Barclays cuts target for Dell Technologies stock to USD 574
Published on 10/26/2026 at 16:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and dates
- On October 14, 2026, Barclays cut its Dell target from USD 603.00 to USD 574.00.
- Second-quarter revenue reached USD 46.97 billion for the period ended July 31, 2026.
- Dell Technologies stock costs EUR 423.35 at Lang & Schwarz on October 26, 2026 at 4:36 p.m. CET, 2.38 percent above the Xetra close of October 23, 2026.
- Dell reports fiscal third-quarter results on November 24, 2026.
- Dell trades at a P/E ratio of 27.51 and has a USD 301.4 billion market capitalization.
Barclays cut its Dell Technologies price target from USD 603.00 to USD 574.00 and downgraded the stock to Equalweight on October 14, 2026, according to MarketScreener. The target remains 21.10 percent above Dell's primary-exchange price of USD 474.00 on October 26, 2026. At Lang & Schwarz, the stock traded intraday at EUR 423.35 on October 26, 2026 at 4:36 p.m. CET, up 2.38 percent versus the Xetra close of October 23, 2026 at EUR 413.50.
Revenue gives the stock a second anchor
Dell reported revenue of USD 46.97 billion for the second quarter of fiscal year 2027, ended July 31, 2026. Operating profit reached USD 5.39 billion, while net income attributable to common shareholders stood at USD 4.13 billion, according to Dell Technologies.
Stock sits below its yearly high
The primary-exchange quote was USD 474.00 at 11:42 a.m. ET on October 26, 2026. Dell's USD 110.22 to USD 595.51 52-week range places the price 20.41 percent below the high, while trading volume stood at 2,009,779 shares. The euro quotation and the USD range are separate venue observations.
Valuation and the next report date
Dell had a trailing P/E ratio of 27.51 and a USD 301.4 billion market capitalization as of October 26, 2026. MarketScreener listed 29 analysts with an average target of USD 593.00, 25.11 percent above the primary-exchange price of USD 474.00. Dell's investor-relations calendar sets November 24, 2026 as the date for fiscal third-quarter results, with the webcast scheduled for 3:30 p.m. CST.
Comparison with peers
As of October 26, 2026, Dell Technologies Inc. (NYSE, USD): plus 2.38 percent versus the Xetra close, P/E 27.51, market capitalization USD 301.4 billion.
Hewlett Packard Enterprise (NYSE, USD): plus 4.34 percent, P/E 30.72, market capitalization USD 78.5 billion. NetApp (NASDAQ, USD): plus 3.51 percent, P/E 31.46, market capitalization USD 43.8 billion.
Analyst caution meets AI growth
Barclays' October 14 target cut contrasts with Dell's fiscal second-quarter revenue of USD 46.97 billion and its current valuation. The next earnings date on November 24, 2026 will provide the next scheduled test of that balance.
The stock was trading at EUR 423.35 at Lang & Schwarz on October 26, 2026 at 4:36 p.m. CET, 2.38 percent above the Xetra close of October 23, 2026 at EUR 413.50, and 20.14 percent below its 52-week high of USD 595.51. The further course of trading is shown by the continuously updated real-time quote of Dell Technologies stock.
Dell Technologies at a glance
- Company: Dell Technologies Inc.
- ISIN: US24703L2025
- Ticker: DELL
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 4:36 p.m. CET): EUR 423.35
- Change versus Xetra close: plus 2.38 percent
- Xetra close (October 23, 2026): EUR 413.50
- Market capitalization: USD 301.4 billion (as of October 26, 2026)
- 52-week range: USD 110.22-595.51 (as of October 26, 2026)
- Sector / Industry: Technology / Computer Hardware
- Next earnings date: November 24, 2026
Market context: Market report S&P 500.
