DELL
Dell Technologies Inc.
DELL has the edge over UBER overall, supported by stronger modeled upside and lower modeled downside.
UBER
Uber Technologies, Inc.
UBER's outlook is improving, though it still trails on the overall score.
DELL Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Healthy | |
| Healthy |
DELL's revenue, profitability, cash flow and balance sheet are all currently healthy.
UBER Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Healthy |
UBER's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
DELL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $187 | -50% |
| Forward | 12x | $371 | — |
| Fair | 18x | $313 | -16% |
| Current | 22x | $371 | — |
| Expensive | 26x | $444 | +20% |
Historical ranges are pointers, not guarantees.
DELL has the edge over UBER in the historical PE scenario, which offers more potential upside but is not a forecast.
UBER PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $26.01 | -62% |
| Fair | 17x | $29.70 | -57% |
| Forward | 17x | $69.12 | — |
| Current | 40x | $69.12 | — |
| Expensive | 93x | $160 | +131% |
Historical ranges are pointers, not guarantees.
UBER's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 17x next year's earnings, in its fair range.
DELL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for DELL, with profitability improving. However, they disagree widely on these estimates.
UBER Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for UBER, with profitability improving. However, they disagree widely on these estimates.
DELL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $29.83 | +74% |
| Q3 2026 | $17.19 | +153% |
| Q2 2026 | $12.55 | +100% |
| Q1 2026 | $8.68 | +40% |
| Q4 2025 | $7.50 | +33% |
| Q3 2025 | $6.80 | +25% |
| Q2 2025 | $6.27 | +28% |
| Q1 2025 | $6.22 | +43% |
| Q4 2024 | $5.65 | +55% |
DELL's earnings per share have climbed steadily: $17.19 over the past year, up 153% from the year before, and higher year over year for 12 quarters in a row.
UBER Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.07 | +138% |
| Q3 2026 | $1.71 | -78% |
| Q2 2026 | $4.57 | -22% |
| Q1 2026 | $4.03 | -29% |
| Q4 2025 | $4.73 | +3.7% |
| Q3 2025 | $7.78 | +285% |
| Q2 2025 | $5.87 | +538% |
| Q1 2025 | $5.71 | +806% |
| Q4 2024 | $4.56 | +424% |
UBER's earnings per share have fallen from their peak: $1.71 over the past year, against $7.78 in late 2025.
DELL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $47B | +58% |
| Q2 2026 | $43.8B | +88% |
| Q1 2026 | $33.4B | +39% |
| Q4 2025 | $27B | +11% |
| Q3 2025 | $29.8B | +19% |
| Q2 2025 | $23.4B | +5.1% |
| Q1 2025 | $23.9B | +7.2% |
| Q4 2024 | $24.4B | +9.5% |
DELL's revenue has grown year over year for 10 quarters in a row: $47B last quarter, up 58% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +5.5 points |
| Q2 2026 | 8.3% | +3.4 points |
| Q1 2026 | 9.3% | +0.2 points |
| Q4 2025 | 7.8% | +1 points |
| Q3 2025 | 6% | +0.6 points |
| Q2 2025 | 5% | +0.8 points |
| Q1 2025 | 9% | +2.3 points |
| Q4 2024 | 6.8% | +0.2 points |
DELL has the edge over UBER on profitability, with a higher operating margin.
UBER Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $14.8B | +9.6% |
| Q2 2026 | $14.2B | +12% |
| Q1 2026 | $13.2B | +14% |
| Q4 2025 | $14.4B | +20% |
| Q3 2025 | $13.5B | +20% |
| Q2 2025 | $12.7B | +18% |
| Q1 2025 | $11.5B | +14% |
| Q4 2024 | $12B | +20% |
UBER has the edge over DELL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.8% | +1.5 points |
| Q2 2026 | 13% | +1.9 points |
| Q1 2026 | 15% | +3.9 points |
| Q4 2025 | 12% | +5.9 points |
| Q3 2025 | 8.3% | -1.2 points |
| Q2 2025 | 11% | +4 points |
| Q1 2025 | 11% | +9 points |
| Q4 2024 | 6.4% | -0.1 points |
UBER's operating margin was 9.8% last quarter, up 1.5 points from the same quarter a year ago.
DELL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $986M | -47% |
| Q2 2026 | $3.1B | +40% |
| Q1 2026 | $4B | +$4.1B |
| Q4 2025 | $503M | -45% |
| Q3 2025 | $1.9B | +184% |
| Q2 2025 | $2.2B | +398% |
| Q1 2025 | -$150M | -119% |
| Q4 2024 | $914M | -37% |
DELL still generates free cash flow, though less than at its 2021 peak: $8.6B over the past year.
UBER Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.5B | +14% |
| Q2 2026 | $2.8B | +13% |
| Q1 2026 | $2.3B | +1.6% |
| Q4 2025 | $2.8B | +65% |
| Q3 2025 | $2.2B | +5.7% |
| Q2 2025 | $2.5B | +44% |
| Q1 2025 | $2.3B | +66% |
| Q4 2024 | $1.7B | +122% |
UBER has the edge over DELL on cash flow, with more consistent year-over-year improvement.
DELL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -4M shares |
| 1 year | -5% | -34M shares |
| 3 years | -12% | -86M shares |
| 5 years | -58% | -899M shares |
| Available history | -56% | -828M shares |
DELL has the edge over UBER on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.8B |
| Q2 2026 | $1.6B |
| Q1 2026 | $1.8B |
| Q4 2025 | $1.2B |
| Q3 2025 | $940M |
| Q2 2025 | $2B |
| Q1 2025 | $734M |
| Q4 2024 | $429M |
DELL spent $8.5B buying back its own shares over the past year, up 109% from the year before.
UBER Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +99K shares |
| 1 year | -3.5% | -74.1M shares |
| 3 years | -2.8% | -58.2M shares |
| 5 years | +8% | +151M shares |
| Available history | +19% | +326M shares |
UBER has 2.1B diluted shares, down 3.5% from a year ago, with $6.2B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $750M |
| Q2 2026 | $518M |
| Q1 2026 | $3B |
| Q4 2025 | $1.9B |
| Q3 2025 | $1.5B |
| Q2 2025 | $1.4B |
| Q1 2025 | $1.8B |
| Q4 2024 | $555M |
UBER spent $6.2B buying back its own shares over the past year, up 20% from the year before.
DELL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.3x | Healthy |
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 1.8x | Healthy |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.2x | Moderate |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 2.3x | Moderate |
DELL's net debt is about 1.3 years of its operating earnings (EBITDA), down from 2.1 years a year ago.
UBER Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.8x | Very low |
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 1.0x | Healthy |
UBER has the edge over DELL on leverage, with a lower net debt burden relative to earnings.
DELL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.4 | Neutral |
| Stochastic | 17.5 | Oversold |
DELL's weekly RSI is 45 (neutral) and its Stochastic is 18 (oversold).
UBER Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.3 | Neutral |
| Stochastic | 19.7 | Oversold |
UBER's weekly RSI is 45 (neutral) and its Stochastic is 20 (oversold).
DELL PE vs Technology Sector
| Metric | DELL | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 28x | 23% below |
| PE % | 66 | 35 | 31 pts above |
DELL has the edge over UBER on valuation relative to its sector.
UBER PE vs Technology Sector
| Metric | UBER | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 45% above |
| PE % | 68 | 35 | 33 pts above |
UBER is trading at 40x earnings, a 45% premium to the Technology sector's median of 28x.
DELL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $468.0 | 21% below |
| 20 week MA | $465.7 | 20% below |
| 50 week MA | $307.3 | 21% above |
| 100 week MA | $212.9 | 74% above |
| 200 week MA | $149.7 | 148% above |
DELL has the edge over UBER on trend strength, trading above more of its moving averages.
UBER Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $68.7 | 0.7% above |
| 20 week MA | $71.7 | 3.6% below |
| 50 week MA | $74.4 | 7.1% below |
| 100 week MA | $78.9 | 12% below |
| 200 week MA | $67.9 | 1.8% above |
UBER's trend is mixed: it's above two of its five weekly moving averages, and 1.8% above its 200-week average.
DELL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.8 | $37.0 | +43% |
| 2021 | $37.0 | $55.9 | +51% |
| 2022 | $55.9 | $39.1 | -30% |
| 2023 | $39.1 | $76.5 | +96% |
| 2024 | $76.5 | $117.3 | +53% |
| 2025 | $117.3 | $129.2 | +10% |
| 2026 YTD | $129.2 | $371.2 | +187% |
DELL has the edge over UBER on returns for 2026, with the stronger performance.
UBER Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.2 | $52.9 | +75% |
| 2021 | $52.9 | $43.9 | -17% |
| 2022 | $43.9 | $24.6 | -44% |
| 2023 | $24.6 | $61.6 | +150% |
| 2024 | $61.6 | $61.1 | -0.7% |
| 2025 | $61.1 | $81.3 | +33% |
| 2026 YTD | $81.3 | $69.1 | -15% |
UBER's yearly returns have swung widely, from +150% in 2023 to −44% in 2022. It's down 15% so far in 2026.