Dell (DELL) Stock Forecast, Price Target & Predictions
DELL Stock Forecast
Dell stock forecast is as follows: an average price target of $70.73 (represents a -46.73% downside from DELL’s last price of $132.77) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
DELL Price Target
The average price target for Dell (DELL) is $70.73 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $141.00 to $41.00. This represents a potential -46.73% downside from DELL's last price of $132.77.
DELL Analyst Ratings
According to 13 Wall Street analysts, Dell's rating consensus is 'Buy'. The analyst rating breakdown for DELL stock is 0 'Strong Buy' (0.00%), 12 'Buy' (92.31%), 0 'Hold' (0.00%), 1 'Sell' (7.69%), 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 |
|---|---|---|---|---|---|---|
| Apr 19, 2024 | David Vogt | UBS | $141.00 | $118.37 | 19.12% | 6.20% |
| Feb 29, 2024 | Simon Leopold | Raymond James | $82.00 | $93.97 | -12.74% | -38.24% |
| Feb 29, 2024 | Ananda Baruah | Loop Capital Markets | $125.00 | $93.97 | 33.02% | -5.85% |
| Sep 01, 2023 | Erik Woodring | Morgan Stanley | $70.00 | $68.70 | 1.89% | -47.28% |
| May 02, 2023 | Erik Woodring | Morgan Stanley | $55.00 | $43.82 | 25.51% | -58.57% |
| Nov 22, 2022 | Erik Woodring | Morgan Stanley | $45.00 | $43.86 | 2.60% | -66.11% |
| Nov 22, 2022 | Jim Suva | Citigroup | $53.00 | $43.63 | 21.49% | -60.08% |
| Nov 22, 2022 | Simon Leopold | Raymond James | $50.00 | $43.63 | 14.61% | -62.34% |
| Nov 22, 2022 | Aaron Rakers | Wells Fargo | $52.00 | $43.63 | 19.20% | -60.83% |
| Nov 22, 2022 | Tim Long | Barclays | $41.00 | $43.63 | -6.02% | -69.12% |
The latest Dell stock forecast, released on Apr 19, 2024 by David Vogt from UBS, set a price target of $141.00, which represents a 19.12% increase from the stock price at the time of the forecast ($118.37), and a 6.20% increase from DELL last price ($132.77).
Dell Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 4 |
| Avg Price Target | $141.00 | $116.00 | $104.50 |
| Last Closing Price | $132.77 | $132.77 | $132.77 |
| Upside/Downside | 6.20% | -12.63% | -21.29% |
In the current month, the average price target of Dell stock is $141.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 6.20% increase as opposed to Dell's last price of $132.77. This month's average price target is up 21.55% compared to last quarter, and up 34.93% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 18, 2024 | UBS | Buy | Buy | Hold |
| Apr 08, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Mar 25, 2024 | Citigroup | Buy | Buy | Hold |
| Feb 29, 2024 | Loop Capital Markets | - | Buy | Initialise |
| Feb 29, 2024 | Raymond James | Outperform | Outperform | Hold |
| Feb 29, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Feb 29, 2024 | UBS | Buy | Buy | Hold |
| Nov 30, 2023 | Barclays | Equal-Weight | Underweight | Downgrade |
| Nov 30, 2023 | Evercore ISI | Outperform | Outperform | Hold |
| Nov 30, 2023 | Deutsche Bank | Buy | Buy | Hold |
Dell's last stock rating was published by UBS on Apr 18, 2024. The company gave DELL a "Buy" 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 | $26.50B | $25.64B | $25.45B | $24.26B | $24.81B | $24.13B | $24.15B | $22.57B | $24.58B | $23.46B | $22.96B | $21.36B | $22.16B | $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 | $27.02B | $26.14B | $25.95B | $24.73B | $25.29B | $24.60B | $24.62B | $23.02B | $25.06B | $23.93B | $23.34B | $21.71B | $22.45B | $23.07B | $21.27B | $20.67B | $23.88B | $24.85B | $27.02B | $25.52B | $28.28B | $28.14B | $26.29B | $24.06B | $25.18B | $22.50B | $23.11B | $21.33B | $24.62B | $23.68B |
| Low Forecast | $25.84B | $25.01B | $24.82B | $23.66B | $24.19B | $23.53B | $23.55B | $22.02B | $23.97B | $22.88B | $22.67B | $21.13B | $21.85B | $22.90B | $20.34B | $19.77B | $22.85B | $23.77B | $25.84B | $24.41B | $26.93B | $26.80B | $25.03B | $22.91B | $23.98B | $21.43B | $22.01B | $20.31B | $23.45B | $22.55B |
| # Analysts | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 8 | 7 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 15 | 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 8 analysts is $21.36B, with a low forecast of $21.13B, and a high forecast of $21.71B. DELL's average Quarter revenue forecast represents a -4.29% 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 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 8 | 7 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 15 | 16 | 9 | 9 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.49B | $1.49B | $1.17B | $1.07B | $1.19B | - | - | - | - | - | - | - | - | - | - | $773.00M | - | $976.00M |
| Avg Forecast | $2.06B | $1.99B | $1.98B | $1.88B | $1.93B | $1.87B | $1.88B | $1.75B | $1.91B | $1.82B | $1.78B | $1.08B | $7.14B | $2.51B | $1.66B | $985.02M | $6.49B | $2.28B | $1.31B | $1.94B | $5.90B | $2.44B | $1.82B | $2.53B | $2.02B | $1.51B | $1.75B | $2.27B | $1.86B | $1.79B |
| High Forecast | $2.10B | $2.03B | $2.02B | $1.92B | $1.97B | $1.91B | $1.91B | $1.79B | $1.95B | $1.86B | $1.81B | $1.30B | $8.57B | $3.01B | $1.99B | $1.18B | $7.79B | $2.74B | $1.58B | $1.98B | $7.08B | $2.93B | $2.18B | $3.03B | $2.43B | $1.81B | $1.80B | $2.72B | $1.91B | $1.84B |
| Low Forecast | $2.01B | $1.94B | $1.93B | $1.84B | $1.88B | $1.83B | $1.83B | $1.71B | $1.86B | $1.78B | $1.76B | $866.82M | $5.71B | $2.01B | $1.33B | $788.02M | $5.19B | $1.82B | $1.05B | $1.90B | $4.72B | $1.95B | $1.45B | $2.02B | $1.62B | $1.21B | $1.71B | $1.82B | $1.82B | $1.75B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.21% | 0.59% | 0.70% | 1.09% | 0.18% | - | - | - | - | - | - | - | - | - | - | 0.34% | - | 0.55% |
8 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 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 8 | 7 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 15 | 16 | 9 | 9 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.16B | $1.01B | $462.00M | $583.00M | $614.00M | - | - | - | - | - | - | - | - | - | - | $143.00M | - | $499.00M |
| Avg Forecast | $2.12B | $1.77B | $1.64B | $1.24B | $1.59B | $1.52B | $1.41B | $1.12B | $1.54B | $1.37B | $1.28B | $2.71M | $4.24B | $775.47M | $917.06M | $2.46M | $3.86B | $704.97M | $724.95M | $1.02B | $3.51B | $753.98M | $600.52M | $905.92M | $512.77M | $658.74M | $1.01B | $412.04M | $1.46B | $1.16B |
| High Forecast | $2.18B | $1.81B | $1.68B | $1.27B | $1.63B | $1.55B | $1.45B | $1.15B | $1.58B | $1.40B | $1.31B | $3.25M | $5.09B | $930.56M | $1.10B | $2.95M | $4.63B | $845.97M | $869.94M | $1.04B | $4.21B | $904.78M | $720.62M | $1.09B | $615.33M | $790.49M | $1.04B | $494.45M | $1.52B | $1.20B |
| Low Forecast | $2.05B | $1.71B | $1.59B | $1.20B | $1.54B | $1.47B | $1.37B | $1.08B | $1.49B | $1.32B | $1.22B | $2.16M | $3.40B | $620.38M | $733.65M | $1.97M | $3.09B | $563.98M | $579.96M | $984.43M | $2.81B | $603.18M | $480.41M | $724.73M | $410.22M | $526.99M | $978.58M | $329.63M | $1.42B | $1.13B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.27% | 1.30% | 0.50% | 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 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 8 | 7 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 15 | 16 | 9 | 9 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $3.11B | $2.97B | $3.52B | $3.26B | $3.77B | - | - | - | - | - | - | - | - | - | - | $4.89B | - | $5.03B |
| Avg Forecast | $4.07B | $3.94B | $3.91B | $3.73B | $3.81B | $3.71B | $3.71B | $3.47B | $3.78B | $3.61B | $3.53B | $-1.01B | $5.85B | $4.80B | $3.04B | $-913.70M | $5.31B | $4.36B | $2.40B | $3.84B | $4.83B | $4.67B | $3.36B | $3.38B | $2.94B | $2.99B | $3.45B | $5.70B | $3.68B | $3.54B |
| High Forecast | $4.15B | $4.02B | $3.99B | $3.80B | $3.89B | $3.78B | $3.78B | $3.54B | $3.85B | $3.68B | $3.59B | $-804.06M | $7.02B | $5.76B | $3.65B | $-730.96M | $6.38B | $5.24B | $2.88B | $3.92B | $5.80B | $5.60B | $4.03B | $4.06B | $3.53B | $3.59B | $3.55B | $6.84B | $3.78B | $3.64B |
| Low Forecast | $3.97B | $3.84B | $3.81B | $3.63B | $3.72B | $3.62B | $3.62B | $3.38B | $3.68B | $3.52B | $3.48B | $-1.21B | $4.68B | $3.84B | $2.43B | $-1.10B | $4.25B | $3.49B | $1.92B | $3.75B | $3.87B | $3.73B | $2.69B | $2.70B | $2.35B | $2.39B | $3.38B | $4.56B | $3.60B | $3.46B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.53% | 0.62% | 1.16% | -3.57% | 0.71% | - | - | - | - | - | - | - | - | - | - | 0.86% | - | 1.42% |
Dell's average Quarter SG&A projection for May 24 is $-1.01B, based on 8 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 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 8 | 7 | 7 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 3 | 3 | 15 | 16 | 9 | 9 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.39 | $0.64 | $0.81 | $0.84 | - | - | - | - | - | - | - | - | - | - | $0.19 | - | $0.69 |
| Avg Forecast | $2.91 | $2.42 | $2.25 | $1.70 | $2.18 | $2.08 | $1.94 | $1.54 | $2.11 | $1.87 | $1.75 | $1.40 | $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 | $2.98 | $2.48 | $2.30 | $1.74 | $2.23 | $2.13 | $1.98 | $1.58 | $2.16 | $1.92 | $1.80 | $1.47 | $1.76 | $1.48 | $1.17 | $0.88 | $1.68 | $1.64 | $1.68 | $1.43 | $2.02 | $2.39 | $2.11 | $1.66 | $2.25 | $1.46 | $1.43 | $1.00 | $2.08 | $1.64 |
| Low Forecast | $2.81 | $2.34 | $2.17 | $1.64 | $2.11 | $2.01 | $1.87 | $1.49 | $2.04 | $1.81 | $1.67 | $1.34 | $1.70 | $1.44 | $1.10 | $0.83 | $1.58 | $1.55 | $1.59 | $1.35 | $1.89 | $2.24 | $1.98 | $1.56 | $2.11 | $1.37 | $1.34 | $0.94 | $1.95 | $1.54 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.56% | 0.95% | 0.51% | - | - | - | - | - | - | - | - | - | - | 0.20% | - | 0.44% |
According to 7 Wall Street analysts, Dell's projected average Quarter EPS for Feb 24 is $1.73, with a low estimate of $1.70 and a high estimate of $1.76. This represents a 24.23% 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 |
|---|---|---|---|---|---|
| DM | Desktop Metal | $0.64 | $5.00 | 681.25% | Hold |
| DDD | 3D Systems | $3.70 | $14.00 | 278.38% | Hold |
| QBTS | D-Wave Quantum | $1.30 | $3.00 | 130.77% | Buy |
| CRCT | Cricut | $7.05 | $9.50 | 34.75% | Sell |
| IONQ | IonQ | $8.71 | $11.33 | 30.08% | Buy |
| SMCI | Super Micro Computer | $798.50 | $901.43 | 12.89% | Buy |
| HPQ | HP | $29.72 | $32.89 | 10.67% | Buy |
| STX | Seagate Technology | $94.01 | $101.24 | 7.69% | Buy |
| WDC | Western Digital | $71.60 | $75.67 | 5.68% | Buy |
| PSTG | Pure Storage | $54.41 | $41.56 | -23.62% | Buy |
| NTAP | NetApp | $108.50 | $78.45 | -27.70% | Hold |
| ANET | Arista Networks | $314.03 | $193.10 | -38.51% | Buy |
| DELL | Dell | $132.77 | $70.73 | -46.73% | Buy |
DELL Forecast FAQ
Is Dell a good buy?
Yes, according to 13 Wall Street analysts, Dell (DELL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 92.31% of DELL's total ratings.
What is DELL's price target?
Dell (DELL) average price target is $70.73 with a range of $41 to $141, implying a -46.73% from its last price of $132.77. The data is based on 13 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 -46.73% (from the last price of $132.77 to the average price target of $70.73), up by 6.20% based on the highest stock price target, and down by -69.12% based on the lowest stock price target.
Can Dell stock reach $200?
DELL's average twelve months analyst stock price target of $70.73 does not support the claim that Dell can reach $200 in the near future.
What is Dell's current price target trend?
1 Wall Street analyst forecast a $141 price target for Dell (DELL) this month, up 6.20% from its last price of $132.77. Compared to the last 3 and 12 months, the average price target decreased by -12.63% and decreased by -21.29%, respectively.
What are Dell's analysts' financial forecasts?
Dell's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $95.66B (high $97.54B, low $93.29B), average EBITDA is $7.43B (high $7.58B, low $7.25B), average net income is $5.64B (high $5.78B, low $5.45B), average SG&A $14.7B (high $14.99B, low $14.33B), and average EPS is $7.72 (high $7.92, low $7.48). DELL's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $101.85B (high $103.85B, low $99.33B), average EBITDA is $7.91B (high $8.07B, low $7.72B), average net income is $6.76B (high $6.94B, low $6.55B), average SG&A $15.65B (high $15.96B, low $15.26B), and average EPS is $9.27 (high $9.51, low $8.97).
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 $12.29B by -57.48%. The company's net income was $3.21B, missing the average estimation of $5.94B by -45.94%. Apple's SG&A was $12.86B, beating the average forecast of $12.77B by 0.66%. Lastly, the company's EPS was $4.34, missing the average prediction of $5.19 by -16.30%. In terms of the last quarterly report (Feb 2024), Dell's revenue was $22.32B, beating the average analysts' forecast of $22.16B by 0.70%. The company's EBITDA was $1.49B, missing the average prediction of $7.14B by -79.09%. Dell's net income was $1.16B, missing the average estimation of $4.24B by -72.67%. The company's SG&A was $3.11B, missing the average forecast of $5.85B by -46.82%. Lastly, the company's EPS was $0, missing the average prediction of $1.73 by -100.00%