Dell likely to report lower quarterly earnings, here’s a look at…

Dell likely to report lower quarterly earnings, here’s a look at…

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Dell Technologies Inc. Dell is scheduled to release its financial results for the latest quarter after the closing bell on March 2, 2023.

Analysts expect the company to report quarterly earnings of $1.64 per share on sales, compared to $1.72 per share in the prior-year period. The company’s revenue could be $23.48 billion.

Dell shares fell 0.5% to close at $40.44 on Wednesday, gaining 0.3% in after-hours trade.

Benzinga readers can access the latest analyst ratings Analyst stock ratings book page. Readers can sort by stock ticker, company name, analyst firm, rating change, or other variable.

Let’s look at how Benzinga is most accurate Analysts rated the company recently.

  • MorganStanley Analyst Erik Woodring kept an equal weight rating and increased the price target to $47 from $45 on February 21, 2023. This analyst sees around 16% upside potential for the company’s stock and has an accuracy rate of 44%.
  • CreditSuisse Analyst Shannon Cross kept an Outperform rating on November 22, 2022 and lowered the price target to $53 from $56. This analyst sees around 31% upside potential for the company’s stock and has an accuracy rate of 56%.
  • Raymond James Analyst Simon Leopold kept an Outperform rating and increased the price target to $50 from $47 on November 22, 2022. This analyst sees around 24% upside potential for the company’s stock and has an accuracy rate of 63%.
  • Wells Fargo Analyst Aaron Rakers kept an Overweight rating on November 22, 2022, lowering the price target to $52 from $58. This analyst sees over 29% upside potential for the company’s shares and has an 83% accuracy rate.
  • UBS Analyst David Vogt kept a buy rating and lowered the price target to $60 from $65 on November 22, 2022. This analyst sees over 48% upside potential for the company’s stock and has an accuracy rate of 70%.

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