Morgan Stanley Increases Dell Technologies (NYSE:DELL) Price Target to $499.00

Dell Technologies (NYSE:DELL) had its target price upped by investment analysts at Morgan Stanley from $434.00 to $499.00 in a report issued on Wednesday, Benzinga reports. The firm presently has an “equal weight” rating on the technology company’s stock. Morgan Stanley’s price objective would indicate a potential upside of 18.10% from the stock’s current price.

A number of other research analysts have also commented on the stock. The Goldman Sachs Group boosted their price target on shares of Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Loop Capital lifted their price objective on Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. TD Cowen boosted their target price on Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. UBS Group set a $575.00 price target on Dell Technologies in a report on Wednesday. Finally, Citic Securities lifted their price target on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $516.41.

Dell Technologies Trading Down 7.3%

Shares of Dell Technologies stock opened at $422.54 on Wednesday. The company’s 50-day moving average price is $433.44 and its 200-day moving average price is $301.96. Dell Technologies has a 12-month low of $110.22 and a 12-month high of $514.00. The company has a market cap of $273.85 billion, a price-to-earnings ratio of 33.56, a PEG ratio of 0.94 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data 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 6.28% and a negative return on equity of 366.90%. The company had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter in the previous year, the company earned $1.70 earnings per share. Dell Technologies’s revenue for the quarter 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. On average, sell-side analysts predict that Dell Technologies will post 18.32 earnings per share for the current year.

Insider Transactions at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 59,492 shares of the stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the transaction, the director owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. This trade represents a 40.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of Dell Technologies stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the completion of the transaction, the director owned 67,990 shares in the company, valued at approximately $30,836,184.60. The trade was a 50.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,134,674 shares of company stock worth $870,637,926 in the last three months. Corporate insiders own 41.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Cornerstone Financial Management LLC lifted its stake in shares of Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after acquiring an additional 23 shares during the last quarter. Triumph Capital Management grew its position in Dell Technologies by 2.3% during the 2nd quarter. Triumph Capital Management now owns 1,405 shares of the technology company’s stock worth $606,000 after acquiring an additional 32 shares during the last quarter. Accel Wealth Management increased its stake 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 purchasing an additional 39 shares during the period. Ariadne Wealth Management LP lifted its position in Dell Technologies by 1.6% in the first quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after purchasing an additional 49 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its stake in shares of Dell Technologies by 19.3% during the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after purchasing an additional 52 shares during the period. Hedge funds and other institutional investors 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: Dell reported fiscal Q2 revenue of approximately $47 billion, up 57.7% year over year and above the roughly $44.9 billion consensus estimate. Adjusted earnings of $7.04 per share exceeded expectations near $4.91. Dell again lifts forecasts as AI demand powers record results
• Positive Sentiment: AI-optimized server revenue reached $16.4 billion, doubling year over year. Record AI-server orders of $60.9 billion and a backlog reported at approximately $95 billion provide visibility into future growth. Dell AI Server Momentum Accelerates With Record AI Orders
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to $192 billion from $167 billion and adjusted EPS guidance to $25.50 from $17.90. Third-quarter guidance of $49 billion in revenue and $6.50 EPS also sits well above analyst forecasts. Dell Technologies Boosts Fiscal Year Outlook
• Positive Sentiment: Morgan Stanley, Goldman Sachs and Citigroup raised their price targets, signaling that analysts see potential for further earnings estimates and valuation revisions. Dell shares rise as demand jumps for AI servers
• Neutral Sentiment: Dell declared a quarterly dividend of $0.63 per share, payable October 30 to shareholders of record October 20, supporting shareholder returns but offering a relatively modest yield.
• Negative Sentiment: Investors may remain focused on execution risks, including securing scarce components for AI systems, potential server-margin pressure from elevated memory costs, and the need to convert the large backlog into profitable revenue.
• Negative Sentiment: Dell’s sharp prior rally leaves elevated expectations, while broader weakness in technology stocks, higher bond yields and geopolitical-driven oil prices could limit gains. Reported insider activity also shows substantial selling, although such transactions may reflect diversification rather than deteriorating fundamentals.

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.