UBS Group Lowers Hewlett Packard Enterprise (NYSE:HPE) Price Target to $59.00

Hewlett Packard Enterprise (NYSE:HPE) had its price objective lowered by research analysts at UBS Group from $65.00 to $59.00 in a research report issued on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. UBS Group’s price objective indicates a potential upside of 21.93% from the stock’s current price.

Several other equities research analysts have also weighed in on the company. Weiss Ratings raised Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. upped their price target on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Argus increased their price objective on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Citigroup lifted their price objective on shares of Hewlett Packard Enterprise from $70.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, Raymond James Financial upped their target price on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. Twelve equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $68.94.

Hewlett Packard Enterprise Stock Performance

HPE traded down $3.44 on Thursday, hitting $48.39. 22,487,443 shares of the company’s stock were exchanged, compared to its average volume of 20,792,844. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The stock has a fifty day moving average of $49.63 and a two-hundred day moving average of $37.46. Hewlett Packard Enterprise has a twelve month low of $19.84 and a twelve month high of $64.25. The firm has a market cap of $64.08 billion, a PE ratio of 45.12, a P/E/G ratio of 0.54 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating the consensus estimate of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The business’s revenue was up 33.7% compared to the same quarter last year. During the same period in the prior year, the company 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, research analysts anticipate that Hewlett Packard Enterprise will post 2.92 earnings per share for the current fiscal year.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by corporate insiders.

Institutional Trading of Hewlett Packard Enterprise

Institutional investors have recently made changes to their positions in the stock. Delos Wealth Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $27,000. First Bancorp Inc ME acquired a new stake in Hewlett Packard Enterprise in the second quarter worth approximately $30,000. Transamerica Financial Advisors LLC acquired a new stake in Hewlett Packard Enterprise in the second quarter worth approximately $37,000. SJS Investment Consulting Inc. boosted its stake in Hewlett Packard Enterprise by 159.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after purchasing an additional 716 shares in the last quarter. Finally, Ancora Advisors LLC bought a new position in Hewlett Packard Enterprise during the 2nd quarter valued at $56,000. 80.78% of the stock is owned by institutional investors and hedge funds.

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.

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.