Important Information

You are visiting the international Vantage Markets website, distinct from the website operated by Vantage Global Prime LLP
( www.vantagemarkets.co.uk ) which is regulated by the Financial Conduct Authority ("FCA").

This website is managed by Vantage Markets' international entities, and it's important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:

  • You will not be guaranteed Negative Balance Protection
  • You will not be protected by FCA’s leverage restrictions
  • You will not have the right to settle disputes via the Financial Ombudsman Service (FOS)
  • You will not be protected by Financial Services Compensation Scheme (FSCS)
  • Any monies deposited will not be afforded the protection required under the FCA Client Assets Sourcebook. The level of protection for your funds will be determined by the regulations of the relevant local regulator.

If you would like to proceed and visit this website, you acknowledge and confirm the following:

  • 1.The website is owned by Vantage Markets' international entities and not by Vantage Global Prime LLP, which is regulated by the FCA.
  • 2.Vantage Global Limited, or any of the Vantage Markets international entities, are neither based in the UK nor licensed by the FCA.
  • 3.You are accessing the website at your own initiative and have not been solicited by Vantage Global Limited in any way.
  • 4.Investing through this website does not grant you the protections provided by the FCA.
  • 5.Should you choose to invest through this website or with any of the international Vantage Markets entities, you will be subject to the rules and regulations of the relevant international regulatory authorities, not the FCA.

Vantage wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.

By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Vantage entity.

I confirm my intention to proceed and enter this website Please direct me to the website operated by Vantage Global Prime LLP, regulated by the FCA in the United Kingdom

By providing your email and proceeding to create an account on this website, you acknowledge that you will be opening an account with Vantage Global Limited, regulated by the Vanuatu Financial Services Commission (VFSC), and not the UK Financial Conduct Authority (FCA).

    Please tick all to proceed

  • Please tick the checkbox to proceed
  • Please tick the checkbox to proceed
Proceed Please direct me to website operated by Vantage Global Prime LLP, regulated by the FCA in the United Kingdom.

×

Are you long or short on indices?

Trade Indices Now >
Long Or Short On Indices?
View More
SEARCH
  • All
    Trading
    Platforms
    Academy
    Analysis
    Promotions
    About
  • Search
Keywords
  • Forex Trading
  • Vantage Rewards
  • Spreads
  • facebook
  • instagram
  • twitter
  • linkedin
  • youtube
  • tiktok
  • spotify
Dell Technologies Inc (NYSE: DELL) Stock Overview: In-Depth Look at Dell Technologies 

TABLE OF CONTENTS

Dell Technologies Inc (NYSE: DELL) Stock Overview: In-Depth Look at Dell Technologies 

Dell Technologies Inc (NYSE: DELL) Stock Overview: In-Depth Look at Dell Technologies 

Vantage Updated Updated Wed, 2024 August 7 08:10

What is Dell Technologies Inc? 

Dell Technologies Inc., a household name in computing and technology, leads the charge in innovation and digital transformation. From its roots as a personal computing giant, Dell has evolved into a versatile tech powerhouse, offering cutting-edge solutions in high-performance computing, artificial intelligence and cloud technologies. This article delves into Dell’s dynamic product range and strategic manoeuvres that have cemented its influential role in the tech industry, and overview of the stock’s potential for investors.  

Key Points  

  • Dell’s strategic financial manoeuvres and shareholder-friendly policies ensure stability and appeal in the volatile tech sector. 

  • Dell’s expansion into IT infrastructure and cloud computing reduces its reliance on the PC market and boosts growth potential. 

  • Dell’s integration of AI, IoT and edge computing positions it as a leader in driving digital transformation.  

History [1]  

Dell Technologies was founded in 1984 by American entrepreneur Michael Dell, while he was a student at the University of Texas in Austin. Initially, Dell operated the business from his dormitory room, providing customised upgrades for personal computers (PCs). 

In 1988, the company officially renamed itself Dell Computer Corporation and went public, with the company’s rapid growth allowing it to expand globally. Dell opened its first international subsidiary in the United Kingdom in 1987 and established a manufacturing centre in Ireland to better serve customers in Europe, the Middle East, and Africa.  

In 1966, Dell made history by taking sales online, setting the bar for e-commerce worldwide. The company continued to expand its global operations, opening the first Asia-Pacific Customer Center in Penang, Malaysia and integrated sales, manufacturing and support centres in China, Brazil and the United States.  

Dell was initially known as a pure hardware vendor, but in 2009, it acquired Perot Systems and entered the market for IT services. The company expanded into storage and networking systems, offering a broader range of technology solutions for enterprise customers.  

In 2016, Dell’s journey converged with that of EMC Corporation, resulting in the creation of Dell Technologies. This merger marked the completion of the largest deal in history, bringing together two industry giants to drive human progress and innovation globally. 

Today, Dell Technologies continues to be a key leader in the global technology industry, driven by ambitious innovation and a vision for a better world. Its journey from a dorm room startup to a global powerhouse exemplifies the spirit of entrepreneurship and adaptability.   

Dell Technologies Inc Share Price 2024 

Here is how Dell Technologies Inc. has been performing on the stock market for the past year:  

Chart 1: Dell Technologies Inc’s share price performance for the past year 

The closing price on 25 May 2024 was US$160.18, which is up 4.30% from the previous day’s closing price of US$154.61. The highest price of the stock in the time period shown on the chart is US$166.77, and the lowest price is US$40.33.  

Year Average Stock Price Year Open Year High Year Low Year Close Annual % Change 
2024 107.6150 74.7900 160.1800 74.7900 160.1800 109.39% 
2023 54.2272 40.9000 77.2600 36.5700 76.5000 90.20% 
2022 45.8012 56.1700 59.9061 33.7700 40.2200 -27.36% 
2021 47.8687 35.5701 58.0725 34.9518 55.3715 53.97% 
2020 27.0586 25.6582 36.6594 14.1662 35.9626 42.62% 
2019 26.6390 23.1213 34.2501 20.9132 25.2165 5.16% 
2018 42.5865 40.4475 52.3075 22.2920 23.9800 -39.87% 
2017 33.9744 26.7769 41.5958 26.7769 39.8833 47.86% 
Table 1: History of Dell Technologies Inc’s annual stock price  (Dell – 8 Year Stock Price History | DELL | MacroTrends)  

When was Dell Technologies Inc Listed? [2]  

Dell Technologies made its debut on the New York Stock Exchange (NYSE) on 28 December 2018. Since then, it has been actively traded under the trading symbol ‘DELL’. 

About the stock: Dell Technologies Inc  

Dell Technologies Inc Trading Information [3] 

  • Primary Exchange: NYSE 
  • Ticker: DELL 
  • Country: U.S. 
  • Currency: USD 
  • Trading hours:  
  • Main: 9:30am to 4:00pm ET 
  • Pre-market: 4am to 8:30am ET 
  • After-market: 4pm to 8:00pm ET 
  • Sector: Technology 
  • Market capitalisation: As of August 2024, Dell Technologies Inc has a market capitalisation of $72.35 billion [4].  

Dividend history and yield [5] 

Dell Technologies pays investors a quarterly dividend, with the most recent payout being $0.445 per share on 2 August 2024. The annualised dividend payment of $1.78 per share represents a current dividend yield of 1.2%. The company has shown consistent dividend growth, making it an interesting choice for income-seeking investors.  

Stock Split History [6]  

Dell stock (DELL) underwent a total of two stock splits. The most recent stock split occurred on 2 November 2021.  

One DELL share bought prior to 28 December 2018 would equal to 3.563238 DELL shares today.  

Stock split list  

Date Split 
2 November 2021 1973:1000 
28 December 2018 1806:1000 

What could affect Dell Technologies Inc Share Price  

1. Innovative Edge 

Dell’s ability to stay ahead of the curve in key technology areas like Artificial Intelligence (AI), cloud computing and sustainable solutions can significantly influence its market valuation [7]. As businesses increasingly adopt AI and cloud-based solutions, Dell’s provision of robust and scalable hardware, software and services will be crucial. Success in these areas can solidify Dell’s position as a leading technology partner, attracting new customers and driving revenue growth. This, in turn, can lead to a higher market valuation.  

Innovation in AI, cloud computing and sustainability allows Dell to differentiate itself from competitors and command premium pricing for its solutions. This can lead to increased profitability and a more attractive investment proposition, ultimately boosting the company’s market valuation. By staying at the forefront of these innovative trends, Dell can not only improve its financial performance but also position itself as a leader in the evolving technological landscape. This leadership can translate into a significant increase in its market valuation.  

2. Global Economic Shifts  

As a global supplier, Dell operates in a complex and interconnected economic environment, where several factors can significantly impact its operations and stock price. Trade policies, for instance, play a crucial role. Trade wars, tariffs and other trade barriers can disrupt Dell’s supply chains and increase costs. For example, tariffs on imported components can make Dell’s products less competitive in international markets. Conversely, favourable trade policies can open up new markets and reduce costs, potentially boosting profitability and stock price.  

Currency fluctuations also affect Dell’s global operations. Operating in multiple currencies exposes Dell to exchange rate risks, which can impact the cost of raw materials, production and finished goods. A strong U.S. dollar can make Dell’s exports less competitive and reduce overseas profits, potentially affecting the share price.  

Moreover, supply chain disruptions caused by global events like pandemics, natural disasters and political instability can lead to shortages of components and delays in production. These disruptions can increase costs, limit Dell’s ability to meet customer demand and potentially harm its stock price.  

3. Industry Competition 

The competitive landscape in the technology sector is intense, with companies like HP, Apple and Lenovo continuously pushing advancements. Dell must constantly innovate to keep pace with these industry giants. Each of these competitors brings unique strengths to the market – HP with its broad portfolio of computing and printing solutions, Apple with its product design and ecosystem integration and Lenovo with its strong presence in both consumer and enterprise markets.  

To maintain its competitive edge, Dell focuses on delivering high-quality, cutting-edge technology solutions. This includes investing heavily in research and development to create new products and improve existing ones. Dell’s commitment to innovation helps it address diverse customer needs and stay relevant in a rapidly evolving market.  

Why trade Dell Technologies Inc. stocks 

1. Technological Leadership  

Dell’s comprehensive approach to IT solutions positions it as a key player in driving digital transformation trends. This leadership translates into several advantages that make trading Dell Technology Inc. stocks a compelling choice.  

Firstly, Dell acts as a one-stop shop for digital transformation, offering a wide range of IT solutions, from hardware and software to services like consulting and implementation. This comprehensive portfolio allows businesses to address their entire digital transformation journey with a single vendor, simplifying the process and reducing integration complexities.  

Secondly, Dell actively invests in and integrates emerging technologies like AI, Internet of Things (IoT) and edge computing into its solutions. This focus on innovation enables Dell’s customers to stay ahead of the curve, leveraging the latest advancements to improve efficiency, gain market insights and optimise operations.  

Moreover, Dell’s solutions are designed to be scalable and flexible, allowing businesses to adapt to changing needs and industry trends. This ensures that Dell’s offerings remain relevant as digital transformation continues to evolve, providing long-term value to its customers.  

In addition, in today’s world, security and reliability are paramount. Dell prioritises these aspects in its solutions, providing businesses with the peace of mind that their data and infrastructure are protected. This commitment to security and reliability enhances Dell’s reputation and trustworthiness in the market.  

2. Financial Resilience  

Dell’s financial history demonstrates a commitment to strategic manoeuvres that enhance its financial resilience and appeal to investors seeking stability in the volatile tech sector.  

One of the key strategies that highlight Dell’s financial resilience is its decision to go private in 2013. This move allowed the company to focus on long-term growth and strategic investments without the short-term pressures of the public market. During this period of private ownership, Dell streamlined operations reduced debt and positioned itself for a successful return to the public market in 2018.  

Another aspect of Dell’s financial resilience is its focus on profitability and cash flow. Dell prioritises generating strong cash flow and maintaining a healthy balance sheet [8]. This focus on financial discipline allows for strategic investments in research and development (R&D) and innovation while also providing a buffer against economic downturns.  

Moreover, Dell demonstrates a commitment to its shareholders through consistent dividend payouts and share buyback programs [9]. These shareholder-friendly policies signal confidence in the company’s future prospects and provide a return on investment for shareholders.  

3. Diversification [10] 

Dell’s strategic expansion into IT infrastructure and cloud computing offers several key benefits that enhance its market position and growth potential.  

Firstly, this diversification reduces Dell’s reliance on the personal computing market, which has entered a mature market stage and is experiencing increasing competition. By expanding into IT infrastructure and cloud computing, Dell mitigates the risk of being overly exposed in a single market segment sector, and positions itself for continued growth in the evolving technological landscape [11].  

Secondly, infrastructure and cloud computing solutions often involve subscription-based models, generating recurring revenue streams for Dell. This predictability in revenue provides financial stability and allows for more accurate financial forecasting. The shift towards recurring revenue models is a significant advantage, as it ensures a steady income flow and reduces financial volatility.  

Furthermore, IT infrastructure and cloud computing represent high-growth markets driven by the increasing adoption of cloud-based solutions and data analytics. By expanding into these areas, Dell positions itself to capitalise on these growth opportunities and secure a larger share of the overall IT market. Access to these high-growth markets is crucial for Dell’s long-term success and competitiveness.  

Additionally, Dell’s diversified portfolio creates opportunities for cross-selling of its various offerings. For example, Dell can bundle personal computers with infrastructure solutions or cloud services, providing customers with a comprehensive IT solution while generating additional revenue. This ability to offer integrated solutions strengthens customer relationships and enhances Dell’s market appeal.  

Trade Dell Technologies Inc stocks with Vantage 

Vantage provides a reliable, commission-free trading environment* for a variety of top US stocks, including Dell Technologies through Contracts for Differences (CFDs). Utilise CFDs to trade Dell shares without direct ownership, encompassing all the flexibility of speculative trading with none of the traditional brokerage fees. Sign up for a live account and start trading today! 

*Other fees may be applicable 

References:

  1. “How we got here – Dell Technologies.” https://www.dell.com/en-my/dt/corporate/about-us/who-we-are/timeline.htm#:~:text=1984,time%20to%20growing%20the%20business.  Accessed 28 May 2024.  
  2. “Stock Information – Dell Technologies.” Stock Information | Dell Technologies. Accessed 28 May 2024.  
  3. “Dell Technologies Inc. Class C Common Stock (DELL) After-Hours – Nasdaq.” https://www.nasdaq.com/market-activity/stocks/dell/after-hours. Accessed 28 May 2024.  
  4. “Dell – companiesmarketcap.” Dell (DELL) – Market capitalization (companiesmarketcap.com). Accessed 5 August 2024.  
  5. “Dell Technologies Inc. Class C Common Stock (DELL) Dividend History – Nasdaq.” Dell Technologies Inc. Class C Common Stock (DELL) Dividend History | Nasdaq. Accessed 28 May 2024.  
  6. “Dell – companiesmarketcap.” https://companiesmarketcap.com/dell/stock-splits/. Accessed 28 May 2024.  
  7. “The Cloud Strategy Powering Dell’s Digital Transformation: Flexible IT Delivery, Next-Generation Software – Dell.” The Cloud Strategy Powering Dell’s Digital Transformation: Flexible IT Delivery, Next-Generation Software | Dell USA. Accessed 28 May 2024.  
  8. “Dell Technologies’ Fiscal 2024 Q2 Financial Results: A Deep Dive  – Router Switch.” Dell Technologies’ Fiscal 2024 Q2 Financial Results: A Deep Dive – Router Switch Blog (router-switch.com). Accessed 28 May 2024.  
  9. “Dell Technologies to Announce Long-Term Guidance, Share Repurchase Program and Dividend Intention at Securities Analyst Meeting Today – Dell Technologies.” Dell Technologies to Announce Long-Term Guidance, Share Repurchase Program and Dividend Intention at Securities Analyst Meeting Today | Dell USA. Accessed 28 May 2024.  
  10. “Dell Technologies to Provide Industry’s Fastest Hybrid Cloud Deployment – Dell Technologies.” Dell Technologies to Provide Industry’s Fastest Hybrid Cloud Deployment | Dell Technologies. Accessed 28 May 2024.  
  11. “The Cloud Strategy Powering Dell’s Digital Transformation: Flexible IT Delivery, Next-Generation Software – Dell Technologies.” The Cloud Strategy Powering Dell’s Digital Transformation: Flexible IT Delivery, Next-Generation Software | Dell USA. Accessed 28 May 2024.  
  • vantage academy open account

    Open Trading Account

    Discover the endless trading possibilities with our cutting-edge platform, designed to empower both beginners and seasoned traders alike.

  • vantage academy app

    Download Vantage App

    Trade on the go with the Vantage All-In-One Trading App, where smooth execution and market access come together in the palm of your hand.

  • vantage academy start trading

    Start Trading

    Are you an existing user? Login to your account to start trading 1,000+ products including forex, indices, gold, shares and more.