Group 1 - Dell Technologies is recognized as a leader in both infrastructure and PC end-markets [1] - The company's competitive positioning has improved over the years, but it faces significant pricing pressure in very competitive markets [1]

Group 1 - The focus is on long-term growth and dividend growth investing, emphasizing the importance of profitability over low valuation [1] - The analysis prioritizes margins, free cash flow stability and growth, and returns on invested capital as key metrics for evaluating companies [1] - The approach involves thorough research of high-quality companies, indicating a commitment to continuous analysis and understanding of potential investments [1]

Dell Technologies (DELL) reported non-GAAP earnings of $2.68 per share in fourth-quarter fiscal 2025, beating the Zacks Consensus Estimate by 5.93%. The bottom line increased 18% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues increased 7% year over year to $23.93 billion but missed the consensus mark by 2.95%. The rise was primarily fueled by a 37% jump in servers and networking revenues, driven by strong demand for AI and traditional servers.Following the res ...

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Computer hardware giant Dell Technologies Inc (NYSE:DELL) is down 7.9% at $99.27 at last glance, following lackluster fourth-quarter results. The company's earnings came in at a record $8.14 per share, but revenue and current-quarter guidance disappointed. Dell also announced that it sold about $10 billion artificial intelligence (AI)-optimized servers the last fiscal year, and expects to sell $15 billion this year. A handful of analysts lowered their price targets after the event, including Susquehanna to ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

Financial Data and Key Metrics Changes - FY '25 revenue was $95.6 billion, up 8% year-over-year, with operating income of $8.5 billion [10] - Operating expenses were reduced by 4%, resulting in record EPS of $8.14, up 10%, and cash flow of $4.5 billion [11][50] - Q4 revenue was $23.9 billion, up 7%, with net income up 15% to $1.9 billion [16][30] Business Line Data and Key Metrics Changes - ISG revenue was $11.4 billion, up 22%, with servers and networking revenue at a record $6.6 billion, up 37% [31] - CSG revenue was up 1% to $11.9 billion, with commercial revenue up 5% and consumer revenue down 12% [35] - PowerStore saw strong demand growth for four consecutive quarters, with double-digit growth in the last three quarters [22][32] Market Data and Key Metrics Changes - AI orders demand in Q4 was $1.7 billion, with $2.1 billion in shipments and a backlog of $4.1 billion [17] - The AI hardware and services total addressable market (TAM) is expected to nearly double to $295 billion by 2027, growing at a 33% CAGR [25] - The installed base of PCs is aging, with a significant opportunity for a broader PC refresh as Windows 10 approaches end of life [24][138] Company Strategy and Development Direction - The company is focused on leveraging strengths in AI, traditional servers, and storage to capture new growth opportunities [25][50] - A significant pivot to Dell IP storage is underway, with a focus on disaggregated architectures in storage [22][113] - The company aims to simplify branding and broaden silicon options across Intel, AMD, and Qualcomm to prepare for the PC refresh [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth opportunities driven by AI, data center modernization, and PC refresh cycles [42][43] - The competitive environment is acknowledged, with expectations of flat to slightly declining margins in certain segments [46][60] - The company is modernizing operations to improve efficiency and drive innovation while reducing operating expenditures [129][130] Other Important Information - The company returned $1.1 billion to shareholders through stock repurchases and dividends, with an 18% increase in the annual dividend to $2.10 per share [40] - A $10 billion increase in share repurchase authorization was approved by the Board of Directors, reflecting confidence in the business [41] Q&A Session Summary Question: Can you discuss the fiscal '26 guidance and assumptions? - Management guided to a midpoint revenue of $103 billion, with ISG expected to grow in the high teens and CSG in the mid-single digits [56][57] Question: What are the risks of ODM encroachment in the AI server market? - Management acknowledged the presence of ODMs but emphasized Dell's engineering capabilities and differentiated solutions as key competitive advantages [65][70] Question: What is the company's exposure to the U.S. federal government? - Management indicated that while they do business with the federal government, they are confident in their ability to navigate budget cycles and demand for technology [75][78] Question: Can you elaborate on the free cash flow expectations for fiscal '26? - Management noted that free cash flow was impacted by lower-than-expected growth in CSG and increased investment in AI, but they expect improvements in FY '26 [126][128] Question: What is the confidence level regarding the PC refresh? - Management expressed optimism about the upcoming PC refresh driven by aging installed bases and the end of Windows 10 support [137][141]

Dell Technologies showcased robust earnings performance, exceeding EPS estimates despite missing revenue estimates.Dell Technologies (DELL -6.76%), a leading provider of IT solutions, reported mixed fiscal 2025 fourth-quarter results on Thursday, Feb. 27. Adjusted EPS of $2.68 surpassed analyst's consensus expectations of $2.52. However, revenue fell slightly short of estimates, landing at $23.9 billion against a forecast of $24.57 billion. Overall, Dell's performance highlighted its operational efficiency, ...

Dell Technologies (DELL) came out with quarterly earnings of $2.68 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $2.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.93%. A quarter ago, it was expected that this computer and technology services provider would post earnings of $2.06 per share when it actually produced earnings of $2.15, delivering a surprise of 4.37%.Over th ...