Hewlett Packard Enterprise Company (NYSE:HPE) Stock Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Analysts rate HPE “Moderate Buy”: Of 20 analysts, 10 recommend buying, two strongly recommend buying and eight rate it a hold. Their average 12-month price target is $65.44.
• Recent results beat expectations: HPE reported quarterly EPS of $1.11 versus estimates of $0.93, while revenue rose 33.7% year over year to $12.21 billion.
• AI-related sentiment remains a factor: HPE was among AI-server stocks pressured by NVIDIA’s decline, though a new GreenLake private-cloud customer win may support its cloud-services growth.

Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twenty research firms that are currently covering the firm, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $65.44.

A number of research analysts recently issued reports on HPE shares. Barclays lowered shares of Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $83.00 to $77.00 in a report on Wednesday, October 14th. Loop Capital reduced their target price on shares of Hewlett Packard Enterprise from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Tuesday, September 8th. 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 report on Thursday, September 3rd. Evercore raised their price target on shares of Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an "outperform" rating in a research note on Thursday, October 1st. Finally, The Goldman Sachs Group lifted their price target on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a "buy" rating in a report on Tuesday, October 6th.

Key Stories Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: The Royal Australasian College of Surgeons moved its remaining on-premises workloads to HPE Private Cloud, managed through GreenLake. The organization targets AU$2.1 million in savings, providing a customer win that may support HPE’s cloud-services growth. Royal Australasian College of Surgeons Selects Hewlett Packard Enterprise for Private Cloud Transformation
• Positive Sentiment: Recent Zacks commentary describes HPE as attractively valued, citing potential from AI infrastructure, networking growth and GreenLake adoption. Another Zacks article also includes HPE among undervalued stocks with earnings-growth prospects, which could appeal to investors looking for opportunities in a market rally. Should You Buy, Sell or Hold HPE Stock at a P/E Multiple of 10.08X?
• Neutral Sentiment: A recent market analysis noted that HPE and Dell had surrendered a substantial portion of their AI-driven gains, leaving investors focused on whether upcoming earnings can support a recovery. Dell and HPE Were AI Winners Until the Selloff. Can Earnings Put Them Back on Track?
• Negative Sentiment: Shares of AI-server companies came under pressure as NVIDIA’s decline weighed on the hardware sector. The report cited HPE among the stocks pulled lower, highlighting its exposure to sentiment around AI infrastructure spending. NVIDIA's Slide Drags AI Server Stocks

Insider Activity

In related news, CEO Antonio F. Neri sold 250,000 shares of the company's stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $68.31, for a total value of $17,077,500.00. Following the sale, the chief executive officer directly owned 1,182,393 shares in the company, valued at $80,769,265.83. This represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the sale, the director directly owned 65,072 shares of the company's stock, valued at $3,703,247.52. This represents a 20.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 585,899 shares of company stock valued at $37,270,329. Company insiders own 0.44% of the company's stock.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently bought and sold shares of HPE. Private Advisor Group LLC lifted its stake in Hewlett Packard Enterprise by 85.5% in the third quarter. Private Advisor Group LLC now owns 115,812 shares of the technology company's stock valued at $7,399,000 after buying an additional 53,387 shares during the period. Ieq Capital LLC grew its position in shares of Hewlett Packard Enterprise by 26.5% during the 3rd quarter. Ieq Capital LLC now owns 630,459 shares of the technology company's stock worth $40,280,000 after buying an additional 131,926 shares during the period. Focus Advisor Solutions LLC grew its position in shares of Hewlett Packard Enterprise by 164.5% during the 3rd quarter. Focus Advisor Solutions LLC now owns 100,804 shares of the technology company's stock worth $6,440,000 after buying an additional 62,692 shares during the period. OneAscent Family Office LLC bought a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at $295,000. Finally, Meeder Asset Management Inc. increased its stake in shares of Hewlett Packard Enterprise by 2.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 46,217 shares of the technology company's stock valued at $2,953,000 after acquiring an additional 1,118 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company's stock.

Hewlett Packard Enterprise Stock Up 0.8%

Shares of NYSE:HPE opened at $47.90 on Wednesday. The company has a fifty day moving average of $59.01 and a 200-day moving average of $41.65. The company has a market capitalization of $63.59 billion, a PE ratio of 24.95, a price-to-earnings-growth ratio of 0.31 and a beta of 1.46. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. Hewlett Packard Enterprise has a 52-week low of $19.84 and a 52-week high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The company had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter last year, the business posted $0.44 EPS. Hewlett Packard Enterprise's revenue for the quarter was up 33.7% on a year-over-year basis. 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, equities analysts predict that Hewlett Packard Enterprise will post 3.35 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were issued a dividend of $0.1425 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.2%. Hewlett Packard Enterprise's payout ratio is presently 29.69%.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing. HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.

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