Hewlett Packard Enterprise (NYSE:HPE) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Key Points

• Morgan Stanley raised HPE’s price target to $72 from $67 and maintained an “overweight” rating, implying approximately 11.7% upside. The broader analyst consensus is “Moderate Buy,” with an average target of $70.94.
• HPE recently reported quarterly EPS of $1.11, beating estimates of $0.93, while revenue reached $12.21 billion and increased 33.7% year over year.
• Investor sentiment is supported by HPE’s AI infrastructure and networking prospects, including a $1.2 billion Vultr order for AMD Helios AI Rack systems; however, the stock’s roughly 165% year-to-date gain raises valuation and execution concerns.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) had its target price lifted by equities research analysts at Morgan Stanley from $67.00 to $72.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an "overweight" rating on the technology company's stock. Morgan Stanley's target price would indicate a potential upside of 11.68% from the stock's current price.

Several other research analysts have also weighed in on HPE. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 30th. Bank of America raised their price target on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a "buy" rating in a research note on Monday, August 31st. Raymond James Financial boosted their price target on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an "outperform" rating in a research note on Thursday, September 3rd. Evercore downgraded Hewlett Packard Enterprise from an "outperform" rating to an "in-line" rating and set a $65.00 price objective on the stock. in a report on Monday, September 14th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a "buy" rating and a $62.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $70.94.

Hewlett Packard Enterprise Price Performance

HPE stock traded up $0.58 on Thursday, hitting $64.47. 7,089,740 shares of the company's stock traded hands, compared to its average volume of 21,271,396. The stock has a market cap of $85.58 billion, a price-to-earnings ratio of 33.65, a P/E/G ratio of 0.55 and a beta of 1.43. Hewlett Packard Enterprise has a 1-year low of $19.84 and a 1-year high of $67.10. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average of $55.04 and a 200-day moving average of $42.75.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm's quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 earnings per share. 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, analysts forecast that Hewlett Packard Enterprise will post 3.33 EPS for the current fiscal year.

Insider Activity at Hewlett Packard Enterprise

In other news, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $60.44, for a total value of $15,110,000.00. Following the transaction, the chief executive officer owned 1,432,393 shares of the company's stock, valued at $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of the business's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the sale, the director owned 65,072 shares of the company's stock, valued at $3,703,247.52. The trade was 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

Hedge funds have recently bought and sold shares of the company. Delos Wealth Advisors LLC bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $27,000. SJS Investment Consulting Inc. boosted its holdings in Hewlett Packard Enterprise by 159.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company's stock valued at $28,000 after purchasing an additional 716 shares during the period. Union Savings Bank acquired a new stake in Hewlett Packard Enterprise in the 4th quarter worth $30,000. First Bancorp Inc ME bought a new position in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $30,000. Finally, Reflection Asset Management acquired a new position in shares of Hewlett Packard Enterprise during the fourth quarter valued at about $31,000. 80.78% of the stock is currently 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 cloud provider Vultr for AMD Helios AI Rack systems, its first order for the platform. The systems will be deployed across Vultr’s U.S. data centers and include HPE networking technology, providing a significant validation of HPE’s AI infrastructure strategy. 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 networking revenue-growth outlook, citing demand for AI data-center networking across switching, routing, campus and branch systems, and security. The upgraded outlook reinforces expectations that the Juniper integration and AI spending can accelerate growth. HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
• Positive Sentiment: Several analysts raised their targets following the investor event: Barclays lifted its target to $83 and maintained an overweight rating, while Truist raised its target to $75 and reaffirmed its buy rating. These revisions indicate continued confidence in HPE’s AI and networking growth potential. HPE Networking Outlook Gets Boost as Barclays, Citi and Wells Fargo Raise Price Targets
• Neutral Sentiment: Analyst opinion is becoming more divided after HPE’s rapid 2026 advance. UBS raised its target to $66 but kept a neutral rating, and Wells Fargo raised its target to $63 while retaining equal weight, suggesting that much of the expected AI and networking improvement may already be reflected in the shares.
• Negative Sentiment: HPE’s stock has risen roughly 165% this year and recently reached a record high, increasing valuation and execution risks. Investors may be taking profits while waiting for the Vultr order to translate into revenue and for the networking growth targets and Juniper synergies to materialize.

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.

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