
Dell Technologies (DELL) Stock Forecast & Price Target
Dell Technologies (DELL) Analyst Ratings
Bulls say
Dell Technologies has experienced a significant surge in its stock price, appreciating approximately 3.5 times since November 2022, largely attributed to its perceived role as a beneficiary of the expanding AI infrastructure market. The company commands a strong position in key IT segments such as servers and storage, contributing to annual revenues exceeding $100 billion, and justifies a premium valuation based on its faster-than-historical growth rates influenced by AI-related demand and technology refresh cycles. Although the bear case suggests modest growth in product and services revenue, the bull case estimates a more optimistic trajectory with a compound annual growth rate (CAGR) of 12% for total revenue, indicating a robust potential for the company's financial performance moving forward.
Bears say
Dell Technologies faces a negative outlook primarily due to a significant decline in market share within its all-flash storage offerings, which have dropped nearly 10% since 2018, coupled with challenges in hyper-converged infrastructure driven by VMware issues. Furthermore, the ongoing migration of workloads to the public cloud represents a long-term secular headwind for Dell's server and storage products, exacerbating competitive pressures within the enterprise hardware market. Additionally, a decrease in the attachment rate of storage to servers further underscores the shifting dynamics, with a noted decline from $0.98 five years ago to $0.61 recently, indicating weakening demand for Dell's offerings in this area.
This aggregate rating is based on analysts' research of Dell Technologies and is not a guaranteed prediction by Public.com or investment advice.
Dell Technologies (DELL) Analyst Forecast & Price Prediction
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