Dell Technologies (NYSE:DELL) Stock Price Down 7.3% – Should You Sell?

Posted by Stanley Muller on Sep 1st, 2026

Dell Technologies logo Shares of Dell Technologies Inc. (NYSE:DELL – Get Free Report) were down 7.3% during trading on Tuesday . The stock traded as low as $421.89 and last traded at $422.54. Approximately 13,717,046 shares were traded during trading, an increase of 69% from the average daily volume of 8,094,242 shares. The stock had previously closed at $456.01.

Trending Headlines about Dell Technologies

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

Positive Sentiment: Analysts expect strong fiscal Q2 results, including approximately 49% year-over-year revenue growth to $44.48 billion, with some Wall Street firms anticipating an earnings beat and a higher full-year outlook. Dell Poised for Strong Fiscal Q2 Beat, Outlook Raise, BofA Says
Positive Sentiment: Dell’s AI server business remains the central growth driver. The company reportedly delivered $16.1 billion of AI servers last quarter and has a substantial backlog, while observers believe its full ownership of the AI server operation could help it benefit from continued data-center investment. DELL Earnings Justifying Stock Rally? AI Growth & Backlog Delivery Critical
Neutral Sentiment: The earnings release is a major near-term catalyst. Options markets imply an approximately 11% post-earnings move, highlighting unusually high volatility and the potential for a sharp reaction in either direction. DELL Stock – Options Traders Brace for 11.4% Move after Q2 Results
Negative Sentiment: The stock’s steep rally has raised the bar for results. Investors are focused not only on AI revenue growth and backlog conversion, but also on whether supply constraints, rising memory costs and server margins could weaken profitability. Dell Reports Tuesday, and Its Server Margin Is Where the AI Memory Bill Finally Reaches the Stock
Negative Sentiment: Broader risk-off trading is adding pressure: higher oil prices, inflation concerns and rising Treasury yields are weighing on technology stocks and making Dell’s premium valuation more difficult to justify. Dell stock falls before earnings: strong AI demand will not alone sustain 250% rally

Analysts Set New Price Targets

A number of brokerages have issued reports on DELL. Wells Fargo & Company raised their price target on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. Guggenheim raised Dell Technologies to a “buy” rating in a research report on Monday, June 1st. Melius Research set a $565.00 price objective on Dell Technologies in a research report on Friday, May 29th. Evercore reissued an “outperform” rating and set a $550.00 target price on shares of Dell Technologies in a research note on Wednesday, August 19th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Dell Technologies in a research note on Monday. They issued a “hold” rating and a $480.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and a consensus target price of $485.23.

View Our Latest Stock Report on DELL

Dell Technologies Price Performance

The firm has a 50-day moving average of $433.55 and a 200 day moving average of $299.86. The company has a market capitalization of $273.85 billion, a PE ratio of 33.56, a PEG ratio of 0.95 and a beta of 1.33.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. Dell Technologies’s dividend payout ratio is presently 20.02%.

Insider Activity at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total value of $55,294,285.05. Following the transaction, the director owned 8,585 shares of the company’s stock, valued at approximately $3,417,946.05. The trade was a 94.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 131,040 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $52,170,955.20. Following the transaction, the director directly owned 12,619 shares of the company’s stock, valued at $5,024,002.47. This trade represents a 91.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,332,712 shares of company stock worth $954,404,039 in the last ninety days. Insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DELL. Brighton Jones LLC raised its holdings in shares of Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after purchasing an additional 901 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Dell Technologies during the 2nd quarter valued at approximately $328,000. Marshall Wace LLP acquired a new stake in shares of Dell Technologies during the second quarter worth about $809,000. Gamco Investors INC. ET AL boosted its holdings in shares of Dell Technologies by 30.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after acquiring an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Dell Technologies by 147.2% in the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock valued at $7,112,000 after buying an additional 34,538 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

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.