Hewlett Packard Enterprise (NYSE:HPE) Price Target Raised to $65.00

Posted by George Bondi on Jun 3rd, 2026

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) had its price objective upped by equities researchers at UBS Group from $25.00 to $65.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. UBS Group’s price target points to a potential upside of 11.40% from the company’s previous close.

HPE has been the subject of several other reports. Bank of America boosted their price objective on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Loop Capital upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a report on Tuesday. Morgan Stanley increased their price objective on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Finally, Citigroup raised their price objective on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $38.82.

Read Our Latest Stock Report on HPE

Hewlett Packard Enterprise Price Performance

Shares of HPE stock opened at $58.35 on Tuesday. Hewlett Packard Enterprise has a 12-month low of $17.02 and a 12-month high of $47.97. The firm has a market capitalization of $77.42 billion, a price-to-earnings ratio of -249.32, a price-to-earnings-growth ratio of 1.10 and a beta of 1.28. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The firm has a fifty day moving average of $29.23 and a 200-day moving average of $24.80.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. During the same quarter last year, the business posted ($0.82) EPS. The firm’s revenue was up 40.0% compared to the same quarter last year. 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. On average, equities research analysts forecast that Hewlett Packard Enterprise will post 1.97 earnings per share for the current year.

Insider Transactions at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 150,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 1,687,329 shares in the company, valued at $44,714,218.50. This trade represents a 8.16% decrease in their position. The sale 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. Also, EVP Neil B. Macdonald sold 24,251 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $27.01, for a total value of $655,019.51. Following the completion of the sale, the executive vice president directly owned 32,243 shares in the company, valued at approximately $870,883.43. This represents a 42.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 702,402 shares of company stock worth $18,440,171. 0.44% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Investment Research Partners LLC grew its stake in Hewlett Packard Enterprise by 2.0% in the 4th quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock valued at $527,000 after buying an additional 423 shares during the last quarter. D.A. Davidson & CO. increased its stake in shares of Hewlett Packard Enterprise by 4.5% in the 1st quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock valued at $238,000 after purchasing an additional 429 shares during the last quarter. Bleakley Financial Group LLC raised its stake in Hewlett Packard Enterprise by 1.0% during the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock worth $1,045,000 after acquiring an additional 439 shares in the last quarter. Compound Planning Inc. increased its position in Hewlett Packard Enterprise by 2.4% during the 1st quarter. Compound Planning Inc. now owns 18,951 shares of the technology company’s stock worth $451,000 after purchasing an additional 446 shares in the last quarter. Finally, Essential Partners LLC lifted its stake in shares of Hewlett Packard Enterprise by 1.6% in the 1st quarter. Essential Partners LLC now owns 28,100 shares of the technology company’s stock valued at $669,000 after acquiring an additional 447 shares during the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Hewlett Packard Enterprise

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

Positive Sentiment: HPE reported fiscal Q2 EPS of $0.79 and revenue of $10.68 billion, both well above Wall Street expectations, showing stronger-than-expected demand across the business.
Positive Sentiment: The company said revenue grew 40% year over year, while networking revenue jumped 148%, highlighting broad-based strength in AI-related and enterprise infrastructure spending.
Positive Sentiment: HPE raised its fiscal 2026 guidance and pulled forward its long-term financial targets by two years, signaling management sees the AI server and networking boom continuing. Reuters: HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
Positive Sentiment: HPE also introduced a new NVIDIA Vera CPU-based server for agentic AI workloads, reinforcing its positioning in the fast-growing AI infrastructure market. BusinessWire: HPE Introduces CPU Server with NVIDIA Vera CPU, Purpose-built for Agentic AI
Neutral Sentiment: HPE announced a quarterly dividend of $0.1425 per share, payable July 15 to shareholders of record on June 16, which may support income-focused investors but is not the main driver of the move.
Negative Sentiment: After the earnings-driven surge, some of the stock’s AI enthusiasm may already be reflected in the share price, which could create valuation risk if growth or margins cool from here.

About Hewlett Packard Enterprise

(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.