Hewlett Packard Enterprise (NYSE:HPE) Research Coverage Started at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hewlett Packard Enterprise (NYSE:HPE) in a research report report published on Tuesday, Marketbeat reports. The brokerage issued a buy rating and a $62.00 target price on the technology company’s stock.

HPE has been the subject of several other research reports. Wells Fargo & Company lifted their price target on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 2nd. Morgan Stanley upgraded Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and decreased their price objective for the company from $71.00 to $69.00 in a research report on Monday, August 10th. Bank of America raised their price objective on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a research note on Monday. Susquehanna boosted their target price on 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, Argus increased their price target on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Twelve analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $69.44.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $54.25 on Tuesday. Hewlett Packard Enterprise has a 52-week low of $19.84 and a 52-week high of $64.25. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The firm’s fifty day moving average is $49.79 and its 200 day moving average is $37.68. The company has a market cap of $71.84 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 0.60 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping 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 15.75%. The business had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same period last 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. Sell-side analysts forecast that Hewlett Packard Enterprise will post 2.92 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.

Insider Buying and Selling

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

Hedge Funds Weigh In On Hewlett Packard Enterprise

A number of hedge funds and other institutional investors have recently made changes to their positions in HPE. Delos Wealth Advisors LLC purchased a new position in shares of Hewlett Packard Enterprise during the second quarter valued at $27,000. First Bancorp Inc ME purchased a new stake in Hewlett Packard Enterprise in the second quarter worth about $30,000. Transamerica Financial Advisors LLC bought a new position in Hewlett Packard Enterprise during the 2nd quarter worth about $37,000. SJS Investment Consulting Inc. increased its position 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 during the period. Finally, Ancora Advisors LLC purchased a new position in Hewlett Packard Enterprise during the 2nd quarter valued at about $56,000. Institutional investors own 80.78% of the company’s stock.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: AI-driven earnings beat and higher guidance: HPE reported fiscal Q3 adjusted earnings of $1.11 per share, well above the roughly $0.93-$0.95 consensus, while revenue reached $12.21 billion, up 33.7% year over year and ahead of expectations. Management raised fiscal 2026 EPS guidance to $3.75-$3.85 and projected revenue of $46-$47 billion. HPE Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Demand exceeds available supply: Record AI server orders and backlog, along with strong networking demand, led HPE to lift its fiscal 2027 growth targets. Networking revenue reportedly rose 75% year over year, with routing revenue up sharply, supporting expectations for higher-margin growth. HPE Q3 Earnings Call Highlights AI Demand, Networking Shift
• Positive Sentiment: Oracle partnership expands visibility: HPE and Oracle announced a deeper collaboration to deploy HPE Juniper Networking across Oracle’s AI data centers, potentially creating a sizable, multiyear source of networking demand. HPE and Oracle Deepen Networking Collaboration
• Positive Sentiment: Analyst and trading signals improved: Barclays, Raymond James, Citi and Truist raised their price targets, while traders purchased 178,801 HPE call options—more than triple the average daily volume.
• Neutral Sentiment: HPE will hold a Networking Investor Day on September 30, offering investors additional detail on its strategy and the Juniper portfolio.
• Negative Sentiment: Supply constraints temper the outlook: Shortages of memory, CPUs and other components could limit near-term shipments and pressure margins as AI systems become a larger portion of sales. UBS and Wells Fargo cut their price targets, while Piper Sandler maintained a neutral rating.

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.