Dell Technologies (DELL)
NYSEInformation TechnologyComputer HardwareSnapshot 2026-11-04
$371.41-9.06%
Close 2026-11-04 · 1-day change
NYSEInformation TechnologyComputer HardwareSnapshot 2026-11-04
Research Workspace
Put DELL beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Technology Hardware, Storage & Peripherals is in supercycle. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Increase non-GAAP EPS to about $17.31 in FY27: Comparison needs review.
View ThesisRevenue growth is accelerating — up about 49% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, margins, the balance sheet, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 4% on a typical day and fell roughly 37% in its worst 12-month stretch.
View RiskDell's AI server growth must keep compounding to justify the price. Revenue grew 58% year over year in the latest quarter. The company beat its earnings estimate by 49%. It trades at 23 times earnings versus a 30 times peer median. The price reflects less growth than we forecast. The primary pillar is under pressure. The thesis comparison is not yet verified. Peer multiples imply a price about 13% above where it trades. The thesis is on watch. This read is provisional.
Trailing returns as of 2026-11-04. DELL is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 30 analysts currently covering DELL (as of Nov 2026).
Based on 15 Wall Street analysts offering 12-month price targets for DELL in the last 4 months.
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Compare DELL with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| DELL Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Technology Hardware, Storage & Peripherals — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put DELL next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive AI-optimized server revenue and backlog growth
Partnership enhances AI Factory security, supporting AI server adoption.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $371.41
The last 12 months of price, then the range of analyst 12-month targets from today’s $371.41.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Drive significant revenue growth, especially in AI-optimized servers
A reported $95 billion AI backlog supports demand for Dell's AI-optimized servers.
Threatens: Increase earnings per share (EPS) and profitability
Downgrade impacts earnings expectations and investor sentiment.
Downgrade suggests challenges in achieving AI revenue growth.
Threatens: Drive significant revenue growth, especially in AI-optimized servers
Slowing growth outlook impacts revenue growth objective.
Advances: Drive significant revenue growth, especially in AI-optimized servers
Expansion aligns with revenue growth in AI-optimized servers.
Advances: Drive significant revenue growth, especially in AI-optimized servers
New tools enhance AI-optimized server revenue growth potential.
Advances: Drive significant revenue growth, especially in AI-optimized servers
AI server backlog supports revenue growth objective.
