Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Dell Technologies Inc before investing.

In this article, we go over a few key elements for understanding Dell Technologies Inc’s stock price such as:

• Dell Technologies Inc’s current stock price and volume
• Why Dell Technologies Inc’s stock price changed recently
• Upgrades and downgrades for DELL from analysts
• DELL’s stock price momentum as measured by its relative strength

About Dell Technologies Inc (DELL)

Before we jump into Dell Technologies Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Dell Technologies Inc. is engaged in designing, developing, manufacturing, marketing, selling, and supporting a wide range of comprehensive and integrated solutions, products, and services. The Company operates through two segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). Its ISG segment enables the Company’s customer’s digital transformation with solutions that address artificial intelligence (AI), machine learning, data analytics, and multi cloud environments. Its comprehensive storage portfolio includes modern and traditional storage solutions, including all-flash arrays, scale-out file, object platforms, hyper-converged infrastructure, and software-defined storage. Its CSG segment offers branded personal computers (PCs) including notebooks, desktops, and workstations and branded peripherals that include displays, docking stations, keyboards, mice, and webcam and audio devices, as well as third-party software and peripherals.

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Dell Technologies Inc’s Stock Price as of Market Close

As of September 06, 2024, 4:00 PM, CST, Dell Technologies Inc’s stock price was $102.00.

Dell Technologies Inc is down 4.82% from its previous closing price of $107.16.

During the last market session, Dell Technologies Inc’s stock traded between $105.13 and $108.30. Currently, there are 708.00 million shares of Dell Technologies Inc stock available for purchase.

Dell Technologies Inc’s price-earnings (P/E) ratio is currently at 19.7, which is low compared to the Computer Hardware industry median of 20.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Dell Technologies Inc Stock Price History

Dell Technologies Inc’s (DELL) price is currently down 11.72% so far this month.

During the month of September, Dell Technologies Inc’s stock price has reached a high of $116.69 and a low of $101.41.

Over the last year, Dell Technologies Inc has hit prices as high as $179.70 and as low as $63.90. Year to date, Dell Technologies Inc’s stock is up 153.61%.

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What Caused Dell Technologies Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 05, 2024, there were 16 analysts who downgraded Dell Technologies Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Dell Technologies Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Dell Technologies Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Dell Technologies Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Dell Technologies Inc (DELL) by visiting AAII Stock Evaluator.

Relative Price Strength of Dell Technologies Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 05, 2024, Dell Technologies Inc has a weighted four-quarter relative price strength of 2.59%, which translates to a Momentum Score of 72 and is considered to be Strong.

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Dell Technologies Inc Stock Price: Bottom Line

As of September 6, 2024, Dell Technologies Inc’s stock price is $102.00, which is down 4.82% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Dell Technologies Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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