Dell Technologies (NYSE:DELL) Price Target Raised to $550.00 at Loop Capital

Dell Technologies (NYSE:DELL) had its target price upped by Loop Capital from $150.00 to $550.00 in a report released on Friday morning,MarketScreener reports. The firm currently has a buy rating on the technology company’s stock.

Several other research analysts have also issued reports on DELL. Argus increased their price objective on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday. TD Cowen raised their target price on Dell Technologies from $150.00 to $450.00 and gave the company a “hold” rating in a research note on Friday. Piper Sandler raised their target price on Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a research note on Friday. Citigroup raised their target price on Dell Technologies from $290.00 to $475.00 and gave the company a “buy” rating in a research note on Friday. Finally, Raymond James Financial raised their target price on Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $421.00.

Dell Technologies Price Performance

Dell Technologies stock opened at $420.96 on Friday. The stock has a fifty day moving average price of $216.82 and a two-hundred day moving average price of $159.38. Dell Technologies has a 52-week low of $106.38 and a 52-week high of $429.15. The firm has a market capitalization of $271.83 billion, a P/E ratio of 33.44, a P/E/G ratio of 1.16 and a beta of 0.99.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $1.82. Dell Technologies had a negative return on equity of 324.36% and a net margin of 6.28%.The firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same period in the prior year, the company posted $1.55 earnings per share. The business’s revenue for the quarter was up 87.5% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. On average, equities research analysts predict that Dell Technologies will post 12.21 EPS for the current fiscal year.

Insider Transactions at Dell Technologies

In related news, CAO Richard Troy Sharp sold 1,538 shares of Dell Technologies stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $149.26, for a total value of $229,561.88. Following the completion of the sale, the chief accounting officer directly owned 8,030 shares in the company, valued at $1,198,557.80. This trade represents a 16.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO David Alan Kennedy sold 19,500 shares of Dell Technologies stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $182.53, for a total value of $3,559,335.00. Following the completion of the sale, the chief financial officer owned 183,097 shares of the company’s stock, valued at approximately $33,420,695.41. The trade was a 9.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 3,571,688 shares of company stock valued at $576,654,105. 41.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Retirement Investments LLC bought a new position in Dell Technologies during the fourth quarter worth about $25,000. Rossby Financial LCC boosted its holdings in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after buying an additional 184 shares during the last quarter. Navalign LLC bought a new position in Dell Technologies during the fourth quarter worth about $29,000. Kemnay Advisory Services Inc. bought a new position in Dell Technologies during the fourth quarter worth about $29,000. Finally, WealthCollab LLC boosted its holdings in Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell reported revenue of $43.8 billion, up 88% year over year, and EPS of $4.86, far above Wall Street expectations, signaling a major earnings beat. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI server demand was the main catalyst: Dell said AI-optimized server revenue jumped 757% to $16.1 billion, with $24.4 billion of AI orders and a record backlog, showing demand remains very strong. Reuters: Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised full-year guidance to $165 billion-$169 billion in revenue and lifted AI-server revenue expectations, which suggests the growth surge may continue into the next quarters. WSJ: Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets sharply, which can add momentum to the stock. Benzinga: Dell’s AI-Fueled Surge May Be Far From Over
• Neutral Sentiment: The Pentagon contract is strategically important and supports Dell’s enterprise/software relationships, but investors appear to be focusing more on the AI-server earnings beat than the contract itself. CNBC: Dell wins a $9.7 billion Pentagon software deal

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.