Hewlett Packard Enterprise’s (HPE) Buy Rating Reiterated at Argus

Argus reiterated their buy rating on shares of Hewlett Packard Enterprise (NYSE:HPE) in a research note issued to investors on Friday,Benzinga reports. They currently have a $70.00 price target on the technology company’s stock.

HPE has been the topic of a number of other research reports. UBS Group reduced their price target on Hewlett Packard Enterprise from $65.00 to $59.00 and set a “neutral” rating on the stock in a research report on Thursday. Sanford C. Bernstein upped their target price on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a research report on Tuesday, June 2nd. Truist Financial increased their target price on Hewlett Packard Enterprise from $69.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday. JPMorgan Chase & Co. raised their price target on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $57.00 price objective (down from $63.00) on shares of Hewlett Packard Enterprise in a research report on Thursday. Twelve investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and a consensus price target of $69.44.

Hewlett Packard Enterprise Price Performance

NYSE:HPE opened at $51.96 on Friday. Hewlett Packard Enterprise has a 52 week low of $19.84 and a 52 week high of $64.25. The firm has a market cap of $68.97 billion, a price-to-earnings ratio of 27.06, a P/E/G ratio of 0.51 and a beta of 1.43. The firm’s 50-day simple moving average is $49.95 and its 200 day simple moving average is $37.89. 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) last posted its quarterly earnings data 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 net margin of 6.60% and a return on equity of 15.50%. The firm had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The business’s revenue for the quarter was up 33.7% compared to the same quarter last year. 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, sell-side analysts predict that Hewlett Packard Enterprise will post 3.03 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 29.69%.

Insider Activity

In other news, SVP Kirt Karros sold 18,785 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Parrish Capital LLC acquired a new position in Hewlett Packard Enterprise during the second quarter worth about $201,000. Amundi boosted its stake in shares of Hewlett Packard Enterprise by 61.0% in the 2nd quarter. Amundi now owns 6,875,028 shares of the technology company’s stock valued at $310,132,000 after purchasing an additional 2,604,937 shares in the last quarter. Advus Financial Partners LLC bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at approximately $244,000. Financial Insights Inc. acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth approximately $237,000. Finally, California State Teachers Retirement System increased its position in Hewlett Packard Enterprise by 4,299.0% during the 2nd quarter. California State Teachers Retirement System now owns 92,484,612 shares of the technology company’s stock worth $4,171,981,000 after purchasing an additional 90,382,225 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: HPE reported fiscal third-quarter adjusted earnings of $1.11 per share, well above the roughly $0.95 consensus estimate, while revenue rose 33.7% year over year to $12.21 billion. HPE Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75–$3.85, above the $3.34 consensus, and forecast fiscal 2026 revenue of $46 billion–$47 billion. It also projected fiscal 2027 revenue growth of 13%–17%, supported by record orders, backlog and expanding enterprise AI demand. HPE raises FY27 outlook on agentic AI demand
• Positive Sentiment: Networking is emerging as a major growth driver: networking revenue increased 75% year over year, with routing revenue reportedly up 270%. HPE’s expanded Oracle relationship, including warrants tied to a large AI-infrastructure deployment, could help secure longer-term demand. HPE and Oracle deepen networking collaboration
• Neutral Sentiment: Analyst opinion remains mixed. Argus, Citi, Truist, Barclays and Raymond James raised targets or maintained bullish ratings, while Piper Sandler, UBS and Wells Fargo retained cautious views or reduced targets. Raymond James set the highest cited target at $86.
• Neutral Sentiment: HPE will host a Networking Investor Day on September 30, which may provide additional detail on the Juniper integration, networking margins and AI infrastructure growth.
• Negative Sentiment: Investors are concerned that component shortages could limit near-term shipments and pressure margins as AI systems represent a larger portion of sales. Those concerns overshadowed the earnings beat and raised outlook, causing HPE’s shares to decrease while semiconductor peers performed better. Why is HPE stock falling despite stronger results?

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.