JPMorgan Chase & Co. Issues Positive Forecast for Dell Technologies (NYSE:DELL) Stock Price

Dell Technologies (NYSE:DELL) had its price objective increased by JPMorgan Chase & Co. from $165.00 to $205.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the technology company’s stock.

Several other research firms also recently weighed in on DELL. Daiwa Securities Group raised their price objective on Dell Technologies from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Piper Sandler dropped 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 raised 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. The Goldman Sachs Group raised their price objective on Dell Technologies from $195.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Wolfe Research started coverage on Dell Technologies in a research note on Thursday, April 9th. They issued a “peer perform” rating for the company. Sixteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $175.74.

Dell Technologies Trading Up 8.9%

Shares of DELL stock opened at $193.11 on Thursday. The company has a market cap of $124.70 billion, a price-to-earnings ratio of 22.15, a price-to-earnings-growth ratio of 0.72 and a beta of 0.88. The stock has a 50 day simple moving average of $151.14 and a 200-day simple moving average of $140.26. Dell Technologies has a 12-month low of $80.74 and a 12-month high of $193.80.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.53 by $0.36. The business 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 company’s revenue for the quarter was up 39.5% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, equities analysts forecast that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, April 21st. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 annualized dividend and a yield of 1.3%. Dell Technologies’s dividend payout ratio (DPR) is 24.08%.

Insider Buying and Selling

In other Dell Technologies news, insider William F. Scannell sold 143,067 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider owned 21,779 shares of the company’s stock, valued at approximately $3,593,535. This trade represents a 86.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ellen Jamison Kullman sold 150,346 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $145.13, for a total value of $21,819,714.98. Following the transaction, the director directly owned 65,662 shares of the company’s stock, valued at $9,529,526.06. The trade was a 69.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 2,615,022 shares of company stock worth $406,651,043. 42.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

Several hedge funds have recently bought and sold shares of DELL. Phoenix Financial Ltd. boosted its holdings in shares of Dell Technologies by 95.3% during the third quarter. Phoenix Financial Ltd. now owns 33,792 shares of the technology company’s stock worth $4,923,000 after purchasing an additional 16,488 shares during the last quarter. Stonegate Investment Group LLC boosted its holdings in shares of Dell Technologies by 24,493.8% during the third quarter. Stonegate Investment Group LLC now owns 411,946 shares of the technology company’s stock worth $58,402,000 after purchasing an additional 410,271 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Dell Technologies by 637.3% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 19,333 shares of the technology company’s stock worth $2,741,000 after purchasing an additional 16,711 shares during the last quarter. Providence Capital Advisors LLC acquired a new stake in shares of Dell Technologies during the third quarter worth $7,060,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Dell Technologies by 4.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock worth $40,990,000 after purchasing an additional 12,695 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Goldman Sachs raised its price target to $215 and kept a Buy rating, reinforcing the investment case that Dell is an AI/server leader and supporting upward momentum. Goldman Sachs Raises Dell Price Target to $215
• Positive Sentiment: JPMorgan upgraded/raised its price target to $205 and put an Overweight rating on DELL — another major analyst endorsement that likely pulled in buyers. JPMorgan raises Dell price target to $205 (Benzinga)
• Positive Sentiment: Media coverage noted Dell hitting an all-time high and Goldman seeing further upside after a strong rally this year — attention like this attracts momentum trading and new inflows. Dell stock hits all-time high – Goldman Sachs sees further growth
• Positive Sentiment: CEO Michael Dell publicly opposed a proposed AI data-center moratorium, signaling management support for continued AI infrastructure buildouts — bullish for server/storage demand. Michael Dell on proposed data center moratorium: ‘That’s not a great idea’
• Positive Sentiment: Dell is named in a new Intel–Nokia 5G edge collaboration (compact UPF appliance), which highlights Dell’s role in edge/telecom infrastructure opportunities. Intel Joins Nokia & Dell in 5G Edge Innovation
• Positive Sentiment: Unusually large call-option activity (well above average) signals speculative bullish positioning by traders ahead of further catalysts. (No link)
• Neutral Sentiment: Analyst pieces arguing Dell is a “value multiple on an AI growth business” provide longer-term rationale but are less immediate catalysts than price-target changes. Dell: A Value Stock Multiple On An AI Growth Business
• Neutral Sentiment: Benzinga/press-roundups summarizing analyst forecasts and bullish notes amplify visibility but largely echo the same bullish signals that moved the tape. What’s Behind The Jump In Dell Technologies Stock?
• Negative Sentiment: At least one Seeking Alpha piece downgraded the tone on Dell (“You Are Already Late To The Party”), warning the rally could be near-term priced-in — a caution for momentum traders. Dell: You Are Already Late To The Party (Downgrade)
• Negative Sentiment: Competitors (e.g., SMCI) are launching compact, cost-efficient edge AI systems — increased competition in some segments could pressure margins or pricing over time. SMCI Launches Compact and Cost-Efficient Edge AI System

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.