Quick Overview
- Dell Technologies is scheduled to release Q1 FY2027 financial results on May 28, with analyst consensus projecting EPS of $3.00—a remarkable 93.6% increase compared to the prior year
- Analysts anticipate revenue reaching $35.46 billion, representing a 51.7% surge from last year’s corresponding quarter
- Bank of America maintains an optimistic outlook, forecasting results that exceed expectations and upward guidance revisions, driven by robust AI server momentum and strengthening PC market dynamics—target price increased to $280
- The company’s most recent quarterly report surpassed EPS projections by $0.36, while revenue climbed 39.5% year-over-year to $33.38 billion
- ProShare Advisors alongside multiple prominent institutional stakeholders have recently expanded their DELL holdings
Dell Technologies is preparing to unveil its fiscal Q1 2027 financial performance on May 28, with Wall Street sentiment trending optimistic. Shares began Friday’s trading session at $253.11, climbing 4.2% during the day and hovering close to the 12-month peak of $263.99.
Financial analysts are forecasting earnings of $3.00 per diluted share, marking a substantial 93.6% increase from the comparable quarter in the previous fiscal year. Projected revenue stands at $35.46 billion, reflecting 51.7% year-over-year expansion. While these represent ambitious targets, Dell has demonstrated consistent capability to meet elevated expectations recently.
The technology giant’s previous quarterly results, disclosed in February, delivered $3.89 in EPS compared to Wall Street’s $3.53 consensus estimate. Revenue totaled $33.38 billion, surpassing the $31.60 billion forecast, while posting 39.5% growth versus the year-ago period. Dell has successfully exceeded EPS projections in three out of its last four quarterly reports.
Bank of America stands among the more vocal optimists entering the earnings announcement. The financial institution anticipates both an earnings beat and raised forward guidance, highlighting powerful AI server demand, PC market trends exceeding expectations, and enhanced performance across the Infrastructure Solutions Group segment. The firm elevated its price objective to $280.
Evercore likewise increased its target price, adjusting from $240 to $270 while maintaining an “outperform” designation. The broader analyst community encompasses 16 Buy recommendations, seven Hold ratings, and one Sell rating, yielding a “Moderate Buy” consensus with an average target price of $206.58—substantially beneath current trading levels.
Zacks observes that Dell’s Most Accurate Estimate exceeds consensus projections, producing a favorable Earnings ESP of +3.51%. When paired with a Zacks Rank of #2 (Buy), this framework indicates a probable earnings beat.
Institutional Capital Flows Accelerating
Numerous significant institutional investors have been expanding their equity positions. ProShare Advisors increased its stake by 10.5% during Q4, elevating its holdings to 80,686 shares valued at approximately $10.2 million. Vanguard acquired more than 1.35 million additional shares in Q4, bringing total ownership to 31.44 million shares. Both Wellington and Invesco executed substantial position increases in Q3. Institutional ownership now represents 76.37% of outstanding shares.
Dell Technologies also announced a dividend increase to $0.63 per share quarterly, up from the previous $0.53 distribution. The annualized dividend now totals $2.52, translating to approximately a 1.0% yield.
Notable Insider Transaction Activity
Conversely, company insiders have been reducing holdings. Director V (Gp) L.L.C. SLTA divested 510,000 shares in March at $146.83 per share, while Director Ellen Kullman sold 150,346 shares at $145.13 each. Throughout the past 90-day period, insiders collectively sold approximately $576.7 million in stock. Corporate insiders maintain 42% ownership of the enterprise.
Morgan Stanley maintains an “underweight” position with a target price adjusted to $170—still considerably below present market valuation—citing potential margin compression in AI server operations as a key concern. Several analysts have highlighted that supply-chain bottlenecks could impact profitability despite sustained revenue growth.
Dell Technologies has established Q1 2027 EPS guidance at $2.90 and full fiscal year 2027 guidance at $12.90 per share.
