Dell Technologies (NYSE:DELL) Shares Up 4.2% Following Analyst Upgrade

Dell Technologies Inc. (NYSE:DELL) traded up 4.2% during trading on Thursday after Fox Advisors upgraded the stock from an equal weight rating to an overweight rating. Fox Advisors now has a $625.00 price target on the stock. Dell Technologies traded as high as $530.78 and last traded at $512.66. 20,127,319 shares were traded during mid-day trading, an increase of 141% from the average daily volume of 8,354,781 shares. The stock had previously closed at $492.20.

Several other analysts also recently commented on the stock. Bank of America upped their price objective on shares of Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a report on Monday. Piper Sandler restated an “overweight” rating and set a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research report on Wednesday. Evercore upped their price target on shares of Dell Technologies from $550.00 to $575.00 and gave the company an “outperform” rating in a report on Wednesday. Royal Bank Of Canada initiated coverage on Dell Technologies in a research note on Friday, May 29th. They set an “outperform” rating for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $555.46.

Insider Transactions at Dell Technologies

In other Dell Technologies 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 transaction, the director directly owned 89,222 shares of the company’s stock, valued at $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 available through this hyperlink. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the transaction, the director directly owned 43,961 shares in the company, valued at $19,938,071.94. This trade represents a 44.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,738,596 shares of company stock valued at $704,346,083. Insiders own 41.50% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Record results and sharply higher guidance: Dell reported fiscal Q2 2027 revenue of $46.97 billion, up 57.7% year over year, and adjusted EPS of $7.04 versus a $4.91 consensus estimate. Management raised full-year revenue guidance to $192 billion and EPS guidance to $25.50, while forecasting third-quarter revenue of $49 billion. Dell again lifts forecasts as AI demand powers record results
• Positive Sentiment: AI backlog provides revenue visibility: AI-server orders reached a record $60.9 billion and Dell’s backlog climbed to approximately $95 billion. AI-optimized server revenue doubled to $16.4 billion, helping reinforce the view that enterprise and data-center AI spending is translating into tangible sales. Dell Stock Jumps Nearly 10% as AI Backlog Hits $95 Billion
• Positive Sentiment: Analyst support strengthened: JPMorgan raised its price target from $565 to $635 and maintained an Overweight rating. Other analysts also lifted targets, and coverage broadly characterized Dell’s execution as strong, supporting continued institutional interest. Dell’s AI Revenue More Than Doubles
• Neutral Sentiment: Broader AI infrastructure rotation: Commentary suggests rising cloud-AI costs are encouraging companies to build more on-premises infrastructure, potentially benefiting hardware integrators such as Dell. NVIDIA’s proposed $12.9 billion Hugging Face acquisition also underscores the importance of integrated AI hardware and software ecosystems, although it is not a direct Dell catalyst. NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
• Negative Sentiment: Execution risks remain: Component shortages may limit shipments, while analysts caution that AI-server margins and profitability could be less impressive than the backlog suggests. Dell’s rapid run-up also leaves valuation and profit-taking risks, with some firms retaining Hold or Neutral ratings and recent insider activity dominated by selling.

Institutional Trading of Dell Technologies

Institutional investors have recently made changes to their positions in the company. Commonwealth Retirement Investments LLC acquired a new position in Dell Technologies in the fourth quarter valued at approximately $25,000. Rossby Financial LCC lifted its stake in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after purchasing an additional 184 shares during the last quarter. Cornerstone Financial Management LLC grew its holdings in shares of Dell Technologies by 56.1% during the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares during the period. Navalign LLC acquired a new stake in shares of Dell Technologies during the 4th quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in Dell Technologies in the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Stock Up 4.2%

The company has a market cap of $332.26 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 0.88 and a beta of 1.34. The stock’s 50-day simple moving average is $434.61 and its 200 day simple moving average is $304.63.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 529.54%. The business had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same period last year, the business earned $1.70 earnings per share. The business’s revenue for the quarter was up 57.7% on a year-over-year basis. 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. On average, sell-side analysts expect that Dell Technologies Inc. will post 18.32 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s payout ratio is presently 14.63%.

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.