Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) gapped down prior to trading on Thursday after UBS Group lowered their price target on the stock from $65.00 to $59.00. The stock had previously closed at $51.83, but opened at $47.60. UBS Group currently has a neutral rating on the stock. Hewlett Packard Enterprise shares last traded at $48.37, with a volume of 12,215,868 shares trading hands.
HPE has been the topic of a number of other reports. Sanford C. Bernstein upped their price objective on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a research note on Tuesday, June 2nd. Susquehanna boosted their target price on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Raymond James Financial upped their price target on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group increased their price target on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Argus lifted their price objective on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Twelve investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.94.
Check Out Our Latest Stock Analysis on HPE
Insider Activity
Hewlett Packard Enterprise News Summary
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: Strong quarterly results and higher guidance: HPE reported fiscal Q3 adjusted EPS of $1.11, exceeding the approximately $0.93–$0.95 consensus, while revenue rose 33.7% year over year to $12.21 billion, above expectations. Management raised fiscal 2026 EPS guidance to $3.75–$3.85 and projected revenue of $46–$47 billion, both above analyst estimates. HPE Reports Fiscal 2026 Third Quarter Results
- Positive Sentiment: AI and networking demand remains robust: Record orders and backlog, broad-based enterprise AI demand and surging networking orders support HPE’s longer-term growth outlook. The company also forecast fiscal 2027 revenue growth of 13%–17% and at least $5 billion in free cash flow. HPE Q3 Earnings Call Highlights AI Demand, Networking Shift
- Positive Sentiment: Strategic networking expansion: HPE expanded its collaboration with Oracle to deploy Juniper Networking technology across Oracle’s AI data centers, potentially strengthening its position in gigawatt-scale AI infrastructure. HPE and Oracle Deepen Networking Collaboration
- Neutral Sentiment: Analyst views remain mixed: Barclays raised its target to $79 and Morgan Stanley maintained an overweight rating while trimming its target to $67. Wells Fargo lowered its target sharply to $54 and assigned an equal-weight rating, indicating more limited near-term upside.
- Neutral Sentiment: HPE declared a quarterly dividend of $0.1425 per share, with a 1.1% annualized yield. The company will also host a Networking Investor Day on September 30, which could provide additional detail on its growth strategy.
- Negative Sentiment: Supply constraints overshadow the beat: Networking orders are reportedly exceeding available supply, raising concerns that component shortages could delay revenue recognition and limit HPE’s ability to capitalize fully on AI demand.
- Negative Sentiment: Margin sustainability is under scrutiny: Investors are questioning whether recent profit improvement can persist as AI systems represent a larger portion of the product mix, potentially creating pricing pressure and lower margins. High expectations following the stock’s substantial prior rally may also be contributing to profit-taking.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Empowered Funds LLC lifted its stake in Hewlett Packard Enterprise by 317.3% in the 1st quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after purchasing an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after buying an additional 1,377 shares in the last quarter. Brown Advisory Inc. raised its position in shares of Hewlett Packard Enterprise by 4.4% in the second quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after buying an additional 996 shares in the last quarter. Jump Financial LLC boosted its stake in Hewlett Packard Enterprise by 25.8% during the second quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after buying an additional 3,215 shares during the period. Finally, WINTON GROUP Ltd bought a new stake in Hewlett Packard Enterprise during the second quarter valued at $207,000. Institutional investors own 80.78% of the company’s stock.
Hewlett Packard Enterprise Stock Performance
The firm has a market capitalization of $65.11 billion, a PE ratio of 45.69, a PEG ratio of 0.54 and a beta of 1.43. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The company has a 50-day moving average of $49.63 and a 200 day moving average of $37.46.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The firm had revenue of $12.21 billion for the quarter, compared to analysts’ expectations of $11.97 billion. During the same quarter last year, the company posted $0.44 EPS. The business’s quarterly revenue was up 33.7% on a year-over-year basis. 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. Equities research analysts predict that Hewlett Packard Enterprise Company will post 2.92 EPS for the current year.
Hewlett Packard Enterprise Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.
About Hewlett Packard Enterprise
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.
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