⌂ Home News Dell Shares Dip 2.3% After AI-Driven Rally, Despite Strong Demand

Dell Shares Dip 2.3% After AI-Driven Rally, Despite Strong Demand

Dell Shares Dip 2.3% After AI-Driven Rally, Despite Strong Demand
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Quarterly net earnings per share reached $4.86, outpacing Wall Street consensus estimates of $2.96 per share.

Wall Street equity analysts maintain a consensus Moderate Buy rating on the stock with an average price target of $494.67.

Citigroup recently raised its target price to $515, while Wells Fargo and HSBC elevated their ratings to Overweight and Buy earlier in the quarter.

In regulatory disclosures filed with the Securities and Exchange Commission, company insiders sold more than $1.4 billion worth of shares over the past 90 days.

Directors associated with Silver Lake Partners completed two separate transactions on July 9, liquidating over 103,000 shares worth a combined $46.9 million.

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Dell maintains a market capitalization of $277.11 billion and is scheduled to pay a quarterly dividend of $0.63 per share to shareholders of record as of July 21, 2026.

K
Editors Team
Author: Kenes Jatmika
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