Loop Capital Forecasts Strong Price Appreciation for Dell Technologies (NYSE:DELL) Stock

Key Points

• Loop Capital sharply raised its price target on Dell Technologies from $150 to $550 and kept a buy rating, implying about 31% upside from the stock’s then-current price.
• Dell’s shares jumped to $420.42, reflecting a 32.6% gain on the day, after strong momentum in the stock and a series of bullish analyst updates across Wall Street.
• The company’s latest earnings were a major catalyst: Q1 revenue rose 87.5% year over year to $43.84 billion and adjusted EPS of $4.86 beat estimates, while management also raised guidance and highlighted growing AI server demand.

Dell Technologies (NYSE:DELL - Get Free Report) had its price objective raised by stock analysts at Loop Capital from $150.00 to $550.00 in a report issued on Friday,MarketScreener reports. The firm currently has a "buy" rating on the technology company's stock. Loop Capital's price target would suggest a potential upside of 30.82% from the stock's current price.

Other analysts also recently issued research reports about the stock. Wolfe Research began coverage on shares of Dell Technologies in a research note on Thursday, April 9th. They set a "peer perform" rating for the company. JPMorgan Chase & Co. raised their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock an "overweight" rating in a report on Friday. Raymond James Financial lifted their target price on Dell Technologies from $166.00 to $182.00 and gave the company an "outperform" rating in a research report on Friday, February 27th. Sanford C. Bernstein increased 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. Finally, Argus lifted their price objective on Dell Technologies from $200.00 to $460.00 and gave the company a "buy" rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, Dell Technologies has an average rating of "Moderate Buy" and a consensus target price of $370.33.

Dell Technologies Trading Up 32.6%

Shares of NYSE DELL traded up $103.37 during mid-day trading on Friday, reaching $420.42. The company had a trading volume of 11,319,612 shares, compared to its average volume of 8,145,133. The business's 50-day moving average is $211.39 and its 200-day moving average is $157.54. The stock has a market cap of $271.49 billion, a price-to-earnings ratio of 48.15, a price-to-earnings-growth ratio of 1.12 and a beta of 0.99. Dell Technologies has a 52 week low of $106.38 and a 52 week high of $428.68.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts' consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The firm's revenue for the quarter was up 87.5% on a year-over-year basis. During the same quarter last year, the business posted $1.55 EPS. 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, equities research analysts forecast that Dell Technologies will post 12.21 earnings per share for the current year.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the completion of the sale, the director directly owned 65,662 shares of the company's stock, valued at approximately $9,529,526.06. This represents a 69.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total transaction of $74,883,300.00. The SEC filing for this sale provides additional information. Insiders sold 3,571,688 shares of company stock valued at $576,654,105 over the last quarter. 41.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

A number of large investors have recently made changes to their positions in DELL. Ariadne Wealth Management LP lifted its holdings in Dell Technologies by 1.6% in the 1st 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 grew its stake in shares of Dell Technologies by 19.3% in the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company's stock worth $53,000 after purchasing an additional 52 shares during the last quarter. Vectors Research Management LLC raised its holdings in shares of Dell Technologies by 0.4% in the 1st quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company's stock worth $2,404,000 after purchasing an additional 55 shares in the last quarter. Raleigh Capital Management Inc. raised its holdings in shares of Dell Technologies by 6.9% in the 1st quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company's stock worth $171,000 after purchasing an additional 67 shares in the last quarter. Finally, Flagship Harbor Advisors LLC lifted its stake 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 valued at $789,000 after purchasing an additional 71 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies News Summary

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

• Positive Sentiment: Dell posted fiscal Q1 revenue of $43.8 billion, up 88% year over year, while adjusted EPS of $4.86 easily beat estimates; management also raised full-year revenue guidance to $165 billion-$169 billion and said AI-optimized server revenue could reach about $60 billion in FY2027. Article Title
• Positive Sentiment: The company also won a roughly $9.7 billion Pentagon software contract, adding another catalyst and reinforcing confidence in Dell’s enterprise and government business. Article Title
• Positive Sentiment: Analysts turned more constructive after the report, with Susquehanna upgrading Dell to “positive” and other firms lifting price targets as they cited stronger AI demand and a long runway for growth. Article Title
• Neutral Sentiment: Management said demand is not the main constraint — supply is — as chip and memory shortages continue to limit how quickly Dell can fulfill AI server orders. Article Title

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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