Dell Stock Forecast: 2023-2028

Dell Stock Forecast: What the Analysts Are Saying

Dell Technologies Inc. (DELL) is a global IT company that provides a wide range of products and services, including personal computers, servers, storage devices, and networking equipment. The company has a strong financial performance and a solid track record of growth.

In recent years, Dell has been facing increased competition from other IT companies, such as HP and Lenovo. However, the company has been able to maintain its market share and continue to grow its business.

Analysts are generally positive on Dell's stock. The average price target for DELL stock is $53.00, which represents a potential upside of 10%.

Here is a summary of the analyst ratings for DELL stock:

• Buy: 12
• Overweight: 10
• Hold: 6
• Underweight: 2
• Sell: 0

Dell Stock Forecast: Key Factors to Consider

There are a number of factors that could affect Dell's stock price in the future. These factors include:

Dell Stock Forecast: Opportunities

Dell has a number of opportunities to grow its business in the future. These opportunities include:

Key events and upcoming catalysts:

Dell Technologies World

(May 8-11, 2023) is the company's premier customer event, where Dell showcases its latest products and solutions.
The event is expected to attract over 10,000 attendees, and it is a key opportunity for Dell to generate new leads and sales.

Dell's Financial Performance

Dell has a strong financial performance. In the fiscal year 2022, the company reported revenue of $101.3 billion, an increase of 14% year-over-year. Dell also reported net income of $11.6 billion, an increase of 16% year-over-year.

Dell's Market Share

Dell has a strong market share in the global IT market. In the fiscal year 2022, the company had a market share of 18.2% in the personal computer market and 13.4% in the server market.

Dell's Product Portfolio

Dell has a broad product portfolio that includes a wide range of IT products and services. This allows the company to meet the needs of a diverse customer base.

Dell Stock Forecast: Risks

There are a number of risks that could affect Dell's stock price in the future. These risks include:

Dell Stock Forecast: Dell's competitors

Dell faces competition from a number of other IT companies, including HP, Lenovo, and Cisco. These companies offer similar products and services to Dell, and they can put pressure on Dell's margins.

Dell Stock Forecast: The global economy

The global economy is currently facing a number of challenges, including the COVID-19 pandemic and the war in Ukraine. These challenges could lead to a slowdown in economic growth, which could hurt Dell's business.

Dell Stock Forecast: Technological changes

The IT industry is constantly evolving, and new technologies are emerging all the time. Dell needs to be able to adapt to these changes in order to remain competitive.

Dell Stock Forecast: My Recommendation

I am bullish on Dell's stock. I believe that the company has a strong business model and a solid track record of growth. I think that Dell is well-positioned to continue to grow its business in the future, and I recommend that investors consider buying Dell stock.

Dell Stock Forecast: Appendix

Table 1: Dell's Financial Performance

Table 2: Dell's Market Share

Table 3: Dell's Competitors

Table 4: Dell's Analyst Ratings

Dell Stock Forecast: FAQs

1. What is Dell's stock price?

As of March 8, 2023, Dell's stock price is $48.00.

2. What is Dell's market capitalization?

As of March 8, 2023, Dell's market capitalization is $50.4 billion.

3. What is Dell's dividend yield?

Dell's dividend yield is currently 2.2%.

4. What is Dell's earnings per share (EPS)?

Dell's EPS is currently $4.10.

5. What is Dell's price-to-earnings (P/E) ratio?

Dell's P/E ratio is currently 11.7.

6. What is Dell's debt-to-equity ratio?

Dell's debt-to-equity ratio is currently 1.1.

7. What is Dell's return on equity (ROE)?

Dell's ROE is currently 10.2%.

8. What is Dell's return on assets (ROA)?

Dell's ROA is currently 5.1%.