Dell Technologies (NYSE:DELL) Price Target Raised to $240.00

Dell Technologies (NYSE:DELL) had its price target increased by equities research analysts at Evercore from $205.00 to $240.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the technology company’s stock. Evercore’s price target would suggest a potential upside of 12.05% from the stock’s current price.

Several other analysts also recently commented on the company. Barclays increased their target price on Dell Technologies from $148.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Weiss Ratings raised Dell Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, April 16th. Raymond James Financial increased their price objective on Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Morgan Stanley boosted their target price on Dell Technologies from $101.00 to $110.00 and gave the stock an “underweight” rating in a research report on Friday, February 27th. Finally, Wolfe Research started coverage on shares of Dell Technologies in a report on Thursday, April 9th. They set a “peer perform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $181.53.

Dell Technologies Price Performance

NYSE DELL opened at $214.20 on Wednesday. Dell Technologies has a 1 year low of $86.76 and a 1 year high of $217.39. The business’s 50-day moving average is $157.84 and its 200 day moving average is $142.04. The stock has a market capitalization of $138.32 billion, a PE ratio of 24.58, a PEG ratio of 0.86 and a beta of 0.88.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.53 by $0.36. The company had revenue of $33.38 billion for the quarter, compared to analysts’ expectations of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. Dell Technologies’s revenue was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.68 EPS. 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. As a group, equities research analysts anticipate that Dell Technologies will post 11.9 earnings per share for the current year.

Insider Activity

In related news, Director V (Gp) L.L.C. Slta sold 382,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $176.81, for a total value of $67,541,420.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider William F. Scannell sold 143,067 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider owned 21,779 shares in the company, valued at $3,593,535. The trade was a 86.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 3,571,688 shares of company stock worth $576,654,105. Company insiders own 42.00% of the company’s stock.

Institutional Trading of Dell Technologies

Hedge funds have recently bought and sold shares of the stock. Phoenix Financial Ltd. raised its stake in Dell Technologies by 95.3% during the 3rd quarter. Phoenix Financial Ltd. now owns 33,792 shares of the technology company’s stock worth $4,923,000 after acquiring an additional 16,488 shares during the period. Stonegate Investment Group LLC raised its position in shares of Dell Technologies by 24,493.8% during the 3rd quarter. Stonegate Investment Group LLC now owns 411,946 shares of the technology company’s stock valued at $58,402,000 after purchasing an additional 410,271 shares during the period. Commerzbank Aktiengesellschaft FI boosted its holdings in Dell Technologies by 637.3% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 19,333 shares of the technology company’s stock worth $2,741,000 after buying an additional 16,711 shares during the period. Providence Capital Advisors LLC bought a new stake in Dell Technologies during the third quarter valued at about $7,060,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Dell Technologies by 4.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock worth $40,990,000 after acquiring an additional 12,695 shares during the period. Institutional investors own 76.37% of the company’s stock.

Key Dell Technologies News

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

• Positive Sentiment: Dell landed a large AI infrastructure order — a $1.44 billion purchase agreement with Boost Run to supply AI compute and storage, a direct revenue and backlog boost that underpins near-term server demand. Dell Signs $1.4 Billion AI Deal. Its Stock Is on Pace for Record Closing High.
• Positive Sentiment: Analysts raised price targets and reiterated buy calls citing accelerating AI-server demand (notes from Melius, Citigroup and others), which acted as a catalyst for the rally. Dell shares rise as analysts lift price targets on AI-server demand momentum
• Positive Sentiment: Zacks upgraded DELL to a Strong Buy (Zacks Rank #1) and included it on momentum lists — a formal upgrade that can attract retail/institutional flows. Zacks.com
• Positive Sentiment: Coverage pieces highlighting Dell’s valuation and AI-server backlog (30-day share gains, strong revenue/net income) reinforced the narrative that Dell is a primary AI infrastructure beneficiary. Assessing Dell Technologies (DELL) Valuation After Strong Share Price Momentum And AI Server Optimism
• Neutral Sentiment: Reports that NVIDIA may pursue a major PC maker (HP or Dell cited) have drawn attention but remain unconfirmed — possible strategic implications but high uncertainty. Potential NVIDIA Deal Puts Fresh Focus On HP’s AI PC Future
• Neutral Sentiment: High-profile philanthropy from Michael and Susan Dell (major UT Austin donation) is positive PR but unlikely to move fundamentals; it may modestly support sentiment. Michael and Susan Dell to donate $750 million to UT Austin to fund new medical campus
• Negative Sentiment: Insider selling has been heavy recently (multiple execs and large shareholder entities have sold sizable positions), which can concern some investors about insider conviction even as the company grows. Dell shares rise as analysts lift price targets on AI-server demand momentum
• Negative Sentiment: CFO and other insiders recently trimmed holdings (CFO David Kennedy notably reduced his stake), a potentially negative signal for some investors watching insider activity. CFO David Kennedy Just Cut His Dell Stock Stake by Nearly 10%. Is That a Sign You Should Sell Too?

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.