This segment also offers networking products and services that help its business custom… Dell Technologies Inc. is a multinational information technology company which is engaged in providing hardware and software services solutions. The comapny, through its Client Solutions Group , sells desktops, notebooks, workstations, third-party software and peripherals. Meanwhile, it offers storage, networking and servers as well as attached software and peripherals through its Infrastructure Solutions Group https://dotbig.com/markets/stocks/DELL/ . Under the VMware division, the company provides cloud management, compute, storage and availability, networking and security, and other end-user computing solutions. Deutsche Bank analyst Sidney Ho recently upped his price target on Dell’s stock to $100 per share, up from $94 per share, noting that Dell’s shares have outperformed most other IT hardware stocks as well as the broader stock markets. 17 equities research analysts have issued 1 year price objectives for Dell Technologies’ shares.

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  • This segment also offers networking products and services that help its business custom…
  • If all goes as planned, Dell will not spin off its shares of VMware before September 2021 for tax reasons.
  • Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN.
  • According to analysts’ consensus price target of $50.38, Dell Technologies has a forecasted upside of 13.1% from its current price of $44.54.
  • The PEAD projected a Bearish outlook for $DELL after a Positive over reaction following its earnings release placing the stock in drift B.

These returns cover a period from January 1, 1988 through September 12, 2022. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded DELL to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

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Out of 15 analysts, 6 (40%) are recommending DELL as a Strong Buy, 4 (26.67%) are recommending DELL as a Buy, 5 (33.33%) are recommending DELL as a Hold, 0 (0%) are recommending DELL as a Sell, and 0 (0%) are recommending DELL as a Strong Sell. You can view the full broker recommendation list by unlocking its StockReport. The industry with the best average https://dotbig.com/ Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Was looking for conformation of a bearish reversal for DELL, and at the top of the uptrend there is a bearish engulfing candle with other indicators pointing down. Using Fibonacci on the right as support and those on the left as resistance. Watching for a break of the uptrend line and finding support at the golden trend DELL stock price line. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

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Sign-up to receive the latest news and ratings for Dell Technologies and its competitors with MarketBeat’s FREE daily newsletter. A high percentage of insider ownership can be a sign of company health. 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 $1,106,947.00 in company stock. Only 18 people have added Dell Technologies to their MarketBeat watchlist in the last 30 days. MarketBeat has tracked 6 reddit mentions for Dell Technologies this week, compared to 3 mentions on an average week.

The consensus among Wall Street equities research analysts is that investors should “buy” DELL shares. StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. All users should speak with their financial advisor before dotbig buying or selling any securities. Users should not base their investment decision upon StockInvest.us. By using the site you agree and are held liable for your own investment decisions and agree to the Terms of Use and Privacy Policy.Please read the full disclaimer here.

Dell Technologies to pay $1 billion settlement in suit stemming from 2018 Class V stock deal

Dell Technologies beat Wall Street’s targets for its fiscal third quarter thanks to strong sales of servers and other enterprise hardware. The Forex news post Dell Tops Third-Quarter Views On Growth In Servers, St… Real-time analyst ratings, insider transactions, earnings data, and more.

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Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. U.S. https://dotbig.com/markets/stocks/DELL/ stock futures are trading in negative territory while Americans are gearing up to celebrate Thanksgiving Day this Thursday.

About Dell Technologies (NYSE:DELL) Stock

Featured in The Global Fintech Index 2020 as the top Fintech company of the country. If all goes as planned, Dell will not spin off its shares of VMware before September 2021 for tax reasons. Dell is seeking to qualify the plan as tax-free for federal income tax purposes. “As both companies have stated, we believe a tax-free spin could drive shareholder, team member and customer value by simplifying capital structures and enabling Forex news flexibility,” Dell’s CEO Michael Dell told CRN earlier this year. Dell announces additions to high performance computing portfolio Dell Technologies announced it has expanded its high performance computing, or HPC, portfolio, with new Dell PowerEdge… Dell Technologies Announces Third Quarter Fiscal 2023 Financial Results News summary Third quarter revenue down 6% at $24.7 billion Operating income up 68% at a record $1.8…

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Dell Technologies doesn’t possess the right combination of the two key ingredients dotbig for a likely earnings beat in its upcoming report. Dell Technologies Inc has reached a $1 billion settlement of a lawsuit accusing it of short-changing some investors in an approximately $24 billion transaction where it returned to being a publicly trad…

Dell Technologies announced a quarterly dividend on Tuesday, September 6th. Investors of record on Wednesday, October 19th will be given a dividend of $0.33 per share on Friday, https://www.ig.com/en/forex October 28th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.96%. Dell Technologies’ stock was trading at $56.17 at the start of the year.