Dell Technologies (NYSE:DELL) Trading 6% Higher – Time to Buy?

Dell Technologies Inc. (NYSE:DELL) shares were up 6% during mid-day trading on Thursday . The company traded as high as $186.98 and last traded at $187.9630. Approximately 2,565,836 shares were traded during trading, a decline of 70% from the average daily volume of 8,442,732 shares. The stock had previously closed at $177.28.

Key Dell Technologies News

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

• Positive Sentiment: Goldman Sachs raised its price target to $215 from $195 and kept a Buy rating, giving institutional backing to the bullish case and helping push the stock higher. Goldman Sachs Raises Dell Price Target to $215: Is This AI Server Powerhouse Still the Best Value in Tech?
• Positive Sentiment: Market commentary points to Goldman’s call as the main reason for today’s jump, amplifying momentum into the session. What’s Behind The Jump In Dell Technologies Stock?
• Positive Sentiment: Analyst roundups and bullish features highlight Dell as a long‑term value in AI/enterprise infrastructure, supporting continued investor interest. Dell To Rally More Than 21%? Here Are 10 Top Analyst Forecasts For Thursday
• Positive Sentiment: Zacks highlights Dell as a top value stock for long‑term investors, reinforcing the buy case for value/growth allocation into the name. Why Dell Technologies (DELL) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Dell appears in a new 5G edge appliance collaboration with Intel and Nokia — product-level proof of demand in edge/telecom infrastructure that could support server and services revenue over time. Intel Joins Nokia & Dell in 5G Edge Innovation: Will it Boost Profits?
• Neutral Sentiment: Industry surveys (KeyBanc) show resilient IT VAR spending, which could sustain Dell’s commercial demand but is not a direct short‑term catalyst. KeyBanc’s new IT VAR survey is bullish for these stocks
• Negative Sentiment: A Seeking Alpha downgrade argues the stock may be extended, offering a counterview that could pressure momentum traders. Dell: You Are Already Late To The Party (Downgrade)
• Negative Sentiment: Nvidia publicly denied M&A talks to buy a PC/server maker, removing takeover speculation that had briefly lifted hardware names — that kind of clarification can sap headline-driven rallies. Nvidia Says It Isn’t Buying Dell
• Negative Sentiment: Rising component and memory costs across the PC industry (Microsoft Surface price increases cited) create margin pressure risk for hardware segments over time. Microsoft Raises Surface Prices as AI Costs Rise

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on DELL shares. JPMorgan Chase & Co. lowered their price objective on Dell Technologies from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. Dbs Bank upgraded Dell Technologies to a “moderate buy” rating in a research report on Monday, January 5th. Wolfe Research started coverage on Dell Technologies in a research report on Thursday, April 9th. They set a “peer perform” rating for the company. Mizuho raised their price objective on Dell Technologies from $180.00 to $215.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Finally, Raymond James Financial raised their target price on Dell Technologies from $166.00 to $182.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Sixteen investment analysts have rated the stock with a Buy rating, eight have assigned 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 $173.11.

Dell Technologies Stock Up 7.9%

The stock has a 50 day simple moving average of $149.58 and a 200 day simple moving average of $139.89. The stock has a market cap of $123.53 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 0.75 and a beta of 0.88.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter last year, the firm posted $2.68 earnings per share. The company’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 expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Tuesday, April 21st will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.3%. This is an increase from Dell Technologies’s previous quarterly dividend of $0.53. The ex-dividend date is Tuesday, April 21st. Dell Technologies’s dividend payout ratio is 24.08%.

Insider Buying and Selling at Dell Technologies

In related news, insider William F. Scannell sold 143,067 shares of Dell Technologies stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the sale, the insider directly owned 21,779 shares in the company, valued at approximately $3,593,535. This trade represents a 86.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO David Alan Kennedy sold 19,500 shares of the business’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $182.53, for a total value of $3,559,335.00. Following the completion of the sale, the chief financial officer owned 183,097 shares in the company, valued at approximately $33,420,695.41. The trade was a 9.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,615,022 shares of company stock valued at $406,651,043 in the last ninety days. 42.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Diversified Trust Co raised its holdings in shares of Dell Technologies by 3.9% during the 1st quarter. Diversified Trust Co now owns 11,529 shares of the technology company’s stock valued at $1,892,000 after buying an additional 429 shares in the last quarter. Brady Martz Wealth Solutions LLC bought a new position in Dell Technologies during the 1st quarter valued at approximately $231,000. Old North State Trust LLC bought a new position in Dell Technologies during the 4th quarter valued at approximately $630,000. Rockefeller Capital Management L.P. raised its position in Dell Technologies by 27.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 263,564 shares of the technology company’s stock valued at $33,178,000 after purchasing an additional 56,203 shares during the last quarter. Finally, World Investment Advisors raised its position in Dell Technologies by 18.2% during the 4th quarter. World Investment Advisors now owns 12,179 shares of the technology company’s stock valued at $1,533,000 after purchasing an additional 1,874 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

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.