Dell Technologies (NYSE:DELL) Stock Price Down 1.3% – Should You Sell?

Dell Technologies Inc. (NYSE:DELL)’s share price traded down 1.3% during trading on Thursday . The company traded as low as $114.79 and last traded at $118.55. Approximately 11,502,834 shares changed hands during trading, an increase of 37% from the average session volume of 8,373,489 shares. The stock had previously closed at $120.07.

More Dell Technologies News

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

• Positive Sentiment: New UltraSharp monitors announced at CES, pitched as “world‑first” innovations — supports Dell’s premium peripherals and commercial display positioning, which can help higher‑margin revenue. Dell unveils new UltraSharp monitors with world-first innovations
• Positive Sentiment: Dell has relaunched its XPS line (new XPS 14 and XPS 16) at CES — a return to premium laptops that could revive premium PC revenue and improve ASPs if adoption is strong. CES 2026: Dell XPS is back from the dead
• Positive Sentiment: J.P. Morgan reiterated a Buy, forecasting 15%+ EPS growth through FY27 and pointing to AI servers, premium PCs and cost discipline as drivers — lends credibility to upside expectations. Dell Technologies: Leveraging AI Servers, Premium PCs, and Cost Discipline to Drive 15%+ EPS Growth Through FY27
• Positive Sentiment: DBS Bank upgraded Dell — another sign of institutional support that can bolster investor confidence. Dell Technologies (NYSE:DELL) Upgraded at Dbs Bank
• Neutral Sentiment: Analyst/media pieces suggest the recent pullback may offer a buying opportunity for longer‑term investors — highlights mixed near‑term risk vs. valuation appeal after the dip. Is It Time To Revisit Dell Technologies (DELL) After Recent Share Price Pullback
• Neutral Sentiment: Market commentary notes a recent intraday decline amid a broader market uptick — a reminder broader market moves can amplify short‑term volatility in DELL. Dell Technologies (DELL) Stock Falls Amid Market Uptick
• Neutral Sentiment: Coverage flagged potentially mispriced options on DELL — could create trading opportunities but also indicates elevated derivatives interest and short‑term volatility risk. Dell Technologies (DELL) Stock Options Could Be Unusually Mispriced
• Negative Sentiment: Unusual put buying (≈57,487 put contracts) was recorded — heavy put flow can signal hedging or bearish bets and may pressure short‑term sentiment if sustained.
• Negative Sentiment: Morgan Stanley kept a Sell rating citing structural memory headwinds and margin risks despite server strength — underscores key downside risks in memory pricing and margins. Dell Technologies: Structural Memory Headwinds and Margin Risks Justify Sell Rating
• Negative Sentiment: Third‑party competitors (e.g., Super Micro) are ramping NVIDIA‑based AI server production — increased competition in AI servers could pressure Dell’s server unit growth and pricing power. Super Micro’s Rubin Rally: Is the AI Server Comeback Real?

Analyst Ratings Changes

DELL has been the subject of a number of recent research reports. Piper Sandler reissued an “overweight” rating on shares of Dell Technologies in a report on Wednesday, November 26th. Raymond James Financial lifted their price objective on shares of Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Citigroup restated a “buy” rating on shares of Dell Technologies in a research report on Wednesday, November 26th. Citic Securities increased their price target on shares of Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a report on Friday, November 28th. Finally, JPMorgan Chase & Co. boosted their price objective on Dell Technologies from $165.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Seventeen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.84.

Dell Technologies Price Performance

The firm has a market cap of $79.89 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 0.79 and a beta of 1.03. The stock has a 50-day moving average price of $132.00 and a 200 day moving average price of $134.03.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. The business had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period last year, the firm posted $2.15 earnings per share. 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. As a group, equities research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 20th will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.7%. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.

Insider Buying and Selling at Dell Technologies

In other news, Director Ellen Jamison Kullman sold 79,806 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $153.56, for a total value of $12,255,009.36. Following the completion of the sale, the director directly owned 65,662 shares of the company’s stock, valued at $10,083,056.72. This trade represents a 54.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lake Group L.L.C. Silver sold 6,617 shares of the company’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $151.63, for a total value of $1,003,335.71. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 157,423 shares of company stock valued at $23,064,865 in the last ninety days. Insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Dell Technologies by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 30,085,610 shares of the technology company’s stock worth $4,265,237,000 after acquiring an additional 964,080 shares during the period. State Street Corp raised its stake in Dell Technologies by 2.5% during the third quarter. State Street Corp now owns 14,450,258 shares of the technology company’s stock worth $2,048,613,000 after purchasing an additional 350,941 shares during the period. Boston Partners boosted its holdings in shares of Dell Technologies by 15.0% in the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after purchasing an additional 771,966 shares during the last quarter. Invesco Ltd. grew its stake in shares of Dell Technologies by 82.3% during the 3rd quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock valued at $688,315,000 after buying an additional 2,191,317 shares during the period. Finally, Norges Bank purchased a new position in shares of Dell Technologies in the 2nd quarter worth $528,279,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

About Dell Technologies

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.