Dell Technologies (NYSE:DELL) Trading Up 3.5% – What’s Next?
by Renee Jackson · The Cerbat GemDell Technologies Inc. (NYSE:DELL – Get Free Report)’s share price was up 3.5% during mid-day trading on Tuesday . The company traded as high as $308.64 and last traded at $305.56. Approximately 10,200,511 shares were traded during trading, an increase of 28% from the average daily volume of 7,986,392 shares. The stock had previously closed at $295.19.
Key Stories Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell reported fiscal Q1 revenue of $43.8 billion, far above estimates, with EPS of $5.24 and non-GAAP EPS of $4.86 both topping forecasts by a wide margin. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
- Positive Sentiment: AI infrastructure demand was the standout catalyst: AI-optimized server revenue jumped sharply, and Dell said its backlog/orders and data-center momentum support continued growth. Dell raises annual forecasts as AI data center buildout fuels demand
- Positive Sentiment: Management raised FY2027 guidance to $165 billion-$169 billion in revenue and $17.90 EPS, signaling confidence that AI and server spending will keep accelerating. Dell Raises Fiscal Year Outlook After Sales Soar 88%
- Positive Sentiment: Dell also won a $9.7 billion Pentagon software contract, which added an extra boost to sentiment ahead of earnings and reinforced the company’s government/enterprise footprint. Dell wins a $9.7 billion Pentagon software deal after cozying up to Trump
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on DELL. Bank of America boosted their price objective on Dell Technologies from $246.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Barclays boosted their price target on Dell Technologies from $148.00 to $168.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Wall Street Zen cut Dell Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. JPMorgan Chase & Co. boosted their price target on Dell Technologies from $205.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Finally, Citigroup upped their target price on Dell Technologies from $180.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $211.32.
Check Out Our Latest Research Report on Dell Technologies
Dell Technologies Stock Up 4.2%
The firm has a fifty day moving average of $211.39 and a 200-day moving average of $157.54. The stock has a market capitalization of $205.49 billion, a price-to-earnings ratio of 36.49, a PEG ratio of 1.12 and a beta of 0.99.
Dell Technologies (NYSE:DELL – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) 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 236.90% and a net margin of 5.23%.Dell Technologies’s revenue was up 87.5% on a year-over-year basis. During the same period in the previous year, the firm posted $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. As a group, research analysts forecast that Dell Technologies Inc. will post 12.21 EPS for the current fiscal year.
Insider Buying and Selling at Dell Technologies
In related news, Director V (Gp) L.L.C. Slta sold 510,000 shares of Dell Technologies stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total transaction of $74,883,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ellen Jamison Kullman sold 150,346 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $145.13, for a total value of $21,819,714.98. Following the completion of the transaction, the director directly owned 65,662 shares of the company’s stock, valued at approximately $9,529,526.06. This trade represents a 69.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 3,571,688 shares of company stock valued at $576,654,105. 41.50% of the stock is currently owned by insiders.
Institutional Trading of Dell Technologies
A number of large investors have recently made changes to their positions in the stock. Ariadne Wealth Management LP boosted its stake in shares of Dell Technologies by 1.6% during the first quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after acquiring an additional 49 shares during the last quarter. Bell Investment Advisors Inc lifted its position in Dell Technologies by 19.3% during the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock worth $53,000 after buying an additional 52 shares during the period. Vectors Research Management LLC lifted its position in Dell Technologies by 0.4% during the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock worth $2,404,000 after buying an additional 55 shares during the period. Raleigh Capital Management Inc. lifted its position in Dell Technologies by 6.9% during the first quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock worth $171,000 after buying an additional 67 shares during the period. Finally, Flagship Harbor Advisors LLC lifted its position in Dell Technologies by 1.3% during the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock worth $789,000 after buying an additional 71 shares during the period. Institutional investors and hedge funds 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.