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Dell Technologies Inc.’s Stock Price Drops to $116.79, Experiencing a 5.67% Decrease: Is it Time to Buy or Sell?

By December 11, 2024 No Comments

Dell Technologies Inc. (DELL)

116.79 USD -7.02 (-5.67%) Volume: 12.51M

Dell Technologies Inc.’s stock price currently stands at 116.79 USD, experiencing a drop of 5.67% this trading session, with a trading volume of 12.51M. Despite the session’s decline, the tech giant maintains a robust YTD increase of 52.67%, highlighting its strong market performance.


Latest developments on Dell Technologies Inc.

Today, Dell Technologies stock price movements were influenced by a series of key events. CoreWeave extended its relationship with Dell to deliver AI at scale, while Silver Lake Group sold significant amounts of Dell Technologies stock, totaling $215.2 million. Deutsche Bank identified a buying opportunity after Dell’s slip in stock price following Q3 results. Additionally, Dell unveiled a breakthrough AI infrastructure partnership with CoreWeave, introducing NVIDIA GB200 servers. Amidst these developments, Ashford Capital Management Inc. increased its stake in Dell Technologies, highlighting the company’s growth potential in the AI and technology sector.


Dell Technologies Inc. on Smartkarma

Analysts at Baptista Research have published a bullish insight on Dell Technologies, highlighting the company’s solid performance in the fiscal year 2025 third quarter. With a revenue increase of 10% year-over-year driven by strong growth in its Infrastructure Solutions Group, Dell Technologies demonstrated both strengths and challenges across its segments. The company’s diluted earnings per share saw a 14% rise, reflecting positive momentum in its financials.

On the other hand, Tech Supply Chain Tracker analysts have provided mixed sentiments on Dell Technologies. While one report mentioned strong notebook shipments and advancements in technology, another report highlighted concerns about leadership changes and supply chain revamp in preparation for potential market shifts. These contrasting views from different analysts showcase the varying perspectives on Dell Technologies’ outlook and performance in the market.


A look at Dell Technologies Inc. Smart Scores

FactorScoreMagnitude
Value0
Dividend4
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Dell Technologies has received high marks for its resilience and momentum, indicating a positive long-term outlook for the company. With a score of 5 in both categories, Dell Technologies is showing strength in its ability to weather challenges and maintain growth momentum. This bodes well for the company’s future performance and stability in the market.

While Dell Technologies may not score as high in terms of value and growth, its strong dividend score of 4 suggests that investors can expect a steady income stream from the company. With a diverse range of computer products and a global customer base, Dell Technologies is well-positioned to continue meeting the needs of consumers and businesses alike in the ever-evolving technology industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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