Bank of America Boosts Dell Technologies (NYSE:DELL) Price Target to $205.00

Dell Technologies (NYSE:DELL) had its price target raised by equities research analysts at Bank of America from $172.00 to $205.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the technology company’s stock. Bank of America‘s price target indicates a potential upside of 12.91% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. Raymond James Financial upped their target price on shares of Dell Technologies from $166.00 to $182.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Wolfe Research initiated coverage on shares of Dell Technologies in a research report on Thursday. They issued a “peer perform” rating for the company. Evercore increased their price objective on shares of Dell Technologies from $160.00 to $205.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. Citigroup decreased their price objective on shares of Dell Technologies from $165.00 to $160.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Finally, Barclays increased their price objective on shares of Dell Technologies from $148.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $170.47.

Dell Technologies Trading Down 2.1%

NYSE DELL opened at $181.56 on Wednesday. Dell Technologies has a 52 week low of $75.94 and a 52 week high of $189.75. The stock has a market cap of $117.24 billion, a price-to-earnings ratio of 20.82, a price-to-earnings-growth ratio of 0.76 and a beta of 0.88. The company has a 50-day moving average price of $144.44 and a two-hundred day moving average price of $138.46.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter in the prior year, the firm earned $2.68 EPS. 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. As a group, equities research analysts expect that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Insider Activity at Dell Technologies

In related news, Director Ellen Jamison Kullman sold 150,346 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the completion of the sale, the director directly owned 65,662 shares in the company, valued at approximately $9,529,526.06. This trade represents a 69.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider William F. Scannell sold 143,067 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the sale, the insider owned 21,779 shares of the company’s stock, valued at $3,593,535. The trade was a 86.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 2,595,522 shares of company stock valued at $403,091,708. Insiders own 42.00% of the company’s stock.

Institutional Trading of Dell Technologies

Large investors have recently added to or reduced their stakes in the business. Phoenix Financial Ltd. grew its stake in Dell Technologies by 95.3% in the 3rd quarter. Phoenix Financial Ltd. now owns 33,792 shares of the technology company’s stock valued at $4,923,000 after buying an additional 16,488 shares during the last quarter. Stonegate Investment Group LLC grew its stake in Dell Technologies by 24,493.8% in the 3rd quarter. Stonegate Investment Group LLC now owns 411,946 shares of the technology company’s stock valued at $58,402,000 after buying an additional 410,271 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its stake in Dell Technologies by 637.3% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 19,333 shares of the technology company’s stock valued at $2,741,000 after buying an additional 16,711 shares during the last quarter. Providence Capital Advisors LLC acquired a new position in Dell Technologies in the 3rd quarter valued at $7,060,000. Finally, Allspring Global Investments Holdings LLC grew its stake in Dell Technologies by 4.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock valued at $40,990,000 after buying an additional 12,695 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: BofA raised its price target to $205 and reiterated a Buy, citing Dell’s scale, supplier relationships and positioning for enterprise AI growth. BofA Raises Dell PT to $205 — MarketScreener
• Positive Sentiment: Mizuho increased its price target to $215, reinforcing upside expectations tied to AI/data-center demand. Mizuho Increases Dell PT to $215 — AmericanBankingNews
• Positive Sentiment: Strong commercial PC demand lifted Client Solutions Group (CSG) revenue ~14%; Dell highlights AI‑ready portfolio and enterprise wins that can sustain growth in both PCs and servers. DELL Gains From Commercial PC Demand — Yahoo Finance
• Positive Sentiment: Dell partnered with HIVE to deploy NVIDIA’s next‑generation AI GPUs, expanding its footprint in large-scale AI infrastructure deployments. Dell and HIVE Partner to Deploy NVIDIA AI Chips — TheStreet
• Positive Sentiment: Dell signed an MoU with Sharjah Digital Department to accelerate AI adoption in government operations — another commercial/enterprise AI customer win. Sharjah Digital Department and Dell Sign MoU — Zawya
• Positive Sentiment: Dell pledged to grow its dividend ~10% annually through 2030 (recently raised the dividend ~20%), supporting the income case for investors. Dell Pledges Dividend Growth Through 2030 — TipRanks
• Positive Sentiment: Analysis suggests Super Micro’s regulatory issues could lead to share gains for Dell across servers, networking and storage — a potential catalyst for re‑rating. Super Micro Fallout Could Spark a Re‑Rate — Seeking Alpha
• Neutral Sentiment: Wolfe Research initiated coverage with a “peer perform” rating — adds another institutional viewpoint but not a clear bullish/bearish signal. Wolfe Research Initiates Coverage — TickerReport
• Neutral Sentiment: Dell recently hit an all‑time high amid the AI/data‑center momentum — price strength can attract profit‑taking and volatility. Dell Hits All‑Time High — Investing.com
• Negative Sentiment: Dell’s CEO made alarmist comments about AI consuming vast RAM resources, which some coverage framed as a risk to infrastructure cost curves and customer experience. CEO Warns About AI RAM Demand — Kotaku
• Negative Sentiment: Reports of AI-related layoffs presented as a cost reset; while intended to improve margins, layoffs can create near-term execution and sentiment risk. Dell AI Layoffs Reset Costs — Yahoo Finance

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.