NYSE:DELL

Dell Technologies (DELL) Stock Forecast, Price & News

$47.27

+1.81 (+3.98%)

(As of 06/2/2023 ET)

Compare

Today's Range: $45.37
▼
$47.84
50-Day Range: $37.99
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$48.51
52-Week Range: $32.90
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$51.75

Volume: 7.91 million shs
Average Volume: 4.39 million shs
Market Capitalization: $34.56 billion

P/E Ratio: 17.91
Dividend Yield: 3.13%
Price Target: $49.81

Dell Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.69 Rating Score
Upside/Downside: 5.4% Upside
$49.81 Price Target
Short Interest: Healthy
4.18% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.15
Upright™ Environmental Score
News Sentiment: 0.39
Based on 65 Articles This Week
Insider Trading: Selling Shares
$22.04 M Sold Last Quarter
Proj. Earnings Growth: 23.11%
From $4.24 to $5.22 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.02 out of 5 stars

Computer And Technology Sector

15th out of 606 stocks

Electronic Computers Industry

1st out of 5 stocks

2.3

Analyst's Opinion

Consensus Rating
Dell Technologies has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $49.81, Dell Technologies has a forecasted upside of 5.4% from its current price of $47.27.
Amount of Analyst Coverage
Dell Technologies has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
4.18% of the float of Dell Technologies has been sold short.
Short Interest Ratio / Days to Cover
Dell Technologies has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Dell Technologies has recently decreased by 2.91%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Dell Technologies pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Dell Technologies has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Dell Technologies is 56.06%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Dell Technologies will have a dividend payout ratio of 28.35% next year. This indicates that Dell Technologies will be able to sustain or increase its dividend.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Dell Technologies has received a 42.03% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Networking software", "Software development process consulting", and "Software development consulting" products. See details.
Environmental Sustainability
The Environmental Impact score for Dell Technologies is -1.15.

1.9

News and Social Media Coverage

News Sentiment
Dell Technologies has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 65 news articles for Dell Technologies this week, compared to 14 articles on an average week.
Search Interest
Only 50 people have searched for DELL on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.
MarketBeat Follows
Only 11 people have added Dell Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -87% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dell Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,038,868.00 in company stock.
Percentage Held by Insiders
48.60% of the stock of Dell Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 26.42% of the stock of Dell Technologies is held by institutions.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Dell Technologies are expected to grow by 23.11% in the coming year, from $4.24 to $5.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dell Technologies is 17.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dell Technologies is 17.91, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 311.54.
Price to Earnings Growth Ratio
Dell Technologies has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.

See Top Rated MarketRank™ Stocks Here

About Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc., founded in 1984, is a multinational computer technology company headquartered in Round Rock, Texas. The company designs, develops, sells, and supports personal computers, servers, data storage devices, network switches, software, and other related technologies. Consumers, small businesses, and large enterprises worldwide use Dell Technologies Inc.'s products and services.

Dell Technologies Inc. has achieved many key highlights and achievements throughout its history. In 2016, the company completed the most significant tech merger in history by acquiring EMC Corporation for $67 billion. Additionally, Dell has been recognized for its sustainability efforts, including being named to the Dow Jones Sustainability Index for several consecutive years.

Michael Dell is the founder and Chief Executive Officer of Dell Technologies Inc. He has been with the company since its inception in 1984, leading it through many changes and challenges. Jeff Clarke is the Vice Chairman and Chief Operating Officer, responsible for global operations, customer support, and supply chain management.

Dell Technologies Inc. has reported healthy financial results in recent years. With average revenue in the billions of dollars and a 1 - 3% increase yearly for several years. The company's average gross profit margin stays between 25 to 35%. Depending on the year, Dell Technologies Inc. maintains debt levels either slightly below or above its current assets. Dell Technologies Inc.'s price-to-earnings ratio and price-to-book ratios are slightly below the industry average, indicating that Dell Technologies Inc.'s stock is undervalued compared to its peers. Dell Technologies Inc.'s stock performance has been strong recently but became volatile in Q1 of 2022 amid investor fears of a recession. Despite these issues, Dell Technologies Inc.'s stock price is still positive, over 80% in a five-year timeframe. Dell Technologies Inc.'s stock has also outperformed the broader market, with the S&P 500 increasing by approximately 60% over the same period.

Dell Technologies Inc. operates in the highly competitive computer technology industry. The industry is characterized by rapid technological advancements, changing consumer preferences, and intense competition. Dell Technologies Inc.'s main competitors include HP Inc., Lenovo Group Limited, and Apple Inc.

One trend that is impacting the industry is the shift toward mobile computing. Consumers are increasingly using smartphones and tablets instead of traditional personal computers. This trend has led to declining sales of personal computers and increased competition in the mobile computing space.

Another trend impacting the industry is the increasing importance of data privacy and security. Consumers are becoming more aware of the risks associated with data breaches and are demanding more secure devices and services. This trend has led to increased investment in cybersecurity by companies in the industry.

Dell Technologies Inc. has several potential growth opportunities. One area of focus is the Internet of Things (IoT). Dell Technologies Inc. has developed a suite of IoT solutions and services that help customers manage and analyze the data generated by connected devices. This market is expected to grow rapidly in the coming years.

Another growth opportunity for Dell Technologies Inc. is the expanding market for cloud computing. The company has invested heavily in cloud infrastructure and services and has partnered with major cloud providers such as Microsoft Azure and Amazon Web Services. As more businesses move their computing infrastructure to the cloud, Dell Technologies Inc. is well-positioned to benefit from this trend.

Despite its many strengths, Dell Technologies Inc. faces several potential risks and challenges. One key challenge for the company is the ongoing decline in the personal computer market. As consumers shift towards mobile devices, sales of personal computers are likely to continue to decline. Dell Technologies Inc. will need to adapt to this changing market to remain competitive.

Another risk for Dell Technologies Inc. is the intense competition in the computer technology industry. The company faces competition from established players like HP and Lenovo and newer entrants like Google and Apple. To remain competitive, Dell Technologies Inc. must continue to invest in research and development and develop new products and services.

Dell Technologies Inc. faces potential risks from changing regulatory and political environments. The company operates in many countries worldwide, and changes in regulations or political instability in key markets could impact its operations. Dell Technologies Inc. may also face increased regulatory scrutiny regarding data privacy and cybersecurity issues.

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DELL Stock News Headlines

June 2, 2023 | marketbeat.com

Dell Tops Q1 Estimates but Fails to Deliver on Guidance

Dell exceeded Q1 earnings and sales expectations but faces potential significant year-over-year declines, making the situation precarious for investors.

June 4, 2023 | finance.yahoo.com

This week in tech: Salesforce slowdown; Amazon denies plans to disrupt telecom

June 4, 2023 | Chaikin Analytics (Ad)

Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks"

He called the 2020 crash and 2022 bear market. Now he says the next 90 days will determine your financial life for a decade. It doesn't matter if you have money in stocks right now, or are waiting on the sidelines. The short period we're about to enter changes everything.

June 4, 2023 | americanbankingnews.com

Dell Technologies (NYSE:DELL) Updates FY 2024 Earnings Guidance

June 4, 2023 | americanbankingnews.com

Dell Technologies (NYSE:DELL) Releases Q2 2024 Earnings Guidance

June 4, 2023 | americanbankingnews.com

Deutsche Bank Aktiengesellschaft Increases Dell Technologies (NYSE:DELL) Price Target to $48.00

June 3, 2023 | msn.com

Raymond James Maintains Dell Technologies Inc - Class C (DELL) Outperform Recommendation

June 3, 2023 | americanbankingnews.com

Dell Technologies (NYSE:DELL) Posts Quarterly Earnings Results, Beats Estimates By $0.45 EPS

June 4, 2023 | Chaikin Analytics (Ad)

Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks"

June 3, 2023 | americanbankingnews.com

Dell Technologies (NYSE:DELL) Announces Earnings Results, Beats Expectations By $0.45 EPS

June 3, 2023 | americanbankingnews.com

Dell Technologies (NYSE:DELL) Price Target Increased to $56.00 by Analysts at Credit Suisse Group

June 3, 2023 | americanbankingnews.com

Raymond James Raises Dell Technologies (NYSE:DELL) Price Target to $50.00