Dell Technologies (NYSE:DELL) Stock Price Up 2.1% – What’s Next?

Posted by Geri Gentry on Aug 15th, 2026

Dell Technologies logo Dell Technologies Inc. (NYSE:DELL – Get Free Report)’s stock price rose 2.1% during mid-day trading on Thursday . The company traded as high as $514.00 and last traded at $494.51. Approximately 8,024,830 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 8,320,849 shares. The stock had previously closed at $484.50.

Dell Technologies News Summary

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

Positive Sentiment: Wells Fargo raised its Dell price target to $545 from $505, citing strong AI hardware demand and recent earnings evidence that infrastructure spending remains robust. The upgrade supports the bullish case for Dell Technologies (DELL). Earnings Prove AI Hardware Demand Is Strong. That’s Good News for Dell Stock.
Positive Sentiment: Strong results from Lenovo and Super Micro Computer reinforced expectations for sustained AI-server demand. Lenovo reportedly expanded its AI-server pipeline to approximately $54 billion, while Super Micro highlighted a record backlog, benefiting Dell as a major server supplier. Dell Rallies After Lenovo’s AI Server Pipeline Hits $54 Billion
Positive Sentiment: Analysts and market commentary continue to point to Dell’s AI-infrastructure positioning, data-center growth and reported $43 billion backlog as support for future results. Dell’s latest quarterly report also significantly exceeded consensus estimates, providing momentum heading into its next earnings report, scheduled for September 3. 3 AI Infrastructure Stocks Powering the Data Center Boom in August
Neutral Sentiment: Articles note that Dell has nearly quadrupled in 2026 and recently reached a record high. The rally confirms strong investor enthusiasm but also raises the question of whether much of the AI-growth outlook is already reflected in the stock. Dell Stock Has Nearly Quadrupled in 2026. Is It Too Late to Buy?
Negative Sentiment: Profit-taking and valuation concerns may be weighing on the shares after the unusually large advance. Dell trades at a relatively elevated earnings multiple, making the stock more sensitive to any slowdown in AI orders, margin pressure or disappointing guidance.
Negative Sentiment: The U.S. announcement of a 100% tariff on Chinese drone technology could increase geopolitical and supply-chain uncertainty for technology companies, although the direct impact on Dell’s core server business is unclear. U.S. Announces 100% Tariff on Chinese Drone Technology

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on DELL shares. Barclays lowered Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. William Blair began coverage on Dell Technologies in a research note on Monday, June 1st. They issued a “neutral” rating on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a report on Wednesday. Morgan Stanley lowered their target price on Dell Technologies from $477.00 to $430.00 and set an “equal weight” rating for the company in a research note on Monday. Finally, Wells Fargo & Company lifted their price target on Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $494.33.

Read Our Latest Report on Dell Technologies

Dell Technologies Trading Down 0.6%

The stock has a market capitalization of $318.66 billion, a P/E ratio of 39.05, a PEG ratio of 1.03 and a beta of 1.33. The company has a fifty day simple moving average of $421.83 and a two-hundred day simple moving average of $272.78.

Dell Technologies (NYSE:DELL – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies’s revenue was up 87.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.55 EPS. 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. As a group, analysts forecast that Dell Technologies Inc. will post 18.17 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a dividend of $0.63 per share. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. Dell Technologies’s payout ratio is presently 20.02%.

Insiders Place Their Bets

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $86,928,791.95. Following the transaction, the director owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. This represents a 88.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the transaction, the director owned 36,659 shares of the company’s stock, valued at $16,789,455.41. The trade was a 82.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,434,758 shares of company stock worth $1,448,870,683. 41.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DELL. Byrne Asset Management LLC bought a new position in shares of Dell Technologies during the second quarter worth $38,000. Atwood & Palmer Inc. raised its stake in Dell Technologies by 860.0% during the 2nd quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock worth $41,000 after buying an additional 86 shares during the period. Allied Private Wealth LLC bought a new position in Dell Technologies during the second quarter worth about $63,000. Elevation Wealth Partners LLC grew its stake in Dell Technologies by 5,900.0% in the second quarter. Elevation Wealth Partners LLC now owns 180 shares of the technology company’s stock valued at $78,000 after acquiring an additional 177 shares during the period. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of Dell Technologies in the fourth quarter worth about $25,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Company Profile

(Get Free Report)

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.