Dell Technologies (NYSE:DELL) Price Target Raised to $150.00 at TD Cowen

Key Points

• TD Cowen raised Dell Technologies' price target from $130.00 to $150.00, maintaining a "hold" rating, suggesting a potential downside of 4.95% from the previous close.
• Multiple analysts have issued higher price targets for Dell, with Wells Fargo increasing theirs to $180.00 and UBS to $186.00, both assigning "overweight" or "buy" ratings.
• Dell Technologies' stock is currently down 4.1%, trading at $157.81, despite recently reporting a quarterly earnings beat with revenue up 19% year-over-year.

Dell Technologies (NYSE:DELL - Get Free Report) had its price objective raised by analysts at TD Cowen from $130.00 to $150.00 in a report issued on Wednesday,MarketScreener reports. The brokerage currently has a "hold" rating on the technology company's stock. TD Cowen's target price suggests a potential downside of 4.95% from the company's previous close.

Several other analysts have also commented on the company. Wells Fargo & Company raised their target price on Dell Technologies from $160.00 to $180.00 and gave the stock an "overweight" rating in a report on Wednesday. UBS Group increased their target price on Dell Technologies from $155.00 to $186.00 and gave the stock a "buy" rating in a research note on Wednesday. Citigroup raised their target price on Dell Technologies from $160.00 to $175.00 and gave the stock a "buy" rating in a research report on Wednesday. Cowen reiterated a "hold" rating on shares of Dell Technologies in a research note on Friday, August 29th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Dell Technologies in a report on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $160.53.

Dell Technologies Stock Down 4.1%

DELL stock traded down $6.72 during midday trading on Wednesday, hitting $157.81. The company's stock had a trading volume of 2,128,041 shares, compared to its average volume of 7,219,272. The firm has a market capitalization of $106.11 billion, a price-to-earnings ratio of 23.27, a price-to-earnings-growth ratio of 1.03 and a beta of 1.05. Dell Technologies has a 12 month low of $66.25 and a 12 month high of $166.10. The company has a 50 day moving average of $133.05 and a two-hundred day moving average of $116.08.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.03. The company had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.Dell Technologies's quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.89 EPS. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. On average, analysts anticipate that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of Dell Technologies stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $135.98, for a total transaction of $112,183,364.02. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,191,683 shares of company stock worth $578,511,613. 42.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC lifted its position in Dell Technologies by 25.9% during the 1st quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock worth $224,000 after acquiring an additional 506 shares during the period. First Hawaiian Bank increased its stake in Dell Technologies by 67.1% in the first quarter. First Hawaiian Bank now owns 34,878 shares of the technology company's stock valued at $3,179,000 after purchasing an additional 14,010 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in shares of Dell Technologies during the second quarter worth approximately $8,869,000. Wealthcare Advisory Partners LLC lifted its holdings in Dell Technologies by 44.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after acquiring an additional 809 shares during the period. Finally, Mather Group LLC. increased its position in Dell Technologies by 113.3% during the 1st quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock worth $95,000 after purchasing an additional 554 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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