Dell Technologies (NYSE:DELL) Given New $140.00 Price Target at Evercore ISI

Market Beat
2025.05.24 14:37
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Evercore ISI has raised its target price for Dell Technologies (NYSE: DELL) from $120.00 to $140.00, maintaining an "outperform" rating. This new target suggests a potential upside of 25.50% from the previous close. Other analysts have also adjusted their ratings, with a consensus rating of "Moderate Buy" and a target price of $135.82. Dell's stock recently traded down 0.4% to $111.55, with a market cap of $77.84 billion and a P/E ratio of 19.66.

Dell Technologies (NYSE:DELL - Get Free Report) had its target price boosted by equities researchers at Evercore ISI from $120.00 to $140.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the technology company's stock. Evercore ISI's target price points to a potential upside of 25.50% from the company's previous close.

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Other research analysts have also recently issued research reports about the stock. Wells Fargo & Company dropped their target price on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a report on Friday, February 28th. Loop Capital cut their target price on Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. Barclays upped their price objective on shares of Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. Citigroup raised their target price on Dell Technologies from $105.00 to $128.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Finally, Raymond James upped their price target on Dell Technologies from $139.00 to $144.00 and gave the company an "outperform" rating in a research report on Tuesday, May 13th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to data from MarketBeat, Dell Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $135.82.

View Our Latest Stock Report on Dell Technologies

Dell Technologies Trading Down 0.4%

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NYSE DELL traded down $0.40 during trading on Friday, reaching $111.55. The company's stock had a trading volume of 1,128,932 shares, compared to its average volume of 10,288,165. The firm has a market capitalization of $77.84 billion, a price-to-earnings ratio of 19.66, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. Dell Technologies has a 12 month low of $66.25 and a 12 month high of $179.70. The firm has a 50 day moving average price of $93.26 and a 200 day moving average price of $108.25.

Insider Transactions at Dell Technologies

In related news, CAO Brunilda Rios sold 926 shares of the stock in a transaction on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the sale, the chief accounting officer now directly owns 37,948 shares of the company's stock, valued at $3,540,168.92. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Yvonne Mcgill sold 8,000 shares of the company's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $110.80, for a total value of $886,400.00. Following the sale, the chief financial officer now owns 245,804 shares of the company's stock, valued at approximately $27,235,083.20. This trade represents a 3.15% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 46.70% of the company's stock.

Institutional Inflows and Outflows

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A number of large investors have recently added to or reduced their stakes in DELL. Allen Capital Group LLC grew its stake in shares of Dell Technologies by 3.3% in the 4th quarter. Allen Capital Group LLC now owns 2,936 shares of the technology company's stock worth $338,000 after buying an additional 95 shares in the last quarter. Bogart Wealth LLC lifted its holdings in Dell Technologies by 7.7% during the fourth quarter. Bogart Wealth LLC now owns 1,398 shares of the technology company's stock worth $161,000 after buying an additional 100 shares during the period. Tortoise Investment Management LLC grew its position in shares of Dell Technologies by 23.0% in the 4th quarter. Tortoise Investment Management LLC now owns 535 shares of the technology company's stock worth $62,000 after buying an additional 100 shares during the last quarter. Vanguard Capital Wealth Advisors increased its position in Dell Technologies by 5.9% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock valued at $207,000 after buying an additional 100 shares in the last quarter. Finally, Spire Wealth Management raised its holdings in shares of Dell Technologies by 3.3% in the fourth quarter. Spire Wealth Management now owns 3,290 shares of the technology company's stock worth $379,000 after buying an additional 104 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Company Profile

(Get Free Report)

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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