Dell Technologies (NYSE:DELL) Stock Price Down 6.9% – What’s Next?

Dell Technologies Inc. (NYSE:DELL) shares traded down 6.9% on Thursday. The stock traded as low as $446.91 and last traded at $452.1420. 6,510,681 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 8,279,551 shares. The stock had previously closed at $485.88.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: AI demand remains a major catalyst. Super Micro raised its quarterly revenue outlook by roughly $4 billion at the midpoint and increased its gross-margin forecast, signaling robust enterprise demand for AI servers. Dell shares rallied alongside the news. Dell Technologies Shares Jump After Hours as Super Micro Raises Revenue Outlook
• Positive Sentiment: Dell expanded its AI partnership with NVIDIA. New Dell AI Factory offerings span deskside and data-center deployments, including agentic-AI solutions and purpose-built infrastructure. Dell said its AI Factory customer base grew to more than 6,500 from 5,000 the prior quarter, supporting its long-term AI growth narrative. Dell Technologies Advances Enterprise Agentic AI with NVIDIA
• Positive Sentiment: Capital returns remain supportive. Dell reportedly increased its dividend by 20% for the fourth consecutive year, potentially improving shareholder appeal and signaling confidence in cash generation. Dell Technologies Raises Its Dividend 20%

Analyst Upgrades and Downgrades

DELL has been the topic of a number of research analyst reports. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research report on Thursday, September 10th. They set an “outperform” rating and a $640.00 price objective on the stock. US Capital Advisors set a $625.00 target price on Dell Technologies in a research report on Wednesday, September 2nd. Sanford C. Bernstein upped their price target on Dell Technologies from $500.00 to $650.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Wells Fargo & Company increased their price target on Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Dell Technologies in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Dell Technologies Stock Down 6.9%

The stock has a market capitalization of $287.48 billion, a P/E ratio of 26.24, a price-to-earnings-growth ratio of 0.48 and a beta of 1.37. The business’s 50 day simple moving average is $514.10 and its two-hundred day simple moving average is $403.17.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. During the same period in the previous year, the firm posted $1.70 earnings per share. The firm’s revenue for the quarter was up 57.7% on a year-over-year basis. 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. Analysts predict that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is currently 14.63%.

Insider Transactions at Dell Technologies

In related news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the company’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $582.30, for a total transaction of $14,845,156.20. Following the completion of the sale, the director owned 22,686 shares in the company, valued at approximately $13,210,057.80. This represents a 52.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Egon Durban sold 1,850 shares of the company’s stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $548.40, for a total value of $1,014,540.00. Following the sale, the director owned 1,405,236 shares of the company’s stock, valued at $770,631,422.40. This trade represents a 0.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,817,628 shares of company stock valued at $990,253,476. Corporate insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds have recently bought and sold shares of the company. Noble Wealth Management PBC grew its stake in shares of Dell Technologies by 113.6% in the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after acquiring an additional 25 shares in the last quarter. Cornerstone Financial Management LLC raised its holdings in shares of Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after purchasing an additional 23 shares during the last quarter. Premier Financial Group bought a new position in shares of Dell Technologies during the second quarter valued at about $34,000. Portus Wealth Advisors LLC bought a new position in shares of Dell Technologies during the first quarter valued at about $35,000. Finally, Byrne Asset Management LLC purchased a new position in Dell Technologies during the second quarter worth about $38,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Company Profile

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, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.