Dell Technologies (NYSE:DELL) Price Target Raised to $499.00

Dell Technologies (NYSE:DELL) had its price target upped by Morgan Stanley from $434.00 to $499.00 in a research report report published on Wednesday, Marketbeat reports. Morgan Stanley currently has an equal weight rating on the technology company’s stock.

Several other research firms have also recently commented on DELL. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Loop Capital lifted their price objective on Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Guggenheim upgraded Dell Technologies to a “buy” rating in a report on Monday, June 1st. Finally, CLSA upgraded Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned 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 $553.79.

Dell Technologies Price Performance

DELL opened at $525.66 on Wednesday. The firm has a market capitalization of $340.69 billion, a price-to-earnings ratio of 30.51, a PEG ratio of 0.73 and a beta of 1.34. Dell Technologies has a one year low of $110.22 and a one year high of $534.99. The business has a 50 day simple moving average of $439.28 and a two-hundred day simple moving average of $308.94.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. The company had revenue of $46.97 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 earnings per share. 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, sell-side analysts expect that Dell Technologies will post 21.28 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

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

Insider Buying and Selling

In related news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the sale, the director owned 43,961 shares in the company, valued at $19,938,071.94. This represents a 44.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Spv-2 L.P. Sl sold 59,492 shares of Dell Technologies stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the transaction, the director owned 89,222 shares of the company’s stock, valued at $40,465,745.88. The trade was a 40.00% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,527,629 shares of company stock valued at $619,325,485. 41.50% of the stock is owned by company insiders.

Institutional Trading of Dell Technologies

Several institutional investors have recently bought and sold shares of the company. ProShare Advisors LLC raised its stake in shares of Dell Technologies by 10.5% in the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after purchasing an additional 7,642 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in shares of Dell Technologies during the fourth quarter valued at $23,332,000. Plato Investment Management Ltd purchased a new stake in shares of Dell Technologies during the second quarter valued at $5,913,000. Gabelli Funds LLC increased its holdings in Dell Technologies by 49.0% in the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock worth $7,565,000 after buying an additional 15,150 shares in the last quarter. Finally, MUFG Securities EMEA plc raised its position in Dell Technologies by 112.9% in the 4th quarter. MUFG Securities EMEA plc now owns 12,356 shares of the technology company’s stock worth $1,555,000 after buying an additional 6,553 shares during the last quarter. 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: AI demand remains the primary catalyst. Dell reported record AI-server orders and a roughly $95 billion backlog, supporting expectations for sustained data-center growth. Broad enterprise IT-refresh demand is providing an additional tailwind. DELL Stock Hits 52-Week High: Does it Have More Room to Run?
• Positive Sentiment: The latest earnings beat reset expectations higher. Dell posted quarterly revenue of $46.97 billion, up 57.7% year over year and above the $44.89 billion consensus. Adjusted earnings of $7.04 per share exceeded estimates by $2.13, while management raised its fiscal outlook. Dell Technologies Raises the Bar Again as AI Demand Fuels Another Strong Quarter
• Positive Sentiment: Analyst support strengthened. Goldman Sachs increased its price target by $60, while JPMorgan raised its target to $635. Other firms, including UBS, Morgan Stanley and TD Cowen, also expressed constructive views, reinforcing bullish sentiment around Dell’s AI-server opportunity. Goldman Sachs resets Dell stock price target by $60
• Positive Sentiment: Dell is increasingly viewed as a potential major AI beneficiary because its growth is being supported by reported customer orders and revenue rather than expectations alone. Its performance has also helped validate the broader AI infrastructure trade. Bank of America sees upside in surging AI stock
• Neutral Sentiment: Valuation and execution are becoming more important. After a sharp 2026 rally and a move near its 52-week high, investors are debating whether the backlog can translate into profitable growth at current expectations.
• Negative Sentiment: Some commentary cautions that Dell’s margins, supply availability and ability to convert the backlog into cash flow could limit further upside. The stock’s substantial gains also increase the risk of profit-taking or consolidation if future results merely meet, rather than exceed, elevated expectations. Dell Just Jumped 16% and One Strategist Says That Is the Whole Tech Argument Right Now

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.