Dell Technologies (DELL, Financial) has announced its revenue projection for the second quarter, forecasting figures between $28.5 billion and $29.5 billion. This projection significantly surpasses the market analysts' consensus estimate of $25.26 billion. The company's positive outlook underscores its confidence in achieving robust financial performance in the upcoming period.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Dell Technologies Inc (DELL, Financial) is $129.92 with a high estimate of $156.00 and a low estimate of $95.00. The average target implies an upside of 14.33% from the current price of $113.63. More detailed estimate data can be found on the Dell Technologies Inc (DELL) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Dell Technologies Inc's (DELL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dell Technologies Inc (DELL, Financial) in one year is $76.84, suggesting a downside of 32.38% from the current price of $113.63. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dell Technologies Inc (DELL) Summary page.
