Hewlett Packard Enterprise (NYSE:HPE) Stock Rating Upgraded by Truist Financial

Key Points

• Truist upgraded Hewlett Packard Enterprise to a "strong-buy", while the sell‑side consensus remains a Moderate Buy with an average price target of $26.76 and several firms (Argus, BofA) raising targets.
• HPE posted quarterly EPS of $0.65 (beating estimates by $0.06) with revenue of $9.30B (about in line) and revenue up 18.4% year‑over‑year, and it set FY2026 guidance of $2.30–$2.50 EPS.
• There has been notable insider selling

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) was upgraded by investment analysts at Truist Financial to a "strong-buy" rating in a research report issued on Monday,Zacks.com reports.

HPE has been the subject of a number of other reports. Argus upped their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a "buy" rating in a research note on Wednesday, December 10th. Bank of America boosted their target price on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, March 10th. Weiss Ratings reissued a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. Zacks Research raised shares of Hewlett Packard Enterprise from a "strong sell" rating to a "hold" rating in a research report on Monday, December 8th. Finally, Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a "hold" rating to a "buy" rating in a research note on Saturday, March 14th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $26.76.

Hewlett Packard Enterprise Price Performance

NYSE HPE opened at $23.79 on Monday. The company has a market cap of $31.57 billion, a PE ratio of -125.21, a P/E/G ratio of 0.58 and a beta of 1.31. The firm's 50 day moving average price is $22.10 and its 200-day moving average price is $23.01. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. Hewlett Packard Enterprise has a 52-week low of $11.97 and a 52-week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.Hewlett Packard Enterprise's revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Sell-side analysts forecast that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Insider Transactions at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 34,001 shares of the firm's stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares in the company, valued at $426,385.08. This trade represents a 66.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Neil B. Macdonald sold 112,652 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total value of $2,826,438.68. Following the sale, the executive vice president directly owned 56,494 shares of the company's stock, valued at approximately $1,417,434.46. This represents a 66.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 411,085 shares of company stock worth $10,337,582. Company insiders own 0.44% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of HPE. TFC Financial Management Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 2,694.4% during the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company's stock worth $25,000 after purchasing an additional 970 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company's stock worth $26,000 after buying an additional 666 shares during the period. Headlands Technologies LLC purchased a new position in Hewlett Packard Enterprise during the 2nd quarter worth approximately $26,000. Chilton Capital Management LLC purchased a new position in Hewlett Packard Enterprise during the 3rd quarter worth approximately $30,000. Finally, Union Savings Bank acquired a new stake in Hewlett Packard Enterprise during the 4th quarter valued at approximately $30,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: HPE launched a batch of security and AI-infrastructure offerings (AI governance tools, confidential computing, post‑quantum features and edge carrier-grade security) aimed at accelerating enterprise AI adoption — a clear product-led growth catalyst if customers scale deployments. HPE Announces Significant Security Updates
• Positive Sentiment: HPE’s broader security/AI push and new Juniper SRX400 firewall integrations reinforce cross-sell into existing data-center and networking customers, supporting revenue mix improvement and margin leverage over time. HPE Security And AI Push Raises Questions On Value And Growth Potential
• Positive Sentiment: Truist initiated coverage with a Buy and $31 price target — an analyst signal that can attract momentum buyers and supports upside expectations. Truist Initiates Coverage (Benzinga)
• Positive Sentiment: Institutional buying: Ariel Global Fund (Ariel Investments) disclosed a new position in HPE in Q4, indicating fresh institutional interest. Institutional demand can underpin share-price strength if it continues. Ariel Global Fund Initiates Position in HPE
• Neutral Sentiment: Consensus and broker coverage remain constructive but mixed — HPE carries an average “Moderate Buy” from brokerages, which supports the stock but signals varied conviction across sell‑side analysts. Brokerages Rate HPE Moderate Buy
• Neutral Sentiment: Sector dynamics: investor flight from Super Micro (SMCI) after regulatory/indictment headlines is reshuffling AI-infrastructure flows — HPE could benefit indirectly as funds rotate into more stable data-center names, but the impact is partial and not guaranteed. ‘Uninvestable’ Super Micro Sends Investors Racing to the Exits
• Negative Sentiment: Some coverage flags that HPE’s new security/AI offerings raise questions about near‑term value capture and growth sustainability — execution, customer uptake and measurable revenue/EBITDA impact will be watched closely; any disappointment could weigh on the stock. Questions on HPE’s Value and Growth Potential

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.

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