Dell Technologies Inc (DELL) shares projected to rise by 29.74%

A share price of Dell Technologies Inc [DELL] is currently trading at $112.31, up 5.58%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DELL shares have gain 12.21% over the last week, with a monthly amount drifted -5.87%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Mizuho started tracking the stock with Outperform rating on September 17, 2024, and set its price target to $135. On September 10, 2024, Susquehanna initiated with a Neutral rating and assigned a price target of $120 on the stock. Fox Advisors upgraded its rating to a Overweight. TD Cowen reiterated its recommendation of a Hold and reduced its price target to $128 on August 30, 2024. Barclays upgraded its rating to Equal Weight for this stock on August 13, 2024, but kept the price target unchanged to $97. In a note dated May 31, 2024, TD Cowen reiterated an Hold rating on this stock and boosted its target price from $105 to $155.

Dell Technologies Inc experienced fluctuations in its stock price throughout the past year between $80.49 and $179.70. Currently, Wall Street analysts expect the stock to reach $145.71 within the next 12 months. Dell Technologies Inc [NYSE: DELL] shares were valued at $112.31 at the most recent close of the market. An investor can expect a potential return of 29.74% based on the average DELL price forecast.

Analyzing the DELL fundamentals

Trailing Twelve Months sales for Dell Technologies Inc [NYSE:DELL] were 94.01B which represents 10.17% growth. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is -1.57 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -10.95.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 108.84 points at the first support level, and at 105.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 114.30, and for the 2nd resistance point, it is at 116.28.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Dell Technologies Inc [NYSE:DELL] is 0.68. Further, the Quick Ratio stands at 0.55, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.84 and price to earnings (TTM) ratio is 19.85.

Transactions by insiders

Recent insider trading involved Vojvodich Radakovich Lynn, Director, that happened on Jan 22 ’25 when 725.0 shares were sold. Director, Vojvodich Radakovich Lynn completed a deal on Jan 22 ’25 to buy 725.0 shares. Meanwhile, Durban Family Foundation bought 23000.0 shares on Jan 16 ’25.

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