Should I buy Dell stock in 2025? Expert Analysis for Ireland

What is Dell?

How much is the Dell stock?

The price of Dell stock is rising this week. As of now, Dell shares are trading at $113.63, marking a slight decrease of 0.12% over the last 24 hours but a solid gain of 1.52% for the week.

Dell offers a balanced investment profile. The stock’s beta stands at 1.06, suggesting moderate volatility compared to the overall market. Investors in Ireland may find Dell’s positioning appealing, especially as recent movements reflect renewed confidence in the company’s leadership in AI-driven infrastructure.

Our full analysis of the Dell stock

Having rigorously reviewed Dell Technologies’ most recent financial disclosures alongside its share price evolution over the last three years, our proprietary assessment—combining quantitative indicators, technical signals, comparative market data, and peer benchmarking—offers a fresh perspective on this global technology leader. The result is a holistic, data-driven evaluation that isolates the firm’s current strengths, future outlook, and unique market positioning within the ever-evolving tech hardware and infrastructure sphere. So, why might Dell stock once again emerge as a strategic entry point for forward-thinking portfolios in 2025?

Recent Performance and Market Context

Over the past year, Dell Technologies (NYSE: DELL) has navigated one of the most dynamic shifts in the technology sector landscape, driven by the acceleration of enterprise digitalisation and—in particular—the global drive toward AI infrastructure. At the close of trading on 30 May 2025, Dell’s share price stood at $113.63, representing a -36.6% decline over twelve months after an exceptional rally in late 2023, but maintaining a robust +1.5% gain over the last week and outperforming broader hardware indices on periods of high AI-driven newsflow.

Significantly, 2024 saw Dell become a mainstream proxy for AI infrastructure exposure—a reputation cemented not only by revenue milestones but by high-profile multi-year strategic partnerships with the likes of NVIDIA and CoreWeave. Its $77.66 billion market capitalization and healthy $7.64 million average daily trading volume reflect its continued institutional appeal and liquidity. Despite recent volatility, sector analysts are coalescing around a 12-month consensus price target of $130.70 (+15% upside from current levels), underlining broad-based optimism regarding next-phase earnings.

These price moves have unfolded amid a powerful backdrop for tech equities: record AI infrastructure deployment, favourable US regulatory policy, and robust IT capex spend from both commercial and government clients. Furthermore, with Europe—including Ireland—prioritising sovereign AI compute capacity, the global market environment supports sustained demand for Dell’s core server, storage, and networking franchises.

Technical Analysis

From a technical vantage point, Dell’s current price action is delivering clear signals suggestive of renewed bullish momentum. At $113.63, shares remain above both the 50-day and the benchmark 200-day moving averages ($110.62 for the latter)—traditionally a positive momentum trigger and a sign of underlying investor confidence.

Key short-term support is established at $112.05, with immediate resistance at $119.50. The stock’s recent bounce off its lower support band and recovery in the face of sector rotation points to sustained institutional buying on dips. Relative Strength Index (RSI) metrics and MACD (Moving Average Convergence Divergence) readings indicate that shares are transitioning away from short-term oversold levels, further reinforcing the probability of a constructive mean-reversion and renewed trend formation into Q3 and Q4 2025.

In concrete terms, Dell’s technical structure now offers a potential asymmetric risk/reward dynamic, with clear support underpinning downside and momentum building as key contract and earnings catalysts approach.

Fundamental Analysis

A deep dive into Dell's fundamentals reveals a company efficiently capitalizing on secular growth trends. Q1 FY2026 saw group revenue rise 5% year-on-year to $23.38 billion—beating analyst expectations ($23.14bn)—driven largely by the explosive demand for AI-optimized servers (server and networking sales up 16% y/y to a record $6.3 billion) and robust 6% growth in storage revenues.

While adjusted EPS of $1.55 fell just short of consensus ($1.69), this reflects proactive investment in capacity and R&D, positioning Dell for structurally higher profitability as AI and hybrid cloud workloads scale. Margins remain resilient, supported by the firm’s global supply chain and sharp execution in both Infrastructure Solutions and Client Solutions segments.

Valuation multiples remain notably attractive. With a current P/E of 17.8 and a PEG ratio supported by management’s forecasted 8% full-year revenue growth, Dell trades at a healthy discount to major listed peers, especially considering its dominant enterprise market share and broader platform reach. A dividend yield of 1.85% ($2.10 annualised, up 20% year-on-year) and a proven $2.4 billion capital return in Q1 2026 further underscore shareholder alignment—a combination rarely found in fast-growth hardware names.

Strategically, Dell’s established leadership in enterprise servers—particularly for AI and GenAI solutions—its privileged access to NVIDIA’s advanced silicon, and its robust cash flow generation ($8.7 billion in FY2024) make its fundamentals especially compelling at today’s levels.

Volume and Liquidity

In today’s fast-moving equity markets, liquidity and active trading volumes are crucial indicators of stock health and institutional conviction. Dell continues to deliver, with an average 3-month daily trading volume of 7.64 million shares—a figure that places it among the most liquid large-cap tech players.

This sustained turnover has allowed for active price discovery and efficient entry/exit conditions even at times of market stress, supporting the case for both shorter-term swing trades and longer-term positioning. Additionally, the company’s free float provides a favourable set-up for dynamic revaluations, particularly as news flow and earnings surprises drive interest among new institutional buyers.

Catalysts and Positive Outlook

• AI Infrastructure Boom: Q1 2026 saw Dell book $12.1 billion of AI server orders, more than the entire prior full fiscal year—underscoring the “unprecedented demand” for its leadership compute solutions. The $14.4 billion AI order backlog, with FY2026 run-rate expected at $15+ billion, sets the stage for significant revenue expansion.
• New Product Cycle: Ongoing expansion of AI-capable laptops, workstations, and edge computing solutions positions Dell at the heart of the next enterprise upgrade cycle, broadening its TAM (total addressable market).
• Strategic Partnerships: Deep collaboration with NVIDIA (notably via DGX SuperPOD) and an extended alliance with CoreWeave are sharpening Dell’s competitive differentiation in the global AI race, while a new partnership with Nokia further enhances its pipeline in telco infrastructure.
• Optimistic Guidance: Management’s latest guidance implies Q2 FY2026 revenue between $28.5–29.5 billion—well above the Street’s $25.05 billion expectation—and a full-year adjusted EPS of $9.40, reinforcing the case for a robust earnings re-rating in the consensus models.
• ESG and Shareholder Returns: Enhanced corporate governance, a 20% hike in dividend, and ongoing share buybacks all reflect a management team acutely focused on value creation and sustainability—factors of increasing importance to European and Irish investors alike.

These catalysts strongly suggest that Dell stands poised to outperform not only versus historical levels, but also against a competitive set grappling with supply chain bottlenecks and limited AI capacity.

Investment Strategies

• Short-Term: Momentum-driven traders may find opportunity in current price consolidation near the 200-day moving average, with attractive entry points at or just above $112 support. Anticipation of positive Q2 earnings or incremental large contract announcements could serve as near-term inflection points.
• Medium-Term: Investors seeking positional trades might consider building exposure ahead of key AI infrastructure rollouts and the anticipated Q2 revenue beat. The powerful backlog and unmatched order intake underpin confidence in forward earnings power, with a potential for a sustained move back toward $130–140 resistance.
• Long-Term: Strategic, buy-and-hold investors may see Dell as an ideal vehicle for benefitting from long-term AI compute proliferation, further cloud migration, and accelerating hybrid IT spend. The strong balance sheet, robust dividend, and capital return programme add ballast for those seeking stable compounders within technology equity allocations—features especially relevant for diversified Irish and European portfolios.

In each scenario, current valuations and technical positioning appear to justify renewed interest, with compelling upside potential amid global digitalisation megatrends.

Is It the Right Time to Buy Dell?

In sum, Dell Technologies today stands out as a fundamentally robust, highly liquid, and strategically positioned tech leader benefiting from several major secular tailwinds. The combination of explosive AI-driven order growth, upgraded management guidance, strong technical supports, and attractive shareholder distributions creates a powerful backdrop for price appreciation.

While historical volatility remains a feature—typical of fast-evolving tech sector stalwarts—the fundamental strengths, innovative product cycles, and unmatched institutional demand flow suggest Dell stock may be entering a fresh bullish phase. For investors focused on capitalising on the migration to AI-first infrastructure and seeking best-in-class exposure to technology hardware, Dell currently seems to represent an excellent opportunity for thoughtful portfolio construction.

As competitive dynamics continue to evolve and Dell unlocks further value from its order book and innovation pipeline, the stock is positioned to deliver significant upside potential for those attentive to the twin engines of growth and disciplined execution.

How to buy Dell stock in Ireland?

Buying Dell stock online is both straightforward and secure for investors in Ireland, provided you use a regulated broker. Today, you can invest in Dell shares in just a few clicks, choosing between two main methods: buying the shares outright (“spot” or cash buying) or trading Contracts for Difference (CFDs), which allow you to speculate on price movements with leverage. Each has its own benefits and suitability, depending on your investment goals and level of experience. To make the smart choice, we recommend reviewing a comparison of trusted brokers, which you’ll find further down this page.

Cash buying

When you purchase Dell shares with cash, you become a direct shareholder—owning physical shares in your name. This method is simple and ideal for medium- to long-term investors, who benefit from dividends and capital gains potential. Irish brokers typically charge a flat fee per order, usually around €5-€10, regardless of the amount invested (some may quote in USD if dealing on US markets).

Example

Suppose Dell’s share price is $113.63 (approx. €105). With a $1,000 investment (roughly €930), factoring in a $5 brokerage fee, you could purchase about 8 shares:
$1,000 - $5 fee = $995 → $995 ÷ $113.63 ≈ 8 shares.

✔️ Gain scenario:
If Dell shares rise by 10%, your holdings are now worth $1,100.
Result: +$100 gross gain, or +10% on your investment (excluding taxes and fees).

Trading via CFD

CFD trading lets you speculate on Dell’s share price without owning the underlying shares. CFDs are a flexible and powerful tool, especially for short-term strategies or if you want to use leverage. You pay a spread (the broker’s margin between buy and sell price), and overnight positions may incur a financing charge.

Example with leverage

You open a CFD on Dell shares with $1,000, using 5x leverage, so your exposure is $5,000.
✔️ Gain scenario:
If Dell stock moves up 8%, your position gains 8% × 5 = 40%.
Result: +$400 gain on your $1,000 margin (excluding charges).

Final advice

Before taking the plunge, it’s crucial to carefully compare broker fees, platforms and support—costs can vary, and some brokers offer extra services or better currency conversion rates for Irish investors. Ultimately, your choice should match your personal financial goals and risk profile: cash buying is a great way to invest in Dell for the long term, while CFDs are attractive for active traders looking for flexibility and leverage. For more details, our broker comparison is available further down the page.

Our 7 tips for buying Dell stock

The latest news about Dell

Dell's Q1 FY2026 results report record revenues in servers and networks, with 16% YoY growth. On 29 May 2025, Dell Technologies released its latest quarterly results, highlighting $23.38 billion in revenue—a 5% annual increase and surpassing analyst expectations. Particularly, server and networking revenues set a new company record at $6.3 billion (up 16% year-over-year), reinforcing Dell's leadership in enterprise technology infrastructure. This momentum, driven largely by global demand for advanced data center solutions, is highly relevant for Irish enterprises and IT integrators, many of whom rely on Dell’s products and services for mission-critical operations.

The company's order backlog for AI servers has reached unprecedented levels, supporting robust future revenue streams. Dell’s Q1 saw $12.1 billion in AI-related server orders, surpassing deliveries for the entirety of the previous fiscal year, with its AI backlog now standing at $14.4 billion. With a forecast of at least $15 billion in AI server revenue for FY2026 and ongoing multi-year commitments from hyperscalers and enterprise clients—including those in Ireland—Dell's accelerated penetration in the AI server market signals strong potential for partners, investors, and Irish entities investing in AI-driven transformation.

Strategic partnerships with NVIDIA, CoreWeave, and Nokia expand Dell’s IA portfolio and presence across Europe. Recently announced extensions to Dell’s collaborations with NVIDIA (for DGX SuperPOD systems), CoreWeave (for AI infrastructure), and Nokia (for telco and cloud infrastructure) substantially strengthen Dell’s capabilities in commercializing turnkey AI and next-gen connectivity solutions. With Ireland’s vibrant digital economy, a strong multinational tech sector, and ongoing data center build-outs, these partnerships amplify the availability and relevance of Dell offerings domestically, both for direct purchase and local integration.

Dell’s financial guidance for Q2 2026 is strongly above market consensus, underlining management’s confidence despite global tech volatility. Management has set Q2 revenue guidance at $28.5-$29.5 billion, far above the $25.05 billion consensus, and raised adjusted annual EPS guidance to $9.40 (previously $9.30). This optimistic outlook comes alongside steady annual revenue projections of $101-105 billion, communicating resilience and disciplined execution. Irish institutional investors and pension funds tracking US tech equities are thus presented with a company demonstrating both operational momentum and a robust pipeline.

The stock remains above key technical indicators, with a positive weekly performance and continued capital return to shareholders. With a current price ($113.63) above the 50- and 200-day moving averages and a 1.52% gain over the past week, Dell’s technical signals are constructive. The company’s ongoing share buybacks ($2.4 billion spent in Q1) and a dividend yield of 1.85% reinforce its attractiveness to income-oriented investors, including those in Ireland seeking USD-denominated equity exposure with strong shareholder return policies.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.