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Hewlett Packard Enterprise (HPE) Stock Forecast & Price Target

$20.48
-0.19 (-0.92%)
(As of 07/19/2024 ET)

Hewlett Packard Enterprise - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 12 Wall Street analysts who have issued ratings for Hewlett Packard Enterprise in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 8 have given a hold rating, and 4 have given a buy rating for HPE.

Consensus Price Target

$21.08
2.95% Upside
High Forecast$26.00
Average Forecast$21.08
Low Forecast$17.00

According to the 12 analysts' twelve-month price targets for Hewlett Packard Enterprise, the average price target is $21.08. The highest price target for HPE is $26.00, while the lowest price target for HPE is $17.00. The average price target represents a forecasted upside of 2.95% from the current price of $20.48.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
8 Hold rating(s)
9 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$21.08$20.85$17.91$16.73
Forecasted Upside2.95% Upside10.18% Upside10.80% Upside7.65% Upside
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HPE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HPE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Hewlett Packard Enterprise Stock vs. The Competition

TypeHewlett Packard EnterpriseComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.33
2.61
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside2.95% Upside117.45% Upside10.04% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/21/2024Bank of America
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$22.00 ➝ $24.00+15.55%
6/20/2024Morgan Stanley
3 of 5 stars
 Reiterated RatingEqual Weight ➝ Equal Weight$21.00 ➝ $21.00-2.82%
6/7/2024Argus
2 of 5 stars
J. Kelleher
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UpgradeHold ➝ Buy$26.00+32.72%
6/5/2024Sanford C. Bernstein
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 Boost TargetMarket Perform ➝ Market Perform$17.00 ➝ $19.00-4.38%
6/5/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$16.00 ➝ $17.00-14.44%
6/5/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$14.00 ➝ $20.00+1.52%
6/5/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$18.00 ➝ $22.00+9.02%
6/5/2024Susquehanna
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 Boost TargetNeutral ➝ Neutral$14.00 ➝ $20.00-0.89%
6/5/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$18.00 ➝ $22.00+25.04%
6/5/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$19.00 ➝ $22.00+25.04%
10/20/2023Raymond James
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 Boost TargetOutperform ➝ Outperform$19.00 ➝ $20.00+30.98%
8/30/2023Credit Suisse Group
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 Lower TargetOutperform ➝ Outperform$21.00 ➝ $20.00+17.16%
6/29/2023Citigroup
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 Initiated CoverageNeutral$18.00+8.11%
5/31/2023Deutsche Bank Aktiengesellschaft
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 Lower Target$16.00 ➝ $15.00-3.35%
3/20/2023The Goldman Sachs Group
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 Initiated CoverageNeutral$15.00+6.38%
12/20/2022JPMorgan Chase & Co.
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 Boost TargetOverweight$18.00 ➝ $20.00+29.20%
12/5/2022Loop Capital
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 Boost Target$14.00 ➝ $17.00+1.86%
11/30/2022Susquehanna Bancshares
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 Boost TargetNeutral$15.00 ➝ $16.00+3.49%
10/18/2022KGI Securities
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 DowngradeOutperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:40 AM ET.

HPE Forecast - Frequently Asked Questions

What is Hewlett Packard Enterprise's forecast for 2024?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Hewlett Packard Enterprise is $21.08, with a high forecast of $26.00 and a low forecast of $17.00.

Should I buy or sell Hewlett Packard Enterprise stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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.

Does Hewlett Packard Enterprise's stock price have much upside?

According to analysts, Hewlett Packard Enterprise's stock has a predicted upside of 10.34% based on their 12-month stock forecasts.

Has Hewlett Packard Enterprise been upgraded by Wall Street analysts recently?

Over the previous 90 days, Hewlett Packard Enterprise's stock had 1 upgrade by analysts.

What analysts cover Hewlett Packard Enterprise?

Hewlett Packard Enterprise has been rated by research analysts at Argus, Bank of America, Barclays, Evercore ISI, Morgan Stanley, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, UBS Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Hewlett Packard Enterprise more than its competitors?

Analysts like Hewlett Packard Enterprise less than other "computer and technology" companies. The consensus rating for Hewlett Packard Enterprise is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how HPE compares to other companies.


This page (NYSE:HPE) was last updated on 7/21/2024 by MarketBeat.com Staff

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