$Dell Technologies Inc.(DELL)$ Dell Technologies price target raised to $650 from $575 at Evercore ISI.
Evercore ISI lifted its price target on Dell Technologies to $650 from $575 and kept an Outperform rating on the shares. The firm still sees room for further appreciation, with the next phase driven by enterprise AI adoption, higher margin attach, and continued operating expense leverage. The analyst also pointed to an upside EPS scenario where FY27 EPS approaches $30, compared with current Street estimates around $25.88 and the firm's base estimate of $25.54. At $40-plus of EPS and a 25-times forward P/E multiple, the firm sees a path toward $1,000 per share.
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