Dell Technologies (DELL) Stock Forecast & Price Target

$116.05

-0.77 (-0.66%)

(As of 09/18/2024 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

Moderate Buy
Based on 17 Analyst Ratings

Based on 17 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 17 analysts, 3 have given a hold rating, and 14 have given a buy rating for DELL.

Consensus Price Target

$139.19
19.94% Upside

High Forecast	$185.00
Average Forecast	$139.19
Low Forecast	$75.00

According to the 17 analysts' twelve-month price targets for Dell Technologies, the average price target is $139.19. The highest price target for DELL is $185.00, while the lowest price target for DELL is $75.00. The average price target represents a forecasted upside of 19.94% from the current price of $116.05.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
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	14 Buy rating(s)	13 Buy rating(s)	13 Buy rating(s)	11 Buy rating(s)
Hold	3 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$139.19	$131.25	$135.81	$65.69
Forecasted Upside	19.94% Upside	16.50% Upside	5.68% Upside	14.49% Upside

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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.

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.

Dell Technologies Stock vs. The Competition

Type	Dell Technologies	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.82	2.64	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	19.94% Upside	93.57% Upside	7.94% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/17/2024	Mizuho 2 of 5 stars	V. Rakesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$135.00	+16.91%
9/10/2024	Susquehanna 2 of 5 stars	M. Hosseini Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$120.00	+13.30%
8/30/2024	Citigroup 3 of 5 stars		Boost Target	Buy ➝ Buy	$155.00 ➝ $160.00	+38.85%
8/30/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$155.00 ➝ $140.00	+22.47%
8/30/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$166.00 ➝ $160.00	+40.77%
8/30/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Long Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$97.00 ➝ $106.00	-6.74%
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8/30/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$164.00 ➝ $158.00	+38.94%
8/30/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$150.00 ➝ $140.00	+23.11%
8/30/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$150.00 ➝ $155.00	+39.97%
8/30/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$155.00 ➝ $128.00	+15.59%
8/30/2024	Fox Advisors Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight
8/29/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$142.00 ➝ $136.00	+21.91%
8/28/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$140.00 ➝ $140.00	+27.04%
8/15/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$155.00 ➝ $160.00	+55.35%
5/28/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$125.00 ➝ $185.00	+9.96%
3/4/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$87.00 ➝ $129.00	+2.65%
9/25/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$68.00 ➝ $75.00	+7.07%
9/18/2023	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$50.00 ➝ $80.00	+15.69%
9/1/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$62.00 ➝ $74.00	+31.58%
3/14/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
10/31/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$39.00	-0.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:31 AM ET.

DELL Forecast - Frequently Asked Questions

What is Dell Technologies' forecast for 2024?: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Dell Technologies is $139.19, with a high forecast of $185.00 and a low forecast of $75.00.
Should I buy or sell Dell Technologies stock right now?: 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dell Technologies in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research 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 22.64% based on their 12-month stock forecasts.
Has Dell Technologies been upgraded by Wall Street analysts recently?: Over the previous 90 days, Dell Technologies's stock had 2 upgrades by analysts.
What analysts cover Dell Technologies?: Dell Technologies has been rated by research analysts at Bank of America, Barclays, Citigroup, Evercore ISI, Fox Advisors, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Raymond James, Sanford C. Bernstein, Susquehanna, TD Cowen, UBS Group, 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 2.82 while the average consensus rating score for "computer and technology" companies is 2.64. Learn more on how DELL compares to other companies.