Hewlett Packard Enterprise Company (NYSE:HPE) Receives $25.29 Average Target Price from Analysts

Hewlett Packard Enterprise Company (NYSE:HPEGet Free Report) has earned an average rating of “Hold” from the twenty-one ratings firms that are presently covering the company, MarketBeat.com reports. Twelve investment analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $25.2941.

HPE has been the subject of a number of research reports. Morgan Stanley lowered their price target on Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 18th. Argus increased their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. The Goldman Sachs Group started coverage on Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, Citigroup dropped their target price on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th.

Check Out Our Latest Stock Report on Hewlett Packard Enterprise

Trending Headlines about Hewlett Packard Enterprise

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

  • Positive Sentiment: MWC coverage highlights product momentum: reports from Mobile World Congress show HPE promoting Juniper-integrated networking capabilities and go-to-market momentum that could support future revenue and backlog growth. HPE flexes some Juniper muscle at MWC26
  • Positive Sentiment: Valuation/relative recovery narrative: analysis arguing HPE may look attractively priced after recent share weakness could draw value-oriented buyers if guidance or results meet expectations. Is Hewlett Packard Enterprise (HPE) Attractively Priced After Recent Share Price Weakness?
  • Neutral Sentiment: Earnings preview — watch GreenLake and guidance: multiple previews highlight that investors will be watching Q4 revenue, GreenLake ARR/growth, margin trends and management’s FY guidance; results could swing sentiment either way. What To Expect From Hewlett Packard Enterprise’s (HPE) Q4 Earnings
  • Neutral Sentiment: Consensus market-watch articles place HPE in a busy earnings calendar: broader roundups (Oracle, Adobe, others) note HPE as a name to watch this week, which raises short‑term volatility but doesn’t predict direction. Earnings week ahead: ORCL, ADBE, LI, NIO, HPE, ZIM, KSS, and more
  • Negative Sentiment: Macro risk from inflation data could pressure tech multiples: several previews note upcoming CPI/PCE and jobs prints that may alter Fed rate expectations — a hawkish surprise would likely weigh on cyclical/enterprise IT spending and HPE’s multiple. Inflation Data, Oracle Earnings: What to Watch Next Week
  • Negative Sentiment: Earnings-preview risk: market previews (Benzinga, Barron’s and others) emphasize that if HPE’s guidance or GreenLake growth disappoints, the stock could see outsized downside given recent multiple compression and elevated expectations built into the recovery narrative. What’s Next: Hewlett Packard’s Earnings Preview

Hewlett Packard Enterprise Trading Down 1.7%

NYSE HPE opened at $21.11 on Friday. Hewlett Packard Enterprise has a 12-month low of $11.97 and a 12-month high of $26.44. The company has a fifty day simple moving average of $22.16 and a two-hundred day simple moving average of $23.09. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The stock has a market cap of $28.05 billion, a P/E ratio of -351.77, a P/E/G ratio of 0.58 and a beta of 1.31.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last announced its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The business’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.58 earnings per share. On average, analysts forecast that Hewlett Packard Enterprise will post 1.85 earnings per share for the current year.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 26,457 shares of the business’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the transaction, the chief executive officer directly owned 2,101,761 shares in the company, valued at $51,472,126.89. The trade was a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the company’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the sale, the senior vice president directly owned 18,785 shares in the company, valued at approximately $462,298.85. The trade was a 66.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 471,861 shares of company stock worth $11,605,705. Corporate insiders own 0.44% of the company’s stock.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Several institutional investors and hedge funds have recently modified their holdings of HPE. TFC Financial Management Inc. grew its holdings in Hewlett Packard Enterprise by 2,694.4% during the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after acquiring an additional 970 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Hewlett Packard Enterprise by 176.7% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after acquiring an additional 666 shares during the period. Chilton Capital Management LLC acquired a new position in Hewlett Packard Enterprise in the third quarter valued at approximately $30,000. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise in the 2nd quarter worth approximately $26,000. Finally, Union Savings Bank purchased a new stake in Hewlett Packard Enterprise in the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Hewlett Packard Enterprise (NYSE:HPE)

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