JPMorgan has revised its price target for Dell Technologies (DELL, Financial), lowering it from $150 to $108, while maintaining an Overweight rating. This adjustment reflects updated expectations concerning the impact of ongoing macroeconomic uncertainties, particularly those associated with tariffs.
The firm has incorporated predictions of a broader economic slowdown into its estimates, anticipating a decrease in demand across various customer segments, including consumers, enterprises, and telecom operators. These changes are driven by the projection of softer demand as macroeconomic conditions become more challenging.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Dell Technologies Inc (DELL, Financial) is $132.37 with a high estimate of $185.00 and a low estimate of $89.00. The average target implies an upside of 58.80% from the current price of $83.36. More detailed estimate data can be found on the Dell Technologies Inc (DELL) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Dell Technologies Inc's (DELL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dell Technologies Inc (DELL, Financial) in one year is $76.33, suggesting a downside of 8.43% from the current price of $83.36. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dell Technologies Inc (DELL) Summary page.
