TD Cowen Increases Dell Technologies (NYSE:DELL) Price Target to $450.00

Dell Technologies (NYSE:DELL) had its price target boosted by research analysts at TD Cowen from $150.00 to $450.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has a “hold” rating on the technology company’s stock. TD Cowen’s price target suggests a potential upside of 5.85% from the company’s previous close.

A number of other research analysts have also recently commented on DELL. Raymond James Financial upped their price objective on Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Bank of America reissued a “buy” rating on shares of Dell Technologies in a research note on Friday. Wall Street Zen lowered Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Morgan Stanley upgraded Dell Technologies from an “underweight” rating to a “buy” rating in a report on Friday, May 22nd. Finally, Daiwa Securities Group raised their price objective on Dell Technologies from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $324.45.

Dell Technologies Trading Up 34.1%

Shares of DELL opened at $425.13 on Friday. Dell Technologies has a 12-month low of $106.38 and a 12-month high of $428.68. The firm has a market capitalization of $274.53 billion, a P/E ratio of 48.45, a P/E/G ratio of 1.12 and a beta of 0.99. The firm has a 50-day moving average price of $211.39 and a 200 day moving average price of $157.54.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the previous year, the firm earned $1.55 earnings per share. Dell Technologies’s quarterly revenue was up 87.5% compared to the same quarter last year. 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. Equities research analysts predict that Dell Technologies will post 12.21 earnings per share for the current fiscal year.

Insider Activity at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 382,000 shares of Dell Technologies stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.81, for a total value of $67,541,420.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William F. Scannell sold 143,067 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $165.00, for a total value of $23,606,055.00. Following the transaction, the insider directly owned 21,779 shares of the company’s stock, valued at approximately $3,593,535. This represents a 86.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,571,688 shares of company stock worth $576,654,105 over the last 90 days. 41.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dell Technologies

Several institutional investors have recently modified their holdings of DELL. Commonwealth Retirement Investments LLC acquired a new position in shares of Dell Technologies during the fourth quarter worth $25,000. Rossby Financial LCC lifted its holdings in Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after buying an additional 184 shares during the last quarter. Portus Wealth Advisors LLC acquired a new position in shares of Dell Technologies during the 1st quarter worth about $35,000. Kemnay Advisory Services Inc. purchased a new position in shares of Dell Technologies in the 4th quarter valued at about $29,000. Finally, Navalign LLC acquired a new stake in shares of Dell Technologies during the 4th quarter worth about $29,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Key Dell Technologies News

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

Dell Technologies Company Profile

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.