In this articleA Dell Technologies flag outside the company headquarters in Round Rock, Texas, Feb. 6, 2023.Shares of Dell popped more than 18% in extended trading Thursday after the company released fourth-quarter results that beat analysts' estimates on top and bottom lines.This is breaking news. Please check back for updates. ...

SUBARU Lab, powered by Dell PowerScale storage systems, will deliver next-generation AI technology to enhance driver safety ROUND ROCK, Texas, Feb. 29, 2024 /PRNewswire/ --   News summary Dell storage systems help Subaru store and manage approximately 1,000 times more files than before to power next-generation AI solution development SUBARU Lab reduces storage costs while scaling performance through Dell PowerScale storage tiering capabilities Full story Subaru Corporation is teaming with Dell Technologie ...

ROUND ROCK, Texas, Feb. 28, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) announces that Yvonne McGill, chief financial officer, and Arthur Lewis, president of Infrastructure Solutions Group, will present in a fireside chat at the following conference: Morgan Stanley Technology, Media & Telecom Conference – San Francisco, CATuesday, March 5, 20243:35 p.m. PT / 6:45 p.m. ET A live webcast and a replay of all conference webcasts will be available on Dell Technologies' Investor Relations page at investor ...

Exhibit 99.1 Dell Technologies Delivers Fourth Quarter and Full Year Fiscal 2024 Financial Results News summary ROUND ROCK, Texas — February 29, 2024 Full story Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2024 fourth quarter and full year. Fourth quarter revenue was $22.3 billion, down 11% year over year. Operating income was $1.5 billion and non-GAAP operating income was $2.1 billion, up 25% and down 1% year over year, respectively. Cash flow from operations was $1.5 billion. ...

Analyst Estimates for Q4 FY 2024Q3 FY 2024Q4 FY 2023Revenue$22.11 billion$22.25 billion$25.04 billionDiluted EPS$1.72$1.88$1.80Net Income$1.26 billion$1.39 billion$1.32 billion Key Metric: Server and Networking Revenue Growth A bright spot could be Dell's server and networking segment, which grew last quarter despite overall earnings falling short of expectations.Servers and networking revenue was at $4.7 billion in the third quarter of the 2024 fiscal year, representing 9% sequential growth that the com ...

Dell Technologies Inc (NYSE: DELL) has been in a sharp uptrend in the trailing twelve months but a Loop Capital analyst is convinced it’s not out of juice just yet.Dell stock has upside to $125Copy link to sectionAnanda Baruah assumed coverage of the IT giant this morning with a “buy” rating. His $125 price target suggests another 37% upside from here. The analyst recommends owning Dell stock primarily because he sees “material upside” to Street estimates. The New York listed firm is scheduled to report its ...

Dell Technologies (DELL) is set to report its fourth-quarter fiscal 2024 results on Feb 29.The company expects fiscal fourth-quarter revenues in the range of $21.5-$22.5 billion, with a midpoint of $22 billion. Earnings are expected to be $1.70 per share (+/- 10 cents).The Zacks Consensus Estimate for revenues is pegged at $22.13 billion, suggesting an 11.63% decline from the figure reported in the year-ago quarter. Continued sluggish IT spending by corporate and global enterprise customers is expected to h ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find compa ...

"The next generation of PCs is emerging at a pivotal time – with upcoming refresh cycles and new capabilities on the PC creating the perfect storm," said Patrick Moorhead, founder and CEO of Moor Insights & Strategy. "Dell's commercial AI PCs and workstations, coupled with its ecosystem of peripherals, software and services, offer an AI continuum designed to enhance the user experience today and set organizations up for success in the future." "Every company that wants to remain competitive will have to imp ...

Dell Technologies (DELL) shares soared 7.9% in the last trading session to close at $87.79. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.8% loss over the past four weeks.Dell is benefiting from strong demand for AI servers driven by ongoing digital transformation and heightened interest in generative AI applications.This computer and technology services provider is expected to post quarterly earnings of $1.73 per share in it ...