Hewlett Packard Enterprise Company (NYSE:HPE) Receives $69.80 Consensus PT from Brokerages

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) have been assigned a consensus rating of “Moderate Buy” from the seventeen research firms that are covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $69.80.

Several equities research analysts have commented on the stock. Morgan Stanley upgraded shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and dropped their price target for the company from $71.00 to $69.00 in a research note on Monday, August 10th. The Goldman Sachs Group boosted their price objective on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Wall Street Zen upgraded Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Raymond James Financial lifted their target price on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research note on Tuesday, June 2nd. Finally, Piper Sandler reissued a “neutral” rating and issued a $63.00 price target (up from $23.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd.

Insiders Place Their Bets

In related news, SVP Kirt P. Karros sold 18,785 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by insiders.

Institutional Trading of Hewlett Packard Enterprise

A number of institutional investors have recently made changes to their positions in HPE. Headlands Technologies LLC acquired a new stake in Hewlett Packard Enterprise in the second quarter worth approximately $26,000. Delos Wealth Advisors LLC acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at $27,000. SJS Investment Consulting Inc. boosted its stake in Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after buying an additional 716 shares in the last quarter. Union Savings Bank bought a new position in Hewlett Packard Enterprise during the fourth quarter valued at about $30,000. Finally, First Bancorp Inc ME acquired a new position in Hewlett Packard Enterprise during the second quarter worth about $30,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: J.P. Morgan assigned HPE a Buy rating, adding to the bullish analyst support for the company. Hewlett Packard Enterprise Receives a Buy from J.P. Morgan
• Positive Sentiment: Analysts’ average price target implies approximately 25.5% upside, while upward earnings-estimate revisions suggest expectations for a potential earnings beat. The article cautions that price targets alone are not always reliable. HPE Potential Rally Analysis
• Positive Sentiment: HPE’s third-quarter outlook is supported by demand for AI infrastructure, networking, and hybrid-cloud solutions, with its expanded product portfolio potentially supporting revenue growth. HPE Q3 Earnings Preview
• Neutral Sentiment: Brokerages collectively rate HPE “Moderate Buy,” indicating broadly favorable sentiment but not unanimous conviction. HPE Consensus Recommendation
• Neutral Sentiment: Investors are awaiting detailed third-quarter projections for revenue, earnings, margins, and other operating metrics for the period ended July 2026. HPE Q3 Key Metrics Preview
• Negative Sentiment: Cisco may have an edge over HPE for long-term networking investors because of stronger hyperscaler AI orders, networking growth, and its expanding security business. HPE Versus Cisco Networking Comparison
• Negative Sentiment: HPE’s multiyear global Wi-Fi patent agreement with a blacklisted supplier could raise compliance and reputational concerns, despite resolving intellectual-property issues. HPE Global WiFi Patent Deal

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $52.31 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. Hewlett Packard Enterprise has a one year low of $19.84 and a one year high of $64.25. The company has a 50-day simple moving average of $49.46 and a 200-day simple moving average of $36.86. The firm has a market capitalization of $69.27 billion, a P/E ratio of 48.89, a P/E/G ratio of 0.56 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.25. The firm had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. Hewlett Packard Enterprise’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same period last year, the firm posted ($0.82) EPS. As a group, equities analysts expect that Hewlett Packard Enterprise will post 2.92 earnings per share for the current year.

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.