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

by · The Markets Daily

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) had its price target hoisted by Argus from $25.00 to $30.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Argus’ price objective indicates a potential upside of 21.32% from the stock’s current price.

A number of other research analysts have also recently weighed in on HPE. Bank of America lifted their price target on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, September 2nd. Piper Sandler began coverage on shares of Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 target price on the stock. Citigroup upped their price target on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. UBS Group increased their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Finally, Susquehanna boosted their price objective on Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Hold” and a consensus price target of $25.53.

Check Out Our Latest Stock Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Price Performance

HPE stock opened at $24.73 on Wednesday. The company has a market cap of $32.63 billion, a PE ratio of -411.80, a price-to-earnings-growth ratio of 0.66 and a beta of 1.34. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The stock has a 50-day moving average price of $23.28 and a two-hundred day moving average price of $21.78. Hewlett Packard Enterprise has a 12-month low of $11.97 and a 12-month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The business had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. During the same period in the previous year, the company posted $0.58 EPS. The company’s revenue was up 14.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, research analysts predict that Hewlett Packard Enterprise will post 1.85 EPS for the current year.

Insiders Place Their Bets

In related news, EVP John F. Schultz sold 84,676 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $23.15, for a total value of $1,960,249.40. Following the transaction, the executive vice president owned 338,685 shares in the company, valued at approximately $7,840,557.75. The trade was a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Maeve C. Culloty sold 3,738 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total value of $93,898.56. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 295,080 shares of company stock valued at $7,208,998 in the last three months. 0.36% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Atria Wealth Solutions Inc. raised its stake in shares of Hewlett Packard Enterprise by 3.5% in the 1st quarter. Atria Wealth Solutions Inc. now owns 30,953 shares of the technology company’s stock valued at $479,000 after purchasing an additional 1,057 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in Hewlett Packard Enterprise in the first quarter valued at about $27,000. SouthState Corp acquired a new stake in Hewlett Packard Enterprise during the first quarter valued at approximately $42,000. Public Sector Pension Investment Board lifted its holdings in Hewlett Packard Enterprise by 212.2% during the 1st quarter. Public Sector Pension Investment Board now owns 586,496 shares of the technology company’s stock worth $9,050,000 after buying an additional 398,618 shares during the last quarter. Finally, Westpac Banking Corp grew its position in shares of Hewlett Packard Enterprise by 15.7% in the 1st quarter. Westpac Banking Corp now owns 77,526 shares of the technology company’s stock worth $1,196,000 after acquiring an additional 10,526 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Company Profile

(Get Free Report)

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.

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