Seeking Alpha
02 Nov 2026, 03:35 UTC · 4h ago
Refreshing Thoughts Ahead Of Dell's Q3 Earnings
Impact · against what's priced in
The article is bearish for Dell, as projected Q4 guidance risks and PC weakness challenge the growth assumptions baked into the current price. For Intel, the mention of mirrored PC headwinds confirms the existing bearish baseline regarding the core business's struggles.
- DELL−0.50
Challenges what's priced in
- The price assumes
The raised FY27 revenue guidance of $192 billion and 70% YoY growth
While a Q3 beat is expected, the warning that Q4 guidance may fall below consensus directly threatens the high revenue growth trajectory the market has already priced in.
What DELL's price assumes · Sep 2
