Core Insights - Dell Technologies (DELL) is expected to report third-quarter fiscal 2026 results on November 25, 2025, with projected revenues between $26.5 billion and $27.5 billion, indicating an 11% year-over-year growth [1] - The Zacks Consensus Estimate for revenues is $27.27 billion, suggesting an 11.93% growth year-over-year, while earnings are estimated at $2.48 per share, reflecting a 15.35% increase [2] Revenue and Earnings Expectations - For fiscal Q3 2026, revenues are anticipated to be between $26.5 billion and $27.5 billion, with a midpoint of $27 billion indicating 11% growth year-over-year [1] - The ISG revenues are estimated at $13.884 billion, indicating a 22% year-over-year growth, while CSG revenues are pegged at $12.654 billion, suggesting a 4.3% year-over-year growth [5] Market Demand and Growth Drivers - The demand for AI-optimized servers is expected to significantly benefit Dell's fiscal third-quarter results, driven by ongoing digital transformation and interest in generative AI applications [4] - Dell shipped $8.2 billion in AI servers in Q2 fiscal 2026, with a $5.6 billion increase in AI server orders, and an AI backlog of $11.7 billion [6] Competitive Landscape - Dell Technologies faces challenges from weaker demand for traditional servers and storage in North America, as well as fierce competition in the tech landscape [7] - Despite underperforming the broader Zacks Computer & Technology sector, Dell shares have outperformed Hewlett-Packard (HPE) in the same timeframe [8][9] Strategic Partnerships and Innovations - Dell's expanding partner base, including NVIDIA, Microsoft, and others, is likely to drive growth in Q3 fiscal 2026 [14] - Recent advancements to Dell's AI Data Platform aim to enhance data integration and performance, supporting enterprise AI outcomes [16] Stock Valuation - Dell Technologies shares are considered undervalued, with a forward 12-month P/S ratio of 0.71X compared to the sector's 6.55X [12]

Company Performance - HP's stock price decreased by 6.77% to $22.87, underperforming the S&P 500's daily loss of 0.92% [1] - Over the past month, HP's stock has fallen by 10.38%, while the Computer and Technology sector gained 1.64% and the S&P 500 gained 1.48% [1] Upcoming Earnings - HP is set to release its earnings report on November 25, 2025, with projected EPS of $0.92, indicating a 1.08% decline from the same quarter last year [2] - The consensus estimate for quarterly revenue is $14.79 billion, reflecting a 5.23% increase from the previous year [2] Full Year Projections - For the full year, earnings are projected at $3.11 per share, showing a decrease of 7.99%, while revenue is expected to remain flat at $55.2 billion [3] - Recent revisions to analyst forecasts for HP are important as they indicate the evolving short-term business trends [3] Valuation Metrics - HP has a Forward P/E ratio of 7.4, which is lower than the industry average Forward P/E of 12.58, indicating a valuation discount [5] - The company has a PEG ratio of 1.85, compared to the industry average PEG ratio of 1.34 [6] Industry Context - The Computer - Micro Computers industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 49, placing it in the top 20% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Core Insights - The article discusses the performance and outlook of three companies: Accenture plc, Sanofi, and Dell Technologies Inc. Accenture plc - Accenture's shares have underperformed the Zacks Computers - IT Services industry over the past year, declining by 31.2% compared to the industry's 18.7% decline [4] - The company faces rising competition, leading to increased talent costs and pricing pressures, along with integration risks from rapid acquisitions [4] - Despite these challenges, Accenture's growth strategy focuses on delivering comprehensive value to stakeholders, capitalizing on strong demand for application modernization, cloud enhancements, and cybersecurity [5] - The company has leveraged buyouts to enhance its digital technology capabilities and maintains a strong cash position, making it appealing for dividend-seeking investors [6] Sanofi - Sanofi's shares have outperformed the Zacks Large Cap Pharmaceuticals industry over the past year, with a growth of 2.2% compared to the industry's 0.8% [7] - The company exceeded third-quarter earnings and sales estimates, driven by strong demand for Dupixent across various indications and regions [7] - Sanofi has launched several new drugs that significantly contribute to its accelerated top-line growth and has increased R&D investments to advance its pipeline [8] - However, the company faces challenges from generic erosion of Aubagio, lower sales from mature products, competitive pressure on influenza vaccines, and uncertainties related to potential U.S. tariffs on EU exports [9] Dell Technologies Inc. - Dell Technologies has outperformed the Zacks Computer - Micro Computers industry year-to-date, with a growth of 25.2% compared to the industry's 8% [11] - The company benefits from strong demand for AI servers, securing $8.2 billion in AI server orders, which has built a robust backlog [11] - Dell's partnerships with major companies like NVIDIA, Google, and Microsoft have been significant growth drivers [11] - Nonetheless, Dell faces challenges from weaker demand for traditional servers, declining consumer PC revenue, and competitive pressures in the AI market [12]

Core Viewpoint - Dell Technologies is experiencing mixed performance in the stock market, with a recent decline in share price while showing positive earnings expectations for the upcoming quarter and fiscal year [1][3][4]. Company Performance - Dell Technologies closed at $152.41, reflecting a decrease of 1.44% from the previous day, underperforming compared to the S&P 500, which gained 0.37% [1]. - Over the past month, Dell's shares increased by 2.5%, which is lower than the Computer and Technology sector's gain of 2.98% but higher than the S&P 500's increase of 0.95% [2]. Earnings Expectations - The company is set to announce its earnings on November 25, 2025, with an expected EPS of $2.47, representing a year-over-year increase of 14.88% [3]. - For the entire fiscal year, earnings are projected at $9.54 per share, with total revenue expected to reach $107.75 billion, indicating increases of 17.2% and 14.68% respectively from the previous year [4]. Analyst Estimates - Recent changes in analyst estimates for Dell Technologies suggest a favorable outlook on the company's business health and profitability [5]. - The Zacks Consensus EPS estimate has seen a slight increase of 0.08% over the last 30 days, and Dell currently holds a Zacks Rank of 2 (Buy) [7]. Valuation Metrics - Dell Technologies has a Forward P/E ratio of 16.2, which is higher than the industry average of 14.12 [8]. - The company has a PEG ratio of 0.96, compared to the industry average PEG ratio of 1.46, indicating a more favorable valuation relative to expected earnings growth [9]. Industry Context - The Computer - Micro Computers industry, which includes Dell Technologies, ranks 100 in the Zacks Industry Rank, placing it in the top 41% of over 250 industries [10].

Core Viewpoint - HP's stock performance has lagged behind major indices, with a recent decline of 3.96% compared to the S&P 500's loss of 1.17, indicating potential concerns among investors regarding the company's upcoming earnings report [1][2]. Financial Performance - HP is expected to report an EPS of $0.92, reflecting a 1.08% decrease from the same quarter last year, while revenue is forecasted at $14.79 billion, representing a 5.23% increase year-over-year [2]. - For the entire fiscal year, earnings are projected at $3.11 per share, down 7.99% from the previous year, with revenue expected to remain flat at $55.2 billion [3]. Analyst Sentiment - Recent adjustments to analyst estimates indicate a downward trend, with the Zacks Consensus EPS estimate decreasing by 0.3% in the past month, leading to a Zacks Rank of 4 (Sell) for HP [5]. - The correlation between estimate revisions and share price momentum suggests that positive changes in estimates could indicate analyst optimism regarding HP's business and profitability [4]. Valuation Metrics - HP's Forward P/E ratio stands at 8.13, significantly lower than the industry average of 14.47, suggesting that HP may be undervalued compared to its peers [6]. - The company's PEG ratio is 2.03, higher than the industry average of 1.51, indicating that HP's expected earnings growth may not justify its current valuation [7]. Industry Context - The Computer - Micro Computers industry, which includes HP, ranks 96 in the Zacks Industry Rank, placing it in the top 39% of over 250 industries, suggesting a relatively strong position within the sector [8].

Core Viewpoint - Dell Technologies is experiencing positive stock performance and is set to report strong earnings, indicating confidence in its business outlook and growth potential [1][2][3]. Group 1: Stock Performance - Dell Technologies closed at $154.23, reflecting a +2.73% increase from the previous day, outperforming the S&P 500's gain of 0.58% [1]. - Over the last month, Dell's shares have risen by 13.66%, contrasting with a 0.5% loss in the Computer and Technology sector and a 0.16% gain in the S&P 500 [1]. Group 2: Earnings Forecast - The upcoming earnings release on November 25, 2025, is expected to show an EPS of $2.47, representing a 14.88% increase from the same quarter last year [2]. - Quarterly revenue is forecasted at $27.15 billion, which is an 11.43% increase compared to the previous year [2]. Group 3: Full Year Estimates - For the full year, analysts expect earnings of $9.54 per share and revenue of $107.75 billion, indicating increases of +17.2% and +12.75% respectively from the prior year [3]. Group 4: Analyst Estimates and Confidence - Recent adjustments to analyst estimates for Dell Technologies suggest a changing business landscape, with positive revisions indicating confidence in performance and profit potential [4]. - The Zacks Rank system currently rates Dell Technologies as 2 (Buy), reflecting strong performance expectations [6]. Group 5: Valuation Metrics - Dell Technologies has a Forward P/E ratio of 15.73, which is higher than the industry average of 13.79 [7]. - The company’s PEG ratio stands at 0.93, compared to the industry average PEG ratio of 1.58, indicating favorable growth expectations relative to its valuation [7]. Group 6: Industry Context - The Computer - Micro Computers industry, part of the broader Computer and Technology sector, holds a Zacks Industry Rank of 42, placing it in the top 18% of over 250 industries [8].

Core Insights - Dell Technologies is expanding its cloud services through its infrastructure solutions and a robust partner ecosystem that supports cloud environments [1] Financial Performance - In Q2 of fiscal 2026, Infrastructure Solutions Group (ISG) revenues, including cloud offerings, increased by 44% year over year to $16.80 billion [2] - The growth was driven by servers and networking revenues of $12.94 billion, which grew by 69% year over year, reflecting strong demand in AI and traditional servers [2] AI and Cloud Solutions - A significant driver of Dell's cloud infrastructure growth is its focus on AI-enabled cloud solutions, with AI server shipments reaching $8.2 billion in Q2 of fiscal 2026 and a $5.6 billion increase in orders [3] - Dell's AI solutions, such as the NVIDIA RTX Pro 6000 AI Factory, are designed for flexibility and power efficiency, crucial for cloud environments [4] Product Advancements - In September 2025, Dell Technologies announced advancements in private cloud infrastructure, including the general availability of Dell Private Cloud and new models like PowerStore and PowerMax QLC [5] Competitive Landscape - Dell Technologies faces strong competition in the cloud market from Microsoft and Alphabet, with Microsoft Cloud revenues reaching $46.7 billion in Q4 of fiscal 2025, a 27% year-over-year increase [6] - Alphabet's Google Cloud revenues surged by 31.7% year over year to $13.62 billion in Q2 of 2025, benefiting from AI infrastructure growth [7] Stock Performance and Valuation - Dell's shares have gained 29.9% year to date, outperforming the broader Zacks Computer & Technology sector's return of 23.1% [8] - Dell's forward 12-month Price/Sales ratio is 0.89X, significantly lower than the sector's 6.90X, indicating that the stock is undervalued [12] - The consensus estimate for fiscal 2026 earnings is $9.54 per share, suggesting a 17.20% year-over-year growth [15]

Group 1: Stock Performance - Apple (AAPL) stock increased by 1.96% to $252.29, outperforming the S&P 500's daily gain of 0.53% [1] - Over the past month, Apple shares gained 4.02%, while the Computer and Technology sector gained 2.01% and the S&P 500 gained 0.71% [1] Group 2: Upcoming Earnings - Apple's earnings report is scheduled for October 30, 2025, with expected EPS of $1.74, reflecting a 6.1% increase from the prior-year quarter [2] - Revenue is anticipated to be $101.27 billion, indicating a 6.68% increase compared to the year-ago quarter [2] Group 3: Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $7.36 per share, a 9.04% increase from the previous year, while revenue is estimated at $414.06 billion, showing no change [3] - Recent analyst estimate revisions are crucial as they reflect near-term business trends and can indicate analysts' positivity towards Apple's operations [3] Group 4: Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks averaging a 25% annual return since 1988 [5] - Apple currently holds a Zacks Rank of 3 (Hold), with a recent EPS estimate increase of 0.24% over the last 30 days [5] Group 5: Valuation Metrics - Apple has a Forward P/E ratio of 31.53, significantly higher than the industry average of 14.04 [6] - The company's PEG ratio stands at 2.41, compared to the Computer - Micro Computers industry's average PEG ratio of 1.57 [6] Group 6: Industry Context - The Computer - Micro Computers industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 21, placing it in the top 9% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]

Core Insights - Dell Technologies (DELL) shares have increased by 32.2% in the past month, significantly outperforming the broader Zacks Computer and Technology sector's growth of 3.8% and the Zacks Computer - Micro Computers industry's rise of 13.1% [1][10] Company Performance - Dell's strong performance is attributed to high demand for AI servers, driven by ongoing digital transformation and interest in generative AI applications [3] - The company shipped $8.2 billion in AI servers in Q2 of fiscal 2026, with a $5.6 billion increase in orders and an AI backlog of $11.7 billion [4][10] - Dell projects $20 billion in AI server shipments for fiscal 2026, indicating robust momentum in the AI infrastructure sector [7] Product Innovations - In September 2025, Dell introduced the PowerEdge XR8720t, a single-server solution for edge and telecom infrastructure, offering more than twice the processing power of previous models [8][9] - The PowerEdge XE7740 server, featuring Intel Gaudi 3 PCIe accelerators, was also launched, providing scalable AI performance for enterprise workloads [11] Strategic Partnerships - Dell is expanding its partner base, collaborating with companies like Lowe's, NVIDIA, Microsoft, and Meta Platforms, enhancing its market presence and customer experiences [12][14] Financial Outlook - For Q3 of fiscal 2026, Dell expects revenues between $26.5 billion and $27.5 billion, with a midpoint of $27 billion, suggesting an 11% year-over-year growth [15] - Non-GAAP earnings are projected at $2.45 per share, indicating an 11% growth year over year, with the Zacks Consensus Estimate for earnings at $2.48 per share, reflecting a 15.35% increase [16] Valuation Metrics - Dell shares are considered undervalued, with a forward 12-month price-to-sales ratio of 0.99X compared to the sector's 6.92X, indicating a significant discount [17]

Company Performance - Apple (AAPL) closed at $256.87, reflecting a +1.81% change from the previous day's closing price, outperforming the S&P 500's daily loss of 0.5% [1] - Prior to the recent trading session, Apple shares had gained 9.47%, surpassing the Computer and Technology sector's gain of 8.21% and the S&P 500's gain of 2.74% [1] Earnings Expectations - The upcoming earnings release is expected to show an EPS of $1.74, a 6.1% increase compared to the same quarter last year, with projected revenue of $101.13 billion, reflecting a 6.53% rise from the equivalent quarter last year [2] - For the entire fiscal year, earnings are projected at $7.36 per share and revenue at $412.1 billion, indicating changes of +9.04% and +5.39% respectively from the prior year [3] Analyst Forecasts - Recent revisions to analyst forecasts for Apple are important as they reflect short-term business trends, with positive changes indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings, with Apple currently holding a Zacks Rank of 3 (Hold) [5][6] Valuation Metrics - Apple is currently traded at a Forward P/E ratio of 34.29, which is a premium compared to the industry average Forward P/E of 13.27 [7] - The company has a PEG ratio of 2.62, compared to the Computer - Micro Computers industry's average PEG ratio of 1.52 [7] Industry Context - The Computer - Micro Computers industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 22, placing it in the top 9% of over 250 industries [8]