Goldman Sachs Adjusts Dell Technologies Price Target to $145.00

On March 5, 2025, analysts at The Goldman Sachs Group lowered their price target for Dell Technologies (NYSE:DELL) from $165.00 to $145.00, as reported by Benzinga. Despite this adjustment, Goldman Sachs maintains a "buy" rating on the technology company’s stock. The revised price target suggests a potential upside of 53.91% based on Dell's current trading price.

Several other equity research firms have also released updated reports regarding Dell Technologies. On February 28, UBS Group reduced its price target from $158.00 to $150.00 while maintaining a "buy" rating. Similarly, JPMorgan Chase & Co. lowered its target from $160.00 to $150.00, adopting an "overweight" rating in its assessment published on February 11. Wells Fargo & Company also revised its target from $160.00 to $150.00, endorsing an "overweight" rating in the same report issued on February 28. Additionally, TD Cowen announced a price target adjustment from $128.00 to $120.00, with a recommendation to hold the stock. Morgan Stanley's assessment saw a target reduction from $154.00 to $128.00 while maintaining an "overweight" stance in their report dated February 13. Of the analysts reviewing Dell Technologies, three have issued a hold rating while sixteen recommend buying shares. According to MarketBeat.com, the company holds an average rating of "Moderate Buy" with a consensus price target of $141.24.

Dell Technologies Stock Overview

As of Monday, Dell Technologies (NYSE:DELL) opened trading at $94.21. Over the past year, the stock has fluctuated between a low of $86.93 and a high of $179.70. It currently holds a market capitalization of $65.99 billion, sporting a price-to-earnings (P/E) ratio of 16.64. The company's P/E/G ratio stands at 1.10, and its beta is 0.90, indicating lower volatility compared to the market. The stock's 50-day moving average price is reported at $111.61, while the 200-day moving average is at $118.18.

Insider Trading Activities

In terms of insider activities, Director V (Gp) L.L.C. Slta sold 103,745 shares of Dell Technologies on December 6, valued at approximately $12.99 million, with an average sale price of $125.28 per share. This sale reduced their stake in the company by 11.77%, leaving them with 777,347 shares valued at roughly $97.39 million. Furthermore, Director Radakovich Lynn Vojvodich sold 725 shares on January 22 for a total of $87,000, decreasing his ownership by 2.97% to a remaining 23,680 shares worth approximately $2.84 million. Over the past three months, company insiders have sold 929,407 shares, totaling more than $113.41 million in value. Notably, insiders collectively own around 46.70% of Dell Technologies’ stock.

Institutional Ownership Trends

On the institutional side, various investors have initiated or adjusted their holdings in Dell Technologies. For instance, Intrepid Financial Planning Group LLC raised its stake by 0.7% during the third quarter, owning 12,002 shares worth approximately $1.42 million after acquiring an additional 80 shares. Meanwhile, Smithfield Trust Co's holdings increased by 8.0%, bringing their total to 1,139 shares valued at $134,000—an increase achieved by buying 84 additional shares. Graypoint LLC and ASB Consultores LLC also raised their stakes by 4.3% and 4.6%, respectively, during the same quarter, with Graypoint owning 2,086 shares worth $247,000 and ASB owning 1,987 shares worth $236,000. Additionally, Equitable Trust Co added 3.1% to its holdings, owning 2,942 shares worth $349,000. Currently, approximately 76.37% of Dell Technologies’ stock is owned by institutional investors and hedge funds.

Company Background

Dell Technologies Inc. is involved in designing, developing, manufacturing, marketing, selling, and supporting a wide array of integrated solutions, products, and services across the Americas, Europe, the Middle East, and Asia. The company operates through two primary segments: the Infrastructure Solutions Group (ISG) and the Client Solutions Group (CSG).

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