Dell Technologies (NYSE:DELL) Given New $230.00 Price Target at The Goldman Sachs Group

Dell Technologies (NYSE:DELL) had its target price boosted by The Goldman Sachs Group from $215.00 to $230.00 in a research note published on Thursday,MarketScreener reports.

DELL has been the subject of a number of other research reports. Evercore lifted their price objective on Dell Technologies from $205.00 to $240.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Piper Sandler cut their price objective on shares of Dell Technologies from $172.00 to $167.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Citigroup lifted their price target on shares of Dell Technologies from $180.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Bank of America upped their price objective on Dell Technologies from $205.00 to $246.00 in a report on Monday. Finally, Daiwa Securities Group lifted their target price on Dell Technologies from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average price target of $184.47.

Dell Technologies Trading Up 0.2%

Shares of Dell Technologies stock traded up $0.50 during mid-day trading on Thursday, hitting $209.45. 751,877 shares of the stock were exchanged, compared to its average volume of 8,132,489. The stock has a market capitalization of $135.25 billion, a price-to-earnings ratio of 23.97, a price-to-earnings-growth ratio of 0.84 and a beta of 0.88. Dell Technologies has a twelve month low of $92.53 and a twelve month high of $221.50. The company has a 50-day simple moving average of $169.13 and a 200 day simple moving average of $144.50.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.53 by $0.36. The business had revenue of $33.38 billion for the quarter, compared to the consensus estimate of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The company’s quarterly revenue was up 39.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.68 earnings per share. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. Equities research analysts forecast that Dell Technologies will post 11.9 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Tuesday, April 21st will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, April 21st. This is an increase from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.2%. Dell Technologies’s dividend payout ratio is presently 28.90%.

Insider Activity

In other Dell Technologies news, CAO Richard Troy Sharp sold 1,538 shares of Dell Technologies stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $149.26, for a total transaction of $229,561.88. Following the sale, the chief accounting officer directly owned 8,030 shares in the company, valued at $1,198,557.80. The trade was a 16.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $176.81, for a total value of $67,541,420.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,571,688 shares of company stock worth $576,654,105 over the last three months. 42.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Dell Technologies

A number of large investors have recently modified their holdings of DELL. Simplicity Wealth LLC acquired a new position in shares of Dell Technologies during the first quarter worth approximately $215,000. Candriam S.C.A. boosted its stake in shares of Dell Technologies by 5.9% during the 1st quarter. Candriam S.C.A. now owns 68,957 shares of the technology company’s stock valued at $11,318,000 after buying an additional 3,817 shares during the period. ACR Alpine Capital Research LLC raised its holdings in shares of Dell Technologies by 9.4% during the first quarter. ACR Alpine Capital Research LLC now owns 116,886 shares of the technology company’s stock worth $19,184,000 after acquiring an additional 10,064 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in Dell Technologies by 11.9% during the first quarter. Sequoia Financial Advisors LLC now owns 47,970 shares of the technology company’s stock valued at $7,873,000 after purchasing an additional 5,090 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at approximately $228,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

More Dell Technologies News

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

• Positive Sentiment: Strategic partnership with Trust3 AI to embed unified governance into Dell’s Data Lakehouse, which strengthens Dell’s stack for secure, governed, enterprise AI deployments — a commercial catalyst for server, storage and services demand. Trust3 AI and Dell Technologies Partner to Deliver Secure, Governed, AI-Ready Data Lakehouse Infrastructure
• Positive Sentiment: Street analysts are raising targets and citing an AI server boom — including a new street-high price target — which supports upside expectations and investor sentiment around sustained AI-driven revenue growth. Dell Stock Just Got a New Street-High Price Target. Should You Buy Shares Here?
• Positive Sentiment: Short-term price momentum: coverage notes Dell outpaced the market in the latest session, reflecting buy-side enthusiasm around AI product cycles and the Trust3 tie-up. That momentum can help near-term flows ahead of catalysts. Why Dell Technologies (DELL) Outpaced the Stock Market Today
• Positive Sentiment: CEO Michael Dell publicly opposed a proposed AI data-center moratorium, arguing overregulation could hand advantages to rivals — a pro-growth stance that investors may view as supportive of ongoing AI investment and sales. Dell Technologies Inc. (DELL) CEO Speaks on AI Data Center Moratorium Proposal
• Neutral Sentiment: Competitive/industry context — Bank of America raised HPE’s target citing agentic AI opportunity; stronger peers can validate sector demand but also intensify competition for enterprise spend. Bank of America Lifts Hewlett Packard Enterprise (HPE) Target, Sees Upside from Agentic AI Shift
• Neutral Sentiment: Near-term catalyst: commentary and coverage note momentum “ahead of earnings”; investors will watch upcoming results and guidance for signs that AI demand sustains higher server/storage bookings. What’s Going With Dell Stock Today?
• Negative Sentiment: Competitive technology risk from rapid product cycles at peers (e.g., Nvidia’s new model/hardware launches) could pressure ASPs and margins in AI servers; investors should watch margin trajectory and component cost trends. As Nvidia Launches Nemotron 3 Nano Omni Model, Should You Buy, Sell, or Hold NVDA Stock?

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.