** Dell Technologies' DELL.N shares fall 2.3% to $105.35 premarket
** The laptop maker expects its annual adjusted gross margin rate to decline about 100 basis points in FY26
** Co forecast annual revenue between $101 bln and $105 bln, compared with analysts' average estimate of $103.17 bln, according to data compiled by LSEG
** Expects annual adj profit of $9.30 per share vs estimates of $9.23 per share - LSEG
** DELL's PC business lagged amid soft demand
** Co reports Q4 adj EPS of $2.68, beating estimates of EPS $2.53 - LSEG
** Separately on Thursday, research firm International Data Corporation lowered its traditional PC forecast for 2025 and beyond, driven by U.S. tariffs on China and weakening market sentiment
** Up to last close, DELL lost 6.4% YTD
(Reporting by Sanchayaita Roy in Bengaluru)
((sanchayaita.roy@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.