Dell Technologies (NYSE:DELL) Sets New 52-Week High on Analyst Upgrade

Shares of Dell Technologies Inc. (NYSE:DELL) hit a new 52-week high on Monday after Bank of America raised their price target on the stock from $205.00 to $246.00. The company traded as high as $221.50 and last traded at $214.7990, with a volume of 2109920 shares trading hands. The stock had previously closed at $216.09.

A number of other analysts have also recently weighed in on the stock. Truist Financial started coverage on shares of Dell Technologies in a report on Tuesday, March 31st. They issued a “hold” rating and a $170.00 price target on the stock. Wolfe Research began coverage on shares of Dell Technologies in a research note on Thursday, April 9th. They set a “peer perform” rating for the company. Daiwa Securities Group raised their target price on shares of Dell Technologies from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Dbs Bank raised shares of Dell Technologies to a “moderate buy” rating in a report on Monday, January 5th. Finally, Evercore upped their price target on Dell Technologies from $205.00 to $240.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $183.68.

Insider Buying and Selling

In other news, insider William F. Scannell sold 143,067 shares of Dell Technologies stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares in the company, valued at approximately $3,593,535. The trade was a 86.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO David Alan Kennedy sold 19,500 shares of the business’s stock in a transaction on 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 sale, the chief financial officer directly owned 183,097 shares in the company, valued at $33,420,695.41. This trade represents a 9.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 3,571,688 shares of company stock worth $576,654,105 over the last ninety days. Company insiders own 42.00% of the company’s stock.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Bank of America raised its price target on DELL to $246 and reiterated a Buy, citing growing AI infrastructure spend that benefits Dell’s server and OEM businesses. Bank of America Highlights Growing AI Infrastructure Spend for Dell Technologies (DELL)
• Positive Sentiment: BofA and other outlets argue “agentic AI” will lift CPU intensity and enterprise server demand, supporting higher revenue and margin expectations for Dell. This thematic upgrade is a key driver of the stock’s strength. Dell (DELL) and HPE Stock Price Targets Lifted by BofA on Agentic AI Surge
• Positive Sentiment: Dell was selected with E4 Computer Engineering to build the IT4LIA AI supercomputer under the EuroHPC program — a commercial and reputation win that underscores Dell’s position in large-scale AI infrastructure. EuroHPC JU signs deal with Dell and E4 Computer Engineering for IT4LIA AI supercomputer
• Positive Sentiment: Analyst coverage and media pieces note Dell’s breakout run (YTD gains ~69%) and rising price targets, helping push the stock to record highs as investors price in sustained AI/server cycles. Dell Technologies stock hits all-time high
• Neutral Sentiment: Product press: new XPS 16 reviews (CNET and others) praise design and battery life but note high pricing — modest brand/consumer impact versus large enterprise/AI revenue drivers. Dell XPS 16 Review: CNET
• Negative Sentiment: Morgan Stanley raised its target slightly but kept an “underweight” rating, signaling some sell‑side concern about valuation after the rally — a reminder of downside risk if AI demand growth disappoints. Morgan Stanley adjusts Dell Technologies price target
• Negative Sentiment: Some commentary warns that the rapid multiple re-rating leaves valuation exposed; investors should weigh elevated expectations for sustained AI/server cycles against potential cyclicality. Dell’s Breakout is the Real Deal (analysis)

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DELL. Collaborative Fund Advisors LLC purchased a new stake in Dell Technologies in the first quarter valued at approximately $1,056,000. Kathmere Capital Management LLC raised its position in Dell Technologies by 17.8% during the 1st quarter. Kathmere Capital Management LLC now owns 2,710 shares of the technology company’s stock worth $445,000 after buying an additional 409 shares during the last quarter. Abel Hall LLC acquired a new stake in Dell Technologies during the 1st quarter valued at approximately $246,000. DGS Capital Management LLC boosted its holdings in shares of Dell Technologies by 22.7% in the 1st quarter. DGS Capital Management LLC now owns 2,197 shares of the technology company’s stock valued at $361,000 after acquiring an additional 406 shares during the last quarter. Finally, Hardy Reed LLC boosted its holdings in shares of Dell Technologies by 4.9% in the 1st quarter. Hardy Reed LLC now owns 2,856 shares of the technology company’s stock valued at $469,000 after acquiring an additional 133 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Stock Down 1.0%

The stock’s 50 day moving average price is $165.56 and its two-hundred day moving average price is $143.62. The stock has a market cap of $131.66 billion, a price-to-earnings ratio of 23.40, a price-to-earnings-growth ratio of 0.88 and a beta of 0.88.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. The company had revenue of $33.38 billion during the quarter, compared to the consensus estimate of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The firm’s quarterly revenue was up 39.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.68 earnings per share. 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 predict that Dell Technologies Inc. will post 11.9 earnings per share for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Tuesday, April 21st will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.2%. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Tuesday, April 21st. Dell Technologies’s dividend payout ratio is 28.90%.

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.