The company reported net revenues of $101.2bn for the fiscal year ended 28 January 2022 – approximately 17% higher than the previous year’s top-line of $86.7bn. On 24 February, Dell released its fourth quarter and full year financial results. With the first quarter of 2022 approaching its close, join us as we undertake an analysis, look at the latest Dell stock news and gain analysts’ insights on a Dell share price forecast.įundamental analysis: Q full year earnings It has since evolved, diversifying its product portfolio to software, data storage service and servers.Īs of 11 March 2022, Dell stock last closed at $51.97, accounting for an 8.79% drop in value year-to-date – it closed at $56.98 on 3 January 2022. In 2018, through a reverse merger with VMware, a publicly-traded cloud computing company that Dell had acquired with its acquisition of EMC, Dell returned to the public markets.Ī pioneer in customised personal computers (PCs), Dell initially concentrated on manufacturing computer hardware. As the markets were leaning toward smartphones and tablets, Dell felt it would serve the company best to concentrate on long-term strategies and avoid stock market volatility. Tagged as the largest corporate privatisation in history at the time, the company cited its reasons for going private in a 2013 Securities and Exchange Commission (SEC) filing. While Dell had its initial public offering (IPO) in 1988, it returned to private markets in 2013. By 1992, Dell was the youngest CEO to have his company listed on the Fortune 500. In 1987, he ventured into the business of building IBM-compatible computers through the Dell Computer Corporation. In 1984, university student Michael Dell had a vision for how technology could shape the future. It’s roots can be traced to the early 1980s. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.Dell stock forecast (2022-2025): computing a strong growth? – Photo: Shutterstockĭell Technologies (DELL) was created in September 2016. NASDAQ data is at least 15 minutes delayed. NYSE and AMEX data is at least 20 minutes delayed. Real time prices by BATS. Delayed quotes by FIS. Visit to get our data and content for your mobile app or website. Visit Performance Disclosure for information about the performance numbers displayed above. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough May 15, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein.
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