Dell Technologies (NYSE:DELL) Price Target Raised to $500.00 at Raymond James Financial

Dell Technologies (NYSE:DELL) had its target price increased by Raymond James Financial from $182.00 to $500.00 in a research note issued on Friday,MarketScreener reports. The brokerage presently has an “outperform” rating on the technology company’s stock. Raymond James Financial’s price target points to a potential upside of 18.93% from the company’s previous close.

Several other brokerages have also commented on DELL. Evercore upped their target price on Dell Technologies from $240.00 to $270.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. TD Cowen raised their price objective on shares of Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a research report on Friday. Zacks Research upgraded shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Sanford C. Bernstein raised their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Loop Capital upped their price objective on shares of Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $370.33.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded up $103.37 during trading on Friday, reaching $420.42. The stock had a trading volume of 11,319,612 shares, compared to its average volume of 8,145,133. Dell Technologies has a 52 week low of $106.38 and a 52 week high of $428.68. The firm’s fifty day moving average is $211.39 and its 200 day moving average is $157.54. The stock has a market cap of $271.49 billion, a price-to-earnings ratio of 48.15, a P/E/G ratio of 1.12 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The business had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same quarter in the previous year, the business earned $1.55 earnings per share. Dell Technologies’s revenue for the quarter 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, research analysts forecast that Dell Technologies will post 12.21 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the transaction, the director owned 65,662 shares of the company’s stock, valued at $9,529,526.06. The trade was a 69.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 3,571,688 shares of company stock worth $576,654,105. 41.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DELL. Commonwealth Retirement Investments LLC purchased a new stake in Dell Technologies in the 4th quarter valued at about $25,000. Rossby Financial LCC increased its position 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 valued at $26,000 after acquiring an additional 184 shares during the last quarter. Portus Wealth Advisors LLC bought a new stake in Dell Technologies during the first quarter worth $35,000. Kemnay Advisory Services Inc. purchased a new position in Dell Technologies in the fourth quarter worth $29,000. Finally, Navalign LLC bought a new position in Dell Technologies in the 4th quarter valued at $29,000. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies News Roundup

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

About Dell Technologies

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.