Brokerages Set Dell Technologies Inc. (NYSE:DELL) Target Price at $556.92

Dell Technologies Inc. (NYSE:DELL) has been given an average recommendation of “Moderate Buy” by the thirty-six brokerages that are currently covering the company, Marketbeat reports. Nine research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $560.24.

DELL has been the topic of a number of research reports. JPMorgan Chase & Co. lifted their target price on shares of Dell Technologies from $565.00 to $635.00 and gave the company an “overweight” rating in a research note on Wednesday, September 2nd. Piper Sandler reaffirmed an “overweight” rating and issued a $558.00 price target (up from $497.00) on shares of Dell Technologies in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on Dell Technologies in a report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 price objective for the company. The Goldman Sachs Group boosted their target price on shares of Dell Technologies from $510.00 to $570.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. Finally, Evercore reaffirmed an “outperform” rating and issued a $650.00 target price on shares of Dell Technologies in a research report on Wednesday.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Royal Bank of Canada initiated coverage with an Outperform rating and a $640 price target. RBC cited enterprise AI investment, compute modernization, storage expansion and PC refresh cycles as drivers that could keep Dell’s results above its long-term targets. RBC initiates Dell coverage
• Positive Sentiment: Oracle’s reported spending plans, including approximately $95 billion in capital expenditures, provided an upbeat read-through for suppliers of AI data-center hardware. Dell is viewed as a major vendor of Nvidia-based servers and related equipment, strengthening investor confidence in its AI opportunity. Dell and HPE benefit from Oracle spending
• Positive Sentiment: Dell’s latest reported quarter showed strong operating momentum: EPS was $7.04 versus a $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. AI-server orders totaled about $60.9 billion, supported by an approximately $95 billion backlog. Dell AI server orders and backlog
• Positive Sentiment: Management commentary that the structural shortage of AI computing capacity could worsen in 2027 reinforces expectations for prolonged demand. Supply shortages affecting Dell also suggest that customer demand remains ahead of available hardware capacity. Dell CEO discusses AI compute shortages
• Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt. The transaction could improve financial flexibility, but investors will monitor borrowing costs, leverage and the company’s ability to convert its backlog into cash flow. Dell bond offering
• Negative Sentiment: Several insiders, including Silver Lake-affiliated entities and Dell’s chief marketing officer, recently sold shares near record levels. The sales may reflect diversification or planned liquidity needs, but they add a modest sentiment headwind. In addition, elevated valuation and potential Federal Reserve rate increases could increase volatility after the stock’s large rally. Dell insider selling

Dell Technologies Stock Up 11.8%

Shares of Dell Technologies stock opened at $566.62 on Thursday. The business has a 50 day moving average of $451.44 and a 200 day moving average of $323.46. Dell Technologies has a 52 week low of $110.22 and a 52 week high of $567.75. The company has a market cap of $367.23 billion, a PE ratio of 32.89, a P/E/G ratio of 0.59 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.70 earnings per share. 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. On average, research analysts anticipate that Dell Technologies will post 25.14 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.4%. Dell Technologies’s payout ratio is presently 14.63%.

Insiders Place Their Bets

In other news, Director Silver Lake Partners Iv, L.P. sold 1,900 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $534.45, for a total value of $1,015,455.00. Following the sale, the director directly owned 1,397,035 shares of the company’s stock, valued at $746,645,355.75. The trade was a 0.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jennifer D. Saavedra sold 25,251 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $520.00, for a total value of $13,130,520.00. Following the completion of the sale, the insider owned 296,891 shares in the company, valued at $154,383,320. The trade was a 7.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,432,945 shares of company stock valued at $694,663,063. Insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors have recently modified their holdings of DELL. California State Teachers Retirement System increased its holdings in Dell Technologies by 41,141.5% in the 2nd quarter. California State Teachers Retirement System now owns 198,605,353 shares of the technology company’s stock worth $85,690,266,000 after buying an additional 198,123,786 shares in the last quarter. Norges Bank bought a new position in Dell Technologies in the fourth quarter worth approximately $607,349,000. Wellington Management Group LLP raised its holdings in Dell Technologies by 4,279.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after purchasing an additional 2,937,137 shares during the period. Invesco Ltd. boosted its position in Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after buying an additional 2,445,854 shares during the period. Finally, Michael & Susan Dell Foundation grew its stake in Dell Technologies by 533.3% in the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after acquiring an additional 2,258,797 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.