Dell Technologies (NYSE:DELL) Trading Up 9.9% – Still a Buy?

Dell Technologies Inc. (NYSE:DELL) shares were up 9.9% during trading on Wednesday . The company traded as high as $484.74 and last traded at $484.49. Approximately 6,167,773 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 8,316,934 shares. The stock had previously closed at $440.97.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Strong AI-server momentum: Dell’s AI server business is reportedly growing rapidly, supported by a multibillion-dollar backlog, high-performance computing demand and expanding enterprise AI deployments. Analysts and investors see the opportunity potentially reaching $60 billion, although profitability remains an important consideration. Dell’s AI Server Boom Is Just Getting Started
• Positive Sentiment: Peer results lifted the sector: Super Micro Computer’s upbeat fiscal 2027 outlook highlighted sustained customer spending on AI infrastructure, helping drive gains across server suppliers including Dell. Super Micro Advances on Blowout AI Server Guidance
• Positive Sentiment: Revenue visibility is improving: Dell’s latest reported quarterly revenue increased 87.5% year over year to $43.84 billion, while earnings substantially exceeded consensus estimates. Its server backlog and continued AI-related partnerships are reinforcing expectations for further growth. Dell Technologies Stock Surges as AI Demand Fuels Fresh Momentum
• Positive Sentiment: Broader distribution: Dell expanded its partnership with D&H Distributing, giving more North American resellers access to its full storage and server portfolio. The move could widen channel reach for data-center and AI infrastructure products. Dell Expands North America Distribution Reach

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on DELL shares. HSBC upgraded Dell Technologies to a “buy” rating in a report on Friday, May 29th. Bank of America raised their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Sanford C. Bernstein boosted their price target on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Roth Capital started coverage on Dell Technologies in a research note on Friday, May 29th. They set a “buy” rating for the company. Finally, William Blair initiated coverage on Dell Technologies in a research note on Monday, June 1st. They issued a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Dell Technologies has a consensus rating of “Moderate Buy” and an average price target of $492.43.

Dell Technologies Stock Performance

The firm has a 50-day moving average of $417.18 and a 200-day moving average of $265.98. The firm has a market capitalization of $314.00 billion, a P/E ratio of 38.48, a PEG ratio of 0.98 and a beta of 1.33.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s revenue was up 87.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 earnings per share. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. On average, research analysts forecast that Dell Technologies Inc. will post 17.77 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were paid a dividend of $0.63 per share. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.5%. Dell Technologies’s dividend payout ratio is currently 20.02%.

Insider Activity at Dell Technologies

In other news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the firm’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the transaction, the director directly owned 43,961 shares in the company, valued at $19,938,071.94. This trade represents a 44.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $31,160,919.24. Following the completion of the transaction, the director directly owned 67,990 shares in the company, valued at approximately $30,836,184.60. This represents a 50.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683. Insiders own 41.50% of the company’s stock.

Institutional Trading of Dell Technologies

Several large investors have recently added to or reduced their stakes in DELL. Commonwealth Retirement Investments LLC purchased a new stake in shares of Dell Technologies in the 4th quarter worth $25,000. Rossby Financial LCC lifted its position in shares of Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after buying an additional 184 shares in the last quarter. Navalign LLC purchased a new stake in Dell Technologies in the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. purchased a new position in Dell Technologies during the fourth quarter valued at approximately $29,000. Finally, WealthCollab LLC increased its stake in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

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.