Equity Profile

DELL

Dell Technologies Inc.

Information TechnologyTechnology Hardware, Storage & Peripherals$251.7B

Sep3Thu

Pre-Earnings Brief

UpcomingQ2-2027After Close5:00 PM EDT

Company Snapshot

Dell Technologies Inc. is a leading provider of technology hardware, storage, and peripherals, operating in the Information Technology sector....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of a company's profitability and financial health, which investors closely watch.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and capture market share, especially in a competitive environment.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DELL Q2-2027 Earnings Preview

Context

Company Snapshot

Dell Technologies Inc. is a leading provider of technology hardware, storage, and peripherals, operating in the Information Technology sector. With a market cap of $252 billion, Dell plays a crucial role in the tech landscape, particularly as businesses increasingly rely on cloud computing and data storage solutions.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+24.99%

Avg Stock Reaction

-0.87%

Last Quarter Recap

In the last quarter, Dell reported an impressive EPS of $4.86, significantly beating estimates by 74%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for Dell's upcoming earnings are mixed, given the strong EPS performance in the last quarter but uncertainty around revenue. Investors will be keen to see if this trend continues.

Bull Case

The bullish perspective hinges on Dell's ability to maintain strong EPS growth and potentially improve revenue figures, indicating robust demand for its products.

Bear Case

On the flip side, if revenue does not meet expectations or if margins shrink, it could signal underlying issues in the business, leading to a negative market reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the revenue growth rate be this quarter?

Revenue growth is critical for assessing Dell's market position and demand for its products, especially after the strong EPS last quarter.

How will gross margins be impacted by current market conditions?

Understanding gross margins will provide insight into Dell's cost management and pricing strategy amid rising competition.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for Dell to leverage its strong hardware sales into increased service revenues, which could drive overall growth.

Supporting Evidence

Dell's recent EPS surprise indicates strong operational efficiency that may not be fully reflected in revenue expectations.

The options market is pricing a significant move, suggesting that traders anticipate more volatility than the consensus may indicate.

Key Risk

If revenue growth comes in below expectations, it could undermine the positive narrative around Dell's recent performance.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be pivotal in determining whether Dell can sustain its recent earnings momentum or if it faces headwinds.

Bull Confirmed If

Revenue growth exceeding 10% YoY would confirm the bull case and indicate strong demand.

Bear Confirmed If

A revenue decline or stagnation would confirm the bear case and raise concerns about market competitiveness.

Pre-Earnings Positioning

Options Market

Implied Move

±10.52%

Historical Avg

±2.1%

Pricing rich

The options market is pricing in a significant move of about 10.5%, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±10.5% while DELL has averaged ±2.1% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.7%

30d HV

105.5%

Calls (4.2M)P/C Ratio: 0.94Puts (3.5M)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$322.4M

1,816,832 sh

4 insiders

Net

$322.4M

Net selling

Most Active Insiders· 54 open-market trades

Insider

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Dell beats expectations and raises guidance, history suggests a positive market reaction, potentially leading to a move of around +3.84%.

In-Line / Cautious

If results are in line with expectations but cautious commentary is provided, the stock may experience a muted response.

Miss

Should Dell miss on revenue or margins, history suggests a potential decline of around -0.87%, reflecting investor disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·2 sells

Members

Senate only

Est. Notional

$30,002.00–$100,000.00

disclosed dollar ranges

Most Active Members

R-OKMarkwayne MullinSen.
2

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth rates and specific product performance.
2Insights into gross margin trends and cost management strategies.
3Comments on market demand and competitive positioning.
4Updates on any new product launches or technological advancements.
5Management's outlook on future quarters and guidance adjustments.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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More Earnings This Week

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NIO Inc.

Company Snapshot

Dell Technologies Inc. is a leading provider of technology hardware, storage, and peripherals, operating in the Information Technology sector....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of a company's profitability and financial health, which investors closely watch.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and capture market share, especially in a competitive environment.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DELL Q2-2027 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+24.99%

Avg Stock Reaction

-0.87%

Last Quarter Recap

In the last quarter, Dell reported an impressive EPS of $4.86, significantly beating estimates by 74%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

The bullish perspective hinges on Dell's ability to maintain strong EPS growth and potentially improve revenue figures, indicating robust demand for its products.

Bear Case

On the flip side, if revenue does not meet expectations or if margins shrink, it could signal underlying issues in the business, leading to a negative market reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the revenue growth rate be this quarter?

Revenue growth is critical for assessing Dell's market position and demand for its products, especially after the strong EPS last quarter.

How will gross margins be impacted by current market conditions?

Understanding gross margins will provide insight into Dell's cost management and pricing strategy amid rising competition.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for Dell to leverage its strong hardware sales into increased service revenues, which could drive overall growth.

Supporting Evidence

Dell's recent EPS surprise indicates strong operational efficiency that may not be fully reflected in revenue expectations.

The options market is pricing a significant move, suggesting that traders anticipate more volatility than the consensus may indicate.

Key Risk

If revenue growth comes in below expectations, it could undermine the positive narrative around Dell's recent performance.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be pivotal in determining whether Dell can sustain its recent earnings momentum or if it faces headwinds.

Bull Confirmed If

Revenue growth exceeding 10% YoY would confirm the bull case and indicate strong demand.

Bear Confirmed If

A revenue decline or stagnation would confirm the bear case and raise concerns about market competitiveness.

Pre-Earnings Positioning

Options Market

Implied Move

±10.52%

Historical Avg

±2.1%

Pricing rich

The options market is pricing in a significant move of about 10.5%, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±10.5% while DELL has averaged ±2.1% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.7%

30d HV

105.5%

Calls (4.2M)P/C Ratio: 0.94Puts (3.5M)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$322.4M

1,816,832 sh

4 insiders

Net

$322.4M

Net selling

Most Active Insiders· 54 open-market trades

Insider

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Dell beats expectations and raises guidance, history suggests a positive market reaction, potentially leading to a move of around +3.84%.

In-Line / Cautious

If results are in line with expectations but cautious commentary is provided, the stock may experience a muted response.

Miss

Should Dell miss on revenue or margins, history suggests a potential decline of around -0.87%, reflecting investor disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·2 sells

Members

Senate only

Est. Notional

$30,002.00–$100,000.00

disclosed dollar ranges

Most Active Members

R-OKMarkwayne MullinSen.
2

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth rates and specific product performance.
2Insights into gross margin trends and cost management strategies.
3Comments on market demand and competitive positioning.
4Updates on any new product launches or technological advancements.
5Management's outlook on future quarters and guidance adjustments.