Dell Technologies Inc (DELL) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Dell Technologies Inc stock $196, price $317, that is 38.2% below the price, quality 67 out of 100. Rating: strongly overvalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
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Dell Technologies Inc
DELL · USOur calculation puts a fair price 38% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $31.13 – $588.40 · fair‑value band $131.46 – $257.74 · the $316.91 price screens above the $195.72 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Company profile
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.
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The company operates through Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) segments.
The ISG segment provides modern and traditional storage solutions, including all-flash, purpose-built, hyper-converged infrastructure, software-defined storage, and general-purpose and AI-optimized servers.
This segment also offers networking products and services comprising wide area network infrastructure, data center and edge networking switches, and cables and optics that help its business customers to transform and modernize their infrastructure and complementing its server and storage solutions; and software, peripherals, and services, including consulting and support, and deployment.
The CSG segment provides notebooks, desktops, and workstations and branded peripherals that include displays, docking stations, keyboards, mice, webcam and audio devices, and third-party software and peripherals; and configuration, and extended warranties services.
The company is involved in originating, collecting, and servicing customer financing arrangements and offers payment and consumption solutions and services, such utility, subscription, as-a-service, leases, and loans, as well as fixed-term leases and loans.
It serves enterprises, governmental agencies and other public institutions, educational institutions, healthcare organizations, small and medium-sized businesses, and consumers. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in March 2013.
Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.
Stock analysis
Dell Technologies Inc (DELL) currently trades at $316.91, while our model-based Fair Value estimate is $195.72, 38% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $243.04 per share, and 0 of the 22 models we run sit above the $316.91 price.
Bear case: the Dividend Discount group reads lowest at $27.06, and 22 of the 22 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $131.46 (bear) to $257.74 (bull), the price of $316.91 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Dell Technologies Inc reported revenue of $114B in FY2026 versus $101B in FY2022, a compound +2.9%/yr. Reported net income was $5.9B in FY2026, compounding +1.6%/yr from FY2022.
Key figures
Market cap $287B Mega · P/E ratio 26.3 · P/S ratio 1.90 · EPS (TTM) $17.20 · Dividend yield 0.7% · Net margin 7.5% · Return on equity 44.3% · Return on assets (EBIT) 6.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (medium confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 46% below its 52-week high and 187% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 14% fair-value upside, at −38%, DELL screens richer than that median.
Fair Value models
All 22 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 21 officers or directors sold shares worth $2.5B and none bought.
- SaleLynn Vojvodich RadakovichDirector5× since Jun 22, 2026: 20,110 shares, avg. $440.43$8.9MOct 22, 202610b5-1 plan
- SaleSilver Lake Technology Investors IV, L.P.Director, 10% owner9× since Mar 2, 2026: 233,798 shares, avg. $165.81$38.8MOct 9, 2026
- SaleSilver Lake Partners IV, L.P.Director, 10% owner7× since Jun 2, 2026: 581,217 shares, avg. $481.88$280.1MOct 9, 2026
- SaleSL SPV-2, L.P.Director, 10% owner7× since Jun 4, 2026: 317,598 shares, avg. $511.28$162.4MOct 9, 2026
- SaleSilver Lake Partners V DE (AIV), L.P.Director, 10% owner7× since Mar 18, 2026: 659,277 shares, avg. $225.87$148.9MOct 9, 2026
- SaleSilver Lake Technology Investors V, L.P.Director, 10% owner10× since Mar 2, 2026: 1,040,141 shares, avg. $156.31$162.6MOct 9, 2026
- SaleEgon DurbanDirector32× since Dec 9, 2025: 999,505 shares, avg. $328.13$328.0MSep 23, 2026
- SaleSilver Lake Technology Associates IV, L.P.Director, 10% owner16× since Mar 4, 2026: 1,935,902 shares, avg. $222.23$430.2MSep 21, 2026
- SaleSLTA SPV-2, L.P.Director, 10% owner4× since Jun 8, 2026: 281,074 shares, avg. $435.09$122.3MSep 17, 2026
- SaleSLTA V (GP), L.L.C.Director, 10% owner12× since Mar 18, 2026: 183,524 shares, avg. $416.90$76.5MSep 17, 2026
Plus 14 more entries from the last 12 months.
Plus 159 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 5, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
DELL screens overvalued: fair value 38% below the price. Compare with Arista Networks, Inc →
Recent news
- Dell Technologies (DELL) Stock Drops Despite Market Gains: Important Facts to Note
- AI Server Backlog Could Reshape The Dell Stock Story
Compare Dell Technologies Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Computer Hardware · 212 stocks
Valuation Multiplesvs Computer Hardware median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
Context: sector, industry, market
- Is the Information Technology sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Net margin by industry
- P/B ratio by industry
- Stock screener with 62 metrics
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Computer Hardware stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Sandisk Corporation SNDK | $806.43 | $2,256 | +180% | vs DELL |
| HP Inc HPQ | $29.44 | $52.85 | +80% | vs DELL |
| Lenovo Group 0992 | HK$19.41 | HK$33.70 | +74% | vs DELL |
| Hangzhou Hikvision Digital Technology Co 002415 | ¥35.25 | ¥46.76 | +33% | vs DELL |
| Wistron Corporation 3231 | 160.00 TWD | 181.98 TWD | +14% | vs DELL |
| Arista Networks, Inc ANET | $159.16 | $160.68 | +1% | vs DELL |
| Western Digital Corporation WDC | $267.63 | $175.91 | −34% | vs DELL |
| Everpure, Inc P | $93.44 | $57.04 | −39% | vs DELL |
| Wiwynn Corporation 6669 | 1,555 TWD | 857.07 TWD | −45% | vs DELL |
| Seagate Technology Holdings STX | $466.53 | $208.25 | −55% | vs DELL |
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Key figures of Dell Technologies Inc
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