Morgan Stanley Issues Positive Forecast for Hewlett Packard Enterprise (NYSE:HPE) Stock Price

Posted by Brenda Bartman on Oct 1st, 2026

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) had its price target hoisted by investment analysts at Morgan Stanley from $67.00 to $72.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the technology company’s stock. Morgan Stanley’s price objective suggests a potential upside of 11.68% from the stock’s previous close.

Several other equities research analysts have also weighed in on HPE. Weiss Ratings upgraded Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. Raymond James Financial boosted their price target on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on Hewlett Packard Enterprise in a research note on Tuesday, September 1st. They set a “buy” rating and a $62.00 price objective for the company. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. Finally, Wall Street Zen raised shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and an average price target of $70.94.

Check Out Our Latest Stock Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Stock Performance

HPE stock traded up $0.58 during midday trading on Thursday, hitting $64.47. The stock had a trading volume of 7,089,740 shares, compared to its average volume of 21,271,396. Hewlett Packard Enterprise has a 52 week low of $19.84 and a 52 week high of $67.10. 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 50-day simple moving average of $55.04 and a 200 day simple moving average of $42.75. The firm has a market capitalization of $85.58 billion, a price-to-earnings ratio of 33.65, a P/E/G ratio of 0.55 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same quarter in the prior year, the company posted $0.44 EPS. The business’s 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. As a group, equities research analysts anticipate that Hewlett Packard Enterprise will post 3.33 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Gary M. Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $56.91, for a total value 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. The trade was a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Antonio Neri sold 250,000 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the transaction, the chief executive officer owned 1,432,393 shares in the company, valued at approximately $86,573,832.92. This trade represents a 14.86% 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. Company insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. QRG Capital Management Inc. boosted its position in Hewlett Packard Enterprise by 148.1% in the 2nd quarter. QRG Capital Management Inc. now owns 446,503 shares of the technology company’s stock valued at $20,142,000 after buying an additional 266,499 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $1,076,000. Andra AP fonden acquired a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $10,759,000. Tidal Investments LLC grew its position in shares of Hewlett Packard Enterprise by 552.7% during the 2nd quarter. Tidal Investments LLC now owns 800,103 shares of the technology company’s stock worth $36,093,000 after buying an additional 677,528 shares during the period. Finally, BlueCrest Capital Management Ltd raised its stake in shares of Hewlett Packard Enterprise by 105.8% during the second quarter. BlueCrest Capital Management Ltd now owns 201,015 shares of the technology company’s stock worth $9,068,000 after buying an additional 103,323 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Key Stories Impacting Hewlett Packard Enterprise

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

Positive Sentiment: HPE secured a $1.2 billion order from cloud provider Vultr for AMD Helios AI Rack systems, its first order for the platform. The systems will be deployed across Vultr’s U.S. data centers and include HPE networking technology, providing a significant validation of HPE’s AI infrastructure strategy. HPE Secures Its First AMD Helios Order in $1.2 Billion Deal With Vultr
Positive Sentiment: At its Networking Investor Day, HPE raised its long-term networking revenue-growth outlook, citing demand for AI data-center networking across switching, routing, campus and branch systems, and security. The upgraded outlook reinforces expectations that the Juniper integration and AI spending can accelerate growth. HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
Positive Sentiment: Several analysts raised their targets following the investor event: Barclays lifted its target to $83 and maintained an overweight rating, while Truist raised its target to $75 and reaffirmed its buy rating. These revisions indicate continued confidence in HPE’s AI and networking growth potential. HPE Networking Outlook Gets Boost as Barclays, Citi and Wells Fargo Raise Price Targets
Neutral Sentiment: Analyst opinion is becoming more divided after HPE’s rapid 2026 advance. UBS raised its target to $66 but kept a neutral rating, and Wells Fargo raised its target to $63 while retaining equal weight, suggesting that much of the expected AI and networking improvement may already be reflected in the shares.
Negative Sentiment: HPE’s stock has risen roughly 165% this year and recently reached a record high, increasing valuation and execution risks. Investors may be taking profits while waiting for the Vultr order to translate into revenue and for the networking growth targets and Juniper synergies to materialize.

About Hewlett Packard Enterprise

(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.