Dell Technologies stock reaches a new 52 week high
π Dell Technologies stock reached a new 52-week high of $595.51 on September 21, 2026, closing at $587.56 after a 3.44% gain.
π° Quarterly EPS beat consensus by $2.13, reaching $7.04 compared to the estimated $4.91.
π Revenue surged 57.7% year-over-year to $46.97 billion, surpassing the $44.89 billion consensus estimate.
π Fiscal 2027 EPS guidance was set at $25.50, with third-quarter fiscal 2027 guidance at $6.50.
π¦ Morgan Stanley raised its price target from $499 to $511 while maintaining an Equalweight rating.
π Net margin for the reported quarter was 7.53%, up significantly from the prior-year quarter's EPS of $1.70.
ποΈ The next earnings release is expected on November 24, 2026, with a consensus estimate of $6.64 EPS.
π Trading volume reached approximately 11.7 million shares, exceeding the average volume of roughly 7.8 million.
- Dell Technologies stock reached a new 52-week high of $595.51, closing at $587.56 after a strong 3.44% session gain.
- The company reported quarterly EPS of $7.04, beating the consensus estimate of $4.91 by a substantial margin of $2.13.
- Revenue increased 57.7% year-over-year to reach $46.97 billion, significantly exceeding the $44.89 billion consensus.
- Dell set fiscal 2027 EPS guidance at $25.50 and third-quarter fiscal 2027 guidance at $6.50, indicating strong future outlook.
- Morgan Stanley raised its price target from $499 to $511 following the positive earnings surprise.
- The stock achieved a net margin of 7.53% in the reported quarter, demonstrating improved profitability compared to the prior year.