Wolfe Research Initiates Coverage on Dell Technologies (NYSE:DELL)

Stock analysts at Wolfe Research initiated coverage on shares of Dell Technologies (NYSE:DELL) in a research report issued on Thursday, Marketbeat Ratings reports. The firm set a “peer perform” rating on the technology company’s stock.

Several other analysts also recently commented on the company. Piper Sandler reduced their price objective on Dell Technologies from $172.00 to $167.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Evercore upped their price objective on Dell Technologies from $160.00 to $205.00 and gave the company an “outperform” rating in a research note on Thursday, March 26th. Bank of America upped their price objective on Dell Technologies from $155.00 to $172.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Weiss Ratings downgraded Dell Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 1st. Finally, The Goldman Sachs Group initiated coverage on Dell Technologies in a research note on Tuesday, January 13th. They set a “buy” rating and a $165.00 target price for the company. Sixteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $170.47.

Dell Technologies Stock Down 1.9%

DELL opened at $178.05 on Thursday. The business has a 50 day moving average price of $145.71 and a two-hundred day moving average price of $138.75. The company has a market cap of $114.98 billion, a PE ratio of 20.42, a P/E/G ratio of 0.74 and a beta of 0.88. Dell Technologies has a 52 week low of $77.96 and a 52 week high of $189.75.

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 the consensus estimate of $3.53 by $0.36. The firm had revenue of $33.38 billion during the quarter, compared to the consensus estimate of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The firm’s revenue was up 39.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.68 EPS. 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, sell-side analysts expect that Dell Technologies will post 6.93 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Iv (Gp) L.L.C. Slta sold 74,258 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $152.28, for a total value of $11,308,008.24. Following the sale, the director owned 92 shares in the company, valued at $14,009.76. This represents a 99.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider William F. Scannell sold 143,067 shares of the stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total value of $23,606,055.00. Following the sale, the insider owned 21,779 shares in the company, valued at approximately $3,593,535. This trade represents a 86.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,595,522 shares of company stock worth $403,091,708. 42.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Dell Technologies

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after buying an additional 1,355,841 shares during the last quarter. State Street Corp lifted its stake in shares of Dell Technologies by 1.8% during the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after purchasing an additional 265,740 shares during the period. Geode Capital Management LLC lifted its stake in shares of Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after purchasing an additional 108,011 shares during the period. Invesco Ltd. lifted its stake in shares of Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares during the period. Finally, Deutsche Bank AG lifted its stake in shares of Dell Technologies by 24.6% during the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock worth $694,489,000 after purchasing an additional 1,090,336 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Bank of America raised its price target on DELL to $205 and kept a “buy” rating, citing Dell’s positioning for enterprise AI and stronger CSG (client solutions group) momentum — a clear analyst endorsement that supports upside. BoFA Raises Price Target
• Positive Sentiment: Coverage and reporting highlight stronger commercial PC demand that lifted CSG revenues ~14% and reinforce Dell’s enterprise wins and AI-ready portfolio, underpinning near-term revenue growth. DELL Gains From Commercial PC Demand
• Positive Sentiment: Dell signed a deal with the Sharjah Digital Department to advance AI adoption in government operations — a concrete enterprise win that supports recurring infrastructure and services revenue. Sharjah Digital Department Deal
• Positive Sentiment: Momentum: media noted DELL hit an all-time share-price high recently, reflecting strong investor enthusiasm for its AI/server exposure and PC recovery. All-Time High Report
• Neutral Sentiment: Wolfe Research initiated coverage with a “peer perform” rating — a neutral/benchmarked view that provides less directional lift than a buy/sell call. Wolfe Research Coverage
• Neutral Sentiment: A Zacks feature reviewed Wall Street’s bullish views on Dell as a buy thesis — useful context but not a single new catalyst. Zacks Analyst Roundup
• Negative Sentiment: Short-term pullback/volatility: after hitting highs and receiving upbeat price-target revisions, some investors appear to be taking profits; combined with below-average intraday volume, that likely pressured the share price today despite the positive fundamental headlines.

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.