Hewlett Packard Enterprise (NYSE:HPE) Stock Price Up 1.1% on Analyst Upgrade

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) were up 1.1% during trading on Thursday after Citigroup raised their price target on the stock from $76.00 to $92.00. Citigroup currently has a buy rating on the stock. Hewlett Packard Enterprise traded as high as $66.11 and last traded at $64.5990. 16,368,657 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 21,308,510 shares. The stock had previously closed at $63.89.

Several other research firms have also commented on HPE. Argus restated a “buy” rating and set a $70.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, September 4th. Weiss Ratings raised Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. Truist Financial restated a “buy” rating and set a $75.00 target price (up from $70.00) on shares of Hewlett Packard Enterprise in a report on Thursday. Wall Street Zen raised Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 30th. Finally, The Goldman Sachs Group boosted their price target on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.88.

Insiders Place Their Bets

In related news, Director Gary M. Reiner sold 17,000 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the transaction, the director owned 65,072 shares in the company, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Antonio Neri sold 250,000 shares of the stock in a transaction on Friday, September 11th. The shares were sold at an average price of $60.44, for a total value of $15,110,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,432,393 shares in the company, valued at $86,573,832.92. This trade represents a 14.86% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.44% of the company’s stock.

Key Headlines 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 infrastructure provider Vultr for AMD Helios AI Rack systems, marking HPE’s first Helios order. The systems will be deployed across Vultr’s U.S. data centers, providing a major validation of HPE’s AI infrastructure and networking strategy. HPE Secures Its First AMD Helios Order in $1.2 Billion Deal With Vultr
• Positive Sentiment: At Networking Investor Day, HPE raised its long-term networking revenue growth outlook, citing AI-driven demand across data-center networking, routing, campus and branch, and security products. Management also highlighted opportunities for profitable growth and merger-related synergies with Juniper Networks. HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
• Positive Sentiment: Several firms raised their targets: Citigroup lifted its target to $92 and initiated a Buy rating, Barclays raised its target to $83 with an Overweight rating, Morgan Stanley increased its target to $72 and reaffirmed Overweight, and Truist raised its Buy target to $75. The revisions reinforce optimism about HPE’s AI and networking growth prospects.
• Neutral Sentiment: Analyst views are not uniformly bullish. UBS raised its target to $66 but kept a Neutral rating, while Wells Fargo raised its target to $63 and maintained Equal Weight—both implying limited upside or modest downside from current levels.
• Negative Sentiment: With HPE near its 52-week high after a substantial rally, valuation and execution risks are becoming more important. The stock’s rapid appreciation may already reflect much of the expected AI and networking growth, making it vulnerable if orders, margins, or forecasts disappoint.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Delos Wealth Advisors LLC acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $27,000. SJS Investment Consulting Inc. increased its holdings in shares of Hewlett Packard Enterprise by 159.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after acquiring an additional 716 shares during the period. Union Savings Bank purchased a new stake in Hewlett Packard Enterprise in the 4th quarter valued at $30,000. First Bancorp Inc ME purchased a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at $30,000. Finally, Reflection Asset Management acquired a new stake in Hewlett Packard Enterprise during the 4th quarter worth $31,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

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 market cap of $85.75 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 0.55 and a beta of 1.43. The stock’s 50 day moving average is $55.04 and its two-hundred day moving average is $42.75.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 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 for the quarter, compared to analyst estimates of $11.97 billion. During the same period in the previous year, the business posted $0.44 earnings per share. Hewlett Packard Enterprise’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. Analysts anticipate that Hewlett Packard Enterprise Company will post 3.33 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be paid 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 0.9%. Hewlett Packard Enterprise’s dividend payout ratio is currently 29.69%.

Hewlett Packard Enterprise Company Profile

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.