Dell Technologies shares are trading at a forward 12-month price-to-earnings ratio of 21.92 times, above the Zacks Computer and Technology sector average of 21.59 times and higher than peers Super Micro Computer at 9.22 times, Hewlett Packard Enterprise at 14.07 times, and HP at 10.14 times. The stock has returned 263.7 percent year to date, outperforming the sector and those competitors, and is trading above its 50- and 200-day moving averages. Dell's AI-optimized server revenue reached 16.1 billion dollars in the first quarter of fiscal 2027, up 757 percent year over year, with orders of 24.4 billion dollars and an ending backlog of 51.3 billion dollars. The company raised its fiscal 2027 AI server revenue guidance to 60 billion dollars and expects total revenues between 165 billion and 169 billion dollars, with non-GAAP earnings of 17.90 dollars per share. The Zacks Consensus Estimate for second-quarter fiscal 2027 earnings is 4.89 dollars per share, indicating 110.78 percent growth from the year-ago quarter, and the stock carries a Zacks Rank of 2, or Buy, with a Growth Score of A.
