Dell Technologies Stock Forecast: Analysts Predict Decline
Wall Street Analyst Consensus
According to a study by 14 Wall Street equities research analysts, the average 12-month stock price forecast for Dell Technologies (DELL) is not optimistic. Analysts predict a potential decline in the company's share price over the next year.
Long-Term Forecast
The average long-term stock price forecast for Dell Technologies by 14 analysts is $142.91. This represents a potential decline from the current price of around $150. The lowest price target offered by an analyst is $130, while the highest is $155.
Short-Term Targets
For the short term, 15 analysts have offered price targets for Dell Technologies. The average short-term price target is $139.93. This is slightly lower than the average long-term forecast, suggesting that analysts are expecting a further decline in the company's share price before a potential rebound.
Conclusion
Wall Street analysts are not optimistic about the short-term performance of Dell Technologies. They predict a potential decline in the company's stock price over the next year. However, it is important to note that these forecasts are based on current information and market conditions, and they are subject to change.
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