Dell Technologies (NYSE:DELL) Given New $172.00 Price Target at Bank of America

Dell Technologies (NYSE:DELL) had its target price boosted by Bank of America from $155.00 to $172.00 in a report published on Monday,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

Several other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. dropped their price target on Dell Technologies from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Dbs Bank raised Dell Technologies to a “moderate buy” rating in a research report on Monday, January 5th. Evercore reiterated an “outperform” rating and issued a $160.00 target price on shares of Dell Technologies in a research note on Thursday, February 19th. Daiwa Securities Group upped their price target on Dell Technologies from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Morgan Stanley increased their price target on Dell Technologies from $101.00 to $110.00 and gave the stock an “underweight” rating in a report on Friday, February 27th. Seventeen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $164.22.

Dell Technologies Price Performance

Shares of NYSE:DELL opened at $164.74 on Monday. Dell Technologies has a 1-year low of $66.25 and a 1-year high of $169.90. The stock has a market cap of $106.38 billion, a P/E ratio of 18.89, a P/E/G ratio of 0.74 and a beta of 0.96. The firm has a fifty day moving average price of $129.43 and a 200 day moving average price of $134.22.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The company had revenue of $33.38 billion for the quarter, compared to analyst estimates of $31.60 billion. During the same period in the previous year, the business posted $2.68 earnings per share. Dell Technologies’s quarterly revenue was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. Sell-side analysts expect that Dell Technologies will post 6.93 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st will be issued a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, April 21st. This represents a $2.52 dividend on an annualized basis and a yield of 1.5%. This is a boost from Dell Technologies’s previous quarterly dividend of $0.53. Dell Technologies’s dividend payout ratio is presently 24.08%.

Insider Buying and Selling at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 74,258 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $152.28, for a total transaction of $11,308,008.24. Following the transaction, the director owned 92 shares of the company’s stock, valued at $14,009.76. This represents a 99.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CMO Jane Tunnell sold 28,529 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $152.51, for a total value of $4,350,957.79. Following the completion of the transaction, the chief marketing officer owned 53,373 shares of the company’s stock, valued at $8,139,916.23. The trade was a 34.83% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,542,455 shares of company stock worth $230,444,598. 42.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Dell Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Armstrong Advisory Group Inc. boosted its holdings in Dell Technologies by 3.6% during the third quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company’s stock worth $259,000 after buying an additional 63 shares in the last quarter. Flagship Harbor Advisors LLC increased its holdings in Dell Technologies by 1.3% in the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after buying an additional 71 shares in the last quarter. Westside Investment Management Inc. lifted its position in shares of Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock valued at $43,000 after acquiring an additional 78 shares during the period. Pinnacle Associates Ltd. lifted its position in shares of Dell Technologies by 0.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock valued at $3,067,000 after acquiring an additional 78 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Dell Technologies by 2.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company’s stock worth $504,000 after acquiring an additional 81 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Key Dell Technologies News

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

• Positive Sentiment: Dell rolled out expanded cybersecurity and resilience offerings targeting AI deployments and emerging quantum risks — a product push that reinforces its AI/server market positioning and could drive incremental enterprise spending. Dell Technologies Expands Cybersecurity and Resilience for the AI Era and Emerging Quantum Risks
• Positive Sentiment: Bank of America raised its price target on DELL to $172 and reiterated a Buy, providing fresh analyst support that likely contributed to the stock move. Price Target Raise Coverage
• Positive Sentiment: Major sell‑side and independent analysts remain constructive on Dell’s AI-server demand; a five‑star analyst note highlighted continued upside from strong enterprise AI spending. Dell Stock (DELL) Will Rise Further, Says Five-Star Analyst
• Positive Sentiment: Market coverage and trade‑day summaries noted Dell shares spiking after the company enhancements and the BofA move, indicating positive intraday momentum amid a broader market rally. Why Dell Stock Is Rising Today
• Neutral Sentiment: Broader market tailwinds — including easing geopolitical risk and a strong tape — are supporting tech names generally, which benefits Dell alongside company‑specific news. Geopolitical Thaw: Why This Rally Has Legs
• Negative Sentiment: Several insiders have sold shares recently (CAO Richard Troy Sharp, the CMO, and a director reported large dispositions). Persistent insider selling can create caution among some investors, even if filings don’t indicate diminished confidence in operations. Insider Sale: Richard Troy Sharp CMO Sale Coverage Director Sale Coverage
• Negative Sentiment: A contrarian analysis argues DELL may not be a buy despite a large reported AI backlog, warning that valuation and execution risks remain — a reminder of potential downside if AI demand or margins disappoint. Dell: Why It’s Not A Buy Despite A $43B AI Backlog

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.