Dell Technologies Future Growth

Future criteria checks 4/6

Dell Technologies is forecast to grow earnings and revenue by 14.6% and 6.6% per annum respectively. EPS is expected to grow by 15.1% per annum. Return on equity is forecast to be 145.8% in 3 years.

Key information

14.6%

Earnings growth rate

15.1%

EPS growth rate

Tech earnings growth	93.3%
Revenue growth rate	6.6%
Future return on equity	145.8%
Analyst coverage	Good
Last updated	19 Dec 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BIT:1DELL - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2027	110,771	6,194	6,424	9,805	17
1/31/2026	104,084	5,198	6,146	8,949	23
1/31/2025	96,265	4,175	4,346	6,982	22
11/1/2024	93,954	4,098	2,825	5,469	N/A
8/2/2024	91,839	3,972	3,359	6,068	N/A
5/3/2024	89,747	3,588	5,291	7,942	N/A
2/2/2024	88,425	3,211	5,920	8,676	N/A
11/3/2023	91,146	2,665	7,069	9,857	N/A
8/4/2023	93,616	1,904	5,270	8,101	N/A
5/5/2023	97,107	1,953	2,597	5,611	N/A
2/3/2023	102,301	2,442	562	3,565	N/A
10/28/2022	105,254	1,800	960	3,944	N/A
7/29/2022	106,957	5,240	3,763	6,799	N/A
4/29/2022	104,723	5,360	4,939	7,800	N/A
1/28/2022	101,197	4,948	7,511	10,307	N/A
10/29/2021	91,763	5,202	10,537	13,091	N/A
7/30/2021	88,821	2,349	10,479	12,834	N/A
4/30/2021	87,363	2,766	12,293	14,441	N/A
1/29/2021	86,670	2,249	9,325	11,407	N/A
10/30/2020	92,144	2,431	6,754	9,038	N/A
7/31/2020	91,506	2,098	5,572	7,865	N/A
5/1/2020	92,143	4,466	5,394	7,813	N/A
1/31/2020	84,815	525	6,715	9,291	N/A
11/1/2019	91,963	3,909	5,883	8,149	N/A
8/2/2019	91,601	2,534	5,091	7,161	N/A
5/3/2019	91,173	-1,381	4,633	6,514	N/A
2/1/2019	90,621	-2,310	5,494	6,991	N/A
11/2/2018	88,743	-2,111	6,141	7,724	N/A
8/3/2018	85,817	-2,081	N/A	8,530	N/A
5/4/2018	82,396	-2,314	N/A	7,717	N/A
2/2/2018	79,040	-2,849	N/A	6,843	N/A
11/3/2017	77,151	-4,129	N/A	4,484	N/A
8/4/2017	73,842	-4,909	N/A	2,599	N/A
5/5/2017	67,401	-4,438	N/A	2,657	N/A
2/3/2017	62,164	-3,083	N/A	2,367	N/A
10/28/2016	54,247	-2,479	N/A	2,540	N/A
7/29/2016	50,674	-1,117	N/A	3,245	N/A
4/29/2016	50,627	-1,146	N/A	2,994	N/A
1/29/2016	50,911	-1,168	N/A	2,162	N/A
10/30/2015	52,493	-1,346	N/A	1,993	N/A
7/31/2015	54,183	-1,343	N/A	2,164	N/A
5/1/2015	55,897	-1,360	N/A	1,097	N/A
1/30/2015	54,142	-1,108	N/A	2,551	N/A
8/1/2014	57,283	-2,653	N/A	2,166	N/A
5/1/2014	57,050	-2,142	N/A	3,285	N/A
1/31/2014	56,377	-1,705	N/A	2,686	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1DELL's forecast earnings growth (14.6% per year) is above the savings rate (2.5%).

Earnings vs Market: 1DELL's earnings (14.6% per year) are forecast to grow faster than the Italian market (7% per year).

High Growth Earnings: 1DELL's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1DELL's revenue (6.6% per year) is forecast to grow faster than the Italian market (4% per year).

High Growth Revenue: 1DELL's revenue (6.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1DELL's Return on Equity is forecast to be very high in 3 years time (145.8%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 08:01
End of Day Share Price	2024/12/20 00:00
Earnings	2024/11/01
Annual Earnings	2024/02/02

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Dell Technologies Inc. is covered by 69 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Warren Lau	Aletheia Analyst Network Limited
James Kelleher	Argus Research Company
Phillip Alling	Atlantic Equities LLP