Dell Technologies (NYSE:DELL) Given New $240.00 Price Target at Evercore

Dell Technologies (NYSE:DELL) had its price target increased by Evercore from $205.00 to $240.00 in a report issued on Wednesday morning,MarketScreener reports. The brokerage currently has an outperform rating on the technology company’s stock.

Several other analysts have also commented on the stock. Bank of America increased their target price on shares of Dell Technologies from $172.00 to $205.00 and gave the company a “buy” rating in a research note on Wednesday, April 8th. Citigroup increased their target price on shares of Dell Technologies from $180.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday. Dbs Bank raised shares of Dell Technologies to a “moderate buy” rating in a research note on Monday, January 5th. The Goldman Sachs Group boosted their target price on shares of Dell Technologies from $195.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Finally, Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $181.53.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded up $2.64 during trading on Wednesday, reaching $217.29. The company had a trading volume of 1,149,101 shares, compared to its average volume of 8,400,853. The firm’s fifty day moving average is $157.84 and its 200 day moving average is $142.04. The firm has a market capitalization of $140.32 billion, a PE ratio of 24.82, a price-to-earnings-growth ratio of 0.86 and a beta of 0.88. Dell Technologies has a twelve month low of $86.76 and a twelve month high of $218.76.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, topping analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The company had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. During the same period in the prior year, the business posted $2.68 EPS. The business’s revenue for the quarter was up 39.5% compared to the same quarter last year. 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. Equities analysts predict that Dell Technologies will post 11.9 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st will be paid a $0.63 dividend. The ex-dividend date is Tuesday, April 21st. This represents a $2.52 annualized dividend and a yield of 1.2%. This is a boost from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s dividend payout ratio (DPR) is currently 28.90%.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Ellen Jamison Kullman sold 150,346 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the completion of the transaction, the director owned 65,662 shares in the company, valued at approximately $9,529,526.06. This represents a 69.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 3,571,688 shares of company stock worth $576,654,105. Company insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Commonwealth Retirement Investments LLC acquired a new position in shares of Dell Technologies during the 4th quarter worth $25,000. Rossby Financial LCC increased its stake in shares of 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 purchasing an additional 184 shares during the last quarter. Navalign LLC acquired a new position in shares of Dell Technologies during the 4th quarter worth $29,000. Kemnay Advisory Services Inc. bought a new position in Dell Technologies during the fourth quarter valued at about $29,000. Finally, WealthCollab LLC raised its holdings in Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after buying an additional 114 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell landed a large AI infrastructure order — a $1.44 billion purchase agreement with Boost Run to supply AI compute and storage, a direct revenue and backlog boost that underpins near-term server demand. Dell Signs $1.4 Billion AI Deal. Its Stock Is on Pace for Record Closing High.
• Positive Sentiment: Analysts raised price targets and reiterated buy calls citing accelerating AI-server demand (notes from Melius, Citigroup and others), which acted as a catalyst for the rally. Dell shares rise as analysts lift price targets on AI-server demand momentum
• Positive Sentiment: Zacks upgraded DELL to a Strong Buy (Zacks Rank #1) and included it on momentum lists — a formal upgrade that can attract retail/institutional flows. Zacks.com
• Positive Sentiment: Coverage pieces highlighting Dell’s valuation and AI-server backlog (30-day share gains, strong revenue/net income) reinforced the narrative that Dell is a primary AI infrastructure beneficiary. Assessing Dell Technologies (DELL) Valuation After Strong Share Price Momentum And AI Server Optimism
• Neutral Sentiment: Reports that NVIDIA may pursue a major PC maker (HP or Dell cited) have drawn attention but remain unconfirmed — possible strategic implications but high uncertainty. Potential NVIDIA Deal Puts Fresh Focus On HP’s AI PC Future
• Neutral Sentiment: High-profile philanthropy from Michael and Susan Dell (major UT Austin donation) is positive PR but unlikely to move fundamentals; it may modestly support sentiment. Michael and Susan Dell to donate $750 million to UT Austin to fund new medical campus
• Negative Sentiment: Insider selling has been heavy recently (multiple execs and large shareholder entities have sold sizable positions), which can concern some investors about insider conviction even as the company grows. Dell shares rise as analysts lift price targets on AI-server demand momentum
• Negative Sentiment: CFO and other insiders recently trimmed holdings (CFO David Kennedy notably reduced his stake), a potentially negative signal for some investors watching insider activity. CFO David Kennedy Just Cut His Dell Stock Stake by Nearly 10%. Is That a Sign You Should Sell Too?

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.