Goldman Sachs reiterates USD 570.00 target for Dell Technologies stock

Published on 10/13/2026 at 15:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal second-quarter revenue rose 58.00 percent in fiscal second quarter. Dell Technologies stock costs EUR 494.95 on October 13, 2026, down 2.61 percent versus the Xetra close.

Analyst view and operating scale

Goldman Sachs reaffirmed its Buy rating and USD 570.00 target on October 9, 2026.
Fiscal second-quarter revenue rose 58.00 percent to USD 46.97 billion.
Dell Technologies stock costs EUR 494.95 at Lang & Schwarz on October 13, 2026 at 3:30 p.m. CEST, 2.61 percent below the Xetra close of October 12, 2026.
Dell had a USD 368.5 billion market capitalization and a 33.44 price-to-earnings ratio on October 13, 2026.

Dell Technologies Inc., US24703L2025, Illustration mit AI erstellt.

Goldman Sachs reiterated its Buy rating and USD 570.00 price target for Dell Technologies on October 9, 2026, according to Investing.com. Against the USD 554.78 NYSE quote at 9:31 a.m. ET on October 13, 2026, the target lies 2.74 percent above the price. Dell Technologies stock was trading at EUR 494.95 at Lang & Schwarz on October 13, 2026 at 3:30 p.m. CEST, 2.61 percent below the Xetra close of October 12, 2026 at EUR 508.20.

Revenue reaches USD 46.97 billion

Dell reported fiscal second-quarter revenue of USD 46.97 billion, up 58.00 percent from the year-earlier period, according to Beinsure on October 12, 2026. The same report said GAAP diluted earnings per share reached USD 6.34, up 273.00 percent, while operating cash flow totaled USD 2.20 billion.

The figures put the analyst target in a demanding operating context. Goldman Sachs said memory supply remains a constraint for AI infrastructure, while Dell expects demand growth to outpace supply into 2027, Investing.com reported on October 9, 2026.

Stock remains below its yearly high

Dell's NYSE price of USD 554.78 stood 6.84 percent below the 52-week high of USD 595.51 on October 13, 2026. The same quote showed a 52-week low of USD 110.22, a market capitalization of USD 368.5 billion and volume of 480,340 shares against a 7,483,479-share average.

Comparison with peers

Dell Technologies Inc.: minus 2.61 percent, P/E 33.44, market capitalization USD 368.5 billion
HP Inc. (NYSE, USD): plus 1.93 percent, P/E 11.61, market capitalization USD 27.8 billion
Hewlett Packard Enterprise Company (NYSE, USD): minus 3.50 percent, P/E 35.27, market capitalization USD 89.9 billion

Price and valuation define the setup

The current valuation combines a 33.44 price-to-earnings ratio with a share price still below the USD 595.51 yearly high. For investors, the central tension is clear: Dell's fiscal second-quarter revenue growth of 58.00 percent is substantial, but the Goldman Sachs target is only 2.74 percent above the latest NYSE quote.

At Lang & Schwarz, Dell Technologies stock was trading at EUR 494.95 on October 13, 2026 at 3:30 p.m. CEST, 2.61 percent below the Xetra close of October 12, 2026 at EUR 508.20. The further course of trading is shown by the continuously updated real-time quote of Dell Technologies stock.