JP Morgan Raises Dell Technologies Price Target to $145

JP Morgan raised the price target for Dell Technologies (DELL) from $125 to $145, a 16% increase, maintaining its "Overweight" rating. The average target price is $136.78 with a high estimate of $156 and a low estimate of $104, indicating a 10.60% upside. The average brokerage recommendation is 1.9, indicating "Outperform" status.

JP Morgan Chase & Co. has raised its price target for Dell Technologies (DELL) from $125 to $145, a 16% increase, while maintaining its "Overweight" rating. The new target reflects strong expectations for the company's growth prospects, particularly in cloud spending. The average target price is $136.78, with a high estimate of $156 and a low estimate of $104, indicating a potential 10.60% upside from the current price. The average brokerage recommendation is 1.9, indicating "Outperform" status. This positive update comes amidst a consensus rating of "Moderate Buy" from 21 analysts and a consensus target price of $140.06 [1].

Dell Technologies reported earnings of $1.55 EPS for the quarter, missing the consensus estimate of $1.68 but posting a 5.1% year-over-year revenue increase to $23.38 billion. The company also declared a quarterly dividend of $0.525 per share, with a yield of 1.60% [2].

JP Morgan's positive outlook on Dell Technologies is supported by a growing trend of institutional investors increasing their holdings in the company. For instance, Vanguard Capital Wealth Advisors raised its holdings by 5.9% in the 4th quarter, while Cary Street Partners Financial LLC and OneAscent Financial Services LLC increased their positions by 2.7% and 3.4% respectively [3].

The company's strong fundamentals, coupled with positive analyst sentiment, suggest that Dell Technologies is well-positioned to continue its growth trajectory. However, investors should closely monitor the company's financial performance and market conditions to make informed investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/dell-technologies-nysedell-given-new-14500-price-target-at-jpmorgan-chase-co-2025-07-17/
[2] https://www.gurufocus.com/news/2985721/dell-technologies-dell-price-target-raised-by-jp-morgan-dell-stock-news
[3] https://www.ainvest.com/news/jp-morgan-reiterates-overweight-dell-technologies-pt-raised-145-2507/