Dell Technologies (NYSE:DELL) Price Target Raised to $650.00

Dell Technologies (NYSE:DELL) had its target price hoisted by Mizuho from $600.00 to $650.00 in a report released on Tuesday, Marketbeat reports. The firm currently has an outperform rating on the technology company’s stock.

Several other research analysts have also weighed in on DELL. Citigroup increased their target price on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Wells Fargo & Company upped their price objective on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. US Capital Advisors set a $625.00 price objective on shares of Dell Technologies in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. lifted their target price on shares of Dell Technologies from $565.00 to $635.00 and gave the company an “overweight” rating in a report on Wednesday, September 2nd. Finally, Bank of America boosted their target price on Dell Technologies from $505.00 to $600.00 and gave the company a “buy” rating in a research report on Monday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $571.12.

Dell Technologies Stock Down 0.7%

DELL stock opened at $575.17 on Tuesday. Dell Technologies has a 52-week low of $110.22 and a 52-week high of $595.51. The stock has a market cap of $365.70 billion, a price-to-earnings ratio of 33.38, a price-to-earnings-growth ratio of 0.60 and a beta of 1.37. The business has a fifty day moving average of $504.43 and a two-hundred day moving average of $379.92.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company’s revenue was up 57.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.70 EPS. 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, sell-side analysts anticipate that Dell Technologies will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is presently 14.63%.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 1,850 shares of the firm’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total value of $1,014,540.00. Following the completion of the transaction, the director owned 1,405,236 shares of the company’s stock, valued at $770,631,422.40. This trade represents a 0.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Silver Lake Partners V. De (Aiv sold 26,539 shares of the business’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $575.43, for a total transaction of $15,271,336.77. Following the completion of the transaction, the director owned 11,567 shares of the company’s stock, valued at approximately $6,655,998.81. This trade represents a 69.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,697,272 shares of company stock worth $920,162,797 over the last 90 days. 41.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dell Technologies

A number of hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE increased its stake in shares of Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after buying an additional 1,011,101 shares during the period. Deutsche Bank AG increased its position in shares of Dell Technologies by 24.6% in the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock valued at $694,489,000 after purchasing an additional 1,090,336 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after purchasing an additional 1,474,347 shares in the last quarter. Epoch Investment Partners Inc. lifted its position in shares of Dell Technologies by 3.5% during the 4th quarter. Epoch Investment Partners Inc. now owns 975,336 shares of the technology company’s stock worth $122,775,000 after purchasing an additional 33,234 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Dell Technologies by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock valued at $157,869,000 after buying an additional 27,668 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

More Dell Technologies News

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

• Positive Sentiment: Dell received a bullish catalyst from an analyst upgrade: Mizuho raised its price target to $650 from $600 while maintaining an Outperform rating. The revision reflects reported AI-server orders of $60.9 billion, $16.4 billion in AI-server revenue and a $95 billion backlog. Why Dell Stock Is Trading Up Today
• Positive Sentiment: Dell launched new Windows PCs and workstations designed for “agentic AI” in collaboration with NVIDIA and Microsoft. The products expand Dell’s AI offerings beyond data-center servers and could support demand from developers and creative professionals. Dell Technologies Drives the Agentic AI Era
• Positive Sentiment: Coverage continues to highlight Dell’s expanding AI customer base, large backlog and recently enhanced AI Data Platform, including NVIDIA-powered acceleration, data orchestration and enterprise knowledge-graph capabilities. These developments reinforce the long-term AI infrastructure growth narrative. Can Dell Turn Its New AI Data Platform Into a Durable Competitive Advantage?
• Neutral Sentiment: CEO Michael Dell’s involvement in Trump Accounts and a pledge to fund accounts for children has increased the company’s visibility, but the initiative is philanthropic and does not directly change Dell’s operating outlook. Michael Dell Defends Trump Accounts
• Negative Sentiment: Several Silver Lake-affiliated directors sold a combined roughly 127,000 Dell shares for about $73 million on October 6. Multiple transactions reduced their holdings by approximately 68%–72%, creating a near-term supply and confidence overhang, although one seller retained a substantial position. SEC insider-trading filing
• Negative Sentiment: After a steep AI-driven rally, profit-taking across server stocks—including Dell and Hewlett Packard Enterprise—has encouraged investors to question whether the sector’s momentum can continue. Dell’s elevated valuation makes it more vulnerable to consolidation despite strong earnings and guidance. Profit Taking Unwinds Server Rally

About Dell Technologies

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.