DELL vs WDC: Which Is the Better Buy?
Side-by-side comparison of Dell Technologies Inc. and Western Digital Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-08-06.
Dell Technologies Inc. · Technology
$450.22
-13.0% upside to fair value
Grade D
VS
Western Digital Corporation · Technology
$519.17
-28.7% upside to fair value
Med Conviction
Grade C+
QuantHub Verdict
DELL has more upside to fair value
(-13.0%).
WDC trades at a lower forward P/E
(27.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
DELL |
WDC |
| Current Price |
$450.22 |
$519.17 |
| Fair Value Estimate |
$391.48 |
$370.00 |
| Upside to Fair Value |
-13.0%
|
-28.7%
|
| Market Cap |
$299.1B |
$178.9B |
| Forward P/E |
35.2x
|
27.8x
|
| EV / EBITDA |
22.9x
|
37.3x
|
| Price / Sales |
2.2x
|
13.9x
|
| Price / FCF |
31.7x
|
51.0x
|
| Revenue Growth YoY |
+87.5%
|
+35.7%
|
| Gross Margin |
19.2%
|
48.9%
|
| Operating Margin |
8.0%
|
34.9%
|
| Return on Equity |
-363.2%
|
43.4%
|
| Dividend Yield |
0% |
0.1% |
| FCF Yield |
3.16%
|
2.0%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Dell Technologies Inc. operates in the technology sector focusing on computer hardware, delivering strong revenue and earnings growth in the most recent quarter with 87.5% and 256.3% year-over-year increases respectively. Despite these impressive growth metrics and a solid operating margin of 8.0%, the company is currently overvalued with its stock trading 13% above the fair value estimate of $39…
Western Digital is now a pure-play, duopoly hard-disk-drive manufacturer, having spun off its NAND flash business as SanDisk in February 2025 and sold its remaining SanDisk stake for $3.1 billion in February 2026. It is riding the same AI-storage supercycle as SanDisk and Micron, but from the mass-capacity nearline HDD side: hyperscalers are buying every high-capacity drive WDC can make for AI da…
Accumulation Zones
| Metric |
DELL |
WDC |
| Zone Low |
$293.61 |
$278.00 |
| Zone High |
$332.76 |
$315.00 |
| In Buy Zone? |
No
|
No
|