Dell Technologies Inc. (NYSE:DELL – Get Free Report) was up 1.8% on Friday . The stock traded as high as $534.99 and last traded at $525.66. 10,912,978 shares traded hands during mid-day trading, an increase of 30% from the average daily volume of 8,374,354 shares. The stock had previously closed at $516.39.
Trending Headlines about Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Blowout earnings continue to drive the rally. Dell reported $46.97 billion in quarterly revenue, up 57.7% year over year and above the $44.89 billion consensus estimate. Adjusted EPS of $7.04 also exceeded expectations of $4.91, while management raised its fiscal 2027 outlook. Dell Technologies Raises the Bar Again as AI Demand Fuels Another Strong Quarter
- Positive Sentiment: AI infrastructure demand remains the central catalyst. Dell’s AI-optimized server business is benefiting from strong data-center spending, with a reported $95 billion AI backlog providing visibility into future revenue. Investors are focused on how quickly the backlog converts into sales and earnings. Dell Surges on Soaring AI Backlog
- Positive Sentiment: Analysts are raising their valuation targets. JPMorgan lifted its target to $635, while Goldman Sachs cited AI-server demand and margin expansion in raising its target. Morgan Stanley, TD Cowen and other analysts also remain constructive, reinforcing bullish sentiment. JPMorgan Raises Dell Price Target
- Positive Sentiment: Technical and broader AI-sector momentum are supportive. Dell has reached fresh 52-week and all-time highs, while investors continue favoring companies that demonstrate actual AI revenue and profitability rather than speculative demand. Dell Hits a 52-Week High
- Neutral Sentiment: Investors are debating whether the rally can continue. Commentators describe Dell as a leading founder-led technology company and a potential “Magnificent Seven” candidate, but the shares have already appreciated substantially, increasing the importance of backlog execution and sustained growth.
- Negative Sentiment: Valuation and margin risks are emerging. Some analysts argue that the $95 billion backlog is less important than the profitability of converting those orders, while bearish commentary recommends selling Dell or a leveraged Dell ETF. Concerns include possible profit-taking after the sharp advance and whether AI-server margins can remain elevated. Dell: The $95 Billion AI Backlog Is Not the Number I Am Watching
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on the company. Wolfe Research cut Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. Evercore increased their price objective on Dell Technologies from $550.00 to $575.00 and gave the company an “outperform” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft started coverage on shares of Dell Technologies in a research note on Thursday. They issued a “hold” rating and a $480.00 target price for the company. Mizuho upped their price objective on shares of Dell Technologies from $500.00 to $600.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Raymond James Financial boosted their price target on Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $553.79.
Dell Technologies Stock Performance
The company’s fifty day moving average is $436.67 and its two-hundred day moving average is $307.41. The firm has a market cap of $340.69 billion, a price-to-earnings ratio of 30.51, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34.
Dell Technologies (NYSE:DELL – Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. During the same period last year, the company posted $1.70 earnings per share. The firm’s revenue was up 57.7% compared to the same quarter last year. 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, analysts forecast that Dell Technologies Inc. will post 18.22 earnings per share for the current fiscal year.
Dell Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.
Insider Activity
In related news, 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 transaction of $26,982,001.68. Following the sale, 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the company’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the completion of the transaction, the director directly owned 67,990 shares of the company’s stock, valued at approximately $30,836,184.60. The trade was a 50.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,527,629 shares of company stock worth $619,325,485. Company insiders own 41.50% of the company’s stock.
Institutional Investors Weigh In On Dell Technologies
Hedge funds have recently bought and sold shares of the business. Parkside Financial Bank & Trust increased its holdings in Dell Technologies by 13.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,129 shares of the technology company’s stock worth $487,000 after purchasing an additional 137 shares during the last quarter. Range Advisory LLC bought a new stake in shares of Dell Technologies in the second quarter worth $391,000. Cornerstone Financial Management LLC raised its holdings in 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 acquiring an additional 23 shares in the last quarter. Corient Private Wealth LP boosted its stake in Dell Technologies by 20.4% during the 2nd quarter. Corient Private Wealth LP now owns 114,126 shares of the technology company’s stock valued at $49,240,000 after acquiring an additional 19,304 shares during the last quarter. Finally, Advus Financial Partners LLC bought a new position in shares of Dell Technologies during the second quarter worth about $356,000. Institutional investors and hedge funds own 76.37% of the company’s stock.
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.
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