Top Wall Street Forecasters Revamp Dell Price Expectations Ahead Of Q4 Earnings

Dell Technologies Inc. DELL will release its financial results for the fourth quarter, after the closing bell, on Thursday, Feb. 27, 2025.

Analysts expect the Round Rock, Texas-based company to report quarterly earnings at $2.52 per share, up from $2.2 per share in the year-ago period. Dell projects quarterly revenue of $24.57 billion, compared to $22.32 billion a year earlier, according to data from Benzinga Pro.

On Nov. 26, 2024, Dell Technologies reported worse-than-expected third-quarter sales results.

Dell shares gained 4.5% to close at $115.65 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Citigroup analyst Asiya Merchant maintained a Buy rating and cut the price target from $156 to $145 on Feb. 21, 2025. This analyst has an accuracy rate of 69%.
• B of A Securities analyst Wamsi Mohan maintained a Buy rating and cut the price target from $155 to $150 on Feb. 18, 2025. This analyst has an accuracy rate of 77%.
• Morgan Stanley analyst Erik Woodring maintained an Overweight rating and cut the price target from $154 to $128 on Feb. 13, 2025. This analyst has an accuracy rate of 63%.
• JP Morgan analyst Samik Chatterjee maintained an Overweight rating and slashed the price target from $160 to $150 on Feb. 11, 2025. This analyst has an accuracy rate of 70%.
• Deutsche Bank analyst Sidney Ho maintained a Buy rating and cut the price target from $144 to $142 on Dec. 2, 2024. This analyst has an accuracy rate of 84%.

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