Hewlett Packard Enterprise Company (NYSE:HPE) Stock Has Average Price Target of $65.44 According to Brokerages

Key Points

• Analysts maintain a “Moderate Buy” consensus on HPE, with 10 buy, 8 hold and 2 strong-buy ratings. The average 12-month price target is $65.44, though recent targets have been mixed.
• HPE reported quarterly EPS of $1.11, beating estimates of $0.93, while revenue rose 33.7% year over year to $12.21 billion. The company also declared a quarterly dividend of $0.1425, equivalent to a 1.0% annualized yield.
• Shares have faced pressure from concerns about AI infrastructure financing, customer adoption and server revenue quality; the stock reportedly fell about 20% from October 9 to October 15. Barclays downgraded HPE to Equal Weight and cut its price target to $77 from $83.

Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) has received a consensus rating of "Moderate Buy" from the twenty analysts that are covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $65.44.

A number of brokerages recently commented on HPE. Morgan Stanley upped their price objective on Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an "overweight" rating in a research note on Thursday, October 1st. Loop Capital lowered their price target on shares of Hewlett Packard Enterprise from $75.00 to $65.00 and set a "buy" rating for the company in a research report on Tuesday, September 8th. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, September 4th. Wall Street Zen raised shares of Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a report on Sunday, August 30th. Finally, Zacks Research upgraded shares of Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 4th.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE opened at $55.32 on Friday. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The firm's 50-day moving average price is $59.34 and its two-hundred day moving average price is $46.33. Hewlett Packard Enterprise has a 52-week low of $19.84 and a 52-week high of $73.56. The stock has a market capitalization of $73.44 billion, a P/E ratio of 28.81, a P/E/G ratio of 0.52 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. Hewlett Packard Enterprise's quarterly revenue was up 33.7% compared to the same quarter last year. During the same period in the previous year, the firm 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. As a group, sell-side analysts forecast that Hewlett Packard Enterprise will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were paid a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.0%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 29.69%.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: HPE announced a planned $75 million expansion in Chippewa Falls, Wisconsin, expected to create 75 jobs. The investment supports the company’s manufacturing and infrastructure operations, although its near-term effect on earnings is likely limited. HPE to spend $75M to expand, add 75 jobs in Chippewa Falls
• Positive Sentiment: Some investors remain constructive because HPE has reported record revenue, orders and backlog, while demand for traditional servers, AI systems and networking—and higher server prices—has supported recent results. HPE stock was also reported to be up substantially for the year before the latest retreat. What Was HPE Telling You Before Its Stock Ran?
• Neutral Sentiment: ETF selling added to short-term pressure, while some dip buyers are betting that HPE can convert its AI and server orders into revenue. However, the recent decline has raised questions about whether earlier dip-buying strategies will continue to work. ETFs Are Net Sellers of Hewlett Packard Enterprise
• Negative Sentiment: Barclays downgraded HPE to Equal Weight from Overweight and lowered its price target to $77 from $83. The firm questioned how quickly corporate customers will adopt AI hardware and suggested that memory-component inflation, rather than new AI deployments, may be driving server revenue growth. Why Hewlett Packard Enterprise Stock Is Trading Lower Today
• Negative Sentiment: Concerns over how customers will finance large AI infrastructure projects have spread across hardware stocks, including HPE, Dell and Super Micro. The resulting sector-wide selling, combined with scrutiny of HPE’s server revenue quality and adoption timeline, drove a roughly 20% decline between October 9 and October 15. AI Financing Worries Extend Hardware Selloff

Insider Activity

In other news, Director Gary M. Reiner sold 17,000 shares of the business's stock in a transaction that occurred 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 transaction, the director directly owned 65,072 shares in the company, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Rami Rahim sold 34,456 shares of the business's stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total value of $2,116,287.52. Following the transaction, the executive vice president owned 875,133 shares of the company's stock, valued at approximately $53,750,668.86. This represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 551,456 shares of company stock valued at $35,271,258. Insiders own 0.44% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HPE. USA Financial Formulas bought a new stake in shares of Hewlett Packard Enterprise during the third quarter valued at about $1,130,000. Kintegral Advisory LLC lifted its stake in shares of Hewlett Packard Enterprise by 0.6% in the 3rd quarter. Kintegral Advisory LLC now owns 108,208 shares of the technology company's stock worth $6,929,000 after acquiring an additional 611 shares during the period. Avail Investment Partners LLC increased its stake in shares of Hewlett Packard Enterprise by 2.7% during the third quarter. Avail Investment Partners LLC now owns 11,204 shares of the technology company's stock valued at $716,000 after acquiring an additional 299 shares during the period. Opal Wealth Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise during the third quarter valued at approximately $234,000. Finally, Rise Advisors LLC bought a new stake in Hewlett Packard Enterprise during the third quarter worth approximately $224,000. Institutional investors own 80.78% of the company's stock.

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, 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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