5-Day Sell-Off Sends Dell Technologies Stock Down -8.4%

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DELL: Dell Technologies logo
DELL
Dell Technologies

Dell Technologies (DELL) stock hit day 5 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -8.4% return. The company has lost about $9.1 Bil in value over the last 5 days, with its current market capitalization at about $99 Bil. The stock remains 29.6% above its value at the end of 2024. This compares with year-to-date returns of 14.4% for the S&P 500.

Dell Technologies’ recent streak saw investors take profits, momentarily overshadowing the tech giant’s compelling AI narrative. Despite a robust $11.7 billion AI server backlog and a significant $5.8 billion GPU deal secured in early November, the market briefly paused, diverging from the long-term optimism fueled by Dell’s elevated financial outlook. For quick background: DELL provides infrastructure solutions, client devices, and software, supporting hybrid cloud, modern applications, networking, security, and digital workspaces through its multiple business segments.

What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact. Our take: There is a near-equal mix of good and bad in DELL stock given its overall Moderate operating performance and financial condition. This is aligned with the stock’s Moderate valuation because of which we think it is Fairly Priced. Deep dive with Buy or Sell DELL.

Smart investing isn’t about stock picking or prediction, it’s about asset allocation. See how Trefis’ Boston-based, wealth management partner does it. It has included High Quality Portfolio as part of its asset allocation strategy.

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Comparing DELL Stock Returns With The S&P 500

The following table summarizes the return for DELL stock vs. the S&P 500 index over different periods, including the current streak:
 

Return Period DELL S&P 500
1D -1.7% 0.1%
5D (Current Streak) -9.5% -1.6%
1M (21D) -5.6% -0.1%
3M (63D) 6.4% 5.6%
2024 53.0% 23.3%
2022 -26.6% -19.4%
YTD 2025   14.4%
2023   24.2%

 
Take a look at what history tells you about whether past dips like this have been buying opportunities or traps: DELL Dip Buyer Analysis.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 72 S&P constituents with 3 days or more of consecutive gains and 23 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 42 8
4D 22 6
5D 5 7
6D 1 1
7D or more 2 1
Total >=3 D 72 23

 
 
Key Financials for Dell Technologies (DELL)

Last 2 Fiscal Years:

Metric FY2024 FY2025
Revenues $88.4 Bil $95.6 Bil
Operating Income $5.4 Bil $6.2 Bil
Net Income $3.4 Bil $4.6 Bil

Last 2 Fiscal Quarters:

Metric 2026 FQ1 2026 FQ2
Revenues $23.4 Bil $29.8 Bil
Operating Income $1.2 Bil $1.8 Bil
Net Income $965.0 Mil $1.2 Bil

 
The losing streak DELL stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.