Evercore Forecasts Strong Price Appreciation for Dell Technologies (NYSE:DELL) Stock

Dell Technologies (NYSE:DELL) had its target price upped by equities researchers at Evercore from $205.00 to $240.00 in a research report issued on Wednesday,MarketScreener reports. The firm currently has an “outperform” rating on the technology company’s stock. Evercore’s price objective suggests a potential upside of 13.13% from the company’s previous close.

DELL has been the subject of a number of other reports. Piper Sandler reduced their price target on shares of Dell Technologies from $172.00 to $167.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Raymond James Financial boosted their price target on shares of Dell Technologies from $166.00 to $182.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. JPMorgan Chase & Co. boosted their price target on shares of Dell Technologies from $165.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 21st. Finally, Barclays upped their target price on shares of Dell Technologies from $148.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.53.

Dell Technologies Price Performance

DELL opened at $212.14 on Wednesday. The company has a fifty day moving average price of $159.82 and a 200-day moving average price of $142.53. The firm has a market capitalization of $136.99 billion, a P/E ratio of 24.33, a price-to-earnings-growth ratio of 0.87 and a beta of 0.88. Dell Technologies has a one year low of $86.76 and a one year high of $219.26.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. The firm had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The business’s revenue for the quarter was up 39.5% on a year-over-year basis. During the same period in the previous 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. On average, analysts expect that Dell Technologies will post 11.9 earnings per share for the current year.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CFO David Alan Kennedy sold 19,500 shares of the company’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the completion of the sale, the chief financial officer directly owned 183,097 shares in the company, valued at $33,420,695.41. This represents a 9.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Richard Troy Sharp sold 1,538 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $149.26, for a total transaction of $229,561.88. Following the sale, the chief accounting officer owned 8,030 shares of the company’s stock, valued at approximately $1,198,557.80. The trade was a 16.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 3,571,688 shares of company stock valued at $576,654,105. 42.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. Phoenix Financial Ltd. raised its stake 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 valued at $4,923,000 after acquiring an additional 16,488 shares during the last quarter. Stonegate Investment Group LLC raised its stake 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 valued at $58,402,000 after acquiring an additional 410,271 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its stake 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 valued at $2,741,000 after acquiring an additional 16,711 shares during the last quarter. Providence Capital Advisors LLC bought a new position in Dell Technologies in the third quarter worth about $7,060,000. Finally, Allspring Global Investments Holdings LLC raised its stake in Dell Technologies by 4.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 273,850 shares of the technology company’s stock worth $40,990,000 after buying an additional 12,695 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: The company announced a $1.44 billion purchase agreement with Boost Run to supply large-scale AI compute and storage infrastructure — a material, revenue-driving enterprise order that directly validates Dell’s AI server pipeline and financing solutions. Dell Signs $1.4 Billion AI Deal
• Positive Sentiment: Analysts have been raising targets and ratings — Evercore boosted its price target to $240 (outperform) and Zacks upgraded Dell to “strong-buy” — which supports further upside and investor confidence in Dell’s AI growth opportunity. Evercore Raises Price Target
• Positive Sentiment: Market commentary highlights very large AI server orders and a sizable backlog (reported multi‑billion-dollar figures), reinforcing that Dell is a key beneficiary of enterprise AI infrastructure spending. Dell vs Apple: AI Server Orders
• Neutral Sentiment: Analyses note strong momentum and valuation re‑rating after a big run — Dell’s recent gains have been large (30‑day and 1‑year returns highlighted), prompting fresh attention on whether valuation now fully reflects AI tailwinds. Assessing Dell Valuation
• Negative Sentiment: The stock slipped amid broader-market weakness and likely short‑term profit‑taking after rapid gains; intraday weakness has outpaced the market in some reports. Dell Dips More Than Broader Market
• Negative Sentiment: Rumors of a potential strategic move in the PC/server space (reports about NVIDIA discussions with PC makers) create uncertainty about competitive dynamics and long‑term positioning for incumbents like Dell. That headline risk can pressure shares until clarity emerges. Potential NVIDIA Deal Coverage

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.