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 year. There are currently 2 sell ratings, 5 hold ratings and 5 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 analysts have issued 12-month price targets for Hewlett Packard Enterprise's shares. Their HPE share price forecasts range from $13.00 to $20.00. On average, they expect the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
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Hewlett Packard Enterprise's stock was trading at $15.96 at the beginning of the year. Since then, HPE shares have increased by 0.3% and is now trading at $16.00.
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Hewlett Packard Enterprise saw a increase in short interest in January. As of January 15th, there was short interest totaling 26,510,000 shares, an increase of 6.0% from the December 31st total of 25,000,000 shares. Based on an average trading volume of 14,040,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.1% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
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Hewlett Packard Enterprise (NYSE:HPE) released its quarterly earnings results on Tuesday, November, 29th. The technology company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by $0.62. The technology company had revenue of $7.87 billion for the quarter, compared to analysts' expectations of $7.42 billion. Hewlett Packard Enterprise had a trailing twelve-month return on equity of 4.26% and a net margin of 3.05%.

Hewlett Packard Enterprise announced a quarterly dividend on Tuesday, November 29th. Stockholders of record on Wednesday, December 14th will be paid a dividend of $0.12 per share on Friday, January 13th. This represents a $0.48 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend is Tuesday, December 13th.
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Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.98%. The dividend payout ratio is 72.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 29.63% 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 issued an update on its first quarter 2023 earnings guidance on Thursday, December, 29th. The company provided EPS guidance of $0.50-$0.58 for the period, compared to the consensus earnings per share estimate of $0.49. The company issued revenue guidance of $7.20 billion-$7.60 billion, compared to the consensus revenue estimate of $7.00 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."

Hewlett Packard Enterprise's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (2.29%), Robeco Institutional Asset Management B.V. (0.46%), Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.34%), Nordea Investment Management AB (0.33%) and Russell Investments Group Ltd. (0.31%). Insiders that own company stock include Alan Richard May, Antonio F Neri, Gary M Reiner, Irv Rothman, Jeff T Ricci, Jeremy Cox, John F Schultz, Justin Hotard, Keerti Melkote, Keith Anderson, Kirt P Karros, Neil B Macdonald, Phil Mottram, Tarek Robbiati, Thomas E Black Jr and Thomas E Black, Jr.
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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 $16.00.

Hewlett Packard Enterprise (NYSE:HPE) has a market capitalization of $20.51 billion and generates $28.50 billion in revenue each year. The technology company earns $868 million in net income (profit) each year or $0.66 on an earnings per share basis.

The company employs 60,200 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.