Truist Financial Begins Coverage on Dell Technologies (NYSE:DELL)

Key Points

• Truist Financial initiated coverage on Dell with a "hold" rating and a $170 price target (about 3.4% upside); the stock carries a consensus rating of “Moderate Buy” with an average analyst target of $164.53.
• Dell reported a strong quarter—$3.89 EPS vs. $3.53 expected and revenue of $33.38 billion (up 39.5% year-over-year)—and set FY2027 guidance at 12.90 EPS.
• Significant insider selling has occurred recently (2,595,522 shares worth about $403 million in the last 90 days) and the stock was down roughly 4.3%, pressured by broader market/geopolitical weakness despite the company's AI-server growth narrative.

Truist Financial initiated coverage on shares of Dell Technologies (NYSE:DELL - Get Free Report) in a note issued to investors on Tuesday, Marketbeat Ratings reports. The firm set a "hold" rating and a $170.00 price target on the technology company's stock. Truist Financial's price target would indicate a potential upside of 3.39% from the stock's previous close.

Several other research analysts also recently commented on the stock. Evercore restated an "outperform" rating and set a $160.00 price objective on shares of Dell Technologies in a research report on Thursday, February 19th. Raymond James Financial lifted their price target on Dell Technologies from $166.00 to $182.00 and gave the company an "outperform" rating in a research note on Friday, February 27th. Mizuho boosted their price target on Dell Technologies from $175.00 to $180.00 and gave the stock an "outperform" rating in a report on Friday, February 27th. Daiwa Securities Group upped their price objective on Dell Technologies from $150.00 to $170.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. Finally, Citigroup reduced their price objective on Dell Technologies from $165.00 to $160.00 and set a "buy" rating on the stock in a research note on Tuesday, February 17th. Seventeen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $164.53.

Dell Technologies Stock Down 4.3%

DELL opened at $164.43 on Tuesday. The stock has a market capitalization of $106.18 billion, a price-to-earnings ratio of 18.86, a P/E/G ratio of 0.70 and a beta of 0.97. Dell Technologies has a twelve month low of $66.25 and a twelve month high of $186.39. The company has a 50-day simple moving average of $134.92 and a 200 day simple moving average of $136.01.

Dell Technologies (NYSE:DELL - Get Free Report) last released its earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, beating the consensus estimate of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The firm had revenue of $33.38 billion for the quarter, compared to analyst estimates of $31.60 billion. During the same period last year, the firm earned $2.68 EPS. The business's quarterly revenue was up 39.5% compared to the same quarter last year. 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. Sell-side analysts anticipate that Dell Technologies will post 6.93 EPS for the current fiscal year.

Insider Transactions at Dell Technologies

In related news, Director Iv (Gp) L.L.C. Slta sold 74,258 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $152.28, for a total value of $11,308,008.24. Following the completion of the transaction, the director owned 92 shares in the company, valued at $14,009.76. This trade represents a 99.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the business's stock in a transaction that occurred 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 disclosure for this sale is available in the SEC filing. Insiders sold 2,595,522 shares of company stock worth $403,091,708 in the last 90 days. 42.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Dell Technologies by 4.5% in the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company's stock valued at $3,957,850,000 after buying an additional 1,355,841 shares during the last quarter. State Street Corp raised its position 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 acquiring an additional 265,740 shares during the last quarter. Geode Capital Management LLC lifted 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 worth $939,808,000 after acquiring an additional 108,011 shares during the period. Invesco Ltd. boosted its holdings in Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company's stock valued at $919,051,000 after acquiring an additional 2,445,854 shares during the last quarter. Finally, Deutsche Bank AG increased its position in Dell Technologies by 24.6% during the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company's stock valued at $694,489,000 after purchasing an additional 1,090,336 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell is partnering with Deepgram and Penguin Solutions to deliver dedicated, low-latency enterprise voice AI infrastructure (Speech-to-Text, Text-to-Speech, Voice Agents) using PowerEdge servers, PowerScale storage and NVIDIA GPUs — a direct revenue driver for Dell’s AI server and storage business. Dell Voice AI Push With Deepgram And Penguin Targets Enterprise Workloads
• Positive Sentiment: Profiles in Fortune highlight Dell’s transformation into a ~$25B AI infrastructure business in two years and management execution (CFO initiatives), supporting revenue expansion and credibility in the AI server market. That underpins the company’s growth narrative even as near-term volatility hits the stock. How Dell reinvented itself as an AI-server powerhouse — and what its CFO is building next
• Positive Sentiment: Technical traders note a “golden cross” (50-day SMA crossing above 200-day SMA), a bullish signal that can attract momentum buying and support the stock if macro conditions stabilize. Dell Technologies (DELL) Just Flashed Golden Cross Signal: Do You Buy?
• Neutral Sentiment: Product-level innovation (e.g., new XPS 14 display technology) bolsters Dell’s premium PC positioning, but such consumer features have limited immediate impact on enterprise/server revenue that’s driving valuation. Truly cutting-edge displays — Dell XPS 14 screen tech explained
• Neutral Sentiment: Michael Dell’s high-profile $6.25B philanthropic commitment draws positive PR but is not a material operational driver for near-term earnings. Michael Dell on his $6.25B investment in American children
• Negative Sentiment: Broader market weakness tied to intensified geopolitical tensions in the Middle East pushed major indices lower and contributed to Dell’s decline as investors reduced risk exposure across tech names. Jabil, CECO Environmental, Iridium, Viasat, and Dell Stocks Trade Down, What You Need To Know
• Negative Sentiment: Reports of insider selling that included Dell (week-over-week filings) can weigh on sentiment and prompt short-term selling, even if such sales are often for personal/liquidity reasons. Top insiders sold shares of Nvidia, Dell Technologies and Five Below last week

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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