Dell Technologies (NYSE:DELL) Stock Price Up 9.6% – Here’s What Happened

Posted by George Bondi on Jul 30th, 2026

Dell Technologies logo Dell Technologies Inc. (NYSE:DELL – Get Free Report)’s share price traded up 9.6% on Thursday . The stock traded as high as $413.00 and last traded at $405.0990. Approximately 5,840,781 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 8,481,075 shares. The stock had previously closed at $369.64.

More Dell Technologies News

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

Positive Sentiment: Dell’s strong AI-server momentum and recently raised outlook appear to be amplifying the sector-wide rebound. Management has previously indicated a target of approximately $60 billion in fiscal 2027 AI-server revenue, while a new AI and high-performance-computing platform win with Texas A&M adds evidence of institutional demand. Dell Jumps as AI Infrastructure Trade Rebounds
Positive Sentiment: Recent coverage highlights expanding demand for Dell’s AI-enabled PCs, particularly in premium consumer segments and new retail distribution in India. These developments broaden Dell’s AI opportunity beyond servers, although their near-term financial impact is less certain. Dell brings AI PCs to more consumers as premium demand grows
Positive Sentiment: Dell joined an open-source AI cybersecurity alliance, potentially strengthening its position in AI-related security and expanding its technology ecosystem. Dell Technologies Joins Open Source AI Cybersecurity Alliance
Neutral Sentiment: Analysts remain constructive: the median recent price target is $500, with published targets ranging from $477 to $550. At the same time, Dell’s shares trade near the upper end of their 52-week range, leaving valuation and execution expectations elevated.
Negative Sentiment: Investors face ongoing concerns about AI-server margins and supply-chain costs. In addition, reported insider activity over the past six months shows exclusively open-market selling, including sales by senior executives and affiliated investment entities, which may weigh on sentiment. Dell Stock Crashes as AI Server Boom Faces New Margin Concerns

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Royal Bank Of Canada started coverage on shares of Dell Technologies in a report on Friday, May 29th. They issued an “outperform” rating for the company. Piper Sandler raised their price objective on Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. CLSA raised Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Mizuho upped their target price on Dell Technologies from $435.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, June 1st. Finally, William Blair initiated coverage on Dell Technologies in a report on Monday, June 1st. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $494.67.

Get Our Latest Stock Report on Dell Technologies

Dell Technologies Price Performance

The firm has a market capitalization of $262.55 billion, a price-to-earnings ratio of 32.18, a P/E/G ratio of 0.84 and a beta of 1.31. The firm’s 50-day simple moving average is $399.79 and its 200 day simple moving average is $245.57.

Dell Technologies (NYSE:DELL – Get Free Report) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same period in the prior year, the company earned $1.55 earnings per share. The company’s quarterly revenue was up 87.5% on a year-over-year basis. 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, research analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio is currently 20.02%.

Insiders Place Their Bets

In other news, Director Spv-2 L.P. Sl sold 59,492 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the sale, the director directly owned 89,222 shares in the company, valued at approximately $40,465,745.88. This trade represents a 40.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of Dell Technologies stock in a transaction that occurred on 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 sale, the director directly owned 67,990 shares in the company, valued at $30,836,184.60. This trade represents a 50.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 3,434,758 shares of company stock valued at $1,448,870,683. 41.50% of the stock is owned by corporate insiders.

Institutional Trading of Dell Technologies

A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after acquiring an additional 901 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Dell Technologies in the second quarter valued at about $328,000. Marshall Wace LLP acquired a new stake in shares of Dell Technologies during the second quarter valued at about $809,000. Gamco Investors INC. ET AL grew its holdings in shares of Dell Technologies by 30.2% during the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after purchasing an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Dell Technologies by 147.2% in the second 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. 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.