Hewlett Packard Enterprise Company (NYSE:HPE) Stock Has Consensus Target Price of $69.18 According to Brokerages

Hewlett Packard Enterprise Company (NYSE:HPE) has been assigned an average recommendation of “Moderate Buy” from the nineteen ratings firms that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $69.18.

Several research analysts have weighed in on the company. Wells Fargo & Company cut their price objective on Hewlett Packard Enterprise from $67.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 3rd. Barclays raised their target price on Hewlett Packard Enterprise from $67.00 to $79.00 and gave the company an “overweight” rating in a research report on Thursday, September 3rd. Bank of America boosted their price target on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Evercore lowered shares of Hewlett Packard Enterprise from an “outperform” rating to an “in-line” rating and set a $65.00 price target for the company. in a research report on Monday, September 14th. Finally, Sanford C. Bernstein raised their price objective on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a report on Tuesday, June 2nd.

More Hewlett Packard Enterprise News

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE reported approximately 34% year-over-year revenue growth in its latest quarter, with earnings and revenue exceeding analyst expectations. The results reinforce optimism that demand for servers, networking and AI infrastructure is translating into stronger financial performance. Hewlett Packard Enterprise stock reports 34% revenue growth
• Positive Sentiment: Analyst commentary and recent market coverage point to supportive fundamentals and technical momentum for HPE, including its positioning in integrated solutions, multi-cloud adoption and AI infrastructure. The broader technology-sector breakout could provide additional support if momentum continues. 3 Tech Stocks Positioned for More Upside if the Sector’s Breakout Holds
• Positive Sentiment: HPE is being presented as an attractive value and momentum candidate, with its valuation and expected growth drawing interest from investors seeking exposure to computer systems and AI-related infrastructure. Why Hewlett Packard Enterprise is a Strong Value Stock
• Positive Sentiment: The company is expanding its technology narrative by bringing quantum computing capabilities to on-premises high-performance computing and showcasing AI-enabled Aruba networking deployments. HPE Brings Quantum Computing Into On-Premises HPC
• Negative Sentiment: HPE faces a competitive concern from Dell Technologies, which reportedly has stronger AI-order visibility, a roughly $95 billion backlog and a higher server-revenue outlook. That comparison suggests Dell may currently offer more predictable AI infrastructure demand. HPE vs. Dell: Which AI Infrastructure Stock is a Safer Bet?

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio Neri sold 250,000 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director directly owned 65,072 shares of the company’s stock, valued at $3,703,247.52. This represents a 20.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.44% of the company’s stock.

Institutional Investors Weigh In On Hewlett Packard Enterprise

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CIBC Asset Management Inc raised its stake in Hewlett Packard Enterprise by 60.2% during the fourth quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock valued at $8,111,000 after purchasing an additional 126,938 shares in the last quarter. Irenic Capital Management LP purchased a new position in shares of Hewlett Packard Enterprise in the 1st quarter worth $18,691,000. Assenagon Asset Management S.A. increased its holdings in shares of Hewlett Packard Enterprise by 387.9% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,240,000 shares of the technology company’s stock worth $55,936,000 after buying an additional 985,829 shares during the last quarter. State of Wyoming purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $1,271,000. Finally, Sapient Capital LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $987,000. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock opened at $63.49 on Tuesday. The firm has a 50-day moving average of $53.73 and a 200-day moving average of $41.59. The company has a market cap of $84.28 billion, a P/E ratio of 33.07, a P/E/G ratio of 0.54 and a beta of 1.43. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. Hewlett Packard Enterprise has a one year low of $19.84 and a one year high of $65.48.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business had revenue of $12.21 billion for the quarter, compared to analysts’ expectations of $11.97 billion. During the same period in the previous year, the company earned $0.44 earnings per share. The firm’s revenue for the quarter was up 33.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. Equities research analysts forecast that Hewlett Packard Enterprise will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is currently 29.69%.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.

HPE’s portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.