The live webcast and a replay of the webcast will be available on Dell Technologies' Investor Relations page at investors.delltechnologies.com. Copyright © 2024 Dell Inc. or its subsidiaries. All Rights Reserved. Dell Technologies, Dell, EMC and Dell EMC are trademarks of Dell Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners. ROUND ROCK, Texas, July 22, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) will conduct a conference call July 31 at 3 p.m. CT / 4 p.m. ET t ...

The global consumer tech market is on an upward trajectory, with spending forecast to reach $512 billion, growing 2.8% year-over-year (YOY). Emerging technologies such as augmented reality (AR), drones and robotic systems play pivotal roles in this expansion. This growth underscores continuous innovation and the integration of technology into daily life, offering substantial potential for consumer tech stocks. Source: Jonathan Weiss / Shutterstock.com Amid economic uncertainties and regulatory challenges in ...

Dell's robust portfolio and expanding partner base are key drivers. Its strong liquidity, with a cash balance of $7.3 billion, is noteworthy as it makes dividend payout more sustainable. Moreover, President Joe Biden's plan to impose harsher trade restrictions on China to limit the manufacture of powerful semiconductors has been detrimental to Dell Technologies, as well as other chip stocks like NVIDIA (NVDA) , AMD, ASML and Micron. DELL's outperformance can be primarily attributed to the strong demand for ...

Follow 16.75% F Save l last analyzed Dell Technologies Inc. (NYSE:DELL) about 3 months ago. The article was titled "Dell: Inventory Docs Not Lic" and was written on. April 20, 2024, as illustrated by the chart below. As the title suggests, that article focused on the use of its inventory levels as a key indicator of the status of its business cycle. Quote About This Article █ Nov 22 DELL stock: top-line growth indicates the beginning of expansion cycle However, for cyclical stocks like DELL, I rely more on ...

Per Schaeffer's Senior Quantitative Analyst Rocky White, the security has come within striking distance of its 80-day trendline three times in the past three years, defined for this study as having traded north of it 80% of the time in the past two months, and in eight of the past 10 trading days. One month later, the stock was higher each time, averaging a 9.8% return. A similar move would push the stock near the $140 level. Dell Technologies Inc (NYSE:DELL) stock is 6.7% lower at $125.29 at last glance, s ...

Coming into today, shares of the computer and technology services provider had gained 3.4% in the past month. In that same time, the Computer and Technology sector gained 4.22%, while the S&P 500 gained 3.78%. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Computers - IT Services industry is p ...

Eli Lilly (LLY) Netflix (NFLX) Though the AI boom still has room to run for many quarters or maybe even years, I don't blame you if you're in no rush to pick up shares of your favorite Magnificent Seven companies. Valuations are starting to get on the high side. And while some premium is deserved, it's all right to feel more cautious about the names while some trade at multiples not seen in decades. Source: shutterstock.com/Michael Vi On the AI front, the company has teamed up with various AI firms, includi ...

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7.82 per share and a revenue of $96.76 billion, indicating changes of +9.68% and +9.43%, respectively, from the former year. In terms of valuation, Dell Technologies is presently being traded at a Forward P/E ratio of 18.66. Its industry sports an average Forward P/E of 27.28, so one might conclude that Dell Technologies is trading at a discount comparatively. Be sure to use Zacks.com to monitor all these stock-influencin ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Dell Technologies (DELL) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question. Looking more specifically, Dell Technologies belongs to the Computers - IT Services industry, a group that includes 39 individual stocks and currently sits a ...

Between January and the start of June, the company's share price doubled. But over the past month, the stock has declined 16% after Dell's first-quarter earnings raised concerns about the profitability of the AI servers. AI Opportunity Investment bank Morgan Stanley (NYSE:MS) has forecast $10 billion of AI server revenue from Dell in the company's current fiscal year that ends in February 2025. Analysts believe concerns over Dell's AI servers selling at low margins are temporary. In mid-June, Morgan Stanley ...