NYSE · DELL
Dell Technologies Inc.
Technology · Computer Hardware
$503.87▼ 11.98% ($68.60)today
As of 1:18 PM ET
Market cap
$334.70B
Valuation
Revenue & margin DCF
Verdict: fairly priced. Price above Base.
The price needs 15.4% revenue growth a year for 10 years. Our scenarios assume 10.5–18.2%.
That's 5.3× its past 4-year pace.
Value per share
Base case
$488.77
Price used $503.87 is 3% above this
USD · TTM ending Jul 31, 2026 · Price Oct 14, 5:18 PM UTC
Revenue each value needs
Revenue today $151B. The price needs $635B by 2036. Base case: $590B. At its recent pace: $202B. Bear to Bull: $411B to $806B.
Revenue today $151B. The price needs $635B by 2036. Base case: $590B. At its recent pace: $202B. Bear to Bull: $411B to $806B.
Revenue in 2036
today $151B
+$44.2Bmore than the Base case · 1.1×
Value per share · Base case
$488.77
Price $503.87
3% above this
- 10-yr revenue CAGR
- 14.6%
- Ending operating margin
- 6.0%
- Discount rate
- 10.6%
USD · TTM ending Jul 31, 2026 · Price Oct 14, 5:18 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 241.43% over the last year. Revenue grew 49.22% over the trailing twelve months. Operating margin moved from 6.74% to 9.55%. Free cash flow grew 76.13% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (93rd percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 9.55% — continued expansion would be needed to justify the premium. Revenue growth of 49.22% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Return analysis
Company profile
Dell Technologies Inc. is a worldwide technology leader that designs, develops, manufactures, markets, sells, and provides support for a broad spectrum of information technology (IT) solutions, products, and services.
Market multiples
Stock splits
Every 1000 shares became 1973
Every 500 shares became 903
Profitability & growth
Analyst consensus
25
Buy
18
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Nov 24, 2026
Q3 FY27 · EPS est $6.56 · Revenue est $49.2B
Same quarter, year over year
FY27 YTD +207.5%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $11.90 vs $3.87 · all 2 quarters up
Q1
Q2
Q3
Q4
FY total
FY27
—
—
FY26
FY25
FY24
—
—
—
Fiscal year totals
- FY26
- $10.35
- +29.5%
- FY25
- $7.99
- —
Q2 FY27
Reported Sep 1, 2026 · Latest
HoverTap a cell to inspect
Actual
$7.04
Estimate
$4.91
Year over year
+203.4%
Vs prior quarter
+44.9%
Institutional Sentiment
Dell Technologies Inc. · DELL
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.