Hewlett Packard Enterprise (NYSE:HPE) Stock Price Up 3.1% - Time to Buy?

Key Points

• HPE shares rose 3.1% to about $70.47, supported by Daiwa’s upgrade to “outperform” and broader optimism toward AI and infrastructure stocks.
• AI demand and the Juniper acquisition are key growth catalysts: AI systems orders reportedly increased more than 30% sequentially to $2.4 billion, while Juniper expands HPE’s networking and AI infrastructure offerings.
• Analyst sentiment is broadly positive, with a “Moderate Buy” consensus and an average price target of $72.06, though insider selling and sector-driven momentum remain considerations for investors.

Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) shares shot up 3.1% on Tuesday. The stock traded as high as $71.22 and last traded at $70.4690. Approximately 16,504,467 shares were traded during trading, a decline of 23% from the average session volume of 21,309,146 shares. The stock had previously closed at $68.36.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: Daiwa upgraded HPE to Outperform from Neutral, providing a direct analyst catalyst and signaling increased confidence in the company’s execution and growth outlook. Daiwa upgrades Hewlett Packard Enterprise
• Positive Sentiment: HPE’s Juniper acquisition is strengthening its networking and AI strategy. The combined portfolio could help HPE move beyond traditional compute, expand its role in AI infrastructure, and deepen its partnership with AMD by offering more complete networking and computing solutions. How HPE's Juniper Acquisition Strengthens AMD Partnership
• Positive Sentiment: HPE was selected as a worldwide supplier for the 2027 Ryder Cup, supplying self-driving networking, autonomous IT operations, and AI-powered monitoring. Although the contract is unlikely to materially affect near-term revenue, it showcases HPE’s technology and provides a high-profile customer reference. HPE Chosen for the 2027 Ryder Cup
• Positive Sentiment: AI demand remains a key momentum driver. HPE’s AI systems orders reportedly rose more than 30% sequentially to $2.4 billion, helping explain the stock’s strong September performance and investor focus on its AI infrastructure opportunity. How HPE Stock Gained 22.3% in September
• Neutral Sentiment: HPE’s recent rally reflects broader strength across hardware and infrastructure stocks, as well as optimism surrounding AI-related companies. The sector tailwind supports sentiment, but it also means some of HPE’s gains may be influenced by market momentum rather than company-specific developments. Why NVDA, HPE and CRWD rose to 52-week highs
• Neutral Sentiment: Coverage of HPE’s latest hardware and infrastructure results provides additional visibility into peer performance, but offers less of a new company-specific catalyst than the analyst upgrade, AI orders, and Juniper-related strategy. Hardware and Infrastructure Stocks Q2 Highlights

Analyst Upgrades and Downgrades

HPE has been the subject of several research analyst reports. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a "neutral" rating to an "outperform" rating and set a $75.00 price target for the company in a report on Friday. Bank of America raised their target price on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a "buy" rating in a report on Monday, August 31st. Evercore downgraded shares of Hewlett Packard Enterprise from an "outperform" rating to an "in-line" rating and set a $65.00 price target on the stock. in a research note on Monday, September 14th. Piper Sandler reiterated a "neutral" rating and issued a $57.00 price target (down from $63.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, September 3rd. Finally, Citigroup increased their price target on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a "buy" rating in a report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $72.06.

Hewlett Packard Enterprise Price Performance

The firm has a market capitalization of $93.55 billion, a P/E ratio of 36.70, a P/E/G ratio of 0.62 and a beta of 1.39. The stock's 50 day simple moving average is $56.21 and its 200 day simple moving average is $43.72. 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 (NYSE:HPE - Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the previous year, the business earned $0.44 earnings per share. Hewlett Packard Enterprise's quarterly revenue 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. As a group, analysts expect that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.8%. Hewlett Packard Enterprise's dividend payout ratio is presently 29.69%.

Insider Activity

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 250,000 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the transaction, the executive vice president owned 875,133 shares in the company, 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 301,456 shares of company stock worth $18,193,758. Company insiders own 0.44% of the company's stock.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Large investors have recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Hewlett Packard Enterprise in the second quarter valued at approximately $1,027,139,000. Capital World Investors purchased a new position in shares of Hewlett Packard Enterprise in the fourth quarter worth about $901,751,000. Primecap Management Co. CA acquired a new stake in shares of Hewlett Packard Enterprise during the second quarter worth about $773,225,000. Elliott Investment Management L.P. raised its position in Hewlett Packard Enterprise by 47.2% during 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 buying an additional 8,790,757 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Hewlett Packard Enterprise by 6.1% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company's stock valued at $590,435,000 after acquiring an additional 756,972 shares during the period. 80.78% of the stock is currently owned by institutional investors.

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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