Dell Technologies (NYSE:DELL) Given New $144.00 Price Target at Morgan Stanley

Dell Technologies (NYSE:DELL) had its price objective lifted by Morgan Stanley from $135.00 to $144.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. Morgan Stanley’s price objective would suggest a potential upside of 10.11% from the company’s previous close.

A number of other equities analysts also recently weighed in on DELL. JPMorgan Chase & Co. boosted their target price on Dell Technologies from $125.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Evercore ISI upped their price objective on Dell Technologies from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, August 15th. Raymond James Financial increased their target price on Dell Technologies from $144.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, May 30th. Citigroup upped their price target on shares of Dell Technologies from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Finally, Mizuho upped their price target on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, May 19th. Sixteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and an average target price of $144.06.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $130.7790 on Thursday. The business has a 50-day simple moving average of $127.76 and a 200 day simple moving average of $109.68. The firm has a market capitalization of $88.78 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 0.89 and a beta of 1.02. Dell Technologies has a one year low of $66.25 and a one year high of $147.66.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing analysts’ consensus estimates of $1.68 by ($0.13). The company had revenue of $23.38 billion for the quarter, compared to the consensus estimate of $23.17 billion. Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%.The business’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.27 earnings per share. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. On average, sell-side analysts expect that Dell Technologies will post 6.93 EPS for the current year.

Insiders Place Their Bets

In other Dell Technologies news, CAO Brunilda Rios sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $126.29, for a total transaction of $757,740.00. Following the completion of the transaction, the chief accounting officer owned 18,948 shares of the company’s stock, valued at approximately $2,392,942.92. This trade represents a 24.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael S. Dell sold 10,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the transaction, the chief executive officer directly owned 25,912,241 shares of the company’s stock, valued at $3,168,289,707.07. This represents a 27.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,989,063 shares of company stock valued at $1,583,673,412 over the last ninety days. 42.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Dell Technologies

A number of large investors have recently added to or reduced their stakes in the stock. Stance Capital LLC grew its position in Dell Technologies by 260.5% in the 2nd quarter. Stance Capital LLC now owns 11,752 shares of the technology company’s stock worth $1,441,000 after purchasing an additional 8,492 shares during the period. MRP Capital Investments LLC lifted its stake in shares of Dell Technologies by 13.5% during the 2nd quarter. MRP Capital Investments LLC now owns 17,001 shares of the technology company’s stock valued at $2,084,000 after buying an additional 2,026 shares in the last quarter. State of Wyoming purchased a new position in shares of Dell Technologies during the 2nd quarter valued at $33,000. Asset Dedication LLC lifted its stake in shares of Dell Technologies by 2.0% during the 2nd quarter. Asset Dedication LLC now owns 4,318 shares of the technology company’s stock valued at $529,000 after buying an additional 84 shares in the last quarter. Finally, Liontrust Investment Partners LLP purchased a new stake in Dell Technologies in the 2nd quarter worth $16,734,000. Institutional investors own 76.37% of the company’s stock.

About Dell Technologies

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).