Dell Technologies (NYSE:DELL) Price Target Raised to $500.00

Dell Technologies (NYSE:DELL) had its price target hoisted by investment analysts at TD Cowen from $450.00 to $500.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a “hold” rating on the technology company’s stock. TD Cowen’s price target would indicate a potential upside of 18.33% from the stock’s current price.

A number of other equities analysts have also weighed in on DELL. Sanford C. Bernstein reissued an “outperform” rating on shares of Dell Technologies in a research report on Wednesday. Raymond James Financial reiterated an “outperform” rating and issued a $617.00 price target on shares of Dell Technologies in a research note on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. Citic Securities lifted their target price on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Finally, Susquehanna set a $289.00 price target on Dell Technologies and gave the company a “neutral” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $518.68.

Dell Technologies Stock Down 7.3%

Shares of NYSE DELL opened at $422.54 on Wednesday. The firm has a market cap of $273.85 billion, a P/E ratio of 33.56, a PEG ratio of 0.94 and a beta of 1.34. Dell Technologies has a twelve month low of $110.22 and a twelve month high of $514.00. The company has a 50 day moving average of $433.44 and a 200 day moving average of $301.96.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.70 EPS. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. As a group, equities analysts expect that Dell Technologies will post 18.32 earnings per share for the current fiscal year.

Insider Activity at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 131,040 shares of Dell Technologies stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $52,170,955.20. Following the transaction, the director owned 12,619 shares in the company, valued at $5,024,002.47. This trade represents a 91.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $398.13, for a total value of $55,294,285.05. Following the completion of the sale, the director owned 8,585 shares of the company’s stock, valued at $3,417,946.05. This trade represents a 94.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,134,674 shares of company stock worth $870,637,926 over the last quarter. Insiders own 41.50% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DELL. Cornerstone Financial Management LLC lifted its position in shares of Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after acquiring an additional 23 shares in the last quarter. Triumph Capital Management grew its position in shares of Dell Technologies by 2.3% during the second quarter. Triumph Capital Management now owns 1,405 shares of the technology company’s stock worth $606,000 after purchasing an additional 32 shares in the last quarter. Accel Wealth Management raised its stake in Dell Technologies by 2.8% during the 2nd quarter. Accel Wealth Management now owns 1,421 shares of the technology company’s stock valued at $613,000 after purchasing an additional 39 shares during the period. Ariadne Wealth Management LP raised its stake in Dell Technologies by 1.6% during the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after purchasing an additional 49 shares during the period. Finally, Bell Investment Advisors Inc lifted its holdings in Dell Technologies by 19.3% in the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock worth $53,000 after purchasing an additional 52 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

More Dell Technologies News

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

• Positive Sentiment: AI infrastructure demand remains exceptionally strong. Fiscal Q2 revenue rose 57.7% year over year to $46.97 billion, while EPS of $7.04 exceeded the roughly $4.91 consensus estimate. AI-optimized server revenue doubled to $16.4 billion, and AI-server orders reached a record $60.9 billion. Dell again lifts forecasts as AI demand powers record results
• Positive Sentiment: Management sharply raised its outlook. Dell lifted fiscal 2027 revenue guidance to $192 billion from $167 billion and adjusted EPS guidance to $25.50 from $17.90. Third-quarter guidance of $49 billion in revenue and $6.50 EPS also stands well above analyst expectations. Dell surges after lifting fiscal 2027 forecast on AI server strength
• Positive Sentiment: The $95 billion backlog improves revenue visibility. Analysts have upgraded their views and raised price targets, including Morgan Stanley, which increased its target to $499 while retaining an equal-weight rating. Dell shares rise as demand jumps for AI servers
• Neutral Sentiment: Dell announced a new Dell 14S laptop with up to 21 hours of battery life, targeting students and value-focused consumers. The launch supports the client business but is much less significant to the stock than the AI-server results. Meet the Dell 14S
• Negative Sentiment: Macro and valuation risks are limiting the reaction. Rising 10-year Treasury yields and crude oil above $90, amid renewed U.S.-Iran tensions, are pressuring high-growth technology shares. After a substantial year-to-date rally, Dell’s premium valuation leaves less room for execution missteps, while supply constraints and memory costs could pressure AI-server margins.

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.