Dell Awards $132.4M Stock Options to COO Clarke

Dell Technologies ( (DELL) ) has provided an update.

On September 30, 2025, Dell Technologies‘ Board of Directors approved a performance-based stock option award for Jeffrey Clarke, the company’s COO and Vice Chairman, to purchase 2.5 million shares of Class C common stock. This award, valued at approximately $132.4 million, is designed to recognize Clarke’s leadership and incentivize his continued contribution to the company’s strategic objectives. The award is contingent on achieving specific performance criteria related to market capitalization and free cash flow by January 31, 2031, and requires Clarke’s continued employment through March 15, 2031, with provisions for accelerated vesting under certain conditions.

The most recent analyst rating on (DELL) stock is a Buy with a $160.00 price target. To see the full list of analyst forecasts on Dell Technologies stock, see the DELL Stock Forecast page.

Spark’s Take on DELL Stock

According to Spark, TipRanks’ AI Analyst, DELL is a Neutral.

Dell’s strong earnings call and fair valuation are significant positives, offsetting financial risks from high leverage and negative equity. Technical indicators suggest caution, but the company’s strategic focus on AI and ISG growth supports a positive outlook.

To see Spark’s full report on DELL stock, click here.

More about Dell Technologies

Dell Technologies operates in the technology industry, focusing on providing a wide range of products and services including personal computers, servers, data storage devices, network switches, software, and IT services. The company is known for its emphasis on innovation and customer-centric solutions, serving a global market with a strong presence in both consumer and enterprise segments.

Average Trading Volume: 5,797,979

Technical Sentiment Signal: Buy

Current Market Cap: $100.6B

For a thorough assessment of DELL stock, go to TipRanks’ Stock Analysis page.