Dell Technologies (NYSE:DELL) Sets New 12-Month High After Analyst Upgrade

Key Points

• Mizuho raised its price target to $260 and kept an outperform rating, pushing Dell shares to a new 52-week high intraday (as high as $225.30) during Wednesday trading.
• Dell reported stronger-than-expected quarterly results (EPS $3.89 vs. $3.53 expected; revenue $33.38B vs. $31.60B) and has secured AI-related wins (e.g., TotalEnergies' Pangea 5 and Trust3 governance integration) that bolster demand for its servers, storage and services.
• Significant insider selling is a potential red flag: insiders sold 3,571,688 shares worth $576,654,105 over the past three months, though corporate insiders still own about 42% of the company.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday after Mizuho raised their price target on the stock from $215.00 to $260.00. Mizuho currently has an outperform rating on the stock. Dell Technologies traded as high as $225.30 and last traded at $223.3640, with a volume of 737246 shares trading hands. The stock had previously closed at $216.32.

Several other equities analysts have also issued reports on DELL. Barclays boosted their price objective on Dell Technologies from $148.00 to $168.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. Zacks Research upgraded Dell Technologies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 21st. Morgan Stanley boosted their price objective on Dell Technologies from $101.00 to $110.00 and gave the company an "underweight" rating in a research report on Tuesday, April 28th. Wolfe Research started coverage on Dell Technologies in a research report on Thursday, April 9th. They issued a "peer perform" rating for the company. Finally, Evercore boosted their target price on Dell Technologies from $205.00 to $240.00 and gave the company an "outperform" rating in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $186.84.

Insider Transactions at Dell Technologies

In other Dell Technologies news, insider William F. Scannell sold 143,067 shares of the business's stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total value of $23,606,055.00. Following the sale, the insider owned 21,779 shares in the company, valued at approximately $3,593,535. The trade was a 86.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Richard Troy Sharp sold 1,538 shares of the business's stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $149.26, for a total value of $229,561.88. Following the completion of the sale, the chief accounting officer owned 8,030 shares in the company, valued at $1,198,557.80. The trade was a 16.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 3,571,688 shares of company stock worth $576,654,105. Corporate insiders own 42.00% of the company's stock.

Dell Technologies News Summary

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

• Positive Sentiment: TotalEnergies selected Dell (with NVIDIA) to build Pangea 5, a next‑gen AI supercomputer that will multiply computing power sixfold — a direct revenue and product-reference opportunity for Dell’s server, storage and services businesses. TotalEnergies Develops Pangea 5, a Next-Generation Supercomputer That Will Increase its Computing Power Sixfold
• Positive Sentiment: Dell expanded its regulated‑AI push by integrating Trust3’s governance into Dell storage/data lakehouse offerings — strengthens Dell’s position in high‑value, regulated verticals (healthcare, finance, government) where customers pay premium for compliant AI infrastructure. Dell Targets Regulated AI Growth With Trust3 Data Governance Integration
• Positive Sentiment: Jim Cramer named Dell among AI/data‑center “winners,” which can amplify investor interest and momentum as the market re-rates infrastructure names on AI adoption. Cramer's AI Winners List: From Nvidia To Dell, These Stocks Are Cashing In Big
• Neutral Sentiment: The Dell board unanimously recommended re‑domiciling from Delaware to Texas and will seek shareholder approval at the June meeting — a strategic/legal move that may lower regulatory friction and reflect management preference, but timing/impact on taxes/corporate governance remains to be fully assessed. Dell Technologies Board Unanimously Recommends Redomestication to Texas
• Neutral Sentiment: Ongoing analyst coverage and buy/sell/hold debate keeps expectations mixed — Wall Street remains cautiously optimistic but valuations and AI execution are under scrutiny. Dell Technologies Stock: Analyst Estimates & Ratings
• Negative Sentiment: Dell granted COO Tom Clarke performance‑linked options worth ~$132M — large executive awards can be viewed as potential dilution and raise governance questions if investors worry about pay vs. performance. Dell grants COO Clarke performance options worth $132 million
• Negative Sentiment: Reports show insider selling activity in April — insider sales can temper investor enthusiasm if interpreted as executives or directors cashing out. Leading Insider Sales: April Activity Ramps in These Stocks (DELL)

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in DELL. Commonwealth Retirement Investments LLC bought a new stake in shares of Dell Technologies during the 4th quarter worth approximately $25,000. Rossby Financial LCC raised its stake 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 worth $26,000 after purchasing an additional 184 shares in the last quarter. Navalign LLC bought a new stake in shares of Dell Technologies during the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. bought a new stake in shares of Dell Technologies during the 4th quarter worth approximately $29,000. Finally, WealthCollab LLC raised its stake in shares of Dell Technologies by 82.0% during the 2nd 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. Institutional investors own 76.37% of the company's stock.

Dell Technologies Trading Up 2.4%

The company has a market cap of $143.02 billion, a P/E ratio of 25.33, a PEG ratio of 0.86 and a beta of 0.99. The business has a 50 day moving average price of $171.01 and a 200-day moving average price of $144.85.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.53 by $0.36. The company had revenue of $33.38 billion for the quarter, compared to analysts' expectations of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business's revenue was up 39.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.68 EPS. 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, sell-side analysts expect that Dell Technologies Inc. will post 11.9 earnings per share for the current year.

Dell Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Tuesday, April 21st were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, April 21st. This is a boost from Dell Technologies's previous quarterly dividend of $0.53. Dell Technologies's payout ratio is presently 28.90%.

About Dell Technologies

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.