Dell Technologies (NYSE:DELL) Trading 9.1% Higher – Still a Buy?

Dell Technologies Inc. (NYSE:DELL)’s stock price was up 9.1% during trading on Tuesday . The company traded as high as $476.90 and last traded at $467.9630. 7,477,948 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 8,428,369 shares. The stock had previously closed at $429.02.

Key Dell Technologies News

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

• Positive Sentiment: AI server demand and backlog support the outlook. Dell’s record backlog, partnerships with leading chipmakers, and strong technical trends are being cited as evidence of continued growth in AI infrastructure. The company’s latest reported quarter also showed substantial earnings and revenue beats, reinforcing the bullish narrative. Dell: Record Backlogs & Surging AI Server Demand
• Positive Sentiment: D&H Distributing is adding Dell’s complete storage portfolio. The expanded offering should improve access to Dell storage products through a major distribution channel and may broaden the company’s reach among enterprise and small-business customers. D&H Distributing Expands Dell Offering With Addition of Complete Dell Storage Portfolio
• Positive Sentiment: AI ecosystem ties are adding to investor enthusiasm. Nvidia and Michael Dell participated in a funding round for Volta Infra, an AI cloud startup valued at $2.4 billion. While Michael Dell’s participation is personal rather than a stated Dell Technologies investment, the deal highlights connections between Dell’s leadership, Nvidia, and the expanding AI-computing market. Nvidia, Dell Back AI Cloud Startup Volta at $2.4 Billion Value
• Positive Sentiment: Analyst and momentum coverage remains favorable. Dell is being highlighted as a momentum stock trading near technical buy points, with analysts raising profit estimates amid the AI server demand surge. Dell Leaps Amid AI Server Demand Surge
• Neutral Sentiment: Sector-wide trading is amplifying the move. Dell and other AI server stocks rallied broadly, but reports noted no clear company-specific catalyst. That raises the possibility that the gains are driven partly by risk appetite and could be vulnerable to a reversal if momentum fades. AI Server Stocks Surge

Analyst Ratings Changes

DELL has been the topic of several recent research reports. Argus raised their price target on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Roth Capital began coverage on Dell Technologies in a research report on Friday, May 29th. They issued a “buy” rating for the company. Truist Financial lifted their target price on shares of Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. Bank of America upped their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, The Goldman Sachs Group raised their price target on shares of Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $494.67.

Dell Technologies Trading Up 9.1%

The company’s fifty day simple moving average is $407.73 and its 200 day simple moving average is $251.76. The firm has a market capitalization of $303.29 billion, a P/E ratio of 37.17, a price-to-earnings-growth ratio of 0.87 and a beta of 1.33.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same quarter in the previous year, the firm posted $1.55 EPS. The company’s revenue for the quarter was up 87.5% compared to the same quarter last year. 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. On average, analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently disclosed 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 yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 21st. Dell Technologies’s payout ratio is presently 20.02%.

Insider Buying and Selling

In other news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $86,928,791.95. Following the completion of the transaction, the director owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. This represents a 88.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the sale, the director directly owned 36,659 shares in the company, valued at approximately $16,789,455.41. The trade was a 82.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,434,758 shares of company stock worth $1,448,870,683 in the last quarter. Company insiders own 41.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Accel Wealth Management increased its stake in shares of Dell Technologies by 2.8% during the second quarter. Accel Wealth Management now owns 1,421 shares of the technology company’s stock worth $613,000 after acquiring an additional 39 shares during the period. Ariadne Wealth Management LP lifted its position in Dell Technologies by 1.6% in the first quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after purchasing an additional 49 shares during the period. Bell Investment Advisors Inc lifted its position in Dell Technologies by 19.3% in the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after purchasing an additional 52 shares during the period. Vectors Research Management LLC boosted its holdings in Dell Technologies by 0.4% in the 1st quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock valued at $2,404,000 after purchasing an additional 55 shares in the last quarter. Finally, Raleigh Capital Management Inc. increased its position in Dell Technologies by 6.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock worth $171,000 after purchasing an additional 67 shares during the period. Hedge funds and other institutional investors 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.