Dell Technologies (NYSE:DELL) Now Covered by Royal Bank Of Canada

Analysts at Royal Bank Of Canada initiated coverage on shares of Dell Technologies (NYSE:DELL) in a report released on Thursday, Benzinga reports. The firm set an “outperform” rating and a $640.00 price target on the technology company’s stock. Royal Bank Of Canada’s target price points to a potential upside of 26.20% from the stock’s current price.

A number of other research analysts have also commented on the stock. Morgan Stanley raised their price objective on shares of Dell Technologies from $434.00 to $499.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 2nd. TD Cowen upped their target price on Dell Technologies from $450.00 to $500.00 and gave the stock a “hold” rating in a research report on Wednesday, September 2nd. Citigroup lifted their price target on Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. Daiwa Securities Group boosted their price objective on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. Finally, Roth Capital started coverage on Dell Technologies in a report on Friday, May 29th. They issued a “buy” rating for the company. One equities 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $560.24.

Dell Technologies Trading Down 5.3%

DELL stock traded down $28.12 during trading on Thursday, hitting $507.13. The company had a trading volume of 5,801,844 shares, compared to its average volume of 8,344,363. The firm has a market capitalization of $328.68 billion, a price-to-earnings ratio of 29.43, a P/E/G ratio of 0.55 and a beta of 1.34. The business has a 50 day moving average of $445.73 and a 200 day moving average of $319.04. Dell Technologies has a fifty-two week low of $110.22 and a fifty-two week high of $562.99.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter last year, the company earned $1.70 EPS. Dell Technologies’s quarterly revenue was up 57.7% on a year-over-year basis. 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. As a group, equities analysts predict that Dell Technologies will post 25.14 EPS for the current year.

Insider Buying and Selling at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 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 transaction of $47,176,751.94. Following the completion of the sale, the director owned 64,209 shares in the company, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The sale was disclosed in a legal 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 firm’s 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 directly owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,301,517 shares of company stock worth $607,019,380 in the last ninety days. 41.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

Institutional investors have recently bought and sold shares of the stock. Cornerstone Financial Management LLC lifted its stake in Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after buying an additional 23 shares in the last quarter. Triumph Capital Management increased its position in shares of Dell Technologies by 2.3% in the second quarter. Triumph Capital Management now owns 1,405 shares of the technology company’s stock worth $606,000 after acquiring an additional 32 shares in the last quarter. Accel Wealth Management increased its position in shares of Dell Technologies by 2.8% in the second quarter. Accel Wealth Management now owns 1,421 shares of the technology company’s stock worth $613,000 after acquiring an additional 39 shares in the last quarter. West Family Investments Inc. raised its holdings in shares of Dell Technologies by 3.6% during the second quarter. West Family Investments Inc. now owns 1,263 shares of the technology company’s stock valued at $545,000 after acquiring an additional 44 shares during the period. Finally, Ariadne Wealth Management LP lifted its position in shares of Dell Technologies by 1.6% in the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after acquiring an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell reported approximately $60.9 billion in AI-server orders and a roughly $95 billion backlog. The figures reinforce expectations that AI infrastructure demand will remain strong, although investors are watching how quickly the backlog converts into revenue and cash flow. Dell AI-server orders and backlog
• Positive Sentiment: Recent quarterly results remain supportive: Dell delivered $7.04 in adjusted earnings per share versus the $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. Analysts have continued to raise price targets and maintain generally bullish ratings. Dell AI-server orders and earnings
• Positive Sentiment: CEO Michael Dell said the structural shortage of AI-driven computing capacity could worsen in 2027, supporting the view that demand may extend beyond the current upgrade cycle. Dell is also positioning itself for enterprise and on-premise AI deployments, not only hyperscale cloud spending. Dell CEO on AI compute shortage
• Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt while supporting its AI-server expansion. The financing may improve flexibility, but investors will monitor interest expense, leverage and returns on infrastructure investment. Dell bond offering
• Negative Sentiment: AI-server stocks are retreating as the recent rally unwinds, with no specific company announcement cited as the catalyst. Dell’s shares have risen more than 300% over the past year, increasing the likelihood of profit-taking and making the stock more sensitive to any disappointment.
• Negative Sentiment: Insiders, including Silver Lake-affiliated directors and Dell’s chief marketing officer, have sold substantial amounts of stock near recent highs. The transactions may reflect diversification, but they add a cautionary signal alongside Dell’s elevated valuation. Dell insider selling

Dell Technologies Company Profile

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.