Dell Technologies (NYSE:DELL) Shares Down 5.2% – What’s Next?

Dell Technologies Inc. (NYSE:DELL)’s stock price traded down 5.2% during trading on Thursday . The stock traded as low as $391.16 and last traded at $391.4080. Approximately 6,249,935 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 8,660,405 shares. The stock had previously closed at $412.68.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell continues to benefit from strong demand for AI-optimized servers, with recent coverage highlighting a growing backlog, major Nvidia-related partnerships, and enterprise/government adoption of its data-center products. Tech Corner: DELL’s Booming AI Server Business
• Positive Sentiment: Analyst commentary remains constructive overall, with multiple recent price targets clustered around the $500 level, suggesting Wall Street still sees upside if AI server growth stays strong.
• Neutral Sentiment: Coverage also notes Dell has been a standout performer this year, but the stock has recently stalled as investors wait for proof that AI-driven revenue can keep outrunning expectations. Dell stock has stalled since May: will it pop or crash?
• Neutral Sentiment: A separate market note said Dell remains a favorite in some investing circles and was included on a stock “ready list,” indicating continued interest from momentum and growth investors. IBD Live Q&A Summary, Stock Lists For Thursday, July 16, 2026
• Negative Sentiment: AI hardware stocks sold off broadly, with investors taking profits and questioning whether the current pace of infrastructure spending can support today’s valuations, which has weighed on DELL along with peers. Stock Market Today: Dow Rises On Lower Inflation Data; Dell, Sandisk Tank (Live Coverage)
• Negative Sentiment: Recent reports also pointed to heavy insider selling and concerns that AI server margins could be pressured by mix shift, reinforcing the idea that some investors are locking in gains after Dell’s huge rally. “Investors Think Memory Maybe Peaking,” says Top Evercore Analyst as DELL Stock Tanks 14%

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DELL. UBS Group set a $700.00 price target on shares of Dell Technologies in a research note on Friday, May 29th. Wall Street Zen raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Royal Bank Of Canada started coverage on Dell Technologies in a report on Friday, May 29th. They set an “outperform” rating on the stock. Evercore restated an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, July 8th. Finally, Barclays lowered Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $492.76.

Dell Technologies Stock Performance

The business’s 50-day moving average is $366.72 and its 200-day moving average is $225.64. The company has a market capitalization of $253.67 billion, a PE ratio of 31.09, a PEG ratio of 0.98 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the prior year, the company earned $1.55 earnings per share. The business’s revenue was up 87.5% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. Analysts expect that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a $0.63 dividend. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio is presently 20.02%.

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of Dell Technologies stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the transaction, the director owned 24,287 shares in the company, valued at approximately $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the sale, the director directly owned 36,659 shares in the company, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683. 41.50% of the stock is owned by corporate insiders.

Institutional Trading of Dell Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. First Community Trust NA raised its holdings in Dell Technologies by 74.2% in the second quarter. First Community Trust NA now owns 364 shares of the technology company’s stock worth $157,000 after buying an additional 155 shares during the last quarter. Ballast Inc. purchased a new stake in shares of Dell Technologies during the second quarter valued at approximately $633,000. Regent Peak Wealth Advisors LLC bought a new stake in shares of Dell Technologies during the second quarter valued at approximately $334,000. Accel Wealth Management raised its holdings in Dell Technologies by 2.8% in the 2nd quarter. Accel Wealth Management now owns 1,421 shares of the technology company’s stock worth $613,000 after acquiring an additional 39 shares during the last quarter. Finally, Whitener Capital Management Inc. bought a new position in Dell Technologies in the 2nd quarter valued at approximately $225,000. 76.37% of the stock is currently owned by institutional investors.

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.