Dell (DELL) Stock Forecast, Price Target & Predictions
DELL Stock Forecast
Dell stock forecast is as follows: an average price target of $114.09 (represents a -12.14% downside from DELL’s last price of $129.85) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.
DELL Price Target
The average price target for Dell (DELL) is $114.09 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $185.00 to $47.50. This represents a potential -12.14% downside from DELL's last price of $129.85.
DELL Analyst Ratings
According to 18 Wall Street analysts, Dell's rating consensus is 'Buy'. The analyst rating breakdown for DELL stock is 0 'Strong Buy' (0.00%), 15 'Buy' (83.33%), 3 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Dell Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 16, 2024 | Vijay Rakesh | Mizuho Securities | $135.00 | $115.40 | 16.98% | 3.97% |
| Sep 10, 2024 | Mehdi Hosseini | Susquehanna | $120.00 | $105.75 | 13.48% | -7.59% |
| Aug 30, 2024 | Michael Ng | Goldman Sachs | $155.00 | $115.91 | 33.72% | 19.37% |
| Aug 30, 2024 | Aaron Rakers | Wells Fargo | $140.00 | $110.74 | 26.42% | 7.82% |
| Aug 30, 2024 | Wamsi Mohan | Bank of America Securities | $155.00 | $110.74 | 39.97% | 19.37% |
| Aug 15, 2024 | Asiya Merchant | Citigroup | $155.00 | $102.95 | 50.56% | 19.37% |
| Aug 12, 2024 | Amit Daryanani | Evercore ISI | $140.00 | $92.55 | 51.27% | 7.82% |
| May 31, 2024 | Erik Woodring | Morgan Stanley | $155.00 | $169.92 | -8.78% | 19.37% |
| May 31, 2024 | Tim Long | Barclays | $97.00 | $169.92 | -42.91% | -25.30% |
| May 28, 2024 | Ananda Baruah | Loop Capital Markets | $185.00 | $160.18 | 15.50% | 42.47% |
The latest Dell stock forecast, released on Sep 16, 2024 by Vijay Rakesh from Mizuho Securities, set a price target of $135.00, which represents a 16.98% increase from the stock price at the time of the forecast ($115.40), and a 3.97% increase from DELL last price ($129.85).
Dell Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 7 | 14 |
| Avg Price Target | - | $142.86 | $139.29 |
| Last Closing Price | $129.85 | $129.85 | $129.85 |
| Upside/Downside | -100.00% | 10.02% | 7.27% |
In the current month, the average price target of Dell stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Dell's last price of $129.85. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 15, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 10, 2024 | Susquehanna | - | Neutral | Initialise |
| Sep 09, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 30, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 30, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 30, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 30, 2024 | Fox Advisors | - | Outperform | Upgrade |
| Aug 30, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 29, 2024 | Citigroup | Overweight | Overweight | Hold |
| Aug 29, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
Dell's last stock rating was published by Evercore ISI on Oct 15, 2024. The company gave DELL a "Outperform" rating, the same as its previous rate.
Dell Financial Forecast
Dell Revenue Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $22.32B | $22.25B | $22.93B | $20.92B | $25.04B | - | - | - | - | - | - | - | - | - | - | $21.90B | - | $22.84B |
| Avg Forecast | $28.52B | $27.58B | $27.24B | $24.88B | $27.75B | $26.68B | $25.78B | $24.33B | $25.52B | $24.69B | $24.14B | $21.66B | $22.17B | $23.01B | $20.86B | $20.27B | $23.42B | $24.37B | $26.50B | $25.03B | $27.50B | $27.37B | $25.57B | $23.40B | $24.49B | $21.88B | $22.48B | $20.75B | $23.95B | $23.03B |
| High Forecast | $29.10B | $28.14B | $27.79B | $25.38B | $28.31B | $27.21B | $26.30B | $24.82B | $25.73B | $24.78B | $24.20B | $21.68B | $22.17B | $23.07B | $21.28B | $20.68B | $23.89B | $24.84B | $27.01B | $25.51B | $28.04B | $27.90B | $26.06B | $23.86B | $24.96B | $22.31B | $22.91B | $21.15B | $24.41B | $23.48B |
| Low Forecast | $28.13B | $27.20B | $26.86B | $24.53B | $27.37B | $26.31B | $25.42B | $23.99B | $25.36B | $24.60B | $24.08B | $21.65B | $22.17B | $22.90B | $20.57B | $19.99B | $23.10B | $24.09B | $26.18B | $24.73B | $27.18B | $27.05B | $25.27B | $23.13B | $24.20B | $21.63B | $22.21B | $20.50B | $23.66B | $22.76B |
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 3 | 3 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 4 | 16 | 9 | 9 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.97% | 1.10% | 1.03% | 1.07% | - | - | - | - | - | - | - | - | - | - | 1.06% | - | 0.99% |
Dell's average Quarter revenue forecast for May 24 based on 3 analysts is $21.66B, with a low forecast of $21.65B, and a high forecast of $21.68B. DELL's average Quarter revenue forecast represents a -2.93% decrease compared to the company's last Quarter revenue of $22.32B (Feb 24).
Dell EBITDA Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 3 | 3 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 4 | 16 | 9 | 9 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.49B | $1.49B | $1.17B | $1.07B | $1.19B | - | - | - | - | - | - | - | - | - | - | $773.00M | - | $976.00M |
| Avg Forecast | $2.89B | $2.80B | $2.76B | $2.52B | $2.81B | $2.71B | $2.61B | $2.47B | $2.59B | $2.50B | $2.45B | $1.08B | $2.25B | $2.33B | $2.12B | $985.02M | $6.49B | $2.47B | $2.69B | $895.48M | $2.79B | $2.78B | $2.59B | $2.53B | $2.48B | $2.22B | $2.28B | $2.27B | $2.43B | $2.34B |
| High Forecast | $2.95B | $2.85B | $2.82B | $2.57B | $2.87B | $2.76B | $2.67B | $2.52B | $2.61B | $2.51B | $2.45B | $1.30B | $2.25B | $2.34B | $2.16B | $1.18B | $7.79B | $2.52B | $2.74B | $1.07B | $2.84B | $2.83B | $2.64B | $3.03B | $2.53B | $2.26B | $2.32B | $2.72B | $2.48B | $2.38B |
| Low Forecast | $2.85B | $2.76B | $2.72B | $2.49B | $2.77B | $2.67B | $2.58B | $2.43B | $2.57B | $2.49B | $2.44B | $866.82M | $2.25B | $2.32B | $2.09B | $788.02M | $5.19B | $2.44B | $2.66B | $716.38M | $2.76B | $2.74B | $2.56B | $2.02B | $2.45B | $2.19B | $2.25B | $1.82B | $2.40B | $2.31B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 0.64% | 0.55% | 1.09% | 0.18% | - | - | - | - | - | - | - | - | - | - | 0.34% | - | 0.42% |
3 analysts predict DELL's average Quarter EBITDA for May 24 to be $1.08B, with a high of $1.30B and a low of $866.82M. This is -27.43% lower than Dell's previous annual EBITDA (Feb 24) of $1.49B.
Dell Net Income Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 3 | 3 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 4 | 16 | 9 | 9 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.16B | $1.01B | $462.00M | $583.00M | $614.00M | - | - | - | - | - | - | - | - | - | - | $143.00M | - | $499.00M |
| Avg Forecast | $2.24B | $1.94B | $1.82B | $1.38B | $2.03B | $1.75B | $1.61B | $1.37B | $1.91B | $1.50B | $1.23B | $2.71M | $1.25B | $1.06B | $824.08M | $2.46M | $3.86B | $1.16B | $1.19B | $2.24M | $1.41B | $1.67B | $1.47B | $905.92M | $1.57B | $1.02B | $998.32M | $412.04M | $1.45B | $1.15B |
| High Forecast | $2.30B | $1.99B | $1.87B | $1.42B | $2.09B | $1.79B | $1.65B | $1.40B | $1.95B | $1.50B | $1.24B | $3.25M | $1.25B | $1.07B | $843.65M | $2.95M | $4.63B | $1.19B | $1.22B | $2.68M | $1.43B | $1.71B | $1.51B | $1.09B | $1.61B | $1.05B | $1.02B | $494.45M | $1.49B | $1.18B |
| Low Forecast | $2.20B | $1.90B | $1.79B | $1.36B | $2.00B | $1.72B | $1.58B | $1.34B | $1.82B | $1.49B | $1.22B | $2.16M | $1.25B | $1.05B | $804.51M | $1.97M | $3.09B | $1.14B | $1.17B | $1.79M | $1.39B | $1.64B | $1.45B | $724.73M | $1.55B | $1.00B | $982.97M | $329.63M | $1.43B | $1.13B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.95% | 0.56% | 237.04% | 0.16% | - | - | - | - | - | - | - | - | - | - | 0.35% | - | 0.43% |
Dell's average Quarter net income forecast for May 24 is $2.71M, with a range of $2.16M to $3.25M. DELL's average Quarter net income forecast represents a -99.77% decrease compared to the company's last Quarter net income of $1.16B (Feb 24).
Dell SG&A Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 3 | 3 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 4 | 16 | 9 | 9 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $3.11B | $2.97B | $3.52B | $3.26B | $3.77B | - | - | - | - | - | - | - | - | - | - | $4.89B | - | $5.03B |
| Avg Forecast | $4.43B | $4.28B | $4.23B | $3.86B | $4.31B | $4.14B | $4.00B | $3.78B | $3.96B | $3.83B | $3.75B | $-1.01B | $3.44B | $3.57B | $3.24B | $-913.70M | $5.31B | $3.79B | $4.11B | $-830.64M | $4.27B | $4.25B | $3.97B | $3.38B | $3.80B | $3.40B | $3.49B | $5.70B | $3.72B | $3.58B |
| High Forecast | $4.52B | $4.37B | $4.31B | $3.94B | $4.40B | $4.23B | $4.08B | $3.85B | $4.00B | $3.85B | $3.76B | $-804.06M | $3.44B | $3.58B | $3.30B | $-730.96M | $6.38B | $3.86B | $4.19B | $-664.51M | $4.35B | $4.33B | $4.05B | $4.06B | $3.88B | $3.46B | $3.56B | $6.84B | $3.79B | $3.65B |
| Low Forecast | $4.37B | $4.22B | $4.17B | $3.81B | $4.25B | $4.08B | $3.95B | $3.73B | $3.94B | $3.82B | $3.74B | $-1.21B | $3.44B | $3.56B | $3.19B | $-1.10B | $4.25B | $3.74B | $4.07B | $-996.76M | $4.22B | $4.20B | $3.92B | $2.70B | $3.76B | $3.36B | $3.45B | $4.56B | $3.67B | $3.53B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.83% | 1.09% | -3.57% | 0.71% | - | - | - | - | - | - | - | - | - | - | 0.86% | - | 1.41% |
Dell's average Quarter SG&A projection for May 24 is $-1.01B, based on 3 Wall Street analysts, with a range of $-1.21B to $-804.06M. The forecast indicates a -132.33% fall compared to DELL last annual SG&A of $3.11B (Feb 24).
Dell EPS Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 3 | 3 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 4 | 16 | 9 | 9 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.39 | $0.64 | $0.81 | $0.84 | - | - | - | - | - | - | - | - | - | - | $0.19 | - | $0.69 |
| Avg Forecast | $3.10 | $2.68 | $2.51 | $1.91 | $2.81 | $2.41 | $2.22 | $1.89 | $2.64 | $2.07 | $1.70 | $1.26 | $1.73 | $1.46 | $1.14 | $0.86 | $1.64 | $1.60 | $1.64 | $1.39 | $1.95 | $2.30 | $2.03 | $1.60 | $2.17 | $1.41 | $1.38 | $0.97 | $2.01 | $1.59 |
| High Forecast | $3.18 | $2.75 | $2.58 | $1.96 | $2.88 | $2.48 | $2.28 | $1.94 | $2.69 | $2.08 | $1.72 | $1.26 | $1.73 | $1.48 | $1.17 | $0.88 | $1.68 | $1.64 | $1.68 | $1.41 | $1.97 | $2.36 | $2.08 | $1.64 | $2.23 | $1.44 | $1.41 | $0.99 | $2.06 | $1.63 |
| Low Forecast | $3.04 | $2.63 | $2.47 | $1.88 | $2.76 | $2.37 | $2.18 | $1.86 | $2.52 | $2.06 | $1.69 | $1.25 | $1.72 | $1.44 | $1.11 | $0.84 | $1.61 | $1.58 | $1.61 | $1.38 | $1.92 | $2.27 | $2.00 | $1.58 | $2.14 | $1.39 | $1.36 | $0.95 | $1.97 | $1.56 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.56% | 0.95% | 0.51% | - | - | - | - | - | - | - | - | - | - | 0.20% | - | 0.44% |
According to 3 Wall Street analysts, Dell's projected average Quarter EPS for Feb 24 is $1.73, with a low estimate of $1.72 and a high estimate of $1.73. This represents a 24.13% increase compared to DELL previous annual EPS of $1.39 (Nov 23).
Dell Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SMCI | Super Micro Computer | $26.03 | $625.73 | 2303.88% | Buy |
| QBTS | D-Wave Quantum | $1.00 | $2.75 | 175.00% | Buy |
| DDD | 3D Systems | $3.34 | $7.25 | 117.07% | Buy |
| SSYS | Stratasys | $7.13 | $12.25 | 71.81% | Buy |
| CRCT | Cricut | $6.37 | $9.50 | 49.14% | Sell |
| PSTG | Pure Storage | $49.72 | $61.89 | 24.48% | Buy |
| WDC | Western Digital | $65.22 | $78.17 | 19.86% | Buy |
| STX | Seagate Technology | $99.89 | $113.84 | 13.97% | Buy |
| DM | Desktop Metal | $4.92 | $5.25 | 6.71% | Hold |
| NTAP | NetApp | $115.45 | $110.56 | -4.24% | Buy |
| HPQ | HP | $35.99 | $33.55 | -6.78% | Hold |
| DELL | Dell | $129.85 | $114.09 | -12.14% | Buy |
| IONQ | IonQ | $14.37 | $12.00 | -16.49% | Buy |
| ANET | Arista Networks | $394.88 | $235.35 | -40.40% | Buy |
DELL Forecast FAQ
Is Dell a good buy?
Yes, according to 18 Wall Street analysts, Dell (DELL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 83.33% of DELL's total ratings.
What is DELL's price target?
Dell (DELL) average price target is $114.09 with a range of $47.5 to $185, implying a -12.14% from its last price of $129.85. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Dell stock go up soon?
According to Wall Street analysts' prediction for DELL stock, the company can go down by -12.14% (from the last price of $129.85 to the average price target of $114.09), up by 42.47% based on the highest stock price target, and down by -63.42% based on the lowest stock price target.
Can Dell stock reach $200?
DELL's average twelve months analyst stock price target of $114.09 does not support the claim that Dell can reach $200 in the near future.
What are Dell's analysts' financial forecasts?
Dell's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $104.54B (high $106.64B, low $103.08B), average EBITDA is $10.6B (high $10.81B, low $10.45B), average net income is $6.75B (high $6.93B, low $6.63B), average SG&A $16.23B (high $16.56B, low $16.01B), and average EPS is $9.33 (high $9.57, low $9.16). DELL's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $108.22B (high $110.4B, low $106.72B), average EBITDA is $10.97B (high $11.19B, low $10.82B), average net income is $7.38B (high $7.57B, low $7.25B), average SG&A $16.81B (high $17.14B, low $16.57B), and average EPS is $10.2 (high $10.46, low $10.01).
Did the DELL's actual financial results beat the analysts' financial forecasts?
Based on Dell's last annual report (Feb 2024), the company's revenue was $88.42B, beating the average analysts forecast of $86.3B by 2.46%. Apple's EBITDA was $5.23B, missing the average prediction of $7.68B by -31.95%. The company's net income was $3.21B, beating the average estimation of $3.14B by 2.40%. Apple's SG&A was $12.86B, beating the average forecast of $9.34B by 37.65%. Lastly, the company's EPS was $4.34, missing the average prediction of $5.18 by -16.27%. In terms of the last quarterly report (Feb 2024), Dell's revenue was $22.32B, beating the average analysts' forecast of $22.17B by 0.68%. The company's EBITDA was $1.49B, missing the average prediction of $2.25B by -33.58%. Dell's net income was $1.16B, missing the average estimation of $1.25B by -7.14%. The company's SG&A was $3.11B, missing the average forecast of $3.44B by -9.68%. Lastly, the company's EPS was $0, missing the average prediction of $1.73 by -100.00%