COMPILED BY GEMINI 3.1

Dell Technologies (DELL) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$113.50 per share
Current Price $31.50
Margin of Safety 260.3%
UNDERVALUED

My Assumptions & Rationale

FCF Growth Rate (Y1-Y5)
10.0%

" data-astro-cid-opmm2ok3> Dell is seeing explosive demand for AI servers, but standard PC and storage markets remain cyclical. A 10% FCF growth rate balances the AI supercycle with potential headwinds in core legacy infrastructure.

Discount Rate (WACC)
10.0%

" data-astro-cid-opmm2ok3> Dell is seeing explosive demand for AI servers, but standard PC and storage markets remain cyclical. A 10% FCF growth rate balances the AI supercycle with potential headwinds in core legacy infrastructure.

Terminal Growth Rate
10.0%

" data-astro-cid-opmm2ok3> Dell is seeing explosive demand for AI servers, but standard PC and storage markets remain cyclical. A 10% FCF growth rate balances the AI supercycle with potential headwinds in core legacy infrastructure.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 9.0%9.5%10.0%10.5%11.0%
9.0% $113.50 $113.50 $113.50 $113.50 $113.50
9.5% $113.50 $113.50 $113.50 $113.50 $113.50
10.0% $113.50 $113.50 $113.50 $113.50 $113.50
10.5% $113.50 $113.50 $113.50 $113.50 $113.50
11.0% $113.50 $113.50 $113.50 $113.50 $113.50

Undervalued vs current price Overvalued vs current price

Frequently Asked Questions

Why use DCF instead of a P/E multiple?

Westmount Research. "Dell Technologies (DELL) Intrinsic Value: A DCF Analysis." westmountfundamentals.com, March 18, 2026.

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.