Daiwa Capital Markets Forecasts Strong Price Appreciation for Dell Technologies (NYSE:DELL) Stock

Dell Technologies (NYSE:DELL) had its price objective boosted by Daiwa Capital Markets from $140.00 to $150.00 in a research report issued on Wednesday,MarketScreener reports. The firm presently has an “outperform” rating on the technology company’s stock. Daiwa Capital Markets’ target price indicates a potential upside of 7.93% from the stock’s current price.

A number of other research analysts have also issued reports on DELL. Wells Fargo & Company lifted their target price on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, October 8th. Bank of America lifted their price objective on shares of Dell Technologies from $160.00 to $163.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Piper Sandler reiterated an “overweight” rating on shares of Dell Technologies in a report on Wednesday, November 26th. Wall Street Zen upgraded shares of Dell Technologies from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Finally, Barclays cut their price objective on Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 26th. Sixteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Price Performance

Dell Technologies stock opened at $138.97 on Wednesday. Dell Technologies has a 12-month low of $66.25 and a 12-month high of $168.08. The stock has a market capitalization of $93.44 billion, a PE ratio of 18.53, a price-to-earnings-growth ratio of 0.89 and a beta of 1.03. The firm has a 50 day simple moving average of $143.83 and a 200-day simple moving average of $131.24.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share 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 during the quarter, compared to the consensus estimate of $27.26 billion. During the same period in the prior year, the firm posted $2.15 earnings per share. The firm’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 and its Q4 2026 guidance at 3.500-3.500 EPS. On average, analysts forecast that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of the business’s stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $161.48, for a total transaction of $80,739,838.52. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Lake Group L.L.C. Silver sold 6,617 shares of the stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $151.63, for a total transaction of $1,003,335.71. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 4,537,755 shares of company stock valued at $642,644,973 in the last 90 days. Corporate insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the company. William Allan Corp boosted its holdings in shares of Dell Technologies by 47.6% during the 2nd quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock worth $3,175,000 after buying an additional 8,355 shares during the period. Modera Wealth Management LLC acquired a new position in Dell Technologies during the 2nd quarter worth $241,000. WASHINGTON TRUST Co boosted its holdings in Dell Technologies by 11,037.8% during the second quarter. WASHINGTON TRUST Co now owns 88,100 shares of the technology company’s stock valued at $10,801,000 after acquiring an additional 87,309 shares during the period. First Hawaiian Bank grew its position in shares of Dell Technologies by 67.1% in the first quarter. First Hawaiian Bank now owns 34,878 shares of the technology company’s stock valued at $3,179,000 after purchasing an additional 14,010 shares during the last quarter. Finally, Carolina Wealth Advisors LLC bought a new position in shares of Dell Technologies in the second quarter worth about $8,869,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

About Dell Technologies

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).