Hewlett Packard Enterprise (NYSE:HPE) Earns “Neutral” Rating from Piper Sandler

Hewlett Packard Enterprise (NYSE:HPE)‘s stock had its “neutral” rating reaffirmed by stock analysts at Piper Sandler in a research note issued on Thursday, Benzinga reports. They currently have a $57.00 price target on the technology company’s stock, down from their prior price target of $63.00. Piper Sandler’s price objective would suggest a potential upside of 13.47% from the company’s current price.

A number of other research firms have also recently issued reports on HPE. Barclays increased their price objective on shares of Hewlett Packard Enterprise from $67.00 to $79.00 and gave the stock an “overweight” rating in a research report on Thursday. UBS Group cut their price target on Hewlett Packard Enterprise from $65.00 to $59.00 and set a “neutral” rating on the stock in a report on Thursday. JPMorgan Chase & Co. boosted their price objective on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Citigroup boosted their price target on shares of Hewlett Packard Enterprise from $74.00 to $76.00 and gave the company a “buy” rating in a research note on Thursday. Finally, The Goldman Sachs Group lifted their price objective on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Twelve research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $68.69.

Hewlett Packard Enterprise Trading Down 3.1%

Shares of HPE stock traded down $1.59 during trading hours on Thursday, hitting $50.23. 33,100,236 shares of the company’s stock traded hands, compared to its average volume of 20,856,213. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise has a 12 month low of $19.84 and a 12 month high of $64.25. The stock has a market cap of $66.52 billion, a PE ratio of 46.77, a price-to-earnings-growth ratio of 0.54 and a beta of 1.43. The stock’s 50 day simple moving average is $49.63 and its 200 day simple moving average is $37.46.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the prior year, the firm posted $0.44 EPS. The company’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. On average, sell-side analysts anticipate that Hewlett Packard Enterprise will post 2.92 EPS for the current year.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Empowered Funds LLC lifted its position in Hewlett Packard Enterprise by 317.3% during the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock valued at $2,312,000 after purchasing an additional 113,906 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Hewlett Packard Enterprise by 44.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after purchasing an additional 1,377 shares during the last quarter. Brown Advisory Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 4.4% in the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after purchasing an additional 996 shares in the last quarter. Jump Financial LLC raised its holdings in shares of Hewlett Packard Enterprise by 25.8% during the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after buying an additional 3,215 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new stake in Hewlett Packard Enterprise in the 2nd quarter worth approximately $207,000. Institutional investors own 80.78% of the company’s stock.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: AI demand is driving strong growth. HPE reported record fiscal Q3 revenue of approximately $12.2 billion, up 34% year over year, while non-GAAP EPS of $1.11 rose 152% and exceeded consensus estimates near $0.95. Server and networking demand tied to enterprise and “agentic” AI contributed to record orders and backlog. HPE Q3 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: Management raised its outlook. HPE lifted fiscal 2026 EPS guidance to $3.75-$3.85, above the roughly $3.34 consensus, and forecast revenue of $46-$47 billion. It also projects at least $3.75 billion in fiscal 2026 free cash flow and expects fiscal 2027 revenue growth of 13%-17%. HPE raises FY27 outlook on agentic AI demand, reports record orders
• Positive Sentiment: Several analysts remain bullish. Citigroup raised its price target to $76, Truist to $70 and Barclays to $79; all maintain “buy” or “overweight” ratings. These targets imply substantial potential upside if AI-driven growth and profitability continue.
• Neutral Sentiment: HPE expanded its collaboration with Oracle to deploy HPE Juniper Networking in Oracle AI data centers, reinforcing its positioning in large-scale AI infrastructure. The company will also host a Networking Investor Day on September 30.
• Neutral Sentiment: HPE declared a quarterly dividend of $0.1425 per share, payable October 16 to shareholders of record September 17. The annualized yield is approximately 1.1%.
• Negative Sentiment: Supply constraints are overshadowing the results. Networking orders reportedly exceed available supply, raising concerns that shortages could delay revenue recognition and limit HPE’s ability to capitalize fully on AI demand. HPE Earnings Soar but Supply Constraints Aren’t Going Away
• Negative Sentiment: Investors questioned margin durability. As AI systems become a larger portion of the product mix, the market is evaluating whether recent margin expansion can persist amid component shortages and potentially intense competition. UBS cut its target to $59 with a “neutral” rating, while Wells Fargo reduced its target to $54 and assigned “equal weight.” Why is HPE stock falling despite stronger-than-expected results, raised guidance?

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.