Dell Technologies share price today

Dell Technologies Inc.'s share price was $408.40 at the close on 3 November 2026. It has been rising for 37 weeks. That is 22.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between $114 and $586, and at that close it sat 62% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Dell Technologies Inc. is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running.

Over the last 7.8 years the share price moved +1,673% while the S&P 500 moved +204%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Dell Technologies Inc. paid $2.31 per share over the last four reported quarters. The most recent declaration was $0.63 for Jul 2026. At today's price of $408.40 that is a yield of 0.57%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dell Technologies is on 2 of our US lists: S&P 500 companies and US tech stocks.

Dell Technologies Inc. earned $4.1 B of net profit in the Jul 2026 quarter, +255.1% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was $5.9 B. Over 4 years profit has grown 1.7% a year on average. That is 8.8% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned $1.2 B.

For the full year, FY26 profit was $5.9 B (+29.7% on the year before).

Why profit moved: revenue changed +57.7% on a year earlier and the margin moved +5.4 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +147.8% and revenue +48.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

Dell Technologies Inc. reported $47.0 B of revenue in the Jul 2026 quarter, +57.7% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 4 years it has grown 2.9% a year on average. The last full year, FY26, came in at $114 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $151 B.

FY26 revenue was $114 B, +18.8% on the year before.

Recent pace: the last four quarters grew +48.9% on average, against 2.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +49.0%, against +28.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +135.5%, against +64.3% a year (accelerating).

Dell Technologies Inc.'s operating margin was 12.0% in the Jul 2026 quarter, 5.4 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 4.7% and 7.7%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +5.4 percentage points on the year while gross margin changed +2.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 176% of Dell Technologies Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $11.2 B of operating cash against $5.9 B of profit. After $2.6 B of spending on assets, $8.6 B was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Dell Technologies Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $8.0 B on assets over the last 3 years. Averaged over those years that is 2.4% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $8.0 B over the last 3 years.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Dell Technologies Inc.'s P/E is 23.8×, near the high end of its own history: higher than 78% of past readings. Its usual P/E (the middle reading) is 19.2×, over 4.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +36.1% while the price moved +152.1%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +80.4% a year; about +68.4% a year came from earnings growth and about +12.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Dell Technologies Inc.'s business is giving mixed signals. Growth has been steadily positive, but there is no return figure to confirm steady growth. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Dell Technologies Inc. earned a ROE of −240% in FY26. That is up from a low of −352% in FY22. Its return on capital used (ROIC) is 18.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.2% net margin and 1.12× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY26): a 5.2% net margin × 1.12× asset turnover × −41.01× leverage (assets divided by equity) ≈ −238.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 29.4% − 11.2% = +18.2 percentage points. The 11.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 29.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 20.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Dell Technologies Inc.'s net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from −17.72 in FY22 to −13.06 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

4.2% of Dell Technologies Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 1.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

For Dell Technologies Inc., the Z-score is 2.26. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 2.26 is in the grey area, neither clearly safe nor clearly in trouble.

74.9 out of 100, rank 1 of 29 in Computer Hardware, with 81% of the evidence available.

Dell Technologies Inc. scores 74.9 out of 100 against the 29 companies it is compared with in Computer Hardware, ranking 1. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.

The four parts add up to the total exactly: 27.1 + 19.3 + 14.3 + 14.2 = 74.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Dell Technologies ranks 1 of 29 Computer Hardware companies on the 4-Factor Sector Score, with 74.9 out of 100.