why is dell stock down today

Should you buy Dell stock?

Lowest: 50.00 Median: 86.59 Highest: 133.00. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Why did Michael Dell Leave Dell?

Apr 03, 2022 · Dell Technologies' stock was trading at $36.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DELL stock has increased by 27.5% and is now trading at $47.10. View which stocks have been most impacted by COVID-19.

Why did Dell discontinue the Vostro brand?

Apr 07, 2022 · americanbankingnews.com - March 31 at 10:03 AM. Dell Technologies (NYSE:DELL) Given New $53.00 Price Target at Barclays. americanbankingnews.com - March 31 at 9:06 AM. Morgan Stanley Downgrades Dell Technologies to Equal-Weight, Lowers Price Target to $60. benzinga.com - March 31 at 7:38 AM.

Why did Salesforce stock drop so rapidly?

Dell Technologies Inc. Cl C. Dell Technologies, Inc. is a holding company, which engages in the provision of information technology hardware, software, and …

Why did Dell stock drop today?

Dell Technologies (DELL) - Get Dell Technologies Inc Class C Report shares moved lower Friday after analysts at Goldman Sachs lowered their rating and price target on the PC maker, citing weakness in key markets and broader inflation pressures.Apr 1, 2022

Is Dell stock a good buy?

We rate shares of DELL as a hold with a year ahead price target of $50.00 representing a forward P/E of 7.5x on the recurrent consensus fiscal 2023 EPS. Our neutral view on the stock balances the strong balance sheet and recent financials against the softer growth outlook.Mar 2, 2022

Why did Dell fall?

The main factor behind the beat was Dell's PC segment, which saw an incredible 35% growth rate, even when lapping a quarter of elevated consumer PC sales during the pandemic.Dec 7, 2021

Will Dell stock go up?

According to its forecast, as of 11 March 2022, the Dell stock price could reach $16.241 at the end of 2022, $0.000000946 in 2023 and to 0.000001 by the close of 2024 and until February 2025.Mar 11, 2022

What happened Dell?

Dell Technologies now has a stake in storage, servers, data protection and networking along with its hardware products like monitors, printers and, of course, PCs. Dell originally went public in 1988 under the name "Dell Computer Corp." at $8.50 a share and a market capitalization of $85 million.May 23, 2019

Is DELL stock undervalued?

Dell is undervalued as seen with its current P/E valuations which are below historical averages and that of its key peer.Mar 15, 2022

How many times has DELL stock split?

Dell's history of stock splits Three splits within a single 365-day period is especially impressive, and doing six splits in a three-and-a-half-year period is almost unmatched among major companies.Mar 12, 2018

How does DELL forecast?

To successfully forecast demand, Dell maintains a constant flow of data in two information loops: one between customers and the Dell sales team, and the other among sales, procurement, and suppliers. Key metrics Dell shares with suppliers include forecasted sales dollars, sales quantities and parts requirements.

Is Dell Technologies a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dell Technologies in the last twelve months. There are...

How has Dell Technologies' stock price been impacted by COVID-19 (Coronavirus)?

Dell Technologies' stock was trading at $36.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Healt...

Are investors shorting Dell Technologies?

Dell Technologies saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 5,820,000 share...

When is Dell Technologies' next earnings date?

Dell Technologies is scheduled to release its next quarterly earnings announcement on Thursday, May 26th 2022. View our earnings forecast for Dell...

How were Dell Technologies' earnings last quarter?

Dell Technologies Inc. (NYSE:DELL) released its quarterly earnings data on Thursday, February, 24th. The technology company reported $1.72 earnings...

How often does Dell Technologies pay dividends? What is the dividend yield for Dell Technologies?

Dell Technologies announced a quarterly dividend on Thursday, February 24th. Investors of record on Wednesday, April 20th will be paid a dividend o...

What guidance has Dell Technologies issued on next quarter's earnings?

Dell Technologies updated its first quarter 2023 earnings guidance on Friday, March, 18th. The company provided earnings per share (EPS) guidance o...

What price target have analysts set for DELL?

16 brokerages have issued 1-year target prices for Dell Technologies' stock. Their forecasts range from $54.00 to $130.00. On average, they expect...

Who are Dell Technologies' key executives?

Dell Technologies' management team includes the following people: Michael Saul Dell , Chairman & Chief Executive Officer ( LinkedIn Profile ) Je...

What are Dell's business segments?

Where is Dell headquartered?

It operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment provides traditional and next-generation storage solutions; and rack, blade, tower, and hyperscale servers. This segment also offers networking products and services that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences, and accelerate business applications and processes; attached software and peripherals; and support and deployment, configuration, and extended warranty services. The CSG segment provides desktops, workstations, and notebooks; displays and projectors; attached and third-party software and peripherals, as well as support and deployment, configuration, and extended warranty services. The VMware segment supports and addresses various IT priorities of customers, including accelerating their cloud journey, migrating and modernizing their applications, empowering digital workspaces, transforming networking, and embracing intrinsic security. It enables its customers to digitally transform their operations as they ready their applications, infrastructure, and employees for constantly evolving business needs. This segment also offers cloud-native platform that makes software development and IT operations a strategic advantage for customers. The company also provides information security; cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments; cloud-based integration services; and financial services. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

Does Dell have dividends?

and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas. Read More.

What is ISG in computer?

Dell Technologies does not have a long track record of dividend growth. In the past three months, Dell Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $330,298,879.00 in company stock.

What is Dell Technologies?

The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment consists of sales to commercial and consumer customers of desktops, thin client products, and notebooks.

Where is VMware located?

is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware.

What happened

The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.

So what

If you haven't been paying close attention to Dell Technologies ( DELL -1.66% ) stock lately, you may have woken up to a shock today. At a share price of $55.12 as of 10:45 a.m. EDT, Dell shares seem to have been cut in half overnight, after closing at $111.51 per share Monday evening.

NYSE: DELL

Instead, what happened is that yesterday after close of trading, Dell completed the spinoff of its 81% stake in VMware ( VMW 0.03% ), effectively dividing the company into two stand-alone companies and distributing a total of 310.9 million shares of VMware (and a boatload of cash) among Dell shareholders.

Now what

As Dell explained in a press release Friday, each Dell shareholder today still owns the shares of Dell they owned before the spinoff -- albeit at a drastically lower stock price. In addition, each shareholder has been issued 0.44 share of VMware common stock, per each one share of Dell they own, as a special dividend.

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Which brings us to today. After the spinoff, an owner of Dell stock worth a bit more than $111 last night instead owns shares of Dell worth just over $55 apiece -- and down about 2.4% from what those shares would have cost had they already been split off last night.