Dell Technologies (NYSE:DELL) Stock Price Up 2.1% – Time to Buy?

Dell Technologies Inc. (NYSE:DELL) traded up 2.1% during mid-day trading on Thursday . The company traded as high as $514.00 and last traded at $494.51. 8,024,830 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 8,320,849 shares. The stock had previously closed at $484.50.

Dell Technologies News Summary

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

• Positive Sentiment: Strong Lenovo results reinforced the AI-server demand outlook. Lenovo reported an AI server pipeline of approximately $54 billion, up 157%, suggesting continued spending on Nvidia-powered data-center infrastructure. Investors viewed the results as a positive read-through for Dell’s server business. Dell Rallies After Lenovo AI Server Pipeline Hits $54 Billion
• Positive Sentiment: Peer performance added to the momentum. Better-than-expected results and outlooks from Lenovo and Super Micro Computer, including Super Micro’s record backlog and robust AI-server guidance, lifted sentiment across the hardware sector and highlighted strong infrastructure demand. Super Micro Climbs on Record Backlog
• Positive Sentiment: Dell’s own operating momentum remains a key support. The company recently reported quarterly revenue of $43.84 billion, up 87.5% year over year, and earnings per share of $4.86 versus the $2.96 consensus estimate. Its reported server backlog and rapid AI-related growth are improving revenue visibility and encouraging analysts to expect another earnings beat. Will Dell Beat Estimates Again?
• Positive Sentiment: Technical momentum is attracting buyers. Coverage indicates DELL broke through important resistance and moved to a new all-time high, reinforcing bullish sentiment and potentially prompting additional momentum-focused buying. Did Dell Break Out?
• Neutral Sentiment: Dell is scheduled to report fiscal second-quarter 2027 results on September 3. The upcoming report could validate the AI-server growth narrative, but it also creates an event risk if results or guidance fall short of elevated expectations. Dell Earnings Scheduled for September 3
• Negative Sentiment: Some coverage cautions that rapid AI-server growth may compress margins, while reported insider activity has consisted predominantly of sales rather than purchases. These factors could limit upside or increase volatility after the stock’s substantial advance.

Analyst Ratings Changes

Several research firms have commented on DELL. TD Cowen raised their price objective on Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a report on Friday, May 29th. Guggenheim raised Dell Technologies to a “buy” rating in a research report on Monday, June 1st. Morgan Stanley cut their price target on Dell Technologies from $477.00 to $430.00 and set an “equal weight” rating on the stock in a research note on Monday. UBS Group set a $700.00 price objective on shares of Dell Technologies in a research note on Friday, May 29th. Finally, Raymond James Financial cut shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $492.43.

Dell Technologies Stock Performance

The firm has a market capitalization of $320.50 billion, a PE ratio of 39.28, a P/E/G ratio of 0.94 and a beta of 1.33. The stock has a fifty day moving average price of $418.45 and a 200-day moving average price of $268.57.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same period in the prior year, the business posted $1.55 EPS. The firm’s quarterly revenue was up 87.5% on a year-over-year basis. 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. Research analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 21st. Dell Technologies’s dividend payout ratio is presently 20.02%.

Insider Activity

In other Dell Technologies news, Director Lake Group L.L.C. Silver sold 16,679 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $396.37, for a total value of $6,611,055.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of Dell Technologies stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the completion of the transaction, the director directly owned 43,961 shares in the company, valued at $19,938,071.94. This represents a 44.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 over the last 90 days. 41.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Dell Technologies

Institutional investors have recently made changes to their positions in the business. Commonwealth Retirement Investments LLC acquired a new position in Dell Technologies during the 4th quarter valued at about $25,000. Rossby Financial LCC boosted its holdings in Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after acquiring an additional 184 shares in the last quarter. Navalign LLC purchased a new stake in shares of Dell Technologies during the fourth quarter worth about $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies during the fourth quarter worth about $29,000. Finally, WealthCollab LLC increased its holdings in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

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.