Dell Technologies (NYSE:DELL) Price Target Cut to $101.00 by Analysts at Morgan Stanley

Dell Technologies (NYSE:DELL) had its price objective cut by stock analysts at Morgan Stanley from $111.00 to $101.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage currently has an “underweight” rating on the technology company’s stock. Morgan Stanley’s target price would indicate a potential downside of 11.85% from the company’s previous close.

A number of other equities research analysts have also weighed in on the company. Raymond James Financial boosted their price target on Dell Technologies from $161.00 to $166.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Citigroup decreased their price target on shares of Dell Technologies from $165.00 to $160.00 and set a “buy” rating for the company in a report on Tuesday. Mizuho boosted their price objective on shares of Dell Technologies from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Dbs Bank upgraded Dell Technologies to a “moderate buy” rating in a research note on Monday, January 5th. Finally, Wall Street Zen lowered Dell Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued 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 $160.37.

Dell Technologies Price Performance

Shares of DELL traded down $1.51 during mid-day trading on Wednesday, reaching $114.58. 607,072 shares of the company’s stock traded hands, compared to its average volume of 7,458,835. The stock’s 50-day moving average is $122.38 and its two-hundred day moving average is $132.50. Dell Technologies has a 12 month low of $66.25 and a 12 month high of $168.08. The stock has a market cap of $75.93 billion, a P/E ratio of 15.38, a P/E/G ratio of 0.68 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. During the same quarter in the previous year, the business posted $2.15 EPS. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. 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. Research analysts predict that Dell Technologies will post 6.93 earnings per share for the current year.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 71,000 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $161,935,755.36. This trade represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Armstrong Advisory Group Inc. raised its position in shares of Dell Technologies by 3.6% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company’s stock worth $259,000 after purchasing an additional 63 shares during the last quarter. Flagship Harbor Advisors LLC raised its holdings in shares of Dell Technologies by 1.3% during the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after acquiring an additional 71 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of Dell Technologies by 35.8% in the third quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after acquiring an additional 78 shares during the last quarter. Pinnacle Associates Ltd. raised its stake in Dell Technologies by 0.4% in the 3rd quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock valued at $3,067,000 after purchasing an additional 78 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in Dell Technologies by 2.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company’s stock valued at $504,000 after purchasing an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

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.