DELL

Dell Technologies Inc.

$501.96

+$34.87 (7.47%)Oct 27 close

Information TechnologyS&P 500 Compare Technicals

Model valuationLooks undervaluedDCF base $668

1M 3M 6M 1Y 2Y

DELLSPY

Wall St. Highest PT $735.00 (+46.4%) Wall St. Avg PT $593.00 (+18.1%)

Underwater Drawdown %Max DD -32.3%Current -14.6%

Relative Strength vs SPY+199.2% vs SPYOutperforming

+$40.40 (8.75%)

−$60.15 (10.70%)

+$110.40 (28.20%)

+$296.65 (144.49%)

YTD

+$377.39 (302.97%)

+$341.46 (212.75%)

Chart

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Ratings & dials

1m · 5m · 15m · 1h · 4h · 1D

Analyst & Morningstar ratings

Consensus · Targets · Morningstar

Wall Street analyst consensus

Buy

29 analysts · mean score 1.86

1 = Strong Buy · 5 = Sell

Strong Buy1448%

Buy517%

Hold1034%

Underperform00%

Sell00%

Wall Street consensus · as of Oct 14, 2026

Analyst price targets

Current price$501.96

Average target$593.00

+$91.04 (+18.1%) upsideaverage target vs current price

CurrentAverageMedian

Low$480.00

Median$600.00

High$735.00

12-month Wall Street target range · as of Oct 14, 2026

Third-party ratings, not SURVYR.'s views.

Health check

Financial health

Safe zone

Altman Z-score 3.0

Above 2.99 is the safe zone, below 1.81 the distress zone.

Quality

Strong

Piotroski F-score 7 of 9

See the tests

✓Positive net income
✓Positive operating cash flow
✓Return on assets improved
✓Cash flow above net income
✓Long-term debt / assets fell
✓Current ratio improved
✓No share dilution
✗Gross margin improved
✗Asset turnover improved

Computed by SURVYR. from the company's SEC filings (latest balance sheet Jul 31, 2026). Descriptive, not a forecast.

Key stats & company

Market value$293.5B

P/E (last 12 months)26.8

P/E (next 12 months, estimated)15.4

52-week range$110.22 – $595.51

Revenue growth (latest quarter vs a year ago)+57.7%

Dividend yield0.55%

Analyst consensusBuy (25)

Average analyst price target$593.00 (+18%)

What they do

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 through Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) segments. The ISG segment provides modern and traditional storage solutions, including all-flash, purpose-built.

Technology · Computer Hardware

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Looks undervalued

Model read-out from the numbers below, not advice. Score +4 (DCF counts double).

▲DCF (base case)above the price by 33%

•Forward P/E vs sector15.4x vs median 17.3x

▲Piotroski F-score7/9

▲Altman Z3.0 (safe)

▲Net debt / EBITDA0.8x

▲Analyst target+18% (25 analysts)

Discounted cash flow

Bear

$299

-40%

growth 18% · disc. 12.5% · term. 2.0%

Base

$668

+33%

growth 30% · disc. 11.5% · term. 2.5%

Bull

$1,197

+138%

growth 38% · disc. 10.5% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 19% a year for 10 years.

Implied

+19%/yr

FCF, last 3 yrs

+148%/yr

FCF, last 5 yrs

-2%/yr

Revenue, last 3 yrs

+4%/yr

Revenue, last 5 yrs

+6%/yr

Same inputs as the DCF above: trailing free cash flow 8.6B, 11.5% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2026; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-07-31). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.44 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Information Technology

P/E (trailing)

sector median 35.4× · 37th pct

26.8×
cheaper

Forward P/E

sector median 17.3× · 42nd pct

15.4×
cheaper

EV / EBITDA

sector median 20.3× · 38th pct

17.8×
cheaper

Price / sales

sector median 4.8× · 19th pct

1.9×
cheaper

Price / book

sector median 5.2×

–

FCF yield

sector median 3.6% · 44th pct

2.9%
pricier

Forward EPS $29.93 vs trailing $17.20 (+74% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO

$132.0B

as of 2026-07-31

vs a year ago

+200%

YoY

× TTM revenue

0.87×

coverage

24-11

25-01

25-05

25-08

25-10

26-01

26-05

26-07

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin

19.8%

Operating margin

9.4%

FCF margin

5.7%

Net margin

7.5%

Return on equity

–

Return on invested capital

90.3%

Net debt / EBITDA

0.8×

Current ratio

1.0×

Interest cover

–

Cash conversion (OCF/NI)

1.1×

Piotroski F-score 7/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✓ No share dilution✗ Gross margin improved✗ Asset turnover improved

Altman Z-score 3.0 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target

$593

+18%

Analysts

Buy

Range

$480–$735

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2026	$113.5B	$5.9B	$8.6B
2025	$95.6B	$4.6B	$1.9B
2024	$88.4B	$3.4B	$5.9B
2023	$102.3B	$2.4B	$562.0M
2022	$101.2B	$5.6B	$7.5B
2021	$86.7B	$3.2B	$9.3B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +3.5%.

For information only · Important disclosures

Grades vs sector

Momentum

97th percentile in sector

A+

12-1 return: +235.1%
Percentile within its GICS sector across the S&P 1500.

Growth

93rd percentile in sector

Revenue growth (YoY): +57.7%
Percentile within its GICS sector across the S&P 1500.

Value

59th percentile in sector

B-

Forward E/P: 6.6% · EBITDA/EV: 5.7%
Percentile within its GICS sector across the S&P 1500.

Profitability

39th percentile in sector

C-

Profit margin: +7.5% · Return on equity: –
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Systematic Models

Held by 4 of 7 live models: Quality Growth, Momentum Top 15, Momentum Blend, New Highs Growth.

Quality Growth

6.7% of the book · ranked 7 of 360

Held Momentum Top 15

6.7% of the book · ranked 7 of 499

Held Momentum Blend

5.4% of the book · Leaders sleeve

Held New Highs Growth

4.0% of the book

Held SURVYR. Barbell Momentum & T-Bill Shield

Outside this model's universe or screens

SURVYR. Physical AI Grid & Power

Outside this model's universe or screens

SURVYR. Long Book

Not in the current book

Why it's in the Quality Growth #7 of 360

Qualified on ROIC 52%, revenue +49% (TTM), growth accelerating +47.5 pts, latest quarter 2026-07-31. Ranked 7th of 360 at the 2026-09-30 rebalance.

What would knock it out: Drops out if it falls outside the top 15 at the next rebalance (Oct 30). In the latest preview (2026-10-27) it ranks 8th.

Why it's in the Momentum Top 15 #7 of 499

Qualified on 12-1 momentum of +225.8% (its gain from 12 months to 1 month before 2026-09-30). Ranked 7th of 499 at the 2026-09-30 rebalance.

What would knock it out: Drops out if it falls outside the top 15 at the next rebalance (Oct 30). In the latest preview (2026-10-27) it ranks 6th.

Why it's in the Momentum Blend

In the Leaders sleeve: a fast grower breaking out near its highs after an earnings-style gap.

What would knock it out: Exits if it closes below its stop of $397.59; last close $501.96, 26% above it.

Why it's in the New Highs Growth

Qualified on AI Infrastructure, -9% from 52-week high, held: still within 25% of its high, 12-1 momentum +245%.

What would knock it out: Drops out if it falls outside the top 25 at the next rebalance (Oct 30). In the latest preview (2026-10-27) it is outside the top 25.

Earnings & events

DELL earningsNext report in 30 days

Next report

Fri Nov 27, 2026Time not confirmed

EPS consensus$6.56

Revenue consensus–

Last 4 quarters · EPS vs estimate

Sep 1, 2026$7.04est $4.92+43.1%Above estimates

May 28, 2026$4.86est $2.96+64.0%Above estimates

Feb 26, 2026$3.89est $3.51+10.7%Above estimates

Nov 25, 2025$2.59est $2.48+4.5%Above estimates

In line = within 1% of the estimate.

EstimateActual (beat)Actual (miss)

News & catalysts

More news

What Did Western Digital's Latest Quarter Change For Its Stock?

Trefis · 1h ago

Why is Dell (DELL) stock soaring today

StockStory · 12h ago

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GlobeNewswire · 12h ago

Global Green Information Technology (IT) for Insurers Market Report 2026 | Capitalize on 13.6% CAGR as Microsoft, AWS, Google, and Dell Scale Green Cloud Adoption

GlobeNewswire · 12h ago

Update: Nasdaq, S&P 500 Notch Back-to-Back Gains Following Fresh Earnings Reports

MT Newswires · 12h ago

Research

Quality Growth: rebalance of Sep 30, 2026Oct 22, 2026 Momentum Top 15: rebalance of Sep 30, 2026Oct 22, 2026 Momentum Blend: rebalance of Sep 30, 2026Oct 22, 2026 New Highs Growth: rebalance of Sep 30, 2026Oct 22, 2026 Momentum Top 15: the October 2026 book, a rough start, and what the backtest says to expectOct 18, 2026

Insider trades

Radakovich Lynn Vojvodich

Director · 2026-10-22

Sell
$930.1K

Silver Lake Technology Investors Iv, L.P.