Hewlett Packard Enterprise (NYSE:HPE) Stock Gets Price Target Increase from Wells Fargo & Company

Hewlett Packard Enterprise (NYSE:HPE) had its target price boosted by equities research analysts at Wells Fargo & Company from $54.00 to $63.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the technology company’s stock. Wells Fargo & Company‘s price target suggests a potential downside of 1.60% from the company’s previous close.

A number of other research analysts have also commented on the stock. Bank of America upped their price target on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Raymond James Financial upped their price target on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. The Goldman Sachs Group lifted their price target on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Truist Financial increased their target price on Hewlett Packard Enterprise from $69.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. Finally, Barclays boosted their target price on shares of Hewlett Packard Enterprise from $67.00 to $79.00 and gave the company an “overweight” rating in a research report on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus target price of $69.71.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $64.02 on Thursday. The firm’s fifty day moving average price is $55.04 and its two-hundred day moving average price is $42.75. Hewlett Packard Enterprise has a 1 year low of $19.84 and a 1 year high of $67.10. The firm has a market capitalization of $84.99 billion, a P/E ratio of 33.34, a price-to-earnings-growth ratio of 0.55 and a beta of 1.43. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. Hewlett Packard Enterprise’s revenue was up 33.7% on a year-over-year basis. During the same period last year, the business posted $0.44 EPS. 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. As a group, research analysts anticipate that Hewlett Packard Enterprise will post 3.33 EPS for the current year.

Insider Activity at Hewlett Packard Enterprise

In other news, Director Gary Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director owned 65,072 shares in the company, valued at $3,703,247.52. The trade was a 20.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Antonio F. Neri sold 250,000 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the transaction, the chief executive officer owned 1,432,393 shares in the company, valued at $86,573,832.92. The trade was a 14.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital World Investors bought a new position in Hewlett Packard Enterprise in the fourth quarter worth approximately $901,751,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $1,027,139,000. Primecap Management Co. CA bought a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $773,225,000. Legal & General Group Plc acquired a new position in shares of Hewlett Packard Enterprise during the second quarter worth approximately $512,721,000. Finally, Elliott Investment Management L.P. lifted its holdings in shares of Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after purchasing an additional 8,790,757 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Key Stories Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: HPE secured a $1.2 billion order from Vultr for its first AMD Helios AI Rack deployment. The systems, which combine AMD computing with HPE networking and software, are expected to be installed across Vultr’s U.S. data centers. The deal provides significant near-term order visibility and validates HPE’s role in supplying large-scale AI infrastructure. HPE Secures Its First AMD Helios Order in $1.2 Billion Deal With Vultr
• Positive Sentiment: At its Networking Investor Day, HPE raised its long-term revenue growth outlook for the networking business. Management cited strong demand across data-center networking, routing, campus and branch, and security products, with AI-related buildouts serving as a major growth catalyst. HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
• Positive Sentiment: CFO Marie Myers said AI demand continues to exceed available supply, supporting expectations for sustained infrastructure spending. Investors also pointed to potential merger synergies with Juniper and additional AI opportunities involving AMD and Oracle. These factors helped HPE shares break out and close at a record $63.89. HPE, IBD Stock Of The Day, Breaks Out On Hiked Guidance, AI Momentum

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.