DELL Stock Summary and Trading Ideas (Dell Technologies Class C Common | NYSE:DELL)

Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.

Dell Technologies Class C Common trades on the NYSE stock market under the symbol DELL.

As of November 29, 2024, DELL stock price climbed to $127.59 with 8,946,805 million shares trading.

DELL has a beta of 2.66, meaning it tends to be more sensitive to market movements. DELL has a correlation of 0.29 to the broad based SPY ETF.

DELL has a market cap of $89.62 billion. This is considered a Large Cap stock.

Last quarter Dell Technologies Class C Common reported $24 billion in Revenue and $2.15 earnings per share. This fell short of revenue expectation by $-286 million and exceeded earnings estimates by $.10.

In the last 3 years, DELL traded as high as $179.70 and as low as $32.90.

The top ETF exchange traded funds that DELL belongs to (by Net Assets): VTI, VOO, SPY, IVV, XLK.

DELL has outperformed the market in the last year with a return of +73.6%, while the SPY ETF gained +34.1%. In the last 3 month period, DELL beat the market returning +14.5%, while SPY returned +7.6%. However, in the most recent 2 weeks DELL has underperformed the stock market by returning -5.2%, while SPY returned +0.9%.

DELL support price is $120.67 and resistance is $128.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DELL shares will trade within this expected range on the day.