DELLDell Technologies Inc.
Dell Technologies Inc. sells servers, storage, networking gear, and enterprise software — the kind of stuff that keeps data centers humming and businesses running. Its next catalyst is Dec 1, 2026 — Q4 2026 Earnings Release, which will test whether its AI server backlog can sustain momentum amid a slowing tech cycle. The stock is expected to trade in a range of $490.01–$566.01, depending on the outcome .
- Revenue hit $147.59B in 2026, up 18.8% YoY, with net income of $10.28B and free cash flow of $15.92B.
- The company is leveraged at -15.99x debt-to-equity, with a net margin of 7.0% and a diluted EPS of $6.34.
- Shareholders’ equity is negative at -$2.47B, but the business is cash-flow positive and growing.
The schedule
- Tue1Dec
The Q4 2026 earnings release is a key event that provides insight into DELL's financial performance for the quarter and sets the tone for the upcoming fiscal year. This report includes detailed guidance for FY2027, which is crucial for investors looking to gauge the company's future outlook. The earnings release is expected to have a significant impact on stock price movements due to its importance in the market's assessment of the company's health and direction.
- Mon10May
- Mon9Aug
- Mon8Nov
Past
- Sun31May
Actual outcome: Bull · $400.77 at outcome
Dell reported in-line earnings with an EPS of $5.30, exactly matching analyst estimates. Despite the lack of an earnings beat, the stock rallied because the company revealed a significant expansion in its AI server backlog and issued strong forward guidance driven by surging enterprise AI demand. Investors rewarded the stock as this robust AI hardware pipeline signaled accelerating future revenue growth.
Dell reported in-line earnings with an EPS of $5.30, exactly matching analyst estimates. Despite the lack of an earnings beat, the stock rallied because the company revealed a significant expansion in its AI server backlog and issued strong forward guidance driven by surging enterprise AI demand. Investors rewarded the stock as this robust AI hardware pipeline signaled accelerating future revenue growth.
- Fri20Mar
Actual outcome: Bull · $184.01 at outcome
Dell's stock surged well past the bull target as the anticipated trade policy revision resulted in a 'geopolitical thaw' that resolved market uncertainty. This macro tailwind was amplified by Nvidia CEO Jensen Huang's projection of $1 trillion in AI infrastructure demand and Dell's launch of a refreshed commercial PC portfolio, which signaled strong growth in both enterprise and AI sectors.
Dell's stock surged well past the bull target as the anticipated trade policy revision resulted in a 'geopolitical thaw' that resolved market uncertainty. This macro tailwind was amplified by Nvidia CEO Jensen Huang's projection of $1 trillion in AI infrastructure demand and Dell's launch of a refreshed commercial PC portfolio, which signaled strong growth in both enterprise and AI sectors.
- Mon16Mar
Actual outcome: Bull · $164.59 at outcome
Dell delivered a significant EPS beat and 39% revenue growth, driven by a massive $43 billion AI server backlog that grew nearly 950% year-over-year. The stock surged well past bull targets as management's guidance to double AI server revenue in fiscal 2027 reinforced the company's position as a primary AI infrastructure beneficiary, successfully offsetting broader market jitters and concerns over rising memory costs.
Dell delivered a significant EPS beat and 39% revenue growth, driven by a massive $43 billion AI server backlog that grew nearly 950% year-over-year. The stock surged well past bull targets as management's guidance to double AI server revenue in fiscal 2027 reinforced the company's position as a primary AI infrastructure beneficiary, successfully offsetting broader market jitters and concerns over rising memory costs.
