Dell Technologies (NYSE:DELL) Stock Price Down 1.9% – Should You Sell?

Dell Technologies Inc. (NYSE:DELL)’s stock price traded down 1.9% during mid-day trading on Monday. The stock traded as low as $546.00 and last traded at $552.0870. Approximately 4,167,209 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 8,353,753 shares. The stock had previously closed at $562.52.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Mizuho raised its price target to $650 from $600 and maintained an Outperform rating. The upgrade followed Dell’s reported $60.9 billion in AI server orders, $16.4 billion in AI server revenue and a $95 billion AI server backlog. Management also raised fiscal 2027 revenue guidance to approximately $192 billion. Why Dell Stock Is Trading Up Today
• Positive Sentiment: AI server demand remains the primary growth catalyst. Recent coverage highlighted record orders, the large backlog, stronger profitability and sharply increased fiscal 2027 guidance, supporting expectations for continued revenue and earnings growth. Dell’s latest reported quarter also showed substantial year-over-year revenue growth and earnings above consensus. Dell Jumps 32% in 3 Months
• Positive Sentiment: Jim Cramer described Dell as the better operator compared with Hewlett Packard Enterprise, although he viewed HPE as the cheaper stock. The favorable operational assessment may reinforce investor confidence in Dell’s execution in AI hardware. Jim Cramer Prefers Dell
• Positive Sentiment: Dell expanded its AI infrastructure offerings through updates to its AI Data Platform, including a knowledge graph for AI agents and faster Nvidia processing. A separate partnership with JERA and Rhaelm targets behind-the-meter AI infrastructure in Japan, potentially broadening Dell’s data-center opportunities. Dell AI Data Platform Update
• Neutral Sentiment: Analyst enthusiasm has increased, with Dell among the most-upgraded stocks recently and the consensus price target reportedly raised. However, the stock is trading near its 12-month high and at a substantial valuation, leaving execution, AI demand durability and supply constraints as key risks.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. KeyCorp restated a “sector weight” rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective for the company in a research note on Wednesday, September 2nd. Wells Fargo & Company boosted their price objective on shares of Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Mizuho raised their target price on shares of Dell Technologies from $600.00 to $650.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Evercore reiterated an “outperform” rating and set a $650.00 price target on shares of Dell Technologies in a report on Wednesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $571.12.

Dell Technologies Price Performance

The company has a market cap of $364.51 billion, a PE ratio of 33.27, a price-to-earnings-growth ratio of 0.57 and a beta of 1.37. The business has a fifty day simple moving average of $496.85 and a two-hundred day simple moving average of $374.02.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results 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 the consensus estimate 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 was up 57.7% compared to the same quarter last year. During the same period last 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 research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be given 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 0.4%. Dell Technologies’s payout ratio is presently 14.63%.

Insiders Place Their Bets

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 sale, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. This trade represents a 58.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the transaction, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,733,241 shares of company stock worth $920,994,750. Insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DELL. Plato Investment Management Ltd purchased a new stake in shares of Dell Technologies during the second quarter worth $5,913,000. Gabelli Funds LLC boosted its holdings in Dell Technologies by 49.0% in the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after purchasing an additional 15,150 shares during the period. Deutsche Bank AG grew its stake in Dell Technologies by 24.6% during the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock worth $694,489,000 after purchasing an additional 1,090,336 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in Dell Technologies during the 1st quarter worth about $5,930,000. Finally, Envestnet Portfolio Solutions Inc. raised its position in Dell Technologies by 71.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock valued at $2,660,000 after purchasing an additional 2,576 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

About Dell Technologies

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.