Citigroup Issues Positive Forecast for Hewlett Packard Enterprise (NYSE:HPE) Stock Price

Hewlett Packard Enterprise (NYSE:HPE) had its price target upped by stock analysts at Citigroup from $26.00 to $27.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. Citigroup’s target price suggests a potential upside of 24.42% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Argus lifted their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Bank of America boosted their price target on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday. The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price on the stock. Finally, Morgan Stanley lifted their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and an average price target of $25.88.

Hewlett Packard Enterprise Price Performance

Shares of HPE traded up $0.60 during mid-day trading on Wednesday, hitting $21.70. The company’s stock had a trading volume of 10,507,761 shares, compared to its average volume of 17,617,920. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise has a 1-year low of $11.97 and a 1-year high of $26.44. The firm has a market capitalization of $28.84 billion, a P/E ratio of -114.11, a P/E/G ratio of 0.60 and a beta of 1.31. The firm has a 50-day simple moving average of $22.05 and a 200 day simple moving average of $23.08.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.97% and a negative net margin of 0.41%.Hewlett Packard Enterprise’s revenue was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Analysts predict that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 36,460 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the sale, the senior vice president directly owned 18,785 shares of the company’s stock, valued at approximately $462,298.85. The trade was a 66.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Antonio F. Neri sold 26,457 shares of the company’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $24.49, for a total value of $647,931.93. Following the completion of the transaction, the chief executive officer owned 2,101,761 shares of the company’s stock, valued at $51,472,126.89. The trade was a 1.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 238,850 shares of company stock valued at $5,877,664. 0.44% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Hewlett Packard Enterprise

A number of large investors have recently bought and sold shares of the stock. Corient Private Wealth LLC increased its holdings in shares of Hewlett Packard Enterprise by 8.2% during the 4th quarter. Corient Private Wealth LLC now owns 424,363 shares of the technology company’s stock worth $10,197,000 after buying an additional 32,149 shares during the last quarter. Union Savings Bank purchased a new stake in Hewlett Packard Enterprise during the fourth quarter valued at about $30,000. Hsbc Holdings PLC increased its stake in Hewlett Packard Enterprise by 5.6% during the fourth quarter. Hsbc Holdings PLC now owns 7,826,838 shares of the technology company’s stock worth $187,983,000 after acquiring an additional 416,972 shares during the last quarter. SHP Wealth Management purchased a new position in shares of Hewlett Packard Enterprise in the 4th quarter worth about $85,000. Finally, EJMK Ventures LLC acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $478,000. Hedge funds and other institutional investors own 80.78% 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 beat Q1 non‑GAAP EPS estimates (reported $0.65 vs. $0.59 consensus) and raised FY‑2026 EPS and Q2 guidance—supporting upside to earnings expectations and signaling durable demand. HPE Reports Fiscal 2026 First-Quarter Results
• Positive Sentiment: Networking sales surged (near‑tripling year‑over‑year; data‑center networking especially strong) and management said AI server orders have meaningfully increased—this mix both lifts revenue and drives higher‑margin sales. HPE forecasts revenue above estimates
• Positive Sentiment: Analysts revised views after the print: Bank of America raised its price target to $32 (buy) and Morgan Stanley raised its target to $25—broker upgrades help underpin demand for the shares.
• Positive Sentiment: HPE announced a quarterly dividend (ex‑div March 24), supporting income investor interest and signaling board confidence in cash flow.
• Positive Sentiment: Short interest fell ~12% in February (to ~78.9M shares), reducing potential short‑squeeze pressure and lowering one source of downside volatility.
• Neutral Sentiment: Guidance is above consensus for revenue and EPS, but the quarter was mixed: networking strength offset softer Cloud & AI segment results—investors should watch execution in the latter for sustainability. HPE reports mixed first quarter results
• Neutral Sentiment: HPE says memory shortages persist and it has raised prices to manage costs—this supports margins near term but could constrain unit demand or invite customer pushback. HPE Raises Fiscal 2026 Earnings Outlook
• Negative Sentiment: HPE disclosed a critical AOS‑CX security flaw that can allow admin password resets—this creates near‑term remediation costs, reputational risk, and potential customer concern. HPE warns of critical AOS-CX flaw
• Negative Sentiment: Macro/geopolitical volatility (Middle East developments and oil swings) pushed several tech names lower in afternoon trade—HPE was among stocks that briefly fell in that market move, illustrating sensitivity to broader risk sentiment. Stocks Plummet After Geopolitical News

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.