Dell Technologies stock: Barclays cuts target for Dell Technologies stock to USD 574.00

Barclays downgraded Dell Technologies from Overweight to Equal Weight and cut its price target from USD 603.00 to USD 574.00 on October 14, 2026, according to Investing.com. That target is 24.43 percent above the USD 461.50 Dell quote on the NYSE at 10:25 a.m. ET on October 16, 2026. Dell Technologies stock was trading at EUR 407.05 at Lang & Schwarz on October 16, 2026 at 4:10 p.m. CEST, down 2.19 percent versus the Xetra close of October 15, 2026 at EUR 416.15.

Fiscal 2027 second-quarter revenue

Dell Technologies reported USD 46.97 billion in revenue for fiscal 2027's second quarter, ended July 31, 2026. Operating profit was USD 5.39 billion, net income attributable to common shareholders was USD 4.13 billion, diluted earnings per share were USD 6.34, and the operating margin was 11.00 percent. The figures give the stock report a fundamental anchor after Barclays questioned the pace of future growth.

Price sits below the yearly high

The NYSE quote stood at USD 461.50 on October 16, 2026 at 10:25 a.m. ET, with a 2.51 percent decline from the prior close. Dell's 52-week range was USD 110.22 to USD 595.51, placing the quote 22.50 percent below the high. The euro quote was EUR 407.05, with a bid of EUR 406.45 and an ask of EUR 407.65 at Lang & Schwarz. Trading volume was 2,232,575 shares against an average of 7,594,300 shares.

Valuation and reporting date

Dell Technologies had a market capitalization of USD 293.4 billion and a P/E ratio of 26.83 on October 16, 2026. The trailing dividend yield was 0.00 percent. Dell Technologies is expected to report its fiscal 2027 third-quarter results on November 24, 2026, according to Gekko.

Comparison with peers

Dell Technologies Inc.: minus 2.19 percent, P/E 26.83, market capitalization USD 293.4 billion
Hewlett Packard Enterprise Company (NYSE, USD): minus 4.42 percent, P/E 29.15, market capitalization USD 74.4 billion
NetApp, Inc. (NASDAQ, USD): minus 2.67 percent, P/E 29.47, market capitalization USD 41.0 billion

Price and reporting outlook

The analyst target remains above the latest NYSE quote, while the current euro quotation is below the October 15 Xetra close. The next scheduled reporting date is November 24, 2026.

Dell Technologies stock was trading at EUR 407.05 at Lang & Schwarz on October 16, 2026 at 4:10 p.m. CEST, 2.19 percent below the Xetra close of October 15, 2026 at EUR 416.15. The further course of trading is shown by the continuously updated real-time quote of Dell Technologies stock.

Market context: Market report S&P 500.

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