Hewlett Packard Enterprise (NYSE:HPE) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Hewlett Packard Enterprise (NYSE:HPE) had its target price increased by analysts at Raymond James Financial from $74.00 to $86.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the technology company’s stock. Raymond James Financial’s price target would suggest a potential upside of 69.87% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Argus upped their target price on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Sanford C. Bernstein lifted their price target on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a research note on Tuesday, June 2nd. UBS Group cut their price objective on shares of Hewlett Packard Enterprise from $65.00 to $59.00 and set a “neutral” rating on the stock in a report on Thursday. Susquehanna upped their price objective on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Barclays raised their target price on Hewlett Packard Enterprise from $67.00 to $79.00 and gave the company an “overweight” rating in a research note on Thursday. Twelve research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.44.

Hewlett Packard Enterprise Stock Down 2.3%

Shares of HPE stock traded down $1.20 during trading hours on Thursday, reaching $50.63. The company had a trading volume of 35,974,310 shares, compared to its average volume of 20,872,719. The company has a market capitalization of $67.04 billion, a P/E ratio of 47.32, a price-to-earnings-growth ratio of 0.54 and a beta of 1.43. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. Hewlett Packard Enterprise has a twelve month low of $19.84 and a twelve month high of $64.25. The stock’s fifty day simple moving average is $49.63 and its 200 day simple moving average is $37.46.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same period in the previous year, the company posted $0.44 EPS. Hewlett Packard Enterprise’s revenue for the quarter 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, sell-side analysts expect that Hewlett Packard Enterprise will post 2.92 earnings per share for the current fiscal year.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a document filed 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. Insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System raised its stake in shares of Hewlett Packard Enterprise by 4,299.0% in the 2nd quarter. California State Teachers Retirement System now owns 92,484,612 shares of the technology company’s stock valued at $4,171,981,000 after purchasing an additional 90,382,225 shares in the last quarter. Capital World Investors bought a new stake in Hewlett Packard Enterprise in the fourth quarter valued at about $901,751,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Hewlett Packard Enterprise in the second quarter valued at about $1,027,139,000. Primecap Management Co. CA acquired a new stake in Hewlett Packard Enterprise during the second quarter valued at approximately $773,225,000. Finally, Legal & General Group Plc acquired a new stake in Hewlett Packard Enterprise during the second quarter valued at approximately $512,721,000. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: AI demand is driving strong growth. HPE reported record fiscal Q3 revenue of approximately $12.2 billion, up 34% year over year, while non-GAAP EPS of $1.11 rose 152% and exceeded consensus estimates near $0.95. Server and networking demand tied to enterprise and “agentic” AI contributed to record orders and backlog. HPE Q3 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: Management raised its outlook. HPE lifted fiscal 2026 EPS guidance to $3.75-$3.85, above the roughly $3.34 consensus, and forecast revenue of $46-$47 billion. It also projects at least $3.75 billion in fiscal 2026 free cash flow and expects fiscal 2027 revenue growth of 13%-17%. HPE raises FY27 outlook on agentic AI demand, reports record orders
• Positive Sentiment: Several analysts remain bullish. Citigroup raised its price target to $76, Truist to $70 and Barclays to $79; all maintain “buy” or “overweight” ratings. These targets imply substantial potential upside if AI-driven growth and profitability continue.
• Neutral Sentiment: HPE expanded its collaboration with Oracle to deploy HPE Juniper Networking in Oracle AI data centers, reinforcing its positioning in large-scale AI infrastructure. The company will also host a Networking Investor Day on September 30.
• Neutral Sentiment: HPE declared a quarterly dividend of $0.1425 per share, payable October 16 to shareholders of record September 17. The annualized yield is approximately 1.1%.
• Negative Sentiment: Supply constraints are overshadowing the results. Networking orders reportedly exceed available supply, raising concerns that shortages could delay revenue recognition and limit HPE’s ability to capitalize fully on AI demand. HPE Earnings Soar but Supply Constraints Aren’t Going Away
• Negative Sentiment: Investors questioned margin durability. As AI systems become a larger portion of the product mix, the market is evaluating whether recent margin expansion can persist amid component shortages and potentially intense competition. UBS cut its target to $59 with a “neutral” rating, while Wells Fargo reduced its target to $54 and assigned “equal weight.” Why is HPE stock falling despite stronger-than-expected results, raised guidance?

Hewlett Packard Enterprise Company Profile

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.