Dell Technologies (NYSE:DELL) Hits New 52-Week High Following Analyst Upgrade

Dell Technologies Inc. (NYSE:DELL)’s share price hit a new 52-week high during mid-day trading on Monday after Bank of America raised their price target on the stock from $205.00 to $246.00. The company traded as high as $221.50 and last traded at $214.7990, with a volume of 2109920 shares traded. The stock had previously closed at $216.09.

Several other research analysts have also recently issued reports on the stock. Barclays lifted their target price on shares of Dell Technologies from $148.00 to $168.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Raymond James Financial raised their price target on shares of Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Weiss Ratings upgraded shares of Dell Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, April 16th. Piper Sandler lowered their price objective on Dell Technologies from $172.00 to $167.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. Finally, Dbs Bank upgraded Dell Technologies to a “moderate buy” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $183.68.

Insider Buying and Selling at Dell Technologies

In related news, COO Jeffrey W. Clarke sold 116,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the completion of the sale, the chief operating officer owned 1,687,414 shares in the company, valued at approximately $307,919,306.72. This represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Richard Troy Sharp sold 1,538 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $149.26, for a total value of $229,561.88. Following the completion of the transaction, the chief accounting officer directly owned 8,030 shares in the company, valued at approximately $1,198,557.80. This represents a 16.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 3,571,688 shares of company stock worth $576,654,105. 42.00% of the stock is owned by corporate insiders.

Dell Technologies News Summary

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

• Positive Sentiment: Bank of America raised its price target on DELL to $246 and reiterated a Buy, citing growing AI infrastructure spend that benefits Dell’s server and OEM businesses. Bank of America Highlights Growing AI Infrastructure Spend for Dell Technologies (DELL)
• Positive Sentiment: BofA and other outlets argue “agentic AI” will lift CPU intensity and enterprise server demand, supporting higher revenue and margin expectations for Dell. This thematic upgrade is a key driver of the stock’s strength. Dell (DELL) and HPE Stock Price Targets Lifted by BofA on Agentic AI Surge
• Positive Sentiment: Dell was selected with E4 Computer Engineering to build the IT4LIA AI supercomputer under the EuroHPC program — a commercial and reputation win that underscores Dell’s position in large-scale AI infrastructure. EuroHPC JU signs deal with Dell and E4 Computer Engineering for IT4LIA AI supercomputer
• Positive Sentiment: Analyst coverage and media pieces note Dell’s breakout run (YTD gains ~69%) and rising price targets, helping push the stock to record highs as investors price in sustained AI/server cycles. Dell Technologies stock hits all-time high
• Neutral Sentiment: Product press: new XPS 16 reviews (CNET and others) praise design and battery life but note high pricing — modest brand/consumer impact versus large enterprise/AI revenue drivers. Dell XPS 16 Review: CNET
• Negative Sentiment: Morgan Stanley raised its target slightly but kept an “underweight” rating, signaling some sell‑side concern about valuation after the rally — a reminder of downside risk if AI demand growth disappoints. Morgan Stanley adjusts Dell Technologies price target
• Negative Sentiment: Some commentary warns that the rapid multiple re-rating leaves valuation exposed; investors should weigh elevated expectations for sustained AI/server cycles against potential cyclicality. Dell’s Breakout is the Real Deal (analysis)

Hedge Funds Weigh In On Dell Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Phoenix Financial Ltd. raised its stake in Dell Technologies by 95.3% during the 3rd quarter. Phoenix Financial Ltd. now owns 33,792 shares of the technology company’s stock worth $4,923,000 after acquiring an additional 16,488 shares during the period. Stonegate Investment Group LLC boosted its position in shares of Dell Technologies by 24,493.8% in the third quarter. Stonegate Investment Group LLC now owns 411,946 shares of the technology company’s stock worth $58,402,000 after purchasing an additional 410,271 shares during the period. Commerzbank Aktiengesellschaft FI increased its stake in shares of Dell Technologies by 637.3% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 19,333 shares of the technology company’s stock worth $2,741,000 after purchasing an additional 16,711 shares in the last quarter. Providence Capital Advisors LLC bought a new stake in shares of Dell Technologies during the 3rd quarter valued at $7,060,000. Finally, Campbell Capital Management Inc. raised its position in shares of Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after purchasing an additional 20,362 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Trading Down 0.4%

The company has a market cap of $132.50 billion, a PE ratio of 23.50, a PEG ratio of 0.88 and a beta of 0.88. The business’s 50 day moving average is $165.56 and its two-hundred day moving average is $143.62.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business had revenue of $33.38 billion for the quarter, compared to analysts’ expectations of $31.60 billion. During the same period last year, the firm earned $2.68 earnings per share. The business’s quarterly revenue was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. As a group, equities research analysts predict that Dell Technologies Inc. will post 11.9 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Tuesday, April 21st will be given a dividend of $0.63 per share. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, April 21st. Dell Technologies’s dividend payout ratio (DPR) is currently 28.90%.

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.