All You Need to Know About Dell Technologies (DELL) Rating Upgrade to Buy

Core Viewpoint - Dell Technologies has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. Business Improvement Indicators - The increase in earnings estimates and the Zacks rating upgrade suggest an improvement in Dell Technologies' underlying business, which could lead to higher stock prices as investors respond positively [4][9]. Earnings Estimate Revisions - Dell Technologies is projected to earn $9.43 per share for the fiscal year ending January 2026, with no year-over-year change, but the Zacks Consensus Estimate has increased by 1% over the past three months [7]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [6][8]. - The upgrade of Dell Technologies to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9].