Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 2, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37867 Dell Technologies Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction o ...

Dell Technologies (DELL) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The pow ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores. What are t ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Dell Technologies (DELL) .Dell Technologies currently has an aver ...

具体而言，富国银行认为，尽管戴尔在各个领域都有业务，但在美国总务管理局(GSA)的削减支出行动 中，个人电脑业务的支出最有可能被削减。富国银行预计服务器支出很可能较为刚性，并可能因政府现 代化举措而受到积极影响。此外，国防业务不太可能受到重大影响。 假设戴尔2025财年商业营收438.9亿美元，其中约70%来自美国，且美国商业营收中约10%与联邦政府相 关，那么戴尔与美国联邦政府相关的个人电脑业务风险敞口约为30亿美元。当然，这些估算较为粗略， 戴尔通过许多业务板块涉及联邦政府相关业务。 智通财经APP获悉，富国银行发布研报，予戴尔科技(DELL.US)"增持"评级，目标价为150美元，较当前 股价高出30%。此前有消息称，美国联邦政府已与10家科技供应商进行了接触，以寻求削减成本的机 会，戴尔科技股价一度下跌。考虑到戴尔的风险敞口，富国银行认为这种担忧被夸大了。 根据行业报告，戴尔在2024年的联邦主要合同总营收约为30.4亿美元(56%为国防合同，44%为民用合 同)，同比增长15%，高于2022年的18.2亿美元。 富国银行予戴尔"增持"评级，反映了对该公司去杠杆化执行以及转向资本回报举措(股份回购+股 ...

金十图示：2025年06月09日（周一）全球主要科技与互联网公司市值变化 | 戴尔科技 | 777 | 1.73% | 113.75 | | --- | --- | --- | --- | | Constellation Software | 760 | 0.26% | 3590.03 | | Tokyo Electron TEL | 755 | 1 0.7% | 164.86 | | SYNOPSYS 新思科技 | 754 | 1 0.79% | 486 | | Foxconn (Hon Hai Precision Industry) | 716 | - 0.98% | 5.16 | | Paypal | 714 | 1 1.32% | 73.43 | | Snowflake | 703 | 0.35% | 210.84 | | Media Tek | 678 | 0.39% | 42.58 | | Workday | 673 | 1.05% | 252.72 | | CoreWeave | 672 | 3.78% | 140.16 | | Robinhood | 660 | + 3.27% | 74.88 ...

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Key Takeaways DELL's AI strength, Windows 11 upgrades, and new devices boosted first-quarter commercial revenues by 9%. HPQ's China manufacturing exposure poses a risk if U.S.-China tariffs escalate, impacting margins.Dell Technologies (DELL) and HP (HPQ) are major players in the personal computer (PC) market, offering a wide range of laptops, desktops, and other technology products. While DELL offers a broader enterprise portfolio, including servers, storage, PCs and strong AI infrastructure momentum, HPQ ...

Company Overview - Dell Technologies Inc. participated in the Bank of America Global Technology Conference, highlighting its strong position in the IT hardware sector, particularly in AI-related products [1][2]. Financial Performance - The Infrastructure Solutions Group (ISG) reported $10.3 billion in revenue, reflecting a 12% year-over-year growth, marking the fifth consecutive quarter of double-digit revenue growth [5]. - Operating margins reached approximately $1 billion, growing 36%, which is three times faster than revenue growth, indicating strong operational efficiency [5].

Summary of Dell Technologies (DELL) 2025 Conference Call Company Overview - **Company**: Dell Technologies (DELL) - **Event**: Bank of America's Global Tech Conference - **Date**: June 03, 2025 Key Points Financial Performance - **Revenue**: $10.3 billion in the Infrastructure Solutions Group (ISG), representing a 12% year-over-year growth, marking the fifth consecutive quarter of double-digit revenue growth [6] - **Operating Margins**: Approximately $1 billion, growing 36%, which is three times faster than revenue growth [6] - **Record Orders**: Bookings reached $12.1 billion, exceeding total shipments from the previous fiscal year in just the first quarter [7] - **Backlog**: A record backlog of $14.4 billion, indicating strong future demand [8] AI and Technology Trends - **AI Demand**: The company experienced a "blockbuster AI quarter," with significant growth in AI-related orders and a robust pipeline for the next five quarters [7][8] - **Server Business Growth**: The overall server networking business grew by 16%, with six consecutive quarters of demand growth [9] - **PowerStore Performance**: PowerStore saw its highest growth rate in 12 quarters, with 15% of new buyers being new to Dell [10] Market Dynamics - **Product Transition**: The company is adept at managing complex product transitions, having successfully deployed new technologies like Hopper and NVL 72 ahead of competitors [27][28] - **Supply Chain Management**: Dell has effectively navigated geopolitical issues and tariffs, maintaining price stability and agility in operations [34] Strategic Focus Areas - **Disaggregated Infrastructure**: There is a significant trend towards disaggregated infrastructure, driven by the need for flexibility and efficiency in cloud operations [38][41] - **Customer Segmentation**: The company identifies three main customer segments: tier two cloud service providers (CSPs), sovereign entities, and enterprises, with varying levels of maturity in AI adoption [44][50] Future Outlook - **Revenue Guidance**: The company anticipates revenue growth of over $15 billion for the year, with a focus on AI and related technologies [15][73] - **Materiality of AI Business**: The AI segment is still nascent, but expected to ramp up quickly, with significant future contributions to revenue [75] Innovation and Product Development - **Product Announcements**: Dell has made 40 major product announcements, showcasing its commitment to innovation in AI and infrastructure [56] - **Integration of Systems**: Dell positions itself as a unique integrator of compute, network, and storage solutions, enhancing performance for AI applications [65][66] Customer Engagement - **Strategic Partnerships**: The company is actively engaging with customers to define their future data strategies and optimize their AI deployments [51][55] - **Use Cases for AI**: Examples of AI applications include content generation, coding assistance, and customer service enhancements, demonstrating clear ROI for enterprises [59][62] Additional Insights - **Market Conditions**: A slight slowdown in demand was noted around April 2, attributed to macroeconomic uncertainties, but the overall market remains growing [78] - **Installed Base**: 75% of Dell's installed base is on servers 14 generations or older, indicating a significant opportunity for upgrades [79] This summary encapsulates the key insights and data points from the Dell Technologies conference call, highlighting the company's strong performance, strategic focus on AI, and innovative capabilities in the tech industry.