Dell Technologies (NYSE:DELL) Stock Price Expected to Rise, Evercore Analyst Says

Dell Technologies (NYSE:DELL) had its target price lifted by analysts at Evercore from $240.00 to $270.00 in a research report issued on Tuesday. The brokerage currently has an “outperform” rating on the technology company’s stock. Evercore’s target price would indicate a potential upside of 13.39% from the stock’s current price.

Several other research firms have also recently issued reports on DELL. Morgan Stanley upped their price objective on Dell Technologies from $101.00 to $110.00 and gave the stock an “underweight” rating in a research report on Tuesday, April 28th. Wall Street Zen cut Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Barclays upped their price objective on Dell Technologies from $148.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Mizuho upped their price objective on Dell Technologies from $215.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. upped their price objective on Dell Technologies from $205.00 to $280.00 and gave the stock an “overweight” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $198.16.

Dell Technologies Price Performance

DELL opened at $238.12 on Tuesday. Dell Technologies has a 12 month low of $106.38 and a 12 month high of $263.99. The stock has a market capitalization of $153.77 billion, a price-to-earnings ratio of 27.31, a PEG ratio of 0.98 and a beta of 0.99. The business has a fifty day moving average price of $190.29 and a 200 day moving average price of $150.48.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, topping the consensus estimate of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same period in the previous year, the firm posted $2.68 EPS. Dell Technologies’s revenue for the quarter was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. On average, research analysts anticipate that Dell Technologies will post 11.9 earnings per share for the current year.

Insider Transactions at Dell Technologies

In related news, COO Jeffrey W. Clarke sold 116,000 shares of the company’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total value of $21,167,680.00. Following the completion of the sale, the chief operating officer directly owned 1,687,414 shares of the company’s stock, valued at $307,919,306.72. This represents a 6.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William F. Scannell sold 143,067 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $165.00, for a total value of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares of the company’s stock, valued at approximately $3,593,535. This trade represents a 86.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 3,571,688 shares of company stock worth $576,654,105. Insiders own 42.00% of the company’s stock.

Institutional Trading of Dell Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in DELL. Brighton Jones LLC raised its stake in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after acquiring an additional 901 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Dell Technologies during the 2nd quarter valued at approximately $328,000. Marshall Wace LLP purchased a new stake in Dell Technologies during the 2nd quarter valued at approximately $809,000. Gamco Investors INC. ET AL raised its stake in Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after acquiring an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Dell Technologies by 147.2% during the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock valued at $7,112,000 after acquiring an additional 34,538 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Bank of America raised its price target on Dell for the second time in 21 days, lifting its view to $280 and reiterating a Buy rating on strength in AI server demand, which signals more upside confidence from analysts. Article Title
• Positive Sentiment: Dell unveiled new AI infrastructure offerings at Dell Technologies World, including Dell Deskside Agentic AI and updates to the Dell AI Factory with NVIDIA, expanding its enterprise AI platform from desktops to data centers. Article Title
• Positive Sentiment: Management highlighted strong AI momentum, including 1,000 new enterprise AI customers and large AI server orders/backlog, reinforcing the case that demand remains robust heading into the next earnings report. Article Title
• Neutral Sentiment: Dell and NVIDIA also launched new on-premises AI tools for enterprises, which could support long-term demand but is more of a product expansion than an immediate earnings driver. Article Title
• Neutral Sentiment: Several Dell Technologies World updates emphasized new partnerships and infrastructure capabilities, but these are largely incremental confirmations of Dell’s AI strategy rather than fresh financial results. Article Title
• Negative Sentiment: One report said enterprise demand is scaling, but supply constraints are raising doubts, which could limit how quickly Dell converts AI demand into revenue. Article Title
• Negative Sentiment: NVIDIA executives noted memory demand is outpacing capacity and that China market access remains uncertain, highlighting supply-chain and geopolitical risks that could affect the broader AI hardware ecosystem, including Dell. 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.