Free Trial

Dell Technologies (DELL) Stock Forecast & Price Target

$113.59
+2.16 (+1.94%)
(As of 07/26/2024 ET)

Dell Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 15 Wall Street analysts who have issued ratings for Dell Technologies in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 1 has given a sell rating, 1 has given a hold rating, and 13 have given a buy rating for DELL.

Consensus Price Target

$135.81
19.56% Upside
High Forecast$185.00
Average Forecast$135.81
Low Forecast$74.00

According to the 15 analysts' twelve-month price targets for Dell Technologies, the average price target is $135.81. The highest price target for DELL is $185.00, while the lowest price target for DELL is $74.00. The average price target represents a forecasted upside of 19.56% from the current price of $113.59.

TypeCurrent Forecast
7/27/23 to 7/26/24
1 Month Ago
6/27/23 to 6/26/24
3 Months Ago
4/28/23 to 4/27/24
1 Year Ago
7/27/22 to 7/27/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
13 Buy rating(s)
12 Buy rating(s)
11 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$135.81$135.81$104.63$51.50
Forecasted Upside19.56% Upside5.68% Upside13.11% Upside16.63% Upside
Get Dell Technologies Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for DELL and its competitors with MarketBeat's FREE daily newsletter.

DELL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

DELL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Dell Technologies Stock vs. The Competition

TypeDell TechnologiesComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.80
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside19.52% Upside554.29% Upside9.13% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/1/2024Evercore ISI
2 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$165.00 ➝ $165.00+15.99%
6/17/2024Morgan Stanley
3 of 5 stars
 Reiterated RatingOverweight ➝ Overweight$155.00 ➝ $155.00+14.27%
5/31/2024Barclays
2 of 5 stars
 Lower TargetUnderweight ➝ Underweight$98.00 ➝ $97.00-29.71%
5/31/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$170.00 ➝ $175.00+31.13%
5/31/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHold ➝ Hold$105.00 ➝ $155.00-8.81%
5/29/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$130.00 ➝ $180.00+8.36%
5/28/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$125.00 ➝ $185.00+9.96%
5/21/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$125.00 ➝ $170.00+16.40%
5/20/2024Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$120.00 ➝ $155.00+3.92%
5/20/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$125.00 ➝ $155.00+2.86%
4/19/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$113.00 ➝ $141.00+19.11%
3/4/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$87.00 ➝ $129.00+2.65%
12/1/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$68.00 ➝ $82.00+8.02%
9/25/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$68.00 ➝ $75.00+7.07%
9/18/2023Daiwa Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Outperform$50.00 ➝ $80.00+15.69%
9/1/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$62.00 ➝ $74.00+31.58%
3/14/2023KGI Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Outperform
10/31/2022Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold$39.00-0.41%
8/26/2022Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetMarket Perform$58.00 ➝ $45.00+3.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:50 AM ET.

DELL Forecast - Frequently Asked Questions

What is Dell Technologies' forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Dell Technologies is $135.81, with a high forecast of $185.00 and a low forecast of $74.00.

Should I buy or sell Dell Technologies stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dell Technologies in the last year. There is currently 1 sell rating, 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DELL shares.

Does Dell Technologies's stock price have much upside?

According to analysts, Dell Technologies's stock has a predicted upside of 5.95% based on their 12-month stock forecasts.

What analysts cover Dell Technologies?

Dell Technologies has been rated by research analysts at Bank of America, Barclays, Citigroup, Evercore ISI, JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Sanford C. Bernstein, TD Cowen, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Dell Technologies more than its competitors?

Analysts like Dell Technologies more than other "computer and technology" companies. The consensus rating score for Dell Technologies is 2.80 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how DELL compares to other companies.


This page (NYSE:DELL) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners