Dell Technologies (NYSE:DELL) Sets New 1-Year High – Time to Buy?

Dell Technologies Inc. (NYSE:DELL) hit a new 52-week high on Wednesday . The company traded as high as $538.47 and last traded at $533.27, with a volume of 6649771 shares trading hands. The stock had previously closed at $524.14.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Record AI server orders of $60.9 billion helped drive quarterly revenue to $46.97 billion, while earnings of $7.04 per share exceeded the $4.91 consensus estimate. The results reinforce expectations for rapid growth in AI-related infrastructure. Dell Q2 2027 Earnings Call Transcript
• Positive Sentiment: Coverage emphasizes that Dell is benefiting from an “on-premise” AI buildout, as enterprises install servers and AI systems internally rather than relying exclusively on public cloud providers. This broadens the potential demand opportunity beyond hyperscale data centers. Dell’s latest reinvention and on-premise AI
• Positive Sentiment: Analysts and financial commentators continue to raise Dell’s profile as a leading AI infrastructure investment, citing surging earnings, strong demand and the company’s roughly $95 billion AI backlog. Wall Street optimism has supported the stock’s recent momentum. Wall Street raises Dell targets after earnings
• Neutral Sentiment: Dell’s consumer PC business is also expanding with the lower-priced Dell 14S laptop, supported by improving PC demand. However, competition from HP and Apple limits the significance of this opportunity relative to the much larger AI server business. Dell expands consumer PC reach
• Negative Sentiment: At roughly $524 per share after a gain of more than 300% over the past year, valuation and execution risk are becoming more important. Investors are questioning how much of the AI backlog will convert into revenue and profitable margins, while the stock’s proximity to its high leaves less room for disappointment. Is Dell Making Money Where You Think It Is?

Wall Street Analyst Weigh In

DELL has been the topic of several recent research reports. Morgan Stanley upped their target price on shares of Dell Technologies from $434.00 to $499.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 2nd. Cantor Fitzgerald started coverage on Dell Technologies in a research report on Wednesday, September 2nd. They set an “overweight” rating on the stock. CLSA upgraded Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Fox Advisors raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price target on the stock in a research report on Wednesday, September 2nd. Finally, Citigroup boosted their price objective on Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $553.79.

Dell Technologies Price Performance

The firm’s 50 day simple moving average is $443.55 and its 200-day simple moving average is $316.11. The company has a market cap of $345.62 billion, a price-to-earnings ratio of 30.95, a P/E/G ratio of 0.54 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter in the previous year, the business earned $1.70 earnings per share. The firm’s revenue for the quarter was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, analysts forecast that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the sale, the director directly owned 73,185 shares of the company’s stock, valued at $37,861,527.90. This trade represents a 53.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Silver Lake Partners V. De (Aiv sold 47,695 shares of Dell Technologies stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $24,674,531.30. Following the sale, the director owned 37,799 shares of the company’s stock, valued at approximately $19,554,934.66. This trade represents a 55.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,248,199 shares of company stock valued at $558,352,352 in the last three months. 41.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Dell Technologies

Several hedge funds have recently made changes to their positions in DELL. Brighton Jones LLC increased its holdings in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after buying an additional 901 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Dell Technologies during the second quarter worth about $328,000. Marshall Wace LLP purchased a new position in shares of Dell Technologies in the 2nd quarter worth about $809,000. Gamco Investors INC. ET AL raised its holdings in shares of Dell Technologies by 30.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after purchasing an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of Dell Technologies by 147.2% during the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.