Dell Technologies Inc. (DELL) Stock Analysis — Fair Value, Risk & Moat Rating
NYQ · Technology · Computer Hardware
Is Dell Technologies Inc. a safe investment right now?
Dell Technologies Inc.'s Altman Z-Score of 2.19 places it in the gray zone. Our fair value estimate is $217.56 (Watch Zone). Moat rating: 3.4/5 stars.
Could Dell Technologies Inc. go bankrupt? Altman Z-Score analysis
Z-Score of 2.19 places the company in the gray zone (1.8-3.0), warranting closer scrutiny.
- Below 1.8 — Distress Zone (high bankruptcy risk)
- 1.8 to 3.0 — Gray Zone (elevated uncertainty)
- Above 3.0 — Safe Zone (financially healthy)
What drives DELL's Z-Score?
| Component | Formula | Value | Weight | Contribution |
|---|---|---|---|---|
| A · Working Capital / Total Assets | WC / TA | -0.056 | 1.2 | -0.07 |
| B · Retained Earnings / Total Assets | RE / TA | 0.0328 | 1.4 | 0.05 |
| C · EBIT / Total Assets | EBIT / TA | 0.0871 | 3.3 | 0.29 |
| D · Market Cap / Total Liabilities | MCap / TL | 1.3451 | 0.6 | 0.81 |
| E · Revenue / Total Assets | Rev / TA | 1.121 | 1.0 | 1.12 |
How has DELL's financial health changed over time?
| Year | Z-Score | Zone |
|---|---|---|
| 2023 | 1.98 | Gray |
| 2024 | 2.04 | Gray |
| 2025 | 2.32 | Gray |
| 2026 | 2.19 | Gray |
Source: Calculated from DELL's latest 10-K filing on SEC EDGAR.
What is Dell Technologies Inc. actually worth?
How we calculated this
| Input | Value | Source |
|---|---|---|
| Predicted EPS (α) | $10.36 | Proprietary blend of reported actuals + analyst consensus, weighted by α |
| Last Year EPS | $8.68 | Annual report (SEC EDGAR) |
| Analyst Consensus EPS (This Year) | $12.89 | 23 analysts consensus |
| Trailing P/E | 24.8x | Current market pricing |
| Fair P/E (β discount) | 21.0x | Trailing PE adjusted by value discount factor β, hard-capped |
| Earnings Trend (γ) | Accelerating | Directional signal: predicted vs trailing EPS |
Wall Street Reference: Analyst consensus target price is $180.52 (23 analysts). This is shown for reference only and is not used in our valuation model.
Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.
Does Dell Technologies Inc. have a durable competitive advantage?
Moat rating: 3.4/5.
What makes up DELL's moat score?
ROIC Stability
ROIC variability over the past decade. Score: 4/5.
Gross Margin Trend
Gross margin trajectory over the past decade. Score: 3/5.
Switching Costs
Estimated customer lock-in based on margin level. Score: 3/5.
How stable is DELL's return on invested capital?
| Year | ROIC | Trend |
|---|---|---|
| 2023 | 17.0% | — |
| 2024 | 23.5% | Rising |
| 2025 | 28.0% | Rising |
| 2026 | 30.4% | Rising |
Source: ROIC calculated from SEC EDGAR filings.
Is Dell Technologies Inc.'s dividend safe?
Can Dell Technologies Inc. afford its dividend?
Payout ratio is 24.2%. FCF covers the dividend 0.6x. 5 consecutive years of payments.
Dell Technologies Inc.'s key financial metrics
| Metric | Latest | 1Y Ago | 3Y Ago | Trend |
|---|---|---|---|---|
| Revenue | $113.5B | $95.6B | $102.3B | Rising |
| Net Income | $5.9B | $4.6B | $2.4B | Rising |
| Free Cash Flow | $8.6B | $1.9B | $0.6B | Rising |
| Gross Margin | 20.0% | 22.2% | 22.2% | Declining |
Recent events that affect our DELL analysis
DELL earnings report scheduled
Upcoming report. Consensus EPS estimate: $2.94. Revenue estimate: $35.61B. Our current Fair Value: $217.56 — a significant beat or miss could shift this estimate.
DELL analyst consensus: 70% bullish (19 of 27 analysts)
5 Strong Buy, 14 Buy, 6 Hold, 1 Sell, 1 Strong Sell. Consensus target: $180.52 (15.9% downside). Compare with our independent Fair Value: $217.56.
DELL paid $0.6300/share dividend
Dividend Safety Grade: B. Payout ratio: 24.2%.
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
DELL beat EPS estimates by 10.7%
Reported EPS: $3.89 vs estimate $3.51. Earnings strength supports our Fair Value of $217.56 (1.4% above current price).
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL paid $0.5250/share dividend
Dividend Safety Grade: B. Payout ratio: 24.2%.
DELL filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
DELL beat EPS estimates by 4.5%
Reported EPS: $2.59 vs estimate $2.48. Earnings strength supports our Fair Value of $217.56 (1.4% above current price).
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL paid $0.5250/share dividend
Dividend Safety Grade: B. Payout ratio: 24.2%.
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
DELL beat EPS estimates by 1.2%
Reported EPS: $2.32 vs estimate $2.29. Earnings strength supports our Fair Value of $217.56 (1.4% above current price).
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL paid $0.5250/share dividend
Dividend Safety Grade: B. Payout ratio: 24.2%.
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
DELL missed EPS estimates by 8.4%
Reported EPS: $1.55 vs estimate $1.69. Our Fair Value of $217.56 may face downward pressure if the trend continues.
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL paid $0.5250/share dividend
Dividend Safety Grade: B. Payout ratio: 24.2%.
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
DELL beat EPS estimates by 6.4%
Reported EPS: $2.68 vs estimate $2.52. Earnings strength supports our Fair Value of $217.56 (1.4% above current price).
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
DELL paid $0.4450/share dividend
Dividend Safety Grade: B. Payout ratio: 24.2%.
DELL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
Common questions about Dell Technologies Inc.
What is Dell Technologies Inc. stock price today?
Dell Technologies Inc. (DELL) stock price is $214.65 as of the latest market close, traded on the NYSE exchange.
What does Dell Technologies Inc. do?
Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. It operates through Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) segments.
What is Dell Technologies Inc. market cap?
Dell Technologies Inc. has a market capitalization of $139.56B, classifying it as a large-cap stock in the Technology sector.
What sector and industry is DELL in?
Dell Technologies Inc. operates in the Technology sector, specifically within the Computer Hardware industry. It trades on the NYSE under the ticker symbol DELL.
Is DELL stock overvalued or undervalued?
Based on our valuation model, Dell Technologies Inc. trades 1.3% below our fair value estimate — potentially undervalued.
- FairValueLabs Fair Value: $217.56
- Current Price: $214.65
- Valuation Zone: Watch Zone
What is DELL stock forecast and analyst target price?
Based on 23 Wall Street analysts, the consensus price target for Dell Technologies Inc. is $180.52, implying downside of 15.9% from the current price.
- Analyst High Target: $245.00
- Analyst Low Target: $110.00
Note: Analyst targets are shown for reference and are not used in our valuation model.
Is Dell Technologies Inc. revenue and earnings growing?
Here are the analyst consensus growth estimates for Dell Technologies Inc.:
- Revenue growth (current year est.): 25.1%
- EPS growth (current year est.): 25.1%
- Revenue growth (next year est.): 7.0%
- EPS growth (next year est.): 13.8%
What are Dell Technologies Inc.'s key financial metrics?
| Metric | Latest | Trend |
|---|---|---|
| Revenue | $113.5B | Rising |
| Net Income | $5.9B | Rising |
| Free Cash Flow | $8.6B | Rising |
| Gross Margin | 20.0% | Declining |
What is DELL's P/E ratio?
The price-to-earnings ratio measures how much investors pay per dollar of earnings:
- Trailing P/E (last 12 months): 24.8x
- Forward P/E (next 12 months est.): 14.6x
- FairValueLabs Fair P/E: 21.0x
How volatile is DELL stock?
Dell Technologies Inc. has a beta of 0.95, meaning it is roughly in line with overall market volatility. A beta above 1.0 indicates higher price swings relative to the S&P 500, while below 1.0 suggests more stability.
How much cash and debt does Dell Technologies Inc. have?
Dell Technologies Inc.'s balance sheet shows:
- Total Cash: $11.53B
- Total Debt: $32.26B
- Net Cash Position: $-20.73B
A positive net cash position means the company holds more cash than debt, reducing financial risk.
What is Dell Technologies Inc.'s free cash flow?
Dell Technologies Inc. generated $6.61B in trailing twelve-month free cash flow (from $11.19B in operating cash flow). Free cash flow represents the cash available for dividends, buybacks, and debt reduction after all capital expenditures.
Does Dell Technologies Inc. pay a dividend, and is it safe?
Yes, Dell Technologies Inc. pays a regular dividend. Here are the key metrics:
- Dividend Yield: 1.0%
- Payout Ratio: 24.2%
- Consecutive Years Paid: 5
- 5-Year Dividend Growth: 0.0%
- FairValueLabs Safety Grade: B
Is Dell Technologies Inc. at risk of going bankrupt?
Dell Technologies Inc.'s Altman Z-Score is 2.19, placing it in the gray zone (1.8–3.0) — some financial uncertainty. The Z-Score uses five balance sheet ratios to predict bankruptcy probability within two years.
Does Dell Technologies Inc. have a durable competitive advantage?
Dell Technologies Inc. scores 3.4/5 stars (Narrow moat) in our moat analysis:
- ROIC Stability: 4/5
- Gross Margin Trend: 3/5
- Switching Costs: 3/5
A score above 3.5 suggests meaningful pricing power and a defensible market position.
How do I buy DELL stock?
DELL shares can be purchased through any brokerage account that provides access to the NYSE. Common steps:
- Open an account with a broker (e.g., Fidelity, Schwab, Interactive Brokers)
- Search for ticker symbol DELL
- Place a market or limit order for your desired number of shares
This is not investment advice. Always do your own research before buying any stock.
Is DELL a value stock or speculative?
FairValueLabs classifies Dell Technologies Inc. as Value Investment. It exhibits consistent profitability, reasonable valuation, and financial stability — characteristics of a traditional value investment.
Who is the CEO of Dell Technologies Inc.?
The current CEO of Dell Technologies Inc. is Mr. Michael Saul Dell.
What is DELL's earnings per share (EPS)?
Earnings per share measures the company's profit allocated to each outstanding share:
- Trailing EPS (last 12 months): $8.67
- Forward EPS (next 12 months est.): $14.67
- Analyst consensus EPS (this year): $12.89
- Analyst consensus EPS (next year): $14.67
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FairValueLabs Disclaimer
All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.
This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.
Last updated: Apr 22, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.
DELL analysis methodology: How we calculate fair value, Z-Scores, and moat ratings