Dell Technologies (NYSE:DELL) Reaches New 1-Year High – Still a Buy?

Dell Technologies Inc. (NYSE:DELL)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $568.67 and last traded at $557.18, with a volume of 3326381 shares trading hands. The stock had previously closed at $534.28.

Dell Technologies News Summary

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

• Positive Sentiment: Positive CFO commentary: CFO David Kennedy’s remarks at Citi’s TMT Conference renewed investor interest in Dell’s AI infrastructure opportunity and helped support the shares. Why Is Dell Stock Rising Today, Sept. 15?
• Positive Sentiment: Analyst upside potential: One analyst argues that Dell could gain at least another 20%, citing strengthening quarterly results and a broader AI-related growth opportunity. Dell’s recent quarter significantly exceeded expectations, with revenue up 57.7% year over year and EPS well above consensus. Why 1 Analyst Is Betting That DELL Stock Can Gain at Least Another 20% From Here
• Positive Sentiment: AI demand remains the core catalyst: Investors continue to view Dell as a major supplier of servers for AI data centers. Articles highlight agentic AI-driven server demand, strong analyst sentiment and the stock’s recent record-high performance. Dell Technologies Stock Hits a New All-Time High
• Neutral Sentiment: Debt refinancing: Dell is reportedly seeking approximately $4 billion through an investment-grade bond offering, primarily to refinance debt maturing in 2026. The transaction could improve maturity management, although it adds financing-market exposure. Dell Seeks $4 Billion as AI Boom Fuels Growth and Debt Management
• Negative Sentiment: Key risks remain: Investors are questioning whether AI infrastructure spending can maintain its pace, while recent insider stock sales and Dell’s steep rally increase profit-taking and valuation risks. The broader AI-hardware selloff shows the stock remains sensitive to sector sentiment. Dell Stock Tumbles as Fresh AI Warning Sparks Tech Selloff

Analysts Set New Price Targets

A number of research firms recently weighed in on DELL. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Morgan Stanley boosted their price target on Dell Technologies from $434.00 to $499.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 2nd. Loop Capital raised their price objective on Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Argus boosted their target price on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. upped their target price on Dell Technologies from $565.00 to $635.00 and gave the company an “overweight” rating in a report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $560.24.

Dell Technologies Stock Up 2.7%

The stock has a fifty day moving average price of $453.91 and a two-hundred day moving average price of $327.82. The company has a market capitalization of $355.67 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 0.59 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The firm’s quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.70 EPS. 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. As a group, research analysts forecast that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.

Insider Buying and Selling

In other news, Director Silver Lake Partners Iv, L.P. sold 1,900 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $534.45, for a total transaction of $1,015,455.00. Following the completion of the transaction, the director owned 1,397,035 shares of the company’s stock, valued at $746,645,355.75. This represents a 0.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jennifer Saavedra sold 25,251 shares of the firm’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 transaction of $13,130,520.00. Following the completion of the sale, the insider directly owned 296,891 shares in the company, valued at $154,383,320. This represents a 7.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,412,945 shares of company stock worth $686,463,063 over the last ninety days. Insiders own 41.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in DELL. Revere Asset Management Inc purchased a new position in shares of Dell Technologies in the 2nd quarter worth about $5,524,000. Sequoia Financial Advisors LLC increased its position in Dell Technologies by 4.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 50,146 shares of the technology company’s stock worth $21,636,000 after purchasing an additional 2,176 shares in the last quarter. MCF Advisors LLC raised its holdings in Dell Technologies by 4.4% in the second quarter. MCF Advisors LLC now owns 2,377 shares of the technology company’s stock valued at $1,026,000 after buying an additional 100 shares during the period. Archford Capital Strategies LLC acquired a new position in Dell Technologies during the second quarter valued at approximately $1,214,000. Finally, Gemmer Asset Management LLC purchased a new stake in Dell Technologies during the second quarter worth approximately $274,000. 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.