Hewlett Packard Enterprise Company (NYSE:HPE) Receives $64.65 Average PT from Brokerages

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) have earned an average recommendation of “Moderate Buy” from the twenty-one ratings firms that are covering the company, Marketbeat reports. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $64.6471.

Several research firms have recently weighed in on HPE. Barclays raised their price objective on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Susquehanna raised their target price on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Wells Fargo & Company upped their price objective on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 2nd. UBS Group raised their price objective on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Sanford C. Bernstein increased their price target on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a report on Tuesday, June 2nd.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $47.44 on Friday. The firm has a 50 day moving average of $35.91 and a 200-day moving average of $27.37. The firm has a market capitalization of $62.82 billion, a P/E ratio of 44.34, a price-to-earnings-growth ratio of 0.52 and a beta of 1.42. Hewlett Packard Enterprise has a 12 month low of $17.49 and a 12 month high of $64.25. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The firm had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same period in the previous year, the business earned ($0.82) EPS. The business’s revenue for the quarter was up 40.0% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2026 guidance at 3.350-3.450 EPS and its Q3 2026 guidance at 0.880-0.930 EPS. As a group, sell-side analysts predict that Hewlett Packard Enterprise will post 2.88 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid a $0.1425 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. Hewlett Packard Enterprise’s payout ratio is currently 53.27%.

Insiders Place Their Bets

In related news, CEO Antonio F. Neri sold 150,000 shares of Hewlett Packard Enterprise stock in a transaction on Friday, April 17th. The stock was sold at an average price of $26.50, for a total value of $3,975,000.00. Following the completion of the sale, the chief executive officer owned 1,687,329 shares of the company’s stock, valued at $44,714,218.50. The trade was a 8.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 24,251 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $27.01, for a total transaction of $655,019.51. Following the sale, the executive vice president directly owned 32,243 shares of the company’s stock, valued at $870,883.43. The trade was a 42.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 702,402 shares of company stock worth $18,440,171 in the last 90 days. Insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Hewlett Packard Enterprise by 24.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 215,593 shares of the technology company’s stock worth $5,179,000 after buying an additional 41,896 shares during the period. Viking Fund Management LLC grew its position in shares of Hewlett Packard Enterprise by 22.5% during the fourth quarter. Viking Fund Management LLC now owns 490,000 shares of the technology company’s stock worth $11,770,000 after purchasing an additional 90,000 shares in the last quarter. Freemont Management S.A. lifted its holdings in Hewlett Packard Enterprise by 197.1% in the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company’s stock worth $5,217,000 after purchasing an additional 144,100 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Hewlett Packard Enterprise by 60.2% in the fourth quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock worth $8,111,000 after buying an additional 126,938 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Hewlett Packard Enterprise by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after acquiring an additional 1,917,719 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: Multiple analysts highlighted HPE as an attractive AI beneficiary, citing its positioning in enterprise AI, AI networking, and mission-critical infrastructure as a potential driver of future growth. Top AI Stocks to Add to Your Portfolio for Impressive Returns
• Positive Sentiment: HPE was also featured on a PEG-based value screen and in a list of stocks near 52-week highs, which suggests investors see a combination of earnings growth potential and momentum supporting the shares. 4 High-Potential PEG Value Stocks That You Can Buy Today 4 Stocks Trading Near 52-Week High With Room to Rise Further
• Positive Sentiment: New partnership news from Rocket Software, Cadence, Nvidia-related coverage, and other ecosystem updates all point to HPE expanding its AI and data-center reach, which may support investor confidence in its long-term growth story. Rocket Software Joins the HPE Unleash AI Partner Program to Accelerate AI Adoption Across Mission-Critical Environments Cadence and HPE expand collaboration to support AI-driven data centre modernisation
• Neutral Sentiment: Conference and transcript coverage from HPE Discover kept the company in the spotlight, but these items were largely reiterations of management’s AI messaging rather than new financial guidance or a material business update. Architecting for AI: Five things Antonio Neri told the enterprise at HPE Discover Hewlett Packard Enterprise Company (HPE) Presents at 2026 HPE Discover IR Summit Transcript
• Neutral Sentiment: Additional commentary said HPE may be undervalued after its AI networking push and described it as a “pure-play” on enterprise AI, which supports the valuation case but does not by itself change near-term fundamentals. Hewlett Packard Enterprise (HPE) Stock Could Be 24.6% Undervalued After AI Networking Push Why Hewlett Packard Enterprise Is The Ultimate Pure-Play On Enterprise AI
• Neutral Sentiment: HPE also drew attention for software and virtualization efforts aimed at VMware users and for adding more Nvidia-related AI capabilities, but these are incremental strategic developments rather than immediate catalysts. Year of free HPE software a “step in the correct direction” in VMware rivalry HPE nabs more Nvidia fuel to augment agentic AI efforts

Hewlett Packard Enterprise Company Profile

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.