Morgan Stanley analyst Erik Woodring has maintained their bullish stance on DELL stock, giving a Buy rating on February 11.
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Erik Woodring has given his Buy rating due to a combination of factors influencing Dell Technologies’ current and future performance. Despite anticipating a conservative FY26 EPS guidance, the expectation comes against a backdrop where Dell has underperformed compared to its AI infrastructure peers, and the market has already priced in this cautious outlook. This positions Dell for potential upside if there are any improvements or stabilization in their AI product transition and traditional enterprise hardware spending.
Woodring notes that while the immediate setup is challenging, historical trends suggest that Dell often outperforms expectations. Furthermore, robust demand for AI servers and the uptick in traditional enterprise hardware spending provide a supportive environment for future growth. Although there are supply chain bottlenecks and expected margin pressures, Woodring remains optimistic about Dell’s long-term prospects, suggesting that buying on any weakness could be advantageous for investors anticipating a recovery in the second half of the fiscal year.
In another report released on February 11, Citi also maintained a Buy rating on the stock with a $156.00 price target.
Based on the recent corporate insider activity of 176 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DELL in relation to earlier this year.