Hewlett Packard Enterprise (NYSE:HPE) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Posted by Stanley Muller on Oct 29th, 2026

Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $59.46 and traded as high as $61.27. Hewlett Packard Enterprise shares last traded at $60.8410, with a volume of 11,681,244 shares trading hands.

Key Headlines Impacting Hewlett Packard Enterprise

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

Positive Sentiment: HPE continues expanding its AI networking business, supporting its strategy to capture demand for data-center connectivity and AI workloads. Hewlett Packard Enterprise stock extends its AI networking push
Positive Sentiment: Analysts continue to see growth from demand for AI infrastructure across enterprise AI, private-cloud AI, hyperscalers and AI-factory deployments. The resulting record backlog and rising server revenue could support multiyear growth, while HPE’s valuation remains below the broader industry average. HPE Benefits From AI Infrastructure Demand: What’s Ahead?
Positive Sentiment: HPE’s networking integration of EdgeConnect, HPE Mist and Aruba Central combines SD-WAN, SASE security and AI-driven management in a unified platform. The offering could improve cross-selling and strengthen HPE’s position in automated enterprise networking. What Does Hewlett Packard Enterprise New Networking Integration Mean For Investors?
Neutral Sentiment: Coverage ahead of HPE’s earnings release highlights investor focus on whether AI infrastructure demand, backlog growth and server momentum can translate into results and forward guidance. What you need to know ahead of Hewlett Packard Enterprise’s earnings release
Neutral Sentiment: Management’s discussion at Bloomberg’s “Building the Agentic Enterprise” conference reinforces HPE’s focus on agentic AI and enterprise networking, but the event did not provide a clearly quantified near-term earnings catalyst. Building the Agentic Enterprise
Negative Sentiment: Evercore ISI lowered its HPE price target to $65 from $67, signaling somewhat less near-term upside despite maintaining analyst coverage. Evercore ISI Adjusts Hewlett Packard Enterprise Price Target
Negative Sentiment: The unified SASE announcement has not offset investor caution, with the market focusing on execution risks and whether the networking initiative can produce material financial benefits soon. HPE unifies SASE tools

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HPE. Loop Capital decreased their price target on shares of Hewlett Packard Enterprise from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Tuesday, September 8th. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $65.00 to $75.00 in a research report on Friday, October 2nd. Wall Street Zen upgraded Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 30th. The Goldman Sachs Group upped their target price on Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, October 6th. Finally, UBS Group raised their price target on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the company a “neutral” rating in a report on Thursday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $65.44.

Get Our Latest Stock Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Stock Down 2.4%

The company’s fifty day simple moving average is $59.66 and its 200 day simple moving average is $40.55. 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 firm has a market capitalization of $78.15 billion, a P/E ratio of 21.78, a price-to-earnings-growth ratio of 0.54 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The firm’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 EPS. 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. Research analysts expect that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $68.31, for a total value of $17,077,500.00. Following the completion of the transaction, the chief executive officer directly owned 1,182,393 shares of the company’s stock, valued at approximately $80,769,265.83. The trade was a 17.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,443 shares of the stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total transaction of $1,999,071.72. Following the sale, the executive vice president owned 840,690 shares in the company, valued at approximately $48,793,647.60. The trade was a 3.94% 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 585,899 shares of company stock worth $37,270,329. 0.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several institutional investors have recently modified their holdings of the business. Irenic Capital Management LP purchased a new position in Hewlett Packard Enterprise in the 1st quarter valued at about $18,691,000. Gunderson Capital Management LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter valued at about $15,409,000. Generate Investment Management Ltd purchased a new position in Hewlett Packard Enterprise in the 3rd quarter valued at about $19,340,000. Sanders Morris Harris LLC acquired a new stake in Hewlett Packard Enterprise in the third quarter valued at $1,661,000. Finally, Parkway Wealth Management Group LLC increased its stake in Hewlett Packard Enterprise by 36.7% during the third quarter. Parkway Wealth Management Group LLC now owns 110,121 shares of the technology company’s stock valued at $7,036,000 after purchasing an additional 29,551 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Company Profile

(Get Free Report)

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

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.