Dell Technologies (NYSE:DELL) Stock Price Up 1.3% – What’s Next?

Dell Technologies Inc. (NYSE:DELL)’s share price rose 1.3% during mid-day trading on Monday . The stock traded as high as $592.44 and last traded at $575.20. 7,501,235 shares traded hands during trading, a decline of 11% from the average daily volume of 8,434,013 shares. The stock had previously closed at $568.06.

Dell Technologies News Summary

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

• Positive Sentiment: Morgan Stanley said Dell is well positioned to benefit from the growth of on-premises AI, supporting the view that enterprises will continue investing in Dell’s servers and infrastructure. Dell Best Positioned to Benefit From On-Premises AI Growth, Morgan Stanley Says
• Positive Sentiment: Dell’s AI customer base has surpassed 6,500, while enterprise, sovereign-AI and neocloud demand is contributing to record orders and an approximately $95 billion backlog. These figures reinforce expectations for continued revenue growth despite competition from Super Micro Computer and Hewlett Packard Enterprise. DELL Rides on Growing AI Clientele
• Positive Sentiment: Dell introduced the XPS Googlebook, a premium 13-inch laptop powered by Qualcomm’s Snapdragon X Elite and designed for Google’s Gemini Intelligence. The product broadens Dell’s consumer lineup and links its XPS brand to the expanding AI-PC market. Dell Technologies Introduces the XPS Googlebook
• Positive Sentiment: Analyst commentary continues to highlight Dell, alongside SMCI and HPE, as a way to participate in rising AI-server spending. Dell’s inclusion in the S&P 100 also improves its visibility among large-cap investors. Buy Top-Ranked DELL, SMCI & HPE
• Neutral Sentiment: Although Dell reached a fresh 52-week high, investors are weighing whether further gains are justified by fundamentals. The sharp rally increases sensitivity to valuation, execution and any slowdown in AI infrastructure demand. Dell Hits Fresh High: Is There Still Room to Run?
• Negative Sentiment: Two Dell directors sold substantial amounts of stock, totaling roughly $42 million. The transactions may raise concerns about insider confidence, although they do not necessarily indicate a change in the company’s business outlook. Dell Director Sells Stock
• Negative Sentiment: A separate valuation-focused report argued that Dell’s strong performance leaves substantial downside risk, highlighting the potential for profit-taking if AI growth expectations or valuation multiples weaken. Dell: This High Flyer Has 67% Downside

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DELL. William Blair started coverage on Dell Technologies in a research note on Monday, June 1st. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $565.00 to $635.00 and gave the company an “overweight” rating in a report on Wednesday, September 2nd. Daiwa Securities Group raised their target price on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. Citic Securities upped their price target on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a report on Monday, June 1st. Finally, Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research note on Thursday, September 10th. They issued an “outperform” rating and a $640.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $560.72.

Dell Technologies Trading Up 1.3%

The firm has a market capitalization of $372.79 billion, a PE ratio of 33.38, a P/E/G ratio of 0.59 and a beta of 1.34. The company has a fifty day moving average price of $464.52 and a two-hundred day moving average price of $339.93.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter last year, the business posted $1.70 EPS. The firm’s quarterly revenue was up 57.7% compared to the same quarter last year. 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. As a group, equities research analysts predict that Dell Technologies Inc. will post 25.14 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is presently 14.63%.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 26,553 shares of the firm’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $585.91, for a total transaction of $15,557,668.23. Following the transaction, the director directly owned 59,331 shares of the company’s stock, valued at approximately $34,762,626.21. This trade represents a 30.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO David Kennedy sold 23,896 shares of Dell Technologies stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $585.02, for a total transaction of $13,979,637.92. Following the completion of the transaction, the chief financial officer owned 159,201 shares in the company, valued at approximately $93,135,769.02. This represents a 13.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,083,958 shares of company stock worth $1,065,770,229 over the last 90 days. Company insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Several institutional investors have recently bought and sold shares of DELL. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies in the 4th quarter worth $25,000. Cornerstone Financial Management LLC increased its stake in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after acquiring an additional 23 shares during the period. Premier Financial Group purchased a new position in Dell Technologies during the second quarter worth about $34,000. Portus Wealth Advisors LLC acquired a new stake in Dell Technologies in the first quarter valued at about $35,000. Finally, Byrne Asset Management LLC purchased a new stake in Dell Technologies in the 2nd quarter valued at approximately $38,000. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Company Profile

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.