Bank of America Boosts Dell Technologies (NYSE:DELL) Price Target to $172.00

Dell Technologies (NYSE:DELL) had its price objective upped by equities research analysts at Bank of America from $155.00 to $172.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Bank of America‘s target price indicates a potential downside of 2.70% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. The Goldman Sachs Group began coverage on Dell Technologies in a research note on Tuesday, January 13th. They set a “buy” rating and a $165.00 price objective on the stock. Dbs Bank upgraded shares of Dell Technologies to a “moderate buy” rating in a report on Monday, January 5th. Mizuho increased their price target on shares of Dell Technologies from $175.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Barclays lifted their price objective on shares of Dell Technologies from $148.00 to $168.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Citic Securities boosted their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, November 28th. Seventeen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $164.22.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $176.78 on Monday. The business has a 50-day moving average of $130.58 and a 200-day moving average of $134.58. The stock has a market capitalization of $114.15 billion, a price-to-earnings ratio of 20.27, a PEG ratio of 0.77 and a beta of 0.96. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $178.31.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.53 by $0.36. The business had revenue of $33.38 billion for the quarter, compared to analyst estimates of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.Dell Technologies’s revenue was up 39.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.68 earnings per share. 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. On average, sell-side analysts expect that Dell Technologies will post 6.93 EPS for the current year.

Insider Transactions at Dell Technologies

In other news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 74,258 shares of Dell Technologies stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $152.28, for a total transaction of $11,308,008.24. Following the sale, the director directly owned 92 shares of the company’s stock, valued at $14,009.76. The trade was a 99.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,542,455 shares of company stock valued at $230,444,598. Corporate insiders own 42.00% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

A number of large investors have recently made changes to their positions in DELL. Vanguard Group Inc. boosted its stake in Dell Technologies by 4.5% in the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after purchasing an additional 1,355,841 shares during the period. State Street Corp increased its position in Dell Technologies by 1.8% during the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after buying an additional 265,740 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Dell Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after buying an additional 108,011 shares in the last quarter. Invesco Ltd. boosted its position in shares of Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after acquiring an additional 2,445,854 shares during the period. Finally, Boston Partners grew its stake in shares of Dell Technologies by 15.0% in the second quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after acquiring an additional 771,966 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Strong quarterly results and sell‑side support — Dell reported an EPS beat and robust revenue growth; Bernstein reiterated an Outperform following the print, supporting bullish momentum. Dell Technologies Rated Outperform After Strong Earnings Beat
• Positive Sentiment: Bank of America raised its price target to $172 and reiterated a Buy, adding analyst conviction that likely contributed to investor demand. BofA price-target raise coverage
• Positive Sentiment: Product and go‑to‑market moves for AI/security — Dell expanded cybersecurity and resilience offerings for AI deployments and emerging quantum risks, strengthening its enterprise AI/server value proposition. Dell expands cybersecurity and resilience for AI era
• Positive Sentiment: Channel and partner momentum — Redesign Group achieved Titanium Black status in Dell’s partner program, which helps extend sales reach for Dell’s infrastructure products. Redesign Group Titanium Black
• Positive Sentiment: Institutional accumulation — several large funds and the Michael & Susan Dell Foundation have materially increased Dell stakes over recent quarters, signaling institutional confidence and supply sidelining. MarketBeat DELL ownership & flows
• Neutral Sentiment: Broader market tailwinds — an overall risk‑on market (geopolitical easing and a strong tape) has helped technology names, amplifying Dell’s move but not unique to the company. Geopolitical thaw helps tech rally
• Negative Sentiment: Insider selling — recent filings show the CAO and other insiders sold shares (including a large CMO disposition), which can raise short‑term investor caution even if not uncommon. Insider sale: Richard Troy Sharp CMO sale coverage
• Negative Sentiment: Contrarian valuation/execution concerns — at least one in‑depth note argues Dell may be over‑priced relative to execution risks despite a large AI backlog, a reminder that upside depends on sustained AI order conversion and margins. Contrarian: Dell not a buy despite $43B AI backlog

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.