Piper Sandler has initiated coverage on Dell Technologies Inc (DELL) with an Overweight rating, reflecting the firm's initial assessment of the company's investment potential. This action, taken on October 21, 2025, comes as Dell continues to navigate a competitive technology landscape, leveraging its dual segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).
Dell Technologies, headquartered in Round Rock, Texas, employs 108,000 full-time staff and boasts a market capitalization of $98.4 billion. The company provides a diverse portfolio aimed at modernizing IT infrastructure and facilitating workforce transformation. Its ISG segment focuses on digital transformation solutions, including artificial intelligence, machine learning, and data analytics, while the CSG segment offers a range of personal computing products and peripherals.
As of November 1, 2025, analyst consensus indicates a Buy rating, with 8 Strong Buy, 18 Buy, and 6 Hold recommendations among 32 analysts. Recent earnings performance has shown variability, with the most recent Q2 2026 EPS reported at $2.32, slightly below the estimate of $2.35, marking a 1.2% surprise.
Analyst ratings and price targets provide valuable insights based on extensive research and financial modeling. However, these assessments are inherently tied to assumptions that may not always materialize as anticipated. Investors are encouraged to consider a comprehensive array of factors, including company fundamentals and market trends, when making decisions. Analyst opinions should serve as one of many inputs rather than the sole basis for investment choices.