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On Friday, Aletheia Capital maintained a positive outlook on Dell Technologies Inc. (NYSE:DELL), reiterating a Buy rating and a price target of $150.00 for the company’s shares. This aligns with the broader analyst consensus, as InvestingPro data shows analyst targets ranging from $91 to $155, with 5 analysts recently revising their earnings expectations upward.
The affirmation of the price target by Aletheia Capital reflects a consistent view on the company’s potential in the market. With a market capitalization of $77.66 billion and annual revenue of $96.7 billion, Dell’s robust financial position and P/E ratio of 17.37 support the positive outlook. Dell’s stock performance and company’s financial health were key considerations in maintaining the current rating and target.
Dell Technologies, a leading player in the global technology sector, has been navigating a dynamic market landscape. The company offers a wide range of products and services, including personal computers, servers, networking products, and storage solutions. Its ability to adapt to changing market conditions and customer needs is crucial for its ongoing success and growth.
The Buy rating indicates that Aletheia Capital analysts believe Dell’s stock is currently undervalued and has the potential to increase in price, offering a favorable opportunity for investors. The $150.00 price target suggests a level of confidence in the company’s ability to reach and possibly exceed this value in the future.
Investors and market watchers typically pay close attention to such ratings and price targets, as they can influence market perceptions and investment decisions. For deeper insights into Dell’s valuation and growth prospects, InvestingPro offers exclusive access to 13+ additional analyst insights and comprehensive financial metrics through its Pro Research Report. Dell Technologies has not publicly responded to the reiterated rating and price target by Aletheia Capital as of now.
In other recent news, Dell Technologies Inc. reported mixed financial results for the first quarter of fiscal year 2026, with earnings per share (EPS) and earnings before interest and taxes (EBIT) falling short of expectations. Despite this, the company achieved a record $12.1 billion in AI server orders, surpassing Goldman Sachs’ estimate of $7.2 billion. Dell has revised its fiscal 2026 EBIT forecast downward due to slower market growth projections for traditional servers and storage solutions. However, the company raised its EPS guidance for fiscal 2026, citing a $1.98 billion share buyback as a contributing factor.
Analysts have responded with various updates to their price targets for Dell. Goldman Sachs maintained its Buy rating with a $130 target, while JPMorgan increased its price target to $125, citing strong AI server demand. Raymond (NSE:RYMD) James raised its target to $150, noting Dell’s positive AI server revenue guidance, and BofA Securities increased its target to $155, highlighting the company’s potential to boost AI server revenues significantly. Barclays (LON:BARC) raised its target to $123 but maintained an Equalweight rating, expressing concerns about the conversion of AI server orders into revenue and potential competitive risks. These developments reflect the complex dynamics Dell faces as it navigates growth in AI technology alongside challenges in traditional markets.
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