Citic Securities Forecasts Strong Price Appreciation for Dell Technologies (NYSE:DELL) Stock

Dell Technologies (NYSE:DELL) had its price objective boosted by research analysts at Citic Securities from $150.00 to $160.00 in a research report issued on Friday,MarketScreener reports. The firm presently has a “buy” rating on the technology company’s stock. Citic Securities’ price target would indicate a potential upside of 20.25% from the stock’s current price.

Several other equities analysts also recently weighed in on DELL. Evercore ISI set a $180.00 price target on Dell Technologies and gave the company an “outperform” rating in a report on Monday, November 3rd. Wells Fargo & Company increased their price objective on shares of Dell Technologies from $160.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. Daiwa Capital Markets lifted their target price on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Argus upped their target price on shares of Dell Technologies from $150.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Dell Technologies in a research report on Wednesday, October 8th. Seventeen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $161.05.

Dell Technologies Stock Performance

Shares of DELL opened at $133.06 on Friday. The firm’s 50-day simple moving average is $143.67 and its two-hundred day simple moving average is $130.73. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The stock has a market cap of $89.46 billion, a PE ratio of 17.74, a price-to-earnings-growth ratio of 1.01 and a beta of 1.02.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The firm had revenue of $27.01 billion for the quarter, compared to analysts’ expectations of $27.26 billion. During the same period in the previous year, the firm posted $2.15 EPS. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS. Q4 2026 guidance at 3.500-3.500 EPS. Equities research analysts predict that Dell Technologies will post 6.93 EPS for the current year.

Insiders Place Their Bets

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 19,256 shares of the business’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $154.21, for a total transaction of $2,969,467.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of Dell Technologies stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $161.48, for a total value of $80,739,838.52. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,537,755 shares of company stock worth $642,644,973 in the last 90 days. Insiders own 42.00% of the company’s stock.

Institutional Trading of Dell Technologies

Several hedge funds have recently bought and sold shares of DELL. Norges Bank purchased a new position in shares of Dell Technologies during the 2nd quarter valued at about $528,279,000. Wellington Management Group LLP raised its stake in Dell Technologies by 4,279.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after acquiring an additional 2,937,137 shares during the period. Invesco Ltd. lifted its holdings in Dell Technologies by 82.3% during the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock valued at $688,315,000 after purchasing an additional 2,191,317 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Dell Technologies by 541.9% in the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock worth $283,052,000 after purchasing an additional 1,685,529 shares during the period. Finally, Boston Partners increased its stake in shares of Dell Technologies by 34.4% in the first quarter. Boston Partners now owns 5,132,877 shares of the technology company’s stock worth $466,418,000 after purchasing an additional 1,312,600 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).