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

Dell Technologies Inc. (NYSE:DELL)’s share price 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 traded. The stock had previously closed at $524.14.

More Dell Technologies News

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?

Analysts Set New Price Targets

Several brokerages have commented on DELL. Raymond James Financial raised their price objective on Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a report on Wednesday, September 2nd. Cantor Fitzgerald started coverage on shares of Dell Technologies in a report on Wednesday, September 2nd. They issued an “overweight” rating for the company. UBS Group restated an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. KeyCorp reaffirmed a “sector weight” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Finally, Barclays boosted their target price on shares of Dell Technologies from $550.00 to $603.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. One 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 company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $553.79.

Dell Technologies Stock Performance

The company has a market cap of $345.62 billion, a PE ratio of 30.95, a PEG ratio of 0.54 and a beta of 1.34. The firm’s 50 day moving average is $443.55 and its 200-day moving average is $316.11.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The business’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.70 EPS. 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 predict that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors 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 dividend yield of 0.5%. Dell Technologies’s dividend payout ratio is currently 14.63%.

Insider Activity

In other news, Director Silver Lake Partners V. De (Aiv sold 47,695 shares of Dell Technologies stock in a transaction that occurred on Thursday, September 3rd. The shares were 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. The trade was a 55.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Silver Lake Partners Iv, L.P. sold 75,285 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $507.61, for a total value of $38,215,418.85. Following the completion of the transaction, the director owned 155,401 shares in the company, valued at $78,883,101.61. This represents a 32.64% 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 ninety days. 41.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Dell Technologies

Several large investors have recently modified their holdings of DELL. Commonwealth Retirement Investments LLC purchased a new position in shares of Dell Technologies during the 4th quarter worth $25,000. Rossby Financial LCC raised its holdings in Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after buying an additional 184 shares during the period. Cornerstone Financial Management LLC lifted its position in Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after buying an additional 23 shares during the last quarter. Navalign LLC purchased a new position in Dell Technologies during the fourth quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Dell Technologies during the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

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.