14.65B
GrossProfit21.25B21.07B22.69B21.89B
CostOfRevenue74.32B67.36B79.61B79.31B
TotalRevenue95.57B88.42B102.30B101.20B
OperatingRevenue95.57B88.42B102.30B101.20B
Line Item2025-01-312024-01-312023-01-312022-01-31
TreasurySharesNumber138.00M116.00M82.00M20.00M
OrdinarySharesNumber696.13M706.34M716.00M757.00M
ShareIssued834.13M822.34M798.00M777.00M
NetDebt20.93B18.63B20.98B17.48B
TotalDebt24.57B25.99B29.59B26.95B
TangibleBookValue-25.59B-27.63B-29.27B-28.92B
InvestedCapital23.09B23.77B26.47B25.27B
WorkingCapital-10.30B-12.37B-9.30B-11.19B
NetTangibleAssets-25.59B-27.63B-29.27B-28.92B
CommonStockEquity-1.48B-2.23B-3.12B-1.69B
TotalCapitalization17.88B16.79B19.89B19.45B
TotalEquityGrossMinorityInterest-1.39B-2.13B-3.02B-1.58B
MinorityInterest95.00M95.00M97.00M105.00M
StockholdersEquity-1.48B-2.23B-3.12B-1.69B
GainsLossesNotAffectingRetainedEarnings-939.00M-800.00M-1.00B-431.00M
OtherEquityAdjustments-939.00M-800.00M-1.00B-431.00M
TreasuryStock8.50B5.90B3.81B964.00M
RetainedEarnings-1.16B-4.45B-6.73B-8.19B
CapitalStock9.12B8.93B8.42B7.90B
CommonStock9.12B8.93B8.42B7.90B
TotalLiabilitiesNetMinorityInterest81.13B84.26B92.64B94.31B
TotalNonCurrentLiabilitiesNetMinorityInterest34.61B35.90B40.98B38.10B
OtherNonCurrentLiabilities2.95B3.06B3.22B3.65B
LiabilitiesHeldforSaleNonCurrent0.00
NonCurrentDeferredLiabilities12.29B13.83B14.74B13.31B
NonCurrentDeferredRevenue12.29B13.83B14.74B13.31B
LongTermDebtAndCapitalLeaseObligation19.36B19.01B23.02B21.13B
LongTermDebt19.36B19.01B23.02B21.13B
CurrentLiabilities46.53B48.35B51.65B56.22B
OtherCurrentLiabilities221.00M
CurrentDeferredLiabilities13.67B15.32B15.54B14.26B
CurrentDeferredRevenue13.67B15.32B15.54B14.26B
CurrentDebtAndCapitalLeaseObligation5.20B6.98B6.57B5.82B
CurrentDebt5.20B6.98B6.57B5.82B
PayablesAndAccruedExpenses27.43B26.05B29.54B36.13B
CurrentAccruedExpenses6.60B6.83B8.87B7.58B
Payables20.83B19.23B20.66B28.56B
DuetoRelatedPartiesCurrent0.002.07B1.41B
AccountsPayable20.83B19.23B18.60B27.14B
TotalAssets79.75B82.13B89.61B92.73B
TotalNonCurrentAssets43.52B46.14B47.26B47.70B
OtherNonCurrentAssets5.65B7.12B7.31B6.99B
DuefromRelatedPartiesNonCurrent0.00440.00M710.00M
NonCurrentNoteReceivables5.88B5.64B5.52B
NonCurrentAccountsReceivable5.93B5.88B6.08B6.23B
InvestmentsAndAdvances1.50B1.32B1.52B1.84B
GoodwillAndOtherIntangibleAssets24.11B25.40B26.14B27.23B
OtherIntangibleAssets4.99B5.70B6.47B7.46B
Goodwill19.12B19.70B19.68B19.77B
NetPPE6.34B6.43B6.21B5.42B
AccumulatedDepreciation-7.76B-7.18B-6.88B-6.89B
GrossPPE14.10B13.62B13.09B12.31B
OtherProperties5.20B5.02B4.66B
MachineryFurnitureEquipment6.05B5.72B5.37B9.21B
Properties2.84B2.88B3.06B3.10B
CurrentAssets36.23B35.98B42.35B45.03B
OtherCurrentAssets9.61B11.01B10.83B11.53B
AssetsHeldForSaleCurrent668.00M0.000.00
Inventory6.72B3.62B4.78B5.90B
FinishedGoods1.16B694.00M843.00M1.39B
WorkInProcess1.13B607.00M708.00M855.00M
RawMaterials4.43B2.32B3.23B3.65B
Receivables15.60B13.99B18.14B18.13B
OtherReceivables5.30B4.64B5.28B5.09B
DuefromRelatedPartiesCurrent0.00378.00M131.00M
LoansReceivable4.64B5.28B5.09B
AccountsReceivable10.30B9.34B12.48B12.91B
AllowanceForDoubtfulAccountsReceivable-63.00M-71.00M-78.00M-90.00M
GrossAccountsReceivable10.36B9.41B12.56B13.00B
CashCashEquivalentsAndShortTermInvestments3.63B7.37B8.61B9.48B
CashAndCashEquivalents3.63B7.37B8.61B9.48B
Line Item2025-01-312024-01-312023-01-312022-01-31
FreeCashFlow1.87B5.92B562.00M7.51B
RepurchaseOfCapitalStock-3.17B-2.45B-3.28B-1.84B
RepaymentOfDebt-10.57B-11.25B-9.82B-26.72B
IssuanceOfDebt9.26B7.78B12.48B20.43B
IssuanceOfCapitalStock1.00M10.00M5.00M334.00M
CapitalExpenditure-2.65B-2.76B-3.00B-2.80B
InterestPaidSupplementalData1.30B1.44B1.17B1.82B
IncomeTaxPaidSupplementalData555.00M1.38B1.21B1.26B
EndCashPosition3.82B7.51B8.89B10.08B
BeginningCashPosition7.51B8.89B10.08B15.18B
EffectOfExchangeRateChanges-179.00M-186.00M-104.00M-106.00M
ChangesInCash-3.51B-1.20B-1.08B-5.00B
FinancingCashFlow-5.82B-7.09B-1.62B-16.61B
CashFlowFromContinuingFinancingActivities-5.82B-7.09B-1.62B-16.61B
NetOtherFinancingCharges-64.00M-109.00M-39.00M-8.81B
CashDividendsPaid-1.27B-1.07B-964.00M0.00
CommonStockDividendPaid-1.27B-1.07B-964.00M0.00
NetCommonStockIssuance-3.16B-2.44B-3.28B-1.50B
CommonStockPayments-3.17B-2.45B-3.28B-1.84B
CommonStockIssuance1.00M10.00M5.00M334.00M
NetIssuancePaymentsOfDebt-1.31B-3.47B2.65B-6.30B
NetLongTermDebtIssuance-1.31B-3.47B2.65B-6.30B
LongTermDebtPayments-10.57B-11.25B-9.82B-26.72B
LongTermDebtIssuance9.26B7.78B12.48B20.43B
InvestingCashFlow-2.21B-2.78B-3.02B1.31B
CashFlowFromContinuingInvestingActivities-2.21B-2.78B-3.02B1.31B
NetOtherInvestingChanges180.00M45.00M41.00M62.00M
NetInvestmentPurchaseAndSale257.00M54.00M8.00M99.00M
SaleOfInvestment382.00M226.00M116.00M513.00M
PurchaseOfInvestment-125.00M-172.00M-108.00M-414.00M
NetBusinessPurchaseAndSale0.00-126.00M-70.00M3.94B
SaleOfBusiness0.000.003.96B
PurchaseOfBusiness0.00-126.00M-70.00M-16.00M
CapitalExpenditureReported-2.65B-2.76B-3.00B-2.80B
OperatingCashFlow4.52B8.68B3.56B10.31B
CashFlowFromContinuingOperatingActivities4.52B8.68B3.56B10.31B
ChangeInWorkingCapital-4.21B605.00M-3.19B1.92B
ChangeInOtherWorkingCapital-150.00M-3.16B4.83B1.13B
ChangeInPayablesAndAccruedExpense1.70B-498.00M-8.55B5.74B
ChangeInPayable1.70B-498.00M-8.55B5.74B
ChangeInAccountPayable1.70B-498.00M-8.55B5.74B
ChangeInInventory-3.52B975.00M875.00M-2.51B
ChangeInReceivables-2.25B3.29B-348.00M-2.43B
ChangesInAccountReceivables-1.29B2.98B113.00M-2.19B
OtherNonCashItems453.00M609.00M961.00M-3.13B
StockBasedCompensation785.00M878.00M931.00M1.62B
DeferredTax-208.00M-91.00M-717.00M-365.00M
DeferredIncomeTax-208.00M-91.00M-717.00M-365.00M
DepreciationAmortizationDepletion3.12B3.30B3.16B4.55B
DepreciationAndAmortization3.12B3.30B3.16B4.55B
NetIncomeFromContinuingOperations4.58B3.37B2.42B5.71B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for DELL
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