Dell Technologies (NYSE:DELL) Shares Gap Down – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $124.16, but opened at $117.50. Dell Technologies shares last traded at $117.6860, with a volume of 1,826,689 shares changing hands.

More Dell Technologies News

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

• Positive Sentiment: Analyst bullish case — The Motley Fool piece argues Dell is well-positioned to benefit from an accelerating enterprise spending cycle (servers, storage, AI infrastructure), giving a buy thesis that can support upside expectations. 1 Reason to Buy Dell Technologies Stock Like There’s No Tomorrow
• Neutral Sentiment: Upcoming earnings call — Dell will report FYQ4 and full‑fiscal‑2026 results and host a webcast Feb. 26; that event is the near‑term catalyst that should drive volatility and guide near‑term stock direction. Dell Technologies to Hold Conference Call Feb. 26 to Discuss Fourth Quarter and Full Fiscal 2026 Financial Results
• Neutral Sentiment: Local HQ renovation filed — A planned $8M renovation at Dell’s Round Rock headquarters signals capex on facilities/expansion but has limited direct impact on near‑term earnings. Project filed for $8M renovations at Dell HQ in Round Rock
• Negative Sentiment: Peer outlook drag — Cisco’s softer profit‑margin outlook knocked down shares of server/storage peers (including Dell), highlighting how conservative guidance from large customers/vendors can pressure sentiment across the hardware supply chain. Cisco profit margin outlook sends down Dell, HPE, Arista, NetApp shares
• Negative Sentiment: Short‑term selloff/volatility — Broader AI‑related profit‑taking hit tech leaders and executives’ paper wealth, contributing to intraday weakness and greater volatility in stocks exposed to AI infrastructure and services. 5 tech bosses took a combined $26 billion wealth hit in Thursday’s AI sell-off
• Negative Sentiment: Employee pay‑plan concerns — Dell’s rollout of a new sales compensation structure has raised worries among some reps that it could reduce pay and affect sales execution, a potential near‑term operational risk if it impacts retention or productivity. Dell is rolling out a new sales pay structure. Some employees worry it’ll slash their income.
• Negative Sentiment: Recent underperformance note — Market writeups flagged that Dell underperformed the broader market in intraday trade, reflecting the combination of peer guidance, AI volatility and company‑specific stories. Dell Technologies Inc. Cl C stock falls Thursday, underperforms market

Analyst Ratings Changes

Several research firms have weighed in on DELL. Barclays raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $148.00 price target on the stock in a report on Thursday, January 15th. Wall Street Zen lowered shares of Dell Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reissued a “hold (c+)” rating on shares of Dell Technologies in a research note on Wednesday, January 21st. Zacks Research lowered Dell Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Evercore set a $180.00 price objective on shares of Dell Technologies and gave the company an “outperform” rating in a research note on Monday, November 3rd. Seventeen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $161.26.

Dell Technologies Stock Up 4.1%

The company’s fifty day simple moving average is $123.27 and its 200 day simple moving average is $132.70. The firm has a market capitalization of $77.84 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 0.65 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. The business had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.15 earnings per share. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. Equities research analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 20th were paid a $0.525 dividend. The ex-dividend date was Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.8%. Dell Technologies’s payout ratio is presently 28.00%.

Insiders Place Their Bets

In other news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the transaction, the director owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC grew its stake in shares of Dell Technologies by 36.3% during the 4th quarter. Kestra Advisory Services LLC now owns 109,158 shares of the technology company’s stock valued at $13,741,000 after purchasing an additional 29,076 shares during the period. Marshall Wace LLP raised its stake in shares of Dell Technologies by 107.5% in the fourth quarter. Marshall Wace LLP now owns 21,558 shares of the technology company’s stock worth $2,714,000 after buying an additional 308,458 shares during the period. 1248 Management LLC bought a new position in shares of Dell Technologies in the fourth quarter worth approximately $46,000. Johnson Investment Counsel Inc. increased its stake in Dell Technologies by 2.7% in the 4th quarter. Johnson Investment Counsel Inc. now owns 5,801 shares of the technology company’s stock worth $730,000 after buying an additional 155 shares in the last quarter. Finally, Quinn Opportunity Partners LLC purchased a new stake in shares of Dell Technologies during the fourth quarter worth about $3,776,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

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.