Dell Before The Bell: Will Q2 Earnings Propel The Stock Higher?
Portfolio Pulse from Surbhi Jain
Dell Technologies Inc (NYSE:DELL) is set to report its Q2 earnings, with Wall Street expecting $1.71 EPS and $24.138 billion in revenues. The stock has risen significantly over the past year and year-to-date. Technical indicators show mixed signals, with some bullish momentum but also caution due to bearish trends. Analysts have a Buy rating with a price target suggesting a 35.94% upside.
August 28, 2024 | 7:30 pm
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Dell Technologies is reporting Q2 earnings with expectations of $1.71 EPS and $24.138 billion in revenues. The stock has shown significant growth over the past year. Technical indicators are mixed, with some bullish momentum but also caution due to bearish trends. Analysts have a Buy rating with a price target suggesting a 35.94% upside.
The upcoming earnings report is a significant event for Dell, with expectations of strong EPS and revenue. The stock has performed well over the past year, and while technical indicators are mixed, the overall analyst sentiment is positive with a Buy rating and a significant upside potential. This suggests a likely positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100