Citigroup Forecasts Strong Price Appreciation for Hewlett Packard Enterprise (NYSE:HPE) Stock

Hewlett Packard Enterprise (NYSE:HPE) had its price target upped by equities research analysts at Citigroup from $26.00 to $27.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Citigroup’s price objective would suggest a potential upside of 24.42% from the stock’s current price.

Several other equities research analysts also recently issued reports on the stock. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Morgan Stanley raised their price objective on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Bank of America boosted their price target on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday. Finally, The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $25.88.

Hewlett Packard Enterprise Stock Up 2.8%

Shares of NYSE:HPE traded up $0.60 during midday trading on Wednesday, hitting $21.70. 10,507,761 shares of the company’s stock traded hands, compared to its average volume of 17,617,920. Hewlett Packard Enterprise has a twelve month low of $11.97 and a twelve month high of $26.44. The company has a market cap of $28.84 billion, a PE ratio of -114.11, a P/E/G ratio of 0.60 and a beta of 1.31. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. The firm’s fifty day moving average price is $22.05 and its two-hundred day moving average price is $23.08.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.97% and a negative net margin of 0.41%.The company had revenue of $9.30 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same period last year, the company posted $0.49 earnings per share. The firm’s revenue was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. On average, equities research analysts anticipate that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, EVP Maeve C. Culloty sold 35,958 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total transaction of $886,724.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeremy Cox sold 13,463 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.68, for a total value of $332,266.84. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 238,850 shares of company stock valued at $5,877,664. 0.44% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Corient Private Wealth LLC grew its stake in shares of Hewlett Packard Enterprise by 8.2% in the 4th quarter. Corient Private Wealth LLC now owns 424,363 shares of the technology company’s stock worth $10,197,000 after purchasing an additional 32,149 shares during the last quarter. Union Savings Bank acquired a new position in Hewlett Packard Enterprise in the fourth quarter worth approximately $30,000. Hsbc Holdings PLC lifted its position in shares of Hewlett Packard Enterprise by 5.6% during the 4th quarter. Hsbc Holdings PLC now owns 7,826,838 shares of the technology company’s stock valued at $187,983,000 after acquiring an additional 416,972 shares during the last quarter. SHP Wealth Management bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter worth $85,000. Finally, EJMK Ventures LLC acquired a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth $478,000. 80.78% of the stock is owned by institutional investors and hedge funds.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE beat Q1 non‑GAAP EPS estimates (reported $0.65 vs. $0.59 consensus) and raised FY‑2026 EPS and Q2 guidance—supporting upside to earnings expectations and signaling durable demand. HPE Reports Fiscal 2026 First-Quarter Results
• Positive Sentiment: Networking sales surged (near‑tripling year‑over‑year; data‑center networking especially strong) and management said AI server orders have meaningfully increased—this mix both lifts revenue and drives higher‑margin sales. HPE forecasts revenue above estimates
• Positive Sentiment: Analysts revised views after the print: Bank of America raised its price target to $32 (buy) and Morgan Stanley raised its target to $25—broker upgrades help underpin demand for the shares.
• Positive Sentiment: HPE announced a quarterly dividend (ex‑div March 24), supporting income investor interest and signaling board confidence in cash flow.
• Positive Sentiment: Short interest fell ~12% in February (to ~78.9M shares), reducing potential short‑squeeze pressure and lowering one source of downside volatility.
• Neutral Sentiment: Guidance is above consensus for revenue and EPS, but the quarter was mixed: networking strength offset softer Cloud & AI segment results—investors should watch execution in the latter for sustainability. HPE reports mixed first quarter results
• Neutral Sentiment: HPE says memory shortages persist and it has raised prices to manage costs—this supports margins near term but could constrain unit demand or invite customer pushback. HPE Raises Fiscal 2026 Earnings Outlook
• Negative Sentiment: HPE disclosed a critical AOS‑CX security flaw that can allow admin password resets—this creates near‑term remediation costs, reputational risk, and potential customer concern. HPE warns of critical AOS-CX flaw
• Negative Sentiment: Macro/geopolitical volatility (Middle East developments and oil swings) pushed several tech names lower in afternoon trade—HPE was among stocks that briefly fell in that market move, illustrating sensitivity to broader risk sentiment. Stocks Plummet After Geopolitical News

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.