Dell Technologies(DELL)

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Dell, HP, CrowdStrike, 3D Systems And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Benzinga· 2024-11-27 13:16
U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.Shares of Dell Technologies Inc. DELL fell sharply in today's pre-market trading following third-quarter results.Dell Technologies reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $2.05. Quarterly revenue came in at $24.37 billion, which missed the consensus estimate of $24.65 billion and is an increase over revenue of $22.25 billion from the same period last yea ...
Dell's AI business is booming, but shares plunged after it cut its revenue outlook
Business Insider· 2024-11-27 12:11
Advertisement Dell reported $24.4 billion in revenue for its third quarter — a 10% year-on-year increase.Revenues jumped 34% in Dell's ISG division, which includes the company's AI operations.But a lower-than-expected fourth quarter outlook drove Dell's shares down 12% in premarket trading.Dell reported third-quarter earnings on Tuesday that showed promising growth for its AI business, but forecast lower overall revenues than expected for the end of the year.The company's third-quarter revenue rose 10% yea ...
Why Dell stock is crashing
Finbold· 2024-11-27 11:02
Dell’s (NYSE: DELL) share price is spiraling downward as investors digest the company’s third-quarter earnings and future forecasts.At the close of the latest trading session, Dell was trading at $141.74, ending the day down 1.7%. The weakness extended into pre-market trading on November 27, where the stock has plunged over 13% to $123. Despite this dip, Dell remains green for 2024, gaining almost 90% year-to-date.DELL one-day stock price chart. Source: Google FinanceWhy DELL share price is plunging This de ...
Dell: Market Overreacts To Q3 Earnings
Seeking Alpha· 2024-11-27 11:00
Dell Technologies (NYSE: DELL ) has just released its FQ3 2025 earnings, and the market reacted with an 11% post-market sell-off. This was unfair in my opinion because there are multiple robust indications that the company is fundamentally strong andComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies p ...
Dell Q3: Rapid AI Server Growth Offset Weak Consumer PC Sales, Remain 'Strong Buy'
Seeking Alpha· 2024-11-27 05:58
More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...
Watch These Dell Stock Price Levels After Post-Earnings Plunge
Investopedia· 2024-11-27 03:50
Key TakeawaysDell shares fell 11% in extended trading Tuesday after the server and personal computer maker reported quarterly revenue that came in below Wall Street expectations.The stock has trended higher within a rising wedge, a chart pattern that may signal a potential reversal upon a breakdown below the formation’s lower trendline.Investors should watch key support levels on Dell's chart around $130, $105, and $87. while also monitoring an important overhead area near $180. Dell (DELL) shares tumbled i ...
Dell Technologies(DELL) - 2025 Q3 - Earnings Call Transcript
2024-11-27 00:15
Dell Technologies Inc. (NYSE:DELL) Q3 2025 Earnings Conference Call November 26, 2024 4:30 PM ET Company Participants Paul Frantz - Head of Investor Relations Jeff Clarke - Vice Chairman and Chief Operating Officer Yvonne McGill - Chief Financial Officer Conference Call Participants Amit Daryanani - Evercore ISI Toni Sacconaghi - Bernstein Aaron Rakers - Wells Fargo David Vogt - UBS Erik Woodring - Morgan Stanley Wamsi Mohan - Bank of America Ben Reitzes - Melius Research Asiya Merchant - Citi Mehdi Hossein ...
Compared to Estimates, Dell Technologies (DELL) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-27 00:01
Dell Technologies (DELL) reported $24.37 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 9.5%. EPS of $2.15 for the same period compares to $1.88 a year ago.The reported revenue represents a surprise of -0.79% over the Zacks Consensus Estimate of $24.56 billion. With the consensus EPS estimate being $2.06, the EPS surprise was +4.37%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...
Dell Technologies (DELL) Q3 Earnings Beat Estimates
ZACKS· 2024-11-26 23:26
Dell Technologies (DELL) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $1.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.37%. A quarter ago, it was expected that this computer and technology services provider would post earnings of $1.74 per share when it actually produced earnings of $1.89, delivering a surprise of 8.62%.Over th ...
Dell Stock Slides After Revenue Falls Short of Estimates
Investopedia· 2024-11-26 22:45
Dell (DELL) posted third-quarter revenue that fell short of analysts’ expectations, sending shares lower after the closing bell Tuesday. The server and personal computer maker delivered revenue of $24.4 billion, a 10% rise year-over-year, and below the analyst consensus from Visible Alpha. Its net income of $1.13 billion or $1.58 per share was up from $1 billion or $1.36 per share a year earlier, beating estimates. Server and Networking Revenue Climbs on AI Demand Server and networking revenue rose 58 ...