Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports Information technology solutions, products, and services worldwide. It operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment provides traditional and next-generation storage solutions; and rack, blade, tower, and hyperscale servers. This segment also offers networking products and services that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences, and accelerate business applications and processes; attached software and peripherals; and support and deployment, configuration, and extended warranty services. The CSG segment provides desktops, workstations, and notebooks; displays and projectors; attached and third-party software and peripherals, as well as support and deployment, configuration, and extended warranty services. The VMware segment supports and addresses various IT priorities of customers, including accelerating their cloud journey, migrating and modernizing their applications, empowering digital workspaces, transforming networking, and embracing intrinsic security. It enables its customers to digitally transform their operations as they ready their applications, infrastructure, and employees for constantly evolving business needs. This segment also offers cloud-native platform that makes software development and IT operations a strategic advantage for customers. The company also provides information security; cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments; cloud-based integration services; and financial services. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.
IPO Year: 2018
Exchange: NYSE
Website: delltechnologies.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/31/2024 | $105.00 → $155.00 | Hold | TD Cowen |
5/29/2024 | $130.00 → $180.00 | Buy | BofA Securities |
5/21/2024 | $125.00 → $170.00 | Buy | Citigroup |
5/21/2024 | $94.00 → $98.00 | Underweight | Barclays |
5/21/2024 | $140.00 → $170.00 | Overweight | Wells Fargo |
5/15/2024 | $128.00 → $152.00 | Overweight | Morgan Stanley |
3/1/2024 | $75.00 → $105.00 | Market Perform | TD Cowen |
2/28/2024 | $125.00 | Buy | Loop Capital |
2/23/2024 | $85.00 → $95.00 | Outperform | Evercore ISI |
1/8/2024 | Buy | Melius |
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
4 - Dell Technologies Inc. (0001571996) (Issuer)
ROUND ROCK, Texas, Sept. 26, 2023 /PRNewswire/ -- Dell Technologies (NYSE:DELL) has appointed Steve Mollenkopf as its newest independent member of the Dell Technologies board of directors, effective Sept. 27, 2023. Additionally, Simon Patterson, managing director of Silver Lake, has resigned as a member of the board of directors, effective Sept. 26, 2023. With the appointment of Mollenkopf, the Dell Technologies board of directors now seats eight directors, six of which are independent members. "Steve has decades of leadership and operating experience, with deep engineering ex
Company Adds Proven Sales Leader to Meet Cross-Sector Demand for Autonomous Cybersecurity Platform SentinelOne, the autonomous cybersecurity platform company, today announced the appointment of Daniel Donovan as Vice President, Americas Sales. Donovan brings more than 20 years of IT and security sales leadership experience to SentinelOne, most recently holding the position of VP/GM OneNA VMware Sales at Dell Technologies (NYSE:DELL). At Dell, Donovan was responsible for the company's North American software unit and spearheaded the consolidation of all market segments including enterprise, commercial, global, SMB, SLED and FED. During his tenure, Donovan established a multi-billion dollar
TD Cowen reiterated coverage of Dell with a rating of Hold and set a new price target of $155.00 from $105.00 previously
BofA Securities reiterated coverage of Dell with a rating of Buy and set a new price target of $180.00 from $130.00 previously
Citigroup reiterated coverage of Dell with a rating of Buy and set a new price target of $170.00 from $125.00 previously
Wells Fargo reiterated coverage of Dell with a rating of Overweight and set a new price target of $170.00 from $140.00 previously
Barclays reiterated coverage of Dell with a rating of Underweight and set a new price target of $98.00 from $94.00 previously
Morgan Stanley reiterated coverage of Dell with a rating of Overweight and set a new price target of $152.00 from $128.00 previously
TD Cowen reiterated coverage of Dell with a rating of Market Perform and set a new price target of $105.00 from $75.00 previously
Loop Capital initiated coverage of Dell with a rating of Buy and set a new price target of $125.00
Evercore ISI reiterated coverage of Dell with a rating of Outperform and set a new price target of $95.00 from $85.00 previously
Melius initiated coverage of Dell with a rating of Buy
ROUND ROCK, Texas, June 11, 2024 /PRNewswire/ -- Dell Technologies (NYSE:DELL) announces that its board of directors has declared a quarterly cash dividend of $0.445 per common share, which will be payable on Aug. 2 to shareholders of record as of July 23. Dell increased its annual cash dividend by 20% to $1.78 per common share following board approval in February of this year. About Dell TechnologiesDell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the
News summary First quarter revenue of $22.2 billion, up 6% year over yearInfrastructure Solutions Group (ISG) revenue of $9.2 billion, up 22% year over year, with record servers and networking revenue of $5.5 billion, up 42%Client Solutions Group (CSG) revenue of $12.0 billion, flat year over year, with commercial client revenue at $10.2 billion, up 3%Diluted earnings per share of $1.32, up 67% year over year, and non-GAAP diluted earnings per share of $1.27, down 3%ROUND ROCK, Texas, May 30, 2024 /PRNewswire/ -- Full story Dell Technologies (NYSE:DELL) announces financial res
ROUND ROCK, Texas, May 21, 2024 /PRNewswire/ -- Dell Technologies (NYSE:DELL) will conduct a conference call Thursday, May 30, 2024, at 3:30 p.m. CDT to discuss its fiscal 2025 first quarter financial results. The conference will be available to the public as a live, audio-only webcast on Dell Technologies' website at investors.delltechnologies.com; an archived version will be available at the same location. The company will issue the results via a press release with accompanying financial statements before the conference call broadcast. At that time, the release, prepared rem
News summary Fourth quarter revenue of $22.3 billion and full-year revenue of $88.4 billionFull-year operating income of $5.2 billion and non-GAAP operating income of $7.7 billionFull-year cash flow from operations of $8.7 billionFull-year diluted earnings per share of $4.36 and non-GAAP diluted earnings per share of $7.13Announcing a 20% increase in annual cash dividend to $1.78 per common shareROUND ROCK, Texas, Feb. 29, 2024 /PRNewswire/ -- Full storyDell Technologies (NYSE:DELL) announces financial results for its fiscal 2024 fourth quarter and full year. Fourth quarter r
New AI PCs help organizations implement AI strategies and prepare for the future Story Highlights Dell will have the broadest portfolio of commercial AI laptops and mobile workstations1New Dell AI PCs and workstations elevate performance, productivity and collaboration for everyday workers and power usersNew services leverage AI, telemetry and automation to deliver self-healing capabilities for PCsDell expands most intelligent headset portfolio with new AI-driven technologyROUND ROCK, Texas, Feb. 26, 2024 /PRNewswire/ -- Dell Technologies (NYSE:DELL) will introduce the broadest portfolio of commercial AI laptops and mobile workstations designed to bring organizations and employee productivit
ROUND ROCK, Texas, Feb. 19, 2024 /PRNewswire/ -- Dell Technologies (NYSE:DELL) will conduct a conference call Thursday, Feb. 29, 2024, at 3:30 p.m. CST to discuss its fiscal 2024 fourth quarter and full-year financial results. The conference will be available to the public as a live, audio-only webcast on Dell Technologies' website at investors.delltechnologies.com; an archived version will be available at the same location. The company will issue the results via a press release with accompanying financial statements before the conference call broadcast. At that time, the rele
ROUND ROCK, Texas, Dec. 18, 2023 /PRNewswire/ -- Dell Technologies Inc. ("Dell Technologies") (NYSE:DELL) today announced the pricing terms of the previously announced cash tender offers (collectively, the "Offers") by Dell Inc., its wholly-owned subsidiary ("Dell"). Dell expects to accept for purchase $350,000,000 in aggregate principal amount of the 3.450% Senior Notes due 2051 and $150,000,000 aggregate principal amount of the 8.350% Senior Notes due 2046 that were validly tendered and not validly withdrawn at or before the Early Tender Deadline referenced below from the registered holders (collectively, the "Holders") thereof. Subject to the previously announced amended combined tender
ROUND ROCK, Texas, Dec. 15, 2023 /PRNewswire/ -- Dell Technologies Inc. ("Dell Technologies") (NYSE:DELL) today announced that, in connection with the previously announced cash tender offers (collectively, the "Offers") by Dell Inc., its wholly-owned subsidiary ("Dell"), for up to $500 million aggregate principal amount (the "Aggregate Tender Cap") of the debt securities listed in the table below (collectively, the "Securities" and each referred to as a "series" of Securities) from each registered holder of Securities (individually, a "Holder," and collectively, the "Holders"), $548,471,000 in aggregate principal amount of the 3.450% Senior Notes due 2051 and $262,091,000 in aggregate princ
ROUND ROCK, Texas, Dec. 5, 2023 /PRNewswire/ -- Dell Technologies (NYSE:DELL) announces that its board of directors has declared a quarterly cash dividend of $0.37 per common share, which will be payable on Feb. 2, 2024 to shareholders of record as of Jan. 23, 2024. Dell increased its annual cash dividend by 12% to $1.48 per common share following board approval in March of this year. About Dell TechnologiesDell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers wi
ROUND ROCK, Texas, Dec. 4, 2023 /PRNewswire/ -- Dell Technologies Inc. ("Dell Technologies") (NYSE:DELL) today announced that Dell Inc., its wholly-owned subsidiary ("Dell"), has commenced cash tender offers (collectively, the "Offers") for up to $500.0 million aggregate principal amount (the "Aggregate Tender Cap") of the debt securities listed in the table below (collectively, the "Securities") and subject to the Tender Sub-Caps (as defined herein). The Offers are subject to the Aggregate Tender Cap, the Tender Sub-Caps and proration procedures described in the Offer to Purchase dated December 4, 2023, as amended or supplemented (the "Offer to Purchase"), and order of priority (the "Accept
Rain Enhancement Technologies, Inc. ("RET") has entered into a business combination agreement with Coliseum Acquisition Corp.; once the business combination is completed, it is intended that the combined company will be listed on Nasdaq under the ticker symbol "RAIN." RET aims to develop, manufacture and commercialize ionization rainfall generation technology to provide additional rainfall for the energy, agriculture, logistics, transportation, decarbonization, and food industries, as well as supranational organizations, countries and localities. The transaction values RET at a pre-closing valuation of $45 million. Rain Enhancement Technologies, Inc. ("RET" or the "Company"), an e
ROUND ROCK, Texas, June 11, 2024 /PRNewswire/ -- Dell Technologies (NYSE:DELL) announces that its board of directors has declared a quarterly cash dividend of $0.445 per common share, which will be payable on Aug. 2 to shareholders of record as of July 23. Dell increased its annual cash dividend by 20% to $1.78 per common share following board approval in February of this year. About Dell TechnologiesDell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the
Most institutions have an AI strategy but lack the infrastructure, training, and data policies needed for implementation A new survey commissioned by SHI International, one of North America's largest IT solutions providers, and Dell Technologies underscores the transformative potential of artificial intelligence (AI) while exposing significant gaps in preparedness at many research institutions. The Center for Digital Education conducted the survey of leaders and IT professionals across the higher education space in the United States and found that around 50% of research universities have a defined strategy for deploying and managing AI technologies. However, only 13.2% say they are most
News summary First quarter revenue of $22.2 billion, up 6% year over yearInfrastructure Solutions Group (ISG) revenue of $9.2 billion, up 22% year over year, with record servers and networking revenue of $5.5 billion, up 42%Client Solutions Group (CSG) revenue of $12.0 billion, flat year over year, with commercial client revenue at $10.2 billion, up 3%Diluted earnings per share of $1.32, up 67% year over year, and non-GAAP diluted earnings per share of $1.27, down 3%ROUND ROCK, Texas, May 30, 2024 /PRNewswire/ -- Full story Dell Technologies (NYSE:DELL) announces financial res
New research from MeriTalk, underwritten by Dell Technologies, says improved customer experiences, stronger cybersecurity, enhanced competitive positioning and AI are top drivers for open networks ROUND ROCK, Texas, May 23, 2024 /PRNewswire/ -- Network cloud transformation is a critical path that communications service providers (CSPs) must take to grow their businesses. And according to a new MeriTalk study, underwritten by Dell Technologies, CSPs agree. In fact, nine out of 10 CSPs take it a step further and say network transformation is critical to their organization's surv
News summary Dell and Ericsson join forces to develop tailored network cloud infrastructure plans and advise communications service providers on their cloud transformation journeysDell and Ericsson to commercially introduce Ericsson Cloud RAN software on Dell PowerEdge servers with continuous testing and lifecycle managementDell and Ericsson to provide joint services capabilities to offer network operators cohesive and integrated network infrastructure supportMeriTalk and Dell study finds 96 percent of communications service providers say their network transformation strategy is lagging, which Dell and Ericsson aim to address with new partnershipROUND ROCK, Texas and STOCKHOLM, Sweden, May
ROUND ROCK, Texas, May 21, 2024 /PRNewswire/ -- Dell Technologies (NYSE:DELL) will conduct a conference call Thursday, May 30, 2024, at 3:30 p.m. CDT to discuss its fiscal 2025 first quarter financial results. The conference will be available to the public as a live, audio-only webcast on Dell Technologies' website at investors.delltechnologies.com; an archived version will be available at the same location. The company will issue the results via a press release with accompanying financial statements before the conference call broadcast. At that time, the release, prepared rem
World's broadest AI solutions portfolio from desktop to data center to cloud helps customers quickly and securely capture AI opportunities LAS VEGAS, May 20, 2024 /PRNewswire/ -- DELL TECHNOLOGIES WORLD -- News summary Dell AI Factory gives organizations the infrastructure, solutions and services needed to quickly adopt and deploy AI at scaleNew Dell AI PCs with Copilot+ help users focus on strategic, creative tasks with new AI experiences from Microsoft, powered by Snapdragon® X Elite and Snapdragon X Plus processorsDell storage, data protection and networking innovations d
PowerStore Prime combines system advancements, Dell APEX AI innovations and programmatic benefits for customers and partners LAS VEGAS, May 20, 2024 /PRNewswire/ -- DELL TECHNOLOGIES WORLD -- News summary Dell PowerStore innovations support highly demanding workloads with up to a 30% software-driven performance boost and up to 66% better hardware performanceDell PowerStore customers can increase efficiency with industry's most flexible QLC storage offering and new 5:1 data reduction guaranteeDell PowerStore cloud mobility tools simplify workload placement with data migration
LAS VEGAS, May 20, 2024 /PRNewswire/ -- DELL TECHNOLOGIES WORLD -- News summary Dell PowerEdge XE9680L server offers direct liquid cooling and eight NVIDIA Blackwell Tensor Core GPUs for fast processing in a compact form factorDell delivers industry's densest and energy efficient turnkey rack-scale solutions to accelerate large Blackwell GPU deploymentsDell NativeEdge is the first edge orchestration platform that automates the delivery of NVIDIA AI Enterprise software, including NVIDIA NIMDell solutions and services with NVIDIA technology speed AI application deployment and
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This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AMD CALL SWEEP BULLISH 07/05/24 $172.50 $35.8K 6.7K 132.9K AAPL CALL SWEEP
Whales with a lot of money to spend have taken a noticeably bearish stance on Dell Technologies. Looking at options history for Dell Technologies (NYSE:DELL) we detected 10 trades. If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 50% with bearish. From the overall spotted trades, 4 are puts, for a total amount of $303,285 and 6, calls, for a total amount of $190,620. Expected Price Movements Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $160.0 for Dell Technologies over the recent three months. Insights into Volume & O
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA CALL SWEEP BULLISH 07/05/24 $125.00 $39.7K 71.1K 231.1K AAPL CALL SWE
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA CALL SWEEP BULLISH 07/05/24 $125.00 $39.7K 71.1K 231.1K AAPL CALL SWE
Nvidia Corp (NASDAQ:NVDA) is facing scrutiny as reports emerge of its advanced AI chips being smuggled into China despite U.S. export restrictions. The underground market, driven by strong demand for these powerful chips, highlights the ongoing tech rivalry between the U.S. and China. More than 70 distributors are openly advertising what they claim to be Nvidia’s restricted chips online, with many verified sellers confirming steady supplies, the Wall Street Journal reports. Many sellers take preorders and promise delivery within weeks, indicating a robust supply chain. Some even offer entire servers equipped with high-end Nvidia chips, costing up to $300,000. This network caters
The soaring investor interest in artificial intelligence has propelled a rally in U.S. stock markets, but it has also fueled concerns about a potential AI-bubble burst akin to the dotcom-bubble eruption of the late 1990s. The excitement over AI in recent weeks has sent the S&P 500 Index, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), to new highs after gaining more than 50% from an October 2022 low. Meanwhile, the Nasdaq Composite Index, which is tracked by the Invesco QQQ Trust (NASDAQ:QQQ), has soared more than 70% since the end of 2022, Reuters reported. Nvidia and a handful of other giant tech stocks are driving the current market, much in the same way that the “Four Horsemen” C
Evercore ISI Group analyst Amit Daryanani maintains Dell Technologies (NYSE:DELL) with a Outperform and maintains $165 price target.
Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro during the month of June. Current prices and year-to-date performances are based on June 30 and do not include dividends. April search results were not tracked. 1. NVIDIA Corporation (NASDAQ:NVDA) Price: $123.54 52-Week Range: $39.23 to $140.76 Year-to-Date Return: +149.5% January/February/March Search Rank: 3rd/1st/1st May Search Rank: 2nd 2. GameStop Corporation (NYSE:GME) Price: $24.69 52-Week Range: $9.95 to $64.83
Deep-pocketed investors have adopted a bullish approach towards Dell Technologies (NYSE:DELL), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 51 extraordinary options activities for Dell Technologies. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 43% leaning bullish and 31% bearish. Among these notab