What Are Wall Street Analysts' Target Price for Dell Technologies Stock?

With a market cap of $236.8 billion, Dell Technologies Inc. (DELL) designs, develops, and delivers a wide range of integrated IT solutions, including infrastructure systems, personal computing devices, and related services. It operates through two main segments - Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG), serving enterprises, governments, institutions, and individual consumers worldwide.

Shares of the Round Rock, Texas-based company have outpaced the broader market over the past 52 weeks. DELL stock has jumped 140.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 13.5%. Moreover, shares of the company have surged 195.8% on a YTD basis, compared to SPX's 12.3% rise.

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Looking closer, shares of the computer and technology services provider have surpassed the State Street Technology Select Sector SPDR ETF's (XLK) increase of 20.1% over the past 52 weeks.

Dell Technologies shares soared 15.8% following its Q2 2027 results on Sept. 1, as revenue jumped 58% year-over-year to a record $47 billion and adjusted EPS of $7.04, beating analysts' estimates. The company also raised its annual revenue forecast to $192 billion and adjusted EPS guidance to $25.50, driven by surging AI-server demand, with fiscal 2027 AI-optimized server revenue now expected at $74 billion versus $60 billion previously.

Strong demand across AI infrastructure further supported the outlook, with Dell reporting more than $130 billion in AI-server orders over the past 12 months, with its infrastructure segment revenue surged 89% and PC sales increased 20%.

For the fiscal year ending in January 2027, analysts expect DELL's EPS to climbed 171.7% year-over-year to $25.13. The company's earnings surprise history is promising. It beat the consensus estimates in each of the last four quarters.

Among the 28 analysts covering the stock, the consensus rating is a "Moderate Buy." That's based on 17 "Strong Buys," three "Moderate Buy" ratings, and eight "Holds."

This configuration is slightly more bullish than three months ago, with 16 "Strong Buy" ratings on the stock.