Susquehanna Upgrades Dell Technologies (NYSE:DELL) to Positive

Dell Technologies (NYSE:DELL) was upgraded by equities researchers at Susquehanna from a “neutral” rating to a “positive” rating in a report released on Friday.

DELL has been the subject of a number of other research reports. Weiss Ratings upgraded Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $280.00 target price on shares of Dell Technologies in a research note on Wednesday, May 20th. Truist Financial assumed coverage on Dell Technologies in a research note on Tuesday, March 31st. They issued a “hold” rating and a $170.00 price target on the stock. Evercore boosted their price target on Dell Technologies from $240.00 to $270.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Finally, JPMorgan Chase & Co. boosted their price target on Dell Technologies from $205.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $255.35.

Dell Technologies Stock Performance

DELL stock opened at $318.22 on Friday. Dell Technologies has a 1 year low of $106.38 and a 1 year high of $327.73. The firm has a market cap of $205.49 billion, a P/E ratio of 36.49, a price-to-earnings-growth ratio of 1.12 and a beta of 0.99. The stock has a 50-day simple moving average of $211.39 and a 200-day simple moving average of $157.54.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same quarter last year, the firm earned $1.55 earnings per share. The company’s revenue for the quarter 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. On average, equities research analysts predict that Dell Technologies will post 12.21 EPS for the current year.

Insider Activity

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 382,000 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $176.81, for a total transaction of $67,541,420.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO David Alan Kennedy sold 19,500 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $182.53, for a total value of $3,559,335.00. Following the transaction, the chief financial officer directly owned 183,097 shares in the company, valued at approximately $33,420,695.41. This represents a 9.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,571,688 shares of company stock valued at $576,654,105 over the last three months. Company insiders own 41.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Providence Capital Advisors LLC acquired a new position in shares of Dell Technologies in the 3rd quarter worth $7,060,000. Campbell Capital Management Inc. grew its holdings in shares of Dell Technologies by 34.0% in the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock worth $10,094,000 after acquiring an additional 20,362 shares during the last quarter. Lingohr Asset Management GmbH grew its holdings in shares of Dell Technologies by 733.9% in the 3rd quarter. Lingohr Asset Management GmbH now owns 58,898 shares of the technology company’s stock worth $8,320,000 after acquiring an additional 51,835 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of Dell Technologies by 10.5% in the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after acquiring an additional 7,642 shares during the last quarter. Finally, Prospera Financial Services Inc grew its holdings in shares of Dell Technologies by 54.3% in the 3rd quarter. Prospera Financial Services Inc now owns 41,492 shares of the technology company’s stock worth $5,886,000 after acquiring an additional 14,604 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell reported record Q1 revenue and earnings that beat analyst estimates by a wide margin, reinforcing that demand for its AI servers remains exceptionally strong.
• Positive Sentiment: Management raised full-year revenue and profit guidance, which suggests the current AI buildout is translating into a much larger earnings opportunity than previously expected.
• Positive Sentiment: AI-optimized server revenue surged, and the company said it booked large AI orders, supporting the view that Dell is becoming a major beneficiary of AI infrastructure spending.
• Neutral Sentiment: Dell also won a $9.7 billion Pentagon software contract, which adds to investor optimism, though the earnings beat and guidance raise appear to be the main drivers of the stock move.
• Negative Sentiment: Management noted supply constraints and a memory-chip crunch, which could limit how quickly Dell can convert demand into revenue if component shortages persist.

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.