Key facts
- Fiscal year ends
- January Fiscal 2026 ended Jan 30, 2026, from SEC filings
- In the S&P 500 since
- Sep 23, 2024, replacing American Airlines Group (AAL), Etsy (ETSY) and Bio-Rad Laboratories (BIO) · Market capitalization changes. · All S&P 500 changes
- Analyst coverage
- 9 open price targets from 7 firms: Evercore ISI, Goldman Sachs, Barclays, Bernstein, RBC Capital Markets, Truist Securities, Wells Fargo Approved targets tracked here; see the analyst section below
Dell Technologies (DELL) is trading up at $461.56 (+1.48%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
Analyst price targets on DELL
Current price targets from 7 firms average $591, median $574, ranging from $505 to $650 — the average is 28% above the current $462. Each is tracked to its date and scored the same way a member's call is.
- Barclays $572 → $574 by Oct 2027 Oct 14, 2026 via Yahoo Finance · Barclays's track record
- RBC Capital Markets $534 → $640 by Sep 2027 Sep 14, 2026 via Yahoo Finance · RBC Capital Markets's track record
- Evercore ISI $535 → $650 by Sep 2027 Sep 9, 2026 via Yahoo Finance · Evercore ISI's track record
- Evercore ISI $534 → $575 by Sep 2027 Sep 7, 2026 via Investing.com · Evercore ISI's track record
- Goldman Sachs $524 → $570 by Sep 2027 Sep 3, 2026 via Yahoo Finance · Goldman Sachs's track record
- Truist Securities $492 → $505 by Sep 2027 Sep 2, 2026 via Investing.com · Truist Securities's track record
- Bernstein $492 → $650 by Sep 2027 Sep 2, 2026 via Investing.com · Bernstein's track record
- Wells Fargo $491 → $545 by Aug 2027 Aug 14, 2026 via Yahoo Finance · Wells Fargo's track record
- Goldman Sachs $495 → $510 by Aug 2027 Aug 13, 2026 via TIKR.com · Goldman Sachs's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Dell Technologies revenue & net income history (FY2017–FY2026)
| FY2017Feb 2017 | FY2018Feb 2018 | FY2019Feb 2019 | FY2020Jan 2020 | FY2021Jan 2021 | FY2022Jan 2022 | FY2023Feb 2023 | FY2024Feb 2024 | FY2025Jan 2025 | FY2026Jan 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $62.2B | $79.0B | $90.6B | $84.8B | $86.7B | $101.2B | $102.3B | $88.4B | $95.6B | $113.5B |
| Growth (year over year) | +22.1% | +27.1% | +14.7% | −6.4% | +2.2% | +16.8% | +1.1% | −13.6% | +8.1% | +18.8% |
| Gross profit | $13.6B | $20.5B | $25.1B | $20.6B | $20.1B | $21.9B | $22.7B | $21.1B | $21.3B | $22.7B |
| Gross margin | 22.0% | 26.0% | 27.6% | 24.3% | 23.2% | 21.6% | 22.2% | 23.8% | 22.2% | 20.0% |
| Operating income | −$2.39B | −$2.42B | −$191.0M | $2.37B | $3.69B | $4.66B | $5.77B | $5.41B | $6.24B | $8.15B |
| Operating margin | −3.8% | −3.1% | −0.2% | 2.8% | 4.3% | 4.6% | 5.6% | 6.1% | 6.5% | 7.2% |
| Net income | −$1.17B | −$2.85B | −$2.31B | $4.62B | $3.25B | $5.56B | $2.44B | $3.39B | $4.59B | $5.94B |
| Net margin | −1.9% | −3.6% | −2.5% | 5.4% | 3.7% | 5.5% | 2.4% | 3.8% | 4.8% | 5.2% |
| EPS (diluted) | — | — | — | $6.03 | $4.22 | — | $3.24 | $4.60 | $6.38 | $8.68 |
| Balance sheet | ||||||||||
| Cash and equivalents | $9.47B | $13.9B | $9.68B | $9.30B | $9.51B | $9.48B | $8.61B | $7.37B | $3.63B | $11.5B |
| Total assets | $118.2B | $124.2B | $111.8B | $118.9B | $123.4B | $92.7B | $89.6B | $82.1B | $79.7B | $101.3B |
| Total liabilities | $99.0B | $106.3B | $111.6B | $115.1B | $115.4B | $94.3B | $92.6B | $84.3B | $81.1B | $103.8B |
| Long-term debt | $43.1B | $44.0B | $49.2B | $44.3B | $32.9B | $21.1B | $23.0B | $19.0B | $19.4B | $23.5B |
| Shareholders' equity | $13.2B | $11.7B | −$5.76B | −$1.57B | $2.48B | −$1.69B | −$3.12B | −$2.23B | −$1.48B | −$2.47B |
| Cash flow | ||||||||||
| Operating cash flow | $2.37B | $6.84B | $6.99B | $9.29B | $11.4B | $10.3B | $3.56B | $8.68B | $4.52B | $11.2B |
| Capital expenditure | $699.0M | $1.21B | $1.50B | $2.58B | $2.08B | $2.80B | $3.00B | $2.76B | $2.65B | $2.63B |
| Free cash flow | $1.67B | $5.63B | $5.49B | $6.71B | $9.32B | $7.51B | $562.0M | $5.92B | $1.87B | $8.55B |
| Dividends paid | $0 | $0 | $2.13B | $0 | $0 | $0 | $964.0M | $1.07B | $1.27B | $1.46B |
| Share buybacks | $611.0M | $724.0M | $14.1B | $8.00M | $241.0M | $1.50B | $2.88B | $2.08B | $2.59B | $6.01B |
| Q3 FY25Nov 2024 | Q4 FY25†Jan 2025 | Q1 FY26May 2025 | Q2 FY26Aug 2025 | Q3 FY26Oct 2025 | Q4 FY26†Jan 2026 | Q1 FY27May 2026 | Q2 FY27Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $24.4B | $23.9B | $23.4B | $29.8B | $27.0B | $33.4B | $43.8B | $47.0B |
| Growth (year over year) | +9.5% | +7.2% | +5.1% | +19.0% | +10.8% | +39.5% | +87.5% | +57.7% |
| Gross profit | $5.36B | $5.68B | $4.94B | $5.45B | $5.59B | $6.73B | $7.78B | $9.83B |
| Gross margin | 22.0% | 23.7% | 21.1% | 18.3% | 20.7% | 20.2% | 17.8% | 20.9% |
| Operating income | $1.72B | $2.16B | $1.17B | $1.77B | $2.12B | $3.09B | $3.66B | $5.38B |
| Operating margin | 7.1% | 9.0% | 5.0% | 6.0% | 7.8% | 9.3% | 8.3% | 11.5% |
| Net income | $1.18B | $1.53B | $965.0M | $1.16B | $1.55B | $2.26B | $3.44B | $4.13B |
| Net margin | 4.8% | 6.4% | 4.1% | 3.9% | 5.7% | 6.8% | 7.8% | 8.8% |
| EPS (diluted) | $1.64 | $2.14 | $1.37 | $1.70 | $2.28 | $3.33 | $5.24 | $6.34 |
| Balance sheet | ||||||||
| Cash and equivalents | $5.22B | $3.63B | $7.70B | $8.14B | $9.57B | $11.5B | $11.6B | $11.6B |
| Total assets | $82.0B | $79.7B | $86.9B | $89.2B | $87.5B | $101.3B | $114.9B | $127.4B |
| Total liabilities | $84.1B | $81.1B | $89.9B | $91.9B | $90.1B | $103.8B | $116.3B | $128.8B |
| Long-term debt | $19.4B | $19.4B | $23.9B | $21.5B | $23.8B | $23.5B | $23.6B | $26.0B |
| Shareholders' equity | −$2.29B | −$1.48B | −$3.02B | −$2.77B | −$2.62B | −$2.47B | −$1.40B | −$1.43B |
| Cash flow | ||||||||
| Operating cash flow | $1.55B | $585.0M | $2.80B | $2.54B | $1.17B | $4.67B | $4.08B | $2.23B |
| Capital expenditure | $639.0M | $735.0M | $568.0M | $675.0M | $669.0M | $721.0M | $963.0M | $1.24B |
| Free cash flow | $914.0M | −$150.0M | $2.23B | $1.87B | $503.0M | $3.95B | $3.12B | $986.0M |
| Dividends paid | $312.0M | $311.0M | $396.0M | $366.0M | $351.0M | $346.0M | $464.0M | $405.0M |
| Share buybacks | $429.0M | $734.0M | $1.98B | $940.0M | $1.25B | $1.85B | $1.63B | $3.80B |
From Dell Technologies's 10-K and 10-Q filings with the SEC; its fiscal year ends in January. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Dell Technologies vs the Information Technology sector and the S&P 500
Dell Technologies's latest reported figures next to the median of the other 75 S&P 500 Information Technology companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Dell Technologies | Information Technology (75 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +18.8% | +13.7% | +7.0% |
| Net margin, latest fiscal year | 5.2% | 17.4% | 13.0% |
| Dividend per share, latest fiscal year | $2.10 | $1.82 | $2.40 |
Dell Technologies: fiscal year ended January 2026, from its 10-K and 10-Q filings with the SEC. Medians computed October 21, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Net margin is our calculation from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 75/496, net margin 75/496, dividend per share 35/349; the reasons below can overlap. Dividend medians are among the 35 sector and 349 S&P 500 companies reporting a per-share dividend.
About Dell Technologies
Dell Technologies Inc. is an American multinational technology company that has been headquartered in Round Rock, Texas, since 1994. It was formed as a result of the September 2016 merger of Dell Inc. and EMC Corporation. Dell Technologies ranked 44th on the 2025 Fortune 500 rankings of the largest United States corporations based on its 2024 revenue; its products include personal computers, servers, monitors, computer software, computer security and network security, as well as information security services.
Source: Wikipedia — Dell Technologies
- Headquarters
- Round Rock, Texas From SEC filings, Oct 2026
Recent News (20)
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Silver Lake technology investors V, Dell director, sells $262,039 in shares
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Accenture (ACN) Is Up 10.4% After Dividend Hike And New AI Deals With Dell And Workday Accenture (ACN) Is Up 10.4% After Dividend Hike And New AI Deals With Dell And Workday Yahoo Finance
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Former portfolio manager sues Fidelity after leaving for Michael Dell's family office Former portfolio manager sues Fidelity after leaving for Michael Dell's family office Reuters
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Why Dell’s stock was one of the S&P 500’s biggest laggards on Wednesday An analyst sees limited room for Dell and HPE shares to continue climbing, as dynamics could shift within the market for memory components.
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Barclays downgrades Dell stock after sharp rally
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