An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · Dell Technologies Inc.
VERDICT
The label
Markup
read at $437.50
Dell Technologies holds its Markup at $437.50.
PHPhase · the trend structure carries the Markup label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate
edge confirmed
edge broken
edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
INVESTOR
The investor read · the season, not the day
As held on the ledger · 2026-07-24
Phase
Markup
Quantitative state
Consolidating, no directional conviction, held for 14 days
Price
$437.50
Valuation
34.81 trailing · 20.09 forward price to earnings
Values screen
PASS· score 79.8
Beta
1.38
OPPORTUNITY
The opportunity · what the numbers say it is worth
Our framework reads OPPORTUNITY — it trades at roughly a 22% discount to our $533.09 fair value, 87.50% revenue growth.
Read at
$437.50
34.81 P/E · 20.09 fwd
Our fair value
$533.09
22% discount
Analyst target (avg)
$500.00
+14% to current
Target low $360.00Analyst target rangeTarget high $700.00
▲ current $437.50 · | average target
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$437.50
you are here
Conservative
$424.64
-3%
Analyst avg
$500.00
+14%
Our fair value
$533.09
+22%
Analyst high
$700.00
+60%
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Revenue growth
87.50%
Profit margin
6.28%
Analyst consensus
Buy · 23 covering
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
The values screen, explained · five checks, plain English
This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:
The common standard· AAOIFI Used by most halal investing apps✓ PASSES
Our stricter standard· asset-based The one Titan applies✓ PASSES
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is just 31.1% of its assets, well under the one-third ceiling — it does not run on borrowed money.Pass
Interest-bearing cashCash held in interest-bearing accounts and securities is 1.7% of assets, under the one-third limit.Pass
ReceivablesMoney owed to the company is 28.7% of assets, under the 49% limit.Pass
Revenue purityOnly 0.2% of revenue comes from non-compliant sources — under the 5% line.Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
PLAIN
The business, in plain words · what the numbers mean
Dell supplies the hardware behind every upgrade cycle
Picture a data centre refresh or a company rolling out new laptops to staff. Dell is the supplier that keeps those projects moving, from servers to PCs across the Americas, Europe and Asia.
Revenue growth of 88% stands out sharply against a forward P/E of 18.4 times, and the shares sit 34% below our fair value of $529.95. The business passes the ethical screen, draws a consensus buy rating from 23 analysts and carries a $500 median target.
Margins remain thin at 6%, the competitive moat is unclear and hardware spending can swing sharply when budgets tighten. Currency and supply chain swings add further volatility. Analysis, not advice.
Screened names in the same industry · explore each on its own page.
TRADE
Where & how to trade · wherever in the world you are
DELL trades on a US exchange. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.
TRADER
The trader read · the latest dated commentary
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 10.9% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 103% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 235%. Our forward projection puts the odds of a 10% gain over the next month near 35%. The street (23 analysts) rates it buy, with a mean price target of $212. Entered 2026-07-26 · Markup
JOURNAL
The dated journal · newest first, never edited
2026-07-26Markup$437.50+10.9%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 10.9% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 103% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 235%. Our forward projection puts the odds of a 10% gain over the next month near 35%. The street (23 analysts) rates it buy, with a mean price target of $212.
2026-07-18Markup$394.39+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 103% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 235%. Our forward projection puts the odds of a 10% gain over the next month near 35%. The street (23 analysts) rates it buy, with a mean price target of $212.
2026-07-03Markup$394.39+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markup$394.39Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with strong ethical credentials. The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
INSIDERS
The insider ledger · Form 4 filings, as filed
Most recent filings · DELL
Date
Insider
Title
Type
Shares
Value
2026-04-16
SLTA IV GP, L.L.C.
Beneficial Owner of more than 10% of a Class of Security
382,000
$67,542,560
2026-04-16
SLTA IV GP, L.L.C.
Beneficial Owner of more than 10% of a Class of Security
516,449
·
2026-04-15
SLTA IV GP, L.L.C.
Beneficial Owner of more than 10% of a Class of Security
458,666
$81,293,378
2026-04-15
SLTA IV GP, L.L.C.
Beneficial Owner of more than 10% of a Class of Security
630,047
·
2026-04-15
CLARKE JEFFREY W
Chief Operating Officer
116,000
$21,167,680
2026-04-09
KENNEDY DAVID ALAN
Chief Financial Officer
19,500
$3,559,335
2026-03-23
SLTA IV GP, L.L.C.
Director and Beneficial Owner of more than 10% of a Class of Security
459,999
$74,635,870
2026-03-23
SLTA IV GP, L.L.C.
Beneficial Owner of more than 10% of a Class of Security
630,583
·
2026-03-23
SCANNELL WILLIAM F
Officer
143,067
$23,606,055
2026-03-20
SLTA V GP, L.L.C.
Beneficial Owner of more than 10% of a Class of Security