Dell Technologies Inc.'s Stock Analysis

Dell Technologies Implements New Shareholder Proposal Requirements

Dell Technologies has approved amendments to its bylaws, effective July 2, 2026, which will change how shareholder proposals can be submitted. Under the new rules, shareholders or groups must hold at least $1,000,000 in market value or 3% of the outstanding voting shares for at least six months prior to the meeting to submit a proposal. Additionally, they must continue to hold the shares through the meeting and solicit support from shareholders representing at least 67% of the voting power.

These changes are part of the Bylaw Amendments that align the company with Section 21.373 of the Texas Business Organizations Code. The amendments are incorporated into the amended and restated bylaws, which detail the new requirements for shareholder proposals, aiming to streamline the proposal process and establish clearer guidelines for participation in shareholder meetings.

Jul 06, 2026 16:22:22

Dell Technologies Completes Redomestication to Texas Corporation

Dell Technologies has completed its redomestication from Delaware to Texas, effective July 1, 2026. This change alters the rights of shareholders, particularly in terms of initiating derivative proceedings, which now requires shareholders to own at least 3% of the total outstanding shares. The company’s internal affairs will now be governed by Texas law, but there will be no changes to its headquarters, management, or financial obligations as a result of this transition.

During the 2026 annual meeting, shareholders voted on four proposals, all of which were approved. These included the election of directors, ratification of the independent accounting firm, approval of executive compensation, and the redomestication itself. The company’s Class C common stock remains listed on the New York Stock Exchange under the symbol “DELL,” and all existing stock options and equity awards have been converted to reflect the new Texas corporation structure.

Jul 01, 2026 06:47:07

Dell Technologies Issues Shares of Class C Common Stock

Dell Technologies Inc. announced the issuance of 3,438,364 shares of Class C common stock from June 1 to June 12, 2026, following the conversion of an equal number of Class B common stock shares held by several Silver Lake affiliates. As of June 15, 2026, the company had a total of 325,046,693 shares of Class C common stock and 44,351,394 shares of Class B common stock outstanding.

The conversion of Class B common stock to Class C common stock is permitted under the company’s certificate of incorporation, allowing holders to convert shares on a one-to-one basis. The Class C shares maintain the same dividend and liquidation rights as Class B shares. The issuance of these shares was conducted without registration, relying on an exemption from the Securities Act of 1933.

Jun 17, 2026 16:18:29

Dell Technologies Completes $3 Billion Senior Notes Offering

Dell Technologies Inc. has completed a public offering through its subsidiaries, Dell International L.L.C. and EMC Corporation, totaling $3 billion in senior notes. This includes $1 billion of 4.750% notes due in 2031, $750 million of 5.000% notes due in 2034, and $1.25 billion of 5.250% notes due in 2037. The notes are senior unsecured obligations and are guaranteed by the Company and its subsidiaries, ranking equally with existing senior debt and ahead of subordinated debt.

Interest on the notes will begin accruing from June 16, 2026, with semi-annual payments scheduled for specific dates depending on the series. The notes can be redeemed at specified times with a make-whole premium or at par after certain dates. In the event of a change of control, noteholders can require the Issuers to purchase their notes at a premium. The Indenture includes covenants that limit certain corporate actions and outlines events of default typical for investment-grade debt securities.

Jun 16, 2026 16:36:39

Dell Technologies Announces $3 Billion Senior Notes Offering

Dell Technologies Inc. has entered into an underwriting agreement to issue and sell $3 billion in senior notes, which includes $1 billion of 4.750% notes due in 2031, $750 million of 5.000% notes due in 2034, and $1.25 billion of 5.250% notes due in 2037. The notes will be sold at slightly discounted prices and are guaranteed by Dell Technologies and its subsidiaries.

The offering is expected to close on June 16, 2026, pending customary conditions. The net proceeds from this offering will be used for general corporate purposes, which may include debt repayment. The sale has been registered with the SEC under a specific registration statement.

Jun 12, 2026 16:45:04

Dell Technologies Secures $6 Billion Credit Facility Agreement

Dell Technologies has entered into a new Credit Agreement on June 10, 2026, providing a senior unsecured revolving credit facility of $6 billion, with a letter of credit sub-facility of up to $500 million. This agreement allows Dell International and EMC to request additional commitments and will be used for general corporate purposes. The Credit Agreement matures on June 10, 2031, and features variable interest rates based on the company's credit ratings.

In conjunction with this new agreement, Dell International and EMC have fully repaid and terminated their obligations under a previous credit agreement established in November 2021. This repayment means that Dell International and EMC no longer have any commitments or obligations related to the prior agreement, streamlining their financial responsibilities moving forward.

Jun 10, 2026 16:19:53

Dell Technologies Reports Record Revenue and Earnings for Q1 FY27

Dell Technologies announced its financial results for the first quarter of fiscal year 2027, reporting record revenue of $43.8 billion, an increase of 88% year over year. The company also achieved record diluted earnings per share (EPS) of $5.24, up 282% from the previous year, and a record cash flow from operations of $4.1 billion. The Infrastructure Solutions Group (ISG) saw significant growth, with revenue reaching $29.0 billion, up 181% year over year, while the Client Solutions Group (CSG) reported revenue of $14.6 billion, up 17% year over year. Notably, AI server revenue contributed significantly, with $16.1 billion recognized during the quarter and $24.4 billion in AI orders booked.

Looking ahead, Dell expects second-quarter FY27 revenue to be between $44.0 billion and $45.0 billion, representing a 49% increase year over year. The company has raised its full-year revenue outlook to a range of $165.0 billion to $169.0 billion, marking an anticipated growth of 47% year over year. Dell also projects full-year GAAP diluted EPS to be approximately $17.31, up 99% year over year, and non-GAAP diluted EPS to be around $17.90, up 74%. The company returned $2.1 billion to shareholders in the first quarter through share repurchases and dividends.

May 28, 2026 16:15:39

Dell Technologies Issues Over 4 Million Class C Shares

Dell Technologies has converted 4,237,699 shares of Class B common stock into Class C common stock between March 2 and April 16, 2026. As of April 17, 2026, the company has 325,654,621 shares of Class C common stock and 47,789,758 shares of Class B common stock outstanding.

The conversions were conducted on a one-to-one basis as permitted by the company's certificate of incorporation. The issuance of the Class C common stock was executed without registration under the Securities Act of 1933, utilizing an exemption, and no commissions were paid for the exchange of securities.

Apr 20, 2026 16:20:27

Dell Technologies Reports Record Revenue and Earnings for FY2026

Dell Technologies announced its financial results for the fiscal year ending January 30, 2026, achieving record revenue of $113.5 billion, a 19% increase from the previous year. The company reported diluted earnings per share (EPS) of $8.68, up 36% year over year, alongside a record cash flow from operations of $11.2 billion. In the fourth quarter alone, Dell generated $33.4 billion in revenue, a 39% year-over-year increase, and a diluted EPS of $3.37, reflecting a 57% rise compared to the same quarter last year.

Additionally, Dell announced a 20% increase in its cash dividend and a $10 billion increase in its share repurchase authorization. For fiscal year 2027, the company expects revenue growth of 23% at the midpoint, projecting full-year revenue between $138 billion and $142 billion, with anticipated diluted EPS growth of 33%. Dell's Infrastructure Solutions Group reported significant growth, particularly in AI-optimized servers, which saw a 342% increase in revenue in the fourth quarter.

Feb 26, 2026 16:08:45

Dell Technologies Reports Record Revenue and Earnings for Q3 2026

Dell Technologies announced its financial results for the third quarter of fiscal 2026, reporting record revenue of $27.0 billion, an 11% increase year-over-year. The company achieved diluted earnings per share (EPS) of $2.28, up 39% from the previous year, and a non-GAAP diluted EPS of $2.59, reflecting a 17% increase. Additionally, cash flow from operations was reported at $1.2 billion, and the company returned $1.6 billion to shareholders during the quarter through share repurchases and dividends.

The Infrastructure Solutions Group (ISG) generated record revenue of $14.1 billion, a 24% increase year-over-year, while the Client Solutions Group (CSG) reported revenue of $12.5 billion, up 3%. Dell also provided guidance for the full fiscal year 2026, expecting revenue between $111.2 billion and $112.2 billion, a 17% increase year-over-year. The company anticipates AI server shipments to reach approximately $25 billion, a growth of over 150%. The appointment of David Kennedy as the permanent chief financial officer was also announced.

Nov 25, 2025 16:10:47