Dell Technologies (NYSE:DELL) Trading 3.7% Higher – Still a Buy?

Dell Technologies Inc. (NYSE:DELL)’s stock price traded up 3.7% during trading on Friday . The company traded as high as $455.88 and last traded at $453.7070. Approximately 5,110,308 shares were traded during trading, a decline of 39% from the average session volume of 8,378,461 shares. The stock had previously closed at $437.65.

Dell Technologies News Roundup

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

• Positive Sentiment: Investors continue to point to Dell’s AI-server momentum, including reported contract wins tied to the Volta AI factory and Texas A&M’s IGNITE platform. The company’s latest results also showed record revenue, strong AI-optimized server sales and a substantial AI order pipeline. Dell Technologies Could Be 4% Below Fair Value on AI Infrastructure Wins
• Positive Sentiment: Analyst sentiment remains broadly favorable, with recent price targets generally above the current trading range and a reported median target of $500. Optimism centers on enterprise IT spending and demand for AI servers, while partnerships with Nvidia, AMD and Microsoft reinforce Dell’s competitive positioning. Is Dell Technologies a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: A broader view from Barchart argues that Dell’s long-term growth opportunity remains intact despite its major rally, citing rising enterprise technology spending as a foundation for further expansion. After a 250% Rally, Dell Stock Still Has Room to Run
• Neutral Sentiment: Dell’s collaboration with Nokia and Nvidia on AI-powered radio access networks and future 6G connectivity adds strategic visibility, although the initiative is primarily a Nokia-focused announcement and its direct financial impact on Dell is not yet clear. Nokia Launches AI RAN Platform
• Negative Sentiment: Seeking Alpha downgraded Dell, arguing that the business is strong but the stock is now fully valued following its steep advance. This valuation concern could encourage profit-taking near the stock’s highs. Dell: Great Business, Full Price
• Negative Sentiment: Weakness in a major AI-server peer triggered a sector-wide reassessment, pressuring Dell on concerns that AI hardware demand or near-term orders could disappoint. Dell’s next earnings report is scheduled for September 3, leaving the stock sensitive to peer results and industry commentary. Dell Slips as Peer Earnings Pressure AI Server Trade
• Negative Sentiment: Investor’s Business Daily highlighted a failed breakout and discussed exiting the trade, signaling short-term technical risk after Dell’s rapid run-up. Extensive recent insider selling may add to concerns about profit-taking, even though it does not necessarily indicate deteriorating fundamentals. Exiting Gracefully on Opening Bell Disasters

Analysts Set New Price Targets

DELL has been the subject of a number of research analyst reports. Roth Capital assumed coverage on Dell Technologies in a report on Friday, May 29th. They issued a “buy” rating for the company. Evercore restated an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, July 8th. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Morgan Stanley increased their target price on shares of Dell Technologies from $448.00 to $477.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Finally, Truist Financial raised their price target on shares of Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $494.67.

Dell Technologies Trading Up 3.7%

The firm has a market capitalization of $294.05 billion, a price-to-earnings ratio of 36.04, a PEG ratio of 0.97 and a beta of 1.33. The business has a 50-day moving average price of $417.22 and a two-hundred day moving average price of $260.25.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the prior year, the business earned $1.55 EPS. The firm’s revenue was up 87.5% on a year-over-year basis. 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 research analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were given a dividend of $0.63 per share. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio is currently 20.02%.

Insider Activity

In other Dell Technologies news, Director Lake Group L.L.C. Silver sold 16,679 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $396.37, for a total value of $6,611,055.23. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Spv-2 L.P. Sl sold 59,492 shares of Dell Technologies stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the sale, the director directly owned 89,222 shares in the company, valued at approximately $40,465,745.88. This trade represents a 40.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,434,758 shares of company stock worth $1,448,870,683 in the last 90 days. 41.50% of the stock is currently owned by insiders.

Institutional Trading of Dell Technologies

Large investors have recently added to or reduced their stakes in the business. Foster & Motley Inc. bought a new stake in Dell Technologies during the 2nd quarter valued at $21,702,000. Commerzbank Aktiengesellschaft FI bought a new position in shares of Dell Technologies in the second quarter worth $529,000. Trust Co. of Vermont acquired a new position in shares of Dell Technologies during the second quarter valued at $203,000. Plato Investment Management Ltd bought a new stake in shares of Dell Technologies during the second quarter valued at about $5,913,000. Finally, First Community Trust NA lifted its holdings in Dell Technologies by 74.2% in the second quarter. First Community Trust NA now owns 364 shares of the technology company’s stock worth $157,000 after purchasing an additional 155 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

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.