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 ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Dell Technologies (DELL) , which belongs to the Zacks Computers - IT Services industry.This computer and technology services provider has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 40.94%.For the most recent quarter, Dell Technolo ...

Have you been paying attention to shares of Dell Technologies (DELL) ? Shares have been on the move with the stock up 5.7% over the past month. The stock hit a new 52-week high of $89.12 in the previous session. Dell Technologies has gained 14.8% since the start of the year compared to the 9.7% move for the Zacks Computer and Technology sector and the 7.2% return for the Zacks Computers - IT Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as i ...

Key PointsDell just broke out of a lengthy consolidation period ahead of its upcoming earnings report on February 29.The company's stock has shown strong performance, up almost 15% year-to-date and a remarkable 109% over the previous year.Analyst sentiment on Dell is generally bullish, with recent upgrades from JPMorgan Chase & Co. and UBS Group, though the consensus price target suggests a potential 8% downside.5 stocks we like better than Dell TechnologiesAhead of its upcoming earnings report on February ...

News summary  Dell Telecom Infrastructure Automation Suite software automates deployment and management of multi-vendor telecom infrastructure for simpler, cost-effective operations Dell Telecom Infrastructure Block adds support for 5G core workloads at the edge and a Dell certification program for industry partners to speed validation of network technologies Globe advances network cloud deployment and increases network operations efficiency with Dell Telecom Infrastructure Blocks for Red Hat ROUND ROCK, ...

ROUND ROCK, Texas, Feb. 19, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) will conduct a conference call Thursday, Feb. 29, 2024, at 3:30 p.m. CST to discuss its fiscal 2024 fourth quarter and full-year financial results. The conference will be available to the public as a live, audio-only webcast on Dell Technologies' website at investors.delltechnologies.com; an archived version will be available at the same location.The company will issue the results via a press release with accompanying financial ...