Dell stock rebounds 2.98% despite broad U.S. equity weakness

  • Dell Technologies shares rebounded after Monday’s decline despite a weaker U.S. stock market.
  • $550.22 was Dell’s Tuesday price after shares gained 2.98% at publication.
  • Dell has a Buy consensus rating and an average analyst price forecast of $580.81.

Dell Technologies shares rose 2.98% to $550.22 on Tuesday, recovering from a nearly 6% decline in the previous session even as the Nasdaq, S&P 500 and technology sector fell. The rebound came after a sell-off tied to calls from Anthropic and OpenAI leaders to slow advanced AI development over safety concerns, raising questions about future demand for chips and data-center hardware. President Donald Trump pushed back, describing AI and data centers as important economic drivers and emphasizing competition with China. Dell remains in a strong longer-term uptrend, trading above its 20-day, 50-day and 200-day simple moving averages (average prices over set periods), while momentum indicators have improved. Analysts give the stock a Buy consensus and an average price forecast of $580.81, with recent targets ranging from $600 to $650. Dell’s Benzinga Edge profile shows very strong momentum but a relatively weak Value score, while several ETFs maintain notable exposure to the stock.

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