Wall Street Zen Downgrades Dell Technologies (NYSE:DELL) to Buy

Dell Technologies (NYSE:DELL) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Sunday.

Other analysts have also recently issued reports about the stock. The Goldman Sachs Group upped their price objective on shares of Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Sanford C. Bernstein boosted their target price on Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Citic Securities raised their price target on Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a report on Friday, November 28th. Morgan Stanley lifted their price objective on Dell Technologies from $110.00 to $113.00 and gave the company an “underweight” rating in a research report on Wednesday, November 26th. Finally, Piper Sandler restated an “overweight” rating on shares of Dell Technologies in a report on Wednesday, November 26th. Sixteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.84.

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $130.52 on Friday. The business’s fifty day moving average price is $143.18 and its two-hundred day moving average price is $132.66. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $168.08. The stock has a market capitalization of $87.76 billion, a price-to-earnings ratio of 17.40, a price-to-earnings-growth ratio of 0.87 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The company had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. During the same period last year, the business earned $2.15 earnings per share. The business’s revenue was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. Research analysts expect that Dell Technologies will post 6.93 EPS for the current fiscal year.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Lake Group L.L.C. Silver sold 6,617 shares of the company’s stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $151.63, for a total transaction of $1,003,335.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Egon Durban sold 71,000 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the completion of the transaction, the director directly owned 1,172,428 shares in the company, valued at approximately $161,935,755.36. This trade represents a 5.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 4,008,030 shares of company stock worth $576,159,860 over the last 90 days. Insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Winnow Wealth LLC bought a new stake in shares of Dell Technologies in the 2nd quarter valued at $25,000. Westside Investment Management Inc. grew its stake in Dell Technologies by 84.7% in the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after acquiring an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Dell Technologies in the second quarter valued at about $28,000. Central Pacific Bank Trust Division bought a new stake in shares of Dell Technologies in the second quarter worth about $29,000. Finally, Johnson Financial Group Inc. raised its position in shares of Dell Technologies by 66.2% during the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock worth $31,000 after purchasing an additional 100 shares during the period. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).