UBS Group Boosts Dell Technologies (NYSE:DELL) Price Target to $500.00

Key Points

• UBS Group raised Dell’s price target to $500 from $455 while maintaining a neutral rating, implying roughly 4.3% upside from the prior close.
• Dell reported strong quarterly results, with revenue up 57.7% year over year to $46.97 billion and EPS of $7.04 beating consensus by $2.13. Analysts collectively rate the stock “Moderate Buy,” with an average target of $522.09.
• Investor sentiment is supported by surging AI-server demand and higher company guidance, but insiders sold more than $870 million of stock over the past three months, while valuation and potential supply-cost pressures remain risks.

Dell Technologies (NYSE:DELL - Get Free Report) had its price target increased by research analysts at UBS Group from $455.00 to $500.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a "neutral" rating on the technology company's stock. UBS Group's price objective would suggest a potential upside of 4.30% from the company's previous close.

A number of other brokerages have also recently issued reports on DELL. Susquehanna set a $289.00 target price on Dell Technologies and gave the stock a "neutral" rating in a report on Friday, May 29th. HSBC upgraded shares of Dell Technologies to a "buy" rating in a research report on Friday, May 29th. Melius Research set a $735.00 target price on shares of Dell Technologies in a research note on Wednesday. Bank of America raised their price objective on Dell Technologies from $500.00 to $505.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Loop Capital upped their target price on Dell Technologies from $150.00 to $550.00 and gave the company a "buy" rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Dell Technologies has an average rating of "Moderate Buy" and an average target price of $522.09.

Dell Technologies Stock Up 12.8%

Dell Technologies stock opened at $479.37 on Wednesday. Dell Technologies has a 52-week low of $110.22 and a 52-week high of $514.00. The firm has a market capitalization of $310.69 billion, a price-to-earnings ratio of 37.10, a PEG ratio of 0.94 and a beta of 1.34. The firm has a 50-day moving average price of $433.44 and a two-hundred day moving average price of $301.96.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm's revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.70 EPS. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Research analysts expect that Dell Technologies will post 18.32 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the company's stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05. Following the completion of the sale, the director directly owned 8,585 shares of the company's stock, valued at approximately $3,417,946.05. This represents a 94.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Spv-2 L.P. Sl sold 131,040 shares of the firm's stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $398.13, for a total value of $52,170,955.20. Following the completion of the sale, the director directly owned 12,619 shares in the company, valued at approximately $5,024,002.47. This represents a 91.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 2,134,674 shares of company stock worth $870,637,926. Insiders own 41.50% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. California State Teachers Retirement System increased its position in shares of Dell Technologies by 41,141.5% during the 2nd quarter. California State Teachers Retirement System now owns 198,605,353 shares of the technology company's stock worth $85,690,266,000 after purchasing an additional 198,123,786 shares in the last quarter. State Street Corp increased its holdings in shares of Dell Technologies by 1.8% during the fourth quarter. State Street Corp now owns 14,715,998 shares of the technology company's stock worth $1,852,450,000 after buying an additional 265,740 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock worth $2,362,624,000 after buying an additional 1,011,101 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Dell Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company's stock valued at $939,808,000 after acquiring an additional 108,011 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company's stock worth $919,051,000 after acquiring an additional 2,445,854 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies News Summary

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

• Positive Sentiment: AI infrastructure demand remains exceptionally strong. Fiscal Q2 revenue rose 57.7% year over year to $46.97 billion, while EPS of $7.04 exceeded the roughly $4.91 consensus estimate. AI-optimized server revenue doubled to $16.4 billion, and AI-server orders reached a record $60.9 billion. Dell again lifts forecasts as AI demand powers record results
• Positive Sentiment: Management sharply raised its outlook. Dell lifted fiscal 2027 revenue guidance to $192 billion from $167 billion and adjusted EPS guidance to $25.50 from $17.90. Third-quarter guidance of $49 billion in revenue and $6.50 EPS also stands well above analyst expectations. Dell surges after lifting fiscal 2027 forecast on AI server strength
• Positive Sentiment: The $95 billion backlog improves revenue visibility. Analysts have upgraded their views and raised price targets, including Morgan Stanley, which increased its target to $499 while retaining an equal-weight rating. Dell shares rise as demand jumps for AI servers
• Neutral Sentiment: Dell announced a new Dell 14S laptop with up to 21 hours of battery life, targeting students and value-focused consumers. The launch supports the client business but is much less significant to the stock than the AI-server results. Meet the Dell 14S
• Negative Sentiment: Macro and valuation risks are limiting the reaction. Rising 10-year Treasury yields and crude oil above $90, amid renewed U.S.-Iran tensions, are pressuring high-growth technology shares. After a substantial year-to-date rally, Dell’s premium valuation leaves less room for execution missteps, while supply constraints and memory costs could pressure AI-server margins.

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.

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