JPMorgan Chase & Co. Has Lowered Expectations for Dell Technologies (NYSE:DELL) Stock Price

Dell Technologies (NYSE:DELL) had its price target dropped by JPMorgan Chase & Co. from $170.00 to $155.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The firm currently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 26.62% from the company’s current price.

DELL has been the subject of a number of other reports. Evercore reaffirmed an “outperform” rating and issued a $160.00 price target on shares of Dell Technologies in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dell Technologies in a research note on Wednesday, January 21st. Citigroup cut their target price on shares of Dell Technologies from $165.00 to $160.00 and set a “buy” rating on the stock in a report on Tuesday. Morgan Stanley decreased their price target on shares of Dell Technologies from $111.00 to $101.00 and set an “underweight” rating for the company in a report on Wednesday. Finally, Wall Street Zen cut shares of Dell Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Seventeen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $158.53.

Dell Technologies Stock Performance

Shares of Dell Technologies stock opened at $122.41 on Thursday. The firm has a fifty day moving average of $121.36 and a two-hundred day moving average of $132.24. The stock has a market capitalization of $81.12 billion, a price-to-earnings ratio of 16.32, a PEG ratio of 0.69 and a beta of 1.03. Dell Technologies has a 52 week low of $66.25 and a 52 week high of $168.08.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.12. The business had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.The firm’s revenue was up 10.8% on a year-over-year basis. During the same period last year, the company earned $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. As a group, research analysts forecast that Dell Technologies will post 6.93 EPS for the current fiscal year.

Insider Activity

In other news, Director Egon Durban sold 71,000 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total value of $9,806,520.00. Following the sale, the director directly owned 1,172,428 shares in the company, valued at $161,935,755.36. The trade was a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 42.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Dell Technologies by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after purchasing an additional 1,355,841 shares during the last quarter. State Street Corp increased its stake in Dell Technologies by 1.8% in the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock valued at $1,852,450,000 after buying an additional 265,740 shares during the last quarter. Geode Capital Management LLC lifted its position in 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 buying an additional 108,011 shares in the last quarter. Invesco Ltd. boosted 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 buying an additional 2,445,854 shares during the last quarter. Finally, Boston Partners grew its holdings in shares of Dell Technologies by 15.0% in the 2nd quarter. Boston Partners now owns 5,904,843 shares of the technology company’s stock valued at $725,586,000 after acquiring an additional 771,966 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Q4 earnings preview highlights sustained AI momentum: analysts note record recent revenue, 24% ISG growth, a robust AI-server backlog and management guidance for Q4 revenue of $31–32B and EPS of $3.50 — supporting a bullish near-term outlook into the report. Dell Technologies Q4 Earnings Preview: Sustaining Growth With AI Momentum
• Positive Sentiment: Dell rolled out an “AI India Blueprint” and is accelerating local content in India-made servers — moves that expand addressable market, lower supply‑chain risk and could improve margins as India becomes a manufacturing hub. This is being read as strategic revenue/GM support in a high-growth AI market. Dell Technologies Unveils ‘AI India Blueprint’ at India AI Impact Summit 2026
• Positive Sentiment: Sell‑side activity is supportive: Evercore added Dell to a “tactical outperform” list and other bullish commentary is circulating, which can amplify buying ahead of earnings. Evercore adds Dell to Tactical Outperform list ahead of earnings
• Neutral Sentiment: Dell and Ooredoo announced an AI collaboration to advance innovation in the Middle East — strategically positive but likely to have slower, incremental revenue effects. Dell Technologies and Ooredoo collaborate to advance AI innovation and deepen cooperation
• Neutral Sentiment: Local operations news — an $8M Round Rock campus upgrade and dividend coverage pieces — are supportive for corporate stability but unlikely to move near-term fundamentals materially. Dell eying $8M upgrade to Round Rock campus
• Negative Sentiment: Some analysts trimmed price targets ahead of earnings (JPMorgan lowered its PT to $155; Citigroup to $160). Although ratings were largely maintained, lower targets can cap upside and temper investor enthusiasm. JPMorgan adjusts price target on Dell Technologies to $155 from $170, maintains overweight rating Citigroup Lowers Dell Technologies Price Target to $160

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.