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Stocks/Information Technology/Technology Hardware, Storage & Peripherals

Dell TechnologiesDELL

Technology Hardware, Storage & Peripherals · Round Rock, Texas · In the S&P 500
Solid businessCheaper than peers
$424.30−10.77%After hours: $424.18 (−0.03%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 159.4% over 1 year
Dell Technologies over 1 yearDaily close, $, to 30 Oct 2026
$200$600Nov2026MarMayJulSep$424.30$200$600NovMarJul$424.30
Source: Nasdaq daily closes
Market value$270B
Price to earnings24.6x
Forward P/E15.0x
Dividend yield0.59%
Year to date+237.1%
One year+159.4%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$111.07$588.40

Quality and valuation

How Dell Technologies compares with other information technology stocks. A description, not a recommendation.

Dell Technologies and 7 technology hardware, storage & peripherals peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among information technology companies, priced below most of them.

Dell Technologies trades at 15.0 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +49.0% vs +20.6%
  • Keeps less of each sale (gross margin): 19.8% vs 61.5%
  • Less profitable (operating margin): 9.4% vs 17.0%
  • Turns less of its sales into cash: 5.7% vs 21.7%
DELL trades at 15.0x forward earnings, below the sector medianForward p/e, Technology Hardware, Storage & Peripherals peers
SNDK5.4xHPE11.9xWDC14.9xDELL15.0xSTX16.0xNTAP20.0xAAPL37.4xP38.9xSector median 22.2xSNDK5.4xHPE11.9xWDC14.9xDELL15.0xSTX16.0xNTAP20.0xAAPL37.4xP38.9xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 24.6x earnings, DELL is pricier than its average since Sep 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x40xAverage 22.3x2025202624.6x20x40xAverage 22.3x2025202624.6x
Source: Nasdaq prices; SEC filings

Financials

From Dell Technologies's SEC filings, through the quarter ending 31 Jul 2026. Hover or tap a bar for its value.

Revenue grew 57.7% from a year earlierQuarterly revenue, $bn, latest Q2 ’27
$0bn$20bn$40bnQ3 ’25Q1 ’26Q3 ’26$47.0bnQ2 ’27$0bn$20bn$40bnQ3 ’25Q1 ’26Q3 ’26$47.0bnQ2 ’27
Source: SEC filings
Growth slowed to +57.7% last quarterRevenue growth, year on year, %
0%25%50%75%Q3 ’25Q1 ’26Q3 ’2657.7%Q2 ’270%50%Q3 ’25Q1 ’26Q3 ’2657.7%Q2 ’27
Source: SEC filings
Operating margin was 11.5% last quarterOperating income as a share of revenue, %
0%5%10%Q3 ’25Q1 ’26Q3 ’2611.5%Q2 ’270%5%10%Q3 ’25Q1 ’26Q3 ’2611.5%Q2 ’27
Source: SEC filings
Free cash flow was $8.6 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$2bnQ3 ’25Q1 ’26Q3 ’26$1.0bnQ2 ’27$0bn$2bnQ3 ’25Q1 ’26Q3 ’26$1.0bnQ2 ’27
Source: SEC filings
Last 12 monthsDELLSector median
Revenue growth+49.0%+20.6%
Gross margin19.8%61.5%
Operating margin9.4%17.0%
Free cash flow margin5.7%21.7%
Price to earnings24.6x33.1x

Stories on Dell Technologies

Friday, 30 October
Why it moved

Dell Technologies (DELL) Shares Slide After Intel Warns on the PC Market

Dell plunged 12.6% on Friday after Intel warned that a shortage of memory chips is choking PC demand, dragging HP and other hardware makers down with it.

DELL▼ 12.6%
A desktop computer tipping off a desk as keyboard keys spill into the air
Thursday, 22 October
Chart

Three of the S&P 500's Five Best Stocks This Year Make AI Hardware

Sandisk, Dell and Micron are up 200% to 431% in 2026, behind only Moderna, while AppLovin has lost 60.8%, the worst in the index.

SNDK▼ 8.5%
Screens of market charts

Similar companies

Technology Hardware, Storage & Peripherals, by market value.

CompanyPriceTodayYTDValue
AAPLApple$344.63−1.23%+26.8%$5.03T
SNDKSandisk$1,150.89−13.47%+384.8%$166B
STXSeagate Technology$644.58−7.98%+134.1%$148B
WDCWestern Digital$366.11−7.41%+112.5%$137B
HPEHewlett Packard Enterprise$55.09−6.42%+129.4%$73.13B
PEverpure$126.98−7.45%+89.5%$42.31B
NTAPNetApp$199.18−8.81%+86.0%$39.12B
HPQHP$28.78−9.58%+29.2%$25.95B