UBS Group Forecasts Strong Price Appreciation for Hewlett Packard Enterprise (NYSE:HPE) Stock

Posted by Francis Steltz on Oct 1st, 2026

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) had its price objective raised by equities research analysts at UBS Group from $59.00 to $66.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. UBS Group’s target price would indicate a potential upside of 4.69% from the stock’s current price.

HPE has been the topic of a number of other research reports. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 4th. Weiss Ratings upgraded Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. Argus reissued a “buy” rating and set a $70.00 price objective on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. Barclays boosted their price objective on Hewlett Packard Enterprise from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, The Goldman Sachs Group increased their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $70.65.

Check Out Our Latest Stock Analysis on HPE

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock traded down $0.84 during midday trading on Thursday, reaching $63.05. The company’s stock had a trading volume of 3,989,450 shares, compared to its average volume of 21,247,381. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The stock has a market cap of $83.69 billion, a PE ratio of 32.82, a price-to-earnings-growth ratio of 0.55 and a beta of 1.43. Hewlett Packard Enterprise has a 52 week low of $19.84 and a 52 week high of $67.10. The business has a 50-day moving average price of $55.04 and a 200-day moving average price of $42.75.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The firm had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.44 earnings per share. 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. On average, sell-side analysts predict that Hewlett Packard Enterprise will post 3.33 EPS for the current year.

Insiders Place Their Bets

In related news, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the transaction, the director directly owned 65,072 shares of the company’s stock, valued at $3,703,247.52. This trade represents a 20.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $60.44, for a total value of $15,110,000.00. Following the transaction, the chief executive officer directly owned 1,432,393 shares in the company, valued at $86,573,832.92. The trade was a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.44% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

Institutional investors have recently added to or reduced their stakes in the stock. Capital World Investors bought a new position in Hewlett Packard Enterprise during the 4th quarter worth approximately $901,751,000. Elliott Investment Management L.P. increased its position in shares of Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after buying an additional 8,790,757 shares during the period. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $1,027,139,000. Primecap Management Co. CA bought a new position in Hewlett Packard Enterprise during the second quarter worth $773,225,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Hewlett Packard Enterprise by 6.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock valued at $590,435,000 after acquiring an additional 756,972 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors.

Key Hewlett Packard Enterprise News

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

Positive Sentiment: $1.2 billion Vultr AI order: Vultr will deploy HPE systems built around AMD Helios AI Racks across its U.S. data centers. The deal is HPE’s first Helios order and provides a significant customer win for its AI server, networking and software offerings. HPE Secures Its First AMD Helios Order in $1.2 Billion Deal With Vultr
Positive Sentiment: Networking outlook raised: HPE lifted its long-term revenue growth expectations for the networking business, citing accelerating AI-related demand across data-center networking, routing, campus and branch infrastructure, and security. Management characterized AI demand as exceeding available supply, supporting expectations for continued growth. HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
Positive Sentiment: Constructive analyst support: Barclays raised its HPE price target from $79 to $83 and assigned an “overweight” rating, implying substantial upside from the referenced price. The target increase reflects stronger confidence in HPE’s AI infrastructure and networking opportunity.
Neutral Sentiment: Investor focus remains elevated: HPE’s investor-day presentations highlighted networking as a key long-term growth and shareholder-value driver. The shares have already rallied sharply in 2026, making execution on the Vultr order, networking targets and AI demand important for sustaining momentum. HPE Analyst/Investor Day Transcript
Negative Sentiment: Valuation caution: Wells Fargo raised its target from $54 to $63 but kept an “equal weight” rating; the new target remains slightly below the referenced share price. This suggests some analysts believe the strong AI-driven rally has already priced in much of the near-term opportunity.

Hewlett Packard Enterprise Company Profile

(Get Free Report)

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.