Dell Technologies Inc [DELL] moved up 6.39: Why It’s Important

Dell Technologies Inc [NYSE: DELL] price surged by 6.39 percent to reach at $7.77.

The one-year DELL stock forecast points to a potential upside of 11.97. The average equity rating for DELL stock is currently 1.52, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Dell Technologies Inc [DELL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DELL shares is $147.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DELL stock is a recommendation set at 1.52. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Dell Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 27, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price to Outperform. The new note on the price target was released on September 17, 2024, representing the official price target for Dell Technologies Inc stock. Previously, the target price had yet another raise to $120, while Susquehanna analysts kept a Neutral rating on DELL stock.

The Average True Range (ATR) for Dell Technologies Inc is set at 4.41, with the Price to Sales ratio for DELL stock in the period of the last 12 months amounting to 1.03. Price to Free Cash Flow for DELL in the course of the last twelve months was 28.06 with Quick ratio for the last quarter at 0.51.

DELL Stock Performance Analysis:

Dell Technologies Inc [DELL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.29. With this latest performance, DELL shares gained by 14.35% in over the last four-week period, additionally plugging by 8.94% over the last 6 months – not to mention a rise of 94.79% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DELL stock in for the last two-week period is set at 61.91, with the RSI for the last a single of trading hit 65.47, and the three-weeks RSI is set at 59.36 for Dell Technologies Inc [DELL]. The present Moving Average for the last 50 days of trading for this stock 117.40, while it was recorded at 122.96 for the last single week of trading, and 117.56 for the last 200 days.

Insight into Dell Technologies Inc Fundamentals:

Dell Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.62.

DELL Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DELL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dell Technologies Inc go to 13.66%.

Dell Technologies Inc [DELL] Institutonal Ownership Details

There are presently around $69.13%, or 73.11%% of DELL stock, in the hands of institutional investors. The top three institutional holders of DELL stocks are: VANGUARD GROUP INC with ownership of 17.58 million shares, which is approximately 2.4828%. BLACKROCK INC., holding 15.48 million shares of the stock with an approximate value of $$2.13 billion in DELL stocks shares; and BLACKROCK INC., currently with $$1.99 billion in DELL stock with ownership which is approximately 2.038%.