Dell Technologies (NYSE:DELL) Trading 1.7% Higher – What’s Next?

Dell Technologies Inc. (NYSE:DELL) shot up 1.7% on Tuesday . The company traded as high as $568.67 and last traded at $543.51. 9,569,636 shares changed hands during mid-day trading, an increase of 14% from the average daily volume of 8,391,254 shares. The stock had previously closed at $534.28.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell’s AI order pipeline and backlog remain the primary catalyst. Recent reports point to record AI-optimized server revenue of $16.4 billion in the latest quarter, a fiscal 2027 AI-server revenue target of $74 billion, and total revenue guidance of $192 billion. Investors are increasingly debating whether the backlog can support further earnings growth beyond current expectations. Dell’s AI Backlog Surge
• Positive Sentiment: Goldman Sachs raised its outlook for the global server market to potentially reach $1.5 trillion by 2030, implying a 39% compound annual growth rate from 2025. The forecast supports expectations for sustained demand for Dell’s AI servers, storage, and data-center equipment. Goldman Sachs server-market outlook
• Positive Sentiment: The broader AI-server sector is rallying, helping Dell benefit from favorable industry sentiment. Dell is also scheduled to join the S&P 100 before the open on September 21, which could generate incremental demand from index-tracking funds. AI server stocks rally
• Positive Sentiment: Dell’s collaboration with Axelera AI adds a lower-power inference accelerator option to its server portfolio. While no orders or guaranteed revenue were disclosed, the partnership broadens Dell’s AI infrastructure ecosystem and supports its positioning in enterprise inference. Dell and Axelera AI collaboration
• Negative Sentiment: Silver Lake-affiliated directors and entities continue selling sizable Dell positions, including more than $60 million of reported sales on September 14 after additional sales on September 11. The transactions create a potential supply overhang and profit-taking concern following the stock’s sharp advance. Dell insider ownership filing

Analysts Set New Price Targets

A number of brokerages recently commented on DELL. Wells Fargo & Company lifted their price target on Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. The Goldman Sachs Group upped their price objective on Dell Technologies from $510.00 to $570.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Wolfe Research cut Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research note on Friday, May 29th. Royal Bank Of Canada initiated coverage on shares of Dell Technologies in a research report on Thursday, September 10th. They set an “outperform” rating and a $640.00 price target for the company. Finally, Mizuho raised their price objective on shares of Dell Technologies from $500.00 to $600.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average price target of $560.24.

Dell Technologies Trading Up 4.3%

The stock has a market cap of $380.65 billion, a PE ratio of 34.08, a PEG ratio of 0.56 and a beta of 1.34. The business has a 50-day moving average price of $459.06 and a 200 day moving average price of $333.89.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm’s quarterly revenue was up 57.7% compared to the same quarter last year. During the same period in the previous year, the business 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, equities analysts predict that Dell Technologies Inc. will post 25.14 earnings per share for the current year.

Dell Technologies Announces Dividend

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

Insider Activity at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 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 value of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares in the company, valued at approximately $33,217,884.06. The trade was a 58.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $42,942,324.04. Following the sale, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,681,793 shares of company stock valued at $834,887,936. 41.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DELL. Revere Asset Management Inc bought a new position in shares of Dell Technologies in the second quarter valued at approximately $5,524,000. Sequoia Financial Advisors LLC increased its holdings in Dell Technologies by 4.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 50,146 shares of the technology company’s stock worth $21,636,000 after acquiring an additional 2,176 shares during the period. MCF Advisors LLC lifted its stake in Dell Technologies by 4.4% in the 2nd quarter. MCF Advisors LLC now owns 2,377 shares of the technology company’s stock worth $1,026,000 after purchasing an additional 100 shares in the last quarter. Archford Capital Strategies LLC bought a new position in Dell Technologies in the 2nd quarter valued at $1,214,000. Finally, Gemmer Asset Management LLC purchased a new position in shares of Dell Technologies during the 2nd quarter valued at $274,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

About Dell Technologies

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.