Dell Technologies (NYSE:DELL) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says

Dell Technologies (NYSE:DELL) had its price target upped by analysts at Sanford C. Bernstein from $280.00 to $500.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Sanford C. Bernstein’s price target would suggest a potential upside of 17.61% from the stock’s previous close.

A number of other brokerages have also commented on DELL. Mizuho boosted their price target on Dell Technologies from $215.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Wall Street Zen lowered Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Zacks Research upgraded Dell Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Bank of America restated a “buy” rating on shares of Dell Technologies in a report on Friday. Finally, Melius Research set a $565.00 price target on shares of Dell Technologies in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $324.45.

Dell Technologies Stock Up 34.1%

Shares of DELL stock opened at $425.13 on Friday. Dell Technologies has a 12-month low of $106.38 and a 12-month high of $428.68. The firm has a fifty day moving average of $211.39 and a 200-day moving average of $157.54. The company has a market capitalization of $274.53 billion, a price-to-earnings ratio of 48.45, a P/E/G ratio of 1.12 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The firm’s revenue was up 87.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.55 EPS. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. On average, equities analysts expect that Dell Technologies will post 12.21 EPS for the current year.

Insider Buying and Selling

In related news, Director V (Gp) L.L.C. Slta sold 382,000 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.81, for a total value of $67,541,420.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider William F. Scannell sold 143,067 shares of Dell Technologies stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the transaction, the insider directly owned 21,779 shares of the company’s stock, valued at approximately $3,593,535. This trade represents a 86.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 3,571,688 shares of company stock valued at $576,654,105. Insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

Hedge funds have recently modified their holdings of the stock. Commonwealth Retirement Investments LLC acquired a new position in Dell Technologies in the 4th quarter valued at about $25,000. Rossby Financial LCC boosted its holdings in shares of Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after acquiring an additional 184 shares during the period. Navalign LLC acquired a new position in shares of Dell Technologies in the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. acquired a new position in shares of Dell Technologies in the fourth quarter valued at approximately $29,000. Finally, WealthCollab LLC increased its stake in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Key Stories Impacting Dell Technologies

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Dell posted fiscal Q1 revenue of $43.8 billion, up 88% year over year, while adjusted EPS of $4.86 easily beat estimates; management also raised full-year revenue guidance to $165 billion-$169 billion and said AI-optimized server revenue could reach about $60 billion in FY2027. Article Title
• Positive Sentiment: The company also won a roughly $9.7 billion Pentagon software contract, adding another catalyst and reinforcing confidence in Dell’s enterprise and government business. Article Title
• Positive Sentiment: Analysts turned more constructive after the report, with Susquehanna upgrading Dell to “positive” and other firms lifting price targets as they cited stronger AI demand and a long runway for growth. Article Title
• Neutral Sentiment: Management said demand is not the main constraint — supply is — as chip and memory shortages continue to limit how quickly Dell can fulfill AI server orders. Article Title

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.