Argus Forecasts Strong Price Appreciation for Dell Technologies (NYSE:DELL) Stock

Dell Technologies (NYSE:DELL) had its price target hoisted by equities researchers at Argus from $200.00 to $460.00 in a note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “buy” rating on the technology company’s stock. Argus’ price objective would indicate a potential upside of 8.20% from the company’s current price.

DELL has been the subject of a number of other research reports. Weiss Ratings raised shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 15th. Citigroup upped their price objective on Dell Technologies from $180.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Susquehanna raised Dell Technologies from a “neutral” rating to a “positive” rating in a research report on Friday. Wall Street Zen lowered Dell Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Barclays reaffirmed an “overweight” rating and set a $550.00 price objective on shares of Dell Technologies in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $313.45.

Dell Technologies Price Performance

Shares of DELL opened at $425.13 on Friday. The stock has a market capitalization of $274.53 billion, a price-to-earnings ratio of 48.45, a price-to-earnings-growth ratio of 1.12 and a beta of 0.99. Dell Technologies has a 1 year low of $106.38 and a 1 year high of $428.68. The business’s 50 day simple moving average is $211.39 and its 200-day simple moving average is $157.54.

Dell Technologies (NYSE:DELL) last posted 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. The firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. Dell Technologies’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same period last year, the firm posted $1.55 earnings per share. 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, sell-side analysts expect that Dell Technologies will post 12.21 earnings per share for the current year.

Insider Activity

In other Dell Technologies news, COO Jeffrey W. Clarke sold 116,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total value of $21,167,680.00. Following the sale, the chief operating officer owned 1,687,414 shares in the company, valued at $307,919,306.72. This trade represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.81, for a total transaction of $67,541,420.00. The disclosure for this sale is available in the SEC filing. Insiders sold 3,571,688 shares of company stock worth $576,654,105 in the last three months. Corporate insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Several large investors have recently added to or reduced their stakes in the stock. Groupama Asset Managment boosted its position in Dell Technologies by 2.6% in the 1st quarter. Groupama Asset Managment now owns 2,902 shares of the technology company’s stock valued at $476,000 after buying an additional 73 shares during the period. Segall Bryant & Hamill LLC purchased a new position in shares of Dell Technologies during the first quarter worth approximately $5,930,000. BankChampaign National Association purchased a new stake in shares of Dell Technologies in the first quarter valued at approximately $595,000. Liontrust Investment Partners LLP bought a new position in Dell Technologies in the first quarter worth approximately $653,000. Finally, SOA Wealth Advisors LLC. grew its stake in Dell Technologies by 519.2% in the first quarter. SOA Wealth Advisors LLC. now owns 452 shares of the technology company’s stock worth $74,000 after purchasing an additional 379 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell posted fiscal Q1 revenue of $43.8 billion, up 88% year over year, while adjusted EPS of $4.86 easily beat estimates; management also raised full-year revenue guidance to $165 billion-$169 billion and said AI-optimized server revenue could reach about $60 billion in FY2027. Article Title
• Positive Sentiment: The company also won a roughly $9.7 billion Pentagon software contract, adding another catalyst and reinforcing confidence in Dell’s enterprise and government business. Article Title
• Positive Sentiment: Analysts turned more constructive after the report, with Susquehanna upgrading Dell to “positive” and other firms lifting price targets as they cited stronger AI demand and a long runway for growth. Article Title
• Neutral Sentiment: Management said demand is not the main constraint — supply is — as chip and memory shortages continue to limit how quickly Dell can fulfill AI server orders. Article Title

About Dell Technologies

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.