DELL · PEAD ↑ 80

Dell Technologies reported Q2 FY2027 EPS of $6.76 on 2026-09-01, beating the $4.72 consensus by $2.04 (+43.2%).

Print-day reaction was -6.8% versus the prior close, an initial sell-the-news move despite the substantial EPS beat. The overnight gap to the T+1 open reversed sharply, adding +8.7% and signalling that after-hours sentiment swung decisively in favor of the result. Over the following two trading days, price continued to drift higher by +6.5%, compounding the overnight reversal with no give-back. Cumulative abnormal return of +14.5% versus SPY.US firmly establishes a PEAD long read; per the documented drift pattern, the holding window runs through 2026-11-27.