Dell Technologies (NYSE:DELL) Rating Lowered to “Hold” at Wall Street Zen

Dell Technologies (NYSE:DELL) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other analysts have also commented on DELL. JPMorgan Chase & Co. raised their price objective on Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, November 17th. Argus lifted their price target on shares of Dell Technologies from $150.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. UBS Group cut their price target on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Dbs Bank raised shares of Dell Technologies to a “moderate buy” rating in a report on Monday, January 5th. Finally, Susquehanna lifted their target price on shares of Dell Technologies from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, October 8th. Eighteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and a consensus price target of $161.79.

Dell Technologies Stock Performance

DELL opened at $120.50 on Friday. The company has a fifty day moving average of $128.72 and a two-hundred day moving average of $134.08. The stock has a market capitalization of $79.85 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 0.81 and a beta of 1.03. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $168.08.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. During the same period in the prior year, the company posted $2.15 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. 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. On average, equities research analysts forecast that Dell Technologies will post 6.93 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the completion of the sale, the director owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. This represents a 5.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Armstrong Advisory Group Inc. lifted its position in Dell Technologies by 3.6% during the third quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company’s stock worth $259,000 after buying an additional 63 shares in the last quarter. Flagship Harbor Advisors LLC grew its holdings in Dell Technologies by 1.3% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after buying an additional 71 shares in the last quarter. Westside Investment Management Inc. increased its stake in shares of Dell Technologies by 35.8% in the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after acquiring an additional 78 shares during the last quarter. Pinnacle Associates Ltd. raised its holdings in shares of Dell Technologies by 0.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock worth $3,067,000 after acquiring an additional 78 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its position in shares of Dell Technologies by 2.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company’s stock valued at $504,000 after acquiring an additional 81 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Barclays upgraded Dell, and other brokers (Goldman cited in coverage) called DELL a buy on strong AI-server demand and improving earnings momentum, supporting the rally. Barclays upgrades Dell Technologies (DELL)
• Positive Sentiment: Analyst pieces (Barron’s / 247WallSt summaries) emphasize AI upside, expense discipline and accelerating earnings—factors that underpin buy ratings and investor optimism. Analysts Say Dell Is Becoming an AI Winner. Buy the Stock.
• Neutral Sentiment: Dell showed new consumer and prosumer products at CES (UltraSharp and XPS/Alienware updates) — positive for brand and PC revenue but less material to near-term AI/server earnings. Dell introduces 52-inch 6K UltraSharp and 32-inch QD-OLED monitors at CES 2026
• Neutral Sentiment: Dell circulated an internal memo asking staff to prepare for a major transformation, signaling potential restructuring that could improve long-term margins but adds short-term execution risk. Dell tells staff to get ready for the ‘biggest transformation in company history.’ Read the memo
• Neutral Sentiment: Media quotes from CEO Michael Dell are being circulated (tone-positive) but add little new financial information. Quote of the day by Dell’s CEO Michael Dell
• Neutral Sentiment: Coverage about options activity in Pure Storage (mentioned in MarketBeat) is industry-related but not directly about DELL; it signals investor interest in AI infrastructure broadly. Why Options Traders Are Loading Up on Pure Storage (DELL)
• Negative Sentiment: A Barchart piece flagged margin concerns despite strong AI-server demand, arguing the recent pullback may reflect investor worry about margin pressure—this is weighing on the stock at least temporarily. Dell Stock Drops On Margin Concerns. Is the Pullback a Buying Opportunity?
• Negative Sentiment: A Zacks comparison argues Cisco may be the stronger AI-infrastructure play given networking strength and earnings momentum, highlighting competitive risk for Dell in the AI stack. DELL vs. CSCO: Which AI Infrastructure Stock Is the Better Buy Now?

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.