Dell Technologies (NYSE:DELL) Trading 9.9% Higher – Still a Buy?

Dell Technologies Inc. (NYSE:DELL)’s share price shot up 9.9% on Wednesday . The stock traded as high as $484.74 and last traded at $484.49. Approximately 6,167,773 shares changed hands during trading, a decline of 26% from the average session volume of 8,316,934 shares. The stock had previously closed at $440.97.

Dell Technologies News Summary

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

• Positive Sentiment: Strong AI-server momentum: Dell’s AI server business is reportedly growing rapidly, supported by a multibillion-dollar backlog, high-performance computing demand and expanding enterprise AI deployments. Analysts and investors see the opportunity potentially reaching $60 billion, although profitability remains an important consideration. Dell’s AI Server Boom Is Just Getting Started
• Positive Sentiment: Peer results lifted the sector: Super Micro Computer’s upbeat fiscal 2027 outlook highlighted sustained customer spending on AI infrastructure, helping drive gains across server suppliers including Dell. Super Micro Advances on Blowout AI Server Guidance
• Positive Sentiment: Revenue visibility is improving: Dell’s latest reported quarterly revenue increased 87.5% year over year to $43.84 billion, while earnings substantially exceeded consensus estimates. Its server backlog and continued AI-related partnerships are reinforcing expectations for further growth. Dell Technologies Stock Surges as AI Demand Fuels Fresh Momentum
• Positive Sentiment: Broader distribution: Dell expanded its partnership with D&H Distributing, giving more North American resellers access to its full storage and server portfolio. The move could widen channel reach for data-center and AI infrastructure products. Dell Expands North America Distribution Reach

Analyst Ratings Changes

Several equities analysts have recently issued reports on DELL shares. Citigroup upped their target price on Dell Technologies from $475.00 to $515.00 and gave the company a “buy” rating in a report on Friday, July 24th. HSBC upgraded Dell Technologies to a “buy” rating in a research note on Friday, May 29th. Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Finally, Sanford C. Bernstein lifted their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $492.43.

Dell Technologies Trading Up 9.9%

The company’s fifty day simple moving average is $417.18 and its 200 day simple moving average is $265.98. The stock has a market capitalization of $314.00 billion, a P/E ratio of 38.48, a P/E/G ratio of 0.98 and a beta of 1.33.

Dell Technologies (NYSE:DELL) last announced its earnings results 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. The business had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.55 EPS. 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. Equities research analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a dividend of $0.63 per share. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.5%. Dell Technologies’s payout ratio is presently 20.02%.

Insider Buying and Selling

In other news, Director Spv-2 L.P. Sl sold 175,901 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the sale, the director owned 36,659 shares in the company, valued at approximately $16,789,455.41. This trade represents a 82.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the company’s 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 of the company’s stock, valued at $11,123,203.13. This trade represents a 88.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,434,758 shares of company stock valued at $1,448,870,683. Corporate insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after purchasing an additional 901 shares during the period. Sivia Capital Partners LLC bought a new position in Dell Technologies in the 2nd quarter worth $328,000. Marshall Wace LLP purchased a new stake in shares of Dell Technologies in the 2nd quarter worth about $809,000. Gamco Investors INC. ET AL boosted its stake in shares of Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after purchasing an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in Dell Technologies by 147.2% in the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after buying an additional 34,538 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Company Profile

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.