Hewlett Packard Enterprise - HPE Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last twelve months. There are currently 3 sell ratings, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HPE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPE, but not buy additional shares or sell existing shares.
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12 Wall Street analysts have issued 1 year price objectives for Hewlett Packard Enterprise's stock. Their HPE share price forecasts range from $13.50 to $20.00. On average, they predict the company's share price to reach $16.59 in the next twelve months. This suggests a possible upside of 33.2% from the stock's current price.
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Hewlett Packard Enterprise's stock was trading at $15.77 at the beginning of the year. Since then, HPE stock has decreased by 21.0% and is now trading at $12.46.
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Hewlett Packard Enterprise saw a increase in short interest in September. As of September 15th, there was short interest totaling 30,200,000 shares, an increase of 27.0% from the August 31st total of 23,780,000 shares. Based on an average daily volume of 10,680,000 shares, the short-interest ratio is currently 2.8 days. Approximately 2.4% of the company's stock are short sold.
View Hewlett Packard Enterprise's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 29th 2022.
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Hewlett Packard Enterprise (NYSE:HPE) issued its quarterly earnings data on Tuesday, August, 30th. The technology company reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.00. The technology company earned $6.95 billion during the quarter, compared to analysts' expectations of $6.97 billion. Hewlett Packard Enterprise had a net margin of 13.31% and a trailing twelve-month return on equity of 18.25%. The company's quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the firm earned $0.29 earnings per share.
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Hewlett Packard Enterprise declared a quarterly dividend on Wednesday, August 31st. Investors of record on Monday, September 12th will be paid a dividend of $0.12 per share on Friday, October 7th. This represents a $0.48 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend is Friday, September 9th.
Read our dividend analysis for HPE.

Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.01%. HPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 17.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 32.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HPE.

Hewlett Packard Enterprise updated its FY 2022 earnings guidance on Tuesday, September, 27th. The company provided earnings per share guidance of $1.96-$2.04 for the period, compared to the consensus estimate of $2.03. The company issued revenue guidance of $28.62 billion-$28.89 billion, compared to the consensus revenue estimate of $28.23 billion.

1,708 employees have rated Hewlett Packard Enterprise Chief Executive Officer Antonio Neri on Glassdoor.com. Antonio Neri has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hewlett Packard Enterprise investors own include HP (HPQ), AT&T (T), Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Bank of America (BAC), General Electric (GE), Pfizer (PFE) and Micron Technology (MU).

Hewlett Packard Enterprise trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPE."

Shares of HPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HPE stock can currently be purchased for approximately $12.46.

Hewlett Packard Enterprise (NYSE:HPE) has a market capitalization of $16.03 billion and generates $27.78 billion in revenue each year. The technology company earns $3.43 billion in net income (profit) each year or $2.80 on an earnings per share basis.

The company employs 60,400 workers across the globe.

Hewlett Packard Enterprise's mailing address is 6280 America Center Drive, San Jose CA, 95002. The official website for the company is www.hpe.com. The technology company can be reached via phone at (650) 687-5817 or via email at investor.relations@hpe.com.