Hewlett Packard Enterprise (NYSE:HPE) Stock Rating Raised to Outperform at Daiwa Securities Group

Hewlett Packard Enterprise (NYSE:HPE) was upgraded by research analysts at Daiwa Securities Group from a “neutral” rating to an “outperform” rating in a report issued on Friday, Briefing.com reports. The brokerage currently has a $75.00 target price on the technology company’s stock. Daiwa Securities Group’s price target suggests a potential upside of 16.10% from the stock’s previous close.

HPE has been the topic of a number of other reports. Piper Sandler reiterated a “neutral” rating and set a $57.00 price target (down from $63.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, September 3rd. Citigroup increased their price objective on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday. Barclays lifted their price target on Hewlett Packard Enterprise from $79.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday. Truist Financial reissued a “buy” rating and set a $75.00 price objective (up from $70.00) on shares of Hewlett Packard Enterprise in a report on Thursday. Finally, Wall Street Zen raised Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus price target of $72.06.

Hewlett Packard Enterprise Stock Up 1.1%

Shares of HPE opened at $64.60 on Friday. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise has a 52-week low of $19.84 and a 52-week high of $67.10. The stock has a fifty day simple moving average of $55.38 and a two-hundred day simple moving average of $43.05. The company has a market capitalization of $85.75 billion, a PE ratio of 33.65, a price-to-earnings-growth ratio of 0.57 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE) last released 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. The firm had revenue of $12.21 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The firm’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period in the prior year, the firm posted $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. As a group, equities analysts forecast that Hewlett Packard Enterprise will post 3.33 EPS for the current year.

Insider Activity

In related news, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. The trade was a 14.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of the stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the completion of the sale, the executive vice president directly owned 875,133 shares in the company, valued at approximately $53,750,668.86. The trade was a 3.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 301,456 shares of company stock worth $18,193,758. Company insiders own 0.44% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital World Investors acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $901,751,000. Elliott Investment Management L.P. raised its stake in shares of Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after acquiring an additional 8,790,757 shares during the period. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at $1,027,139,000. Primecap Management Co. CA purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter worth about $773,225,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Hewlett Packard Enterprise by 6.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock worth $590,435,000 after purchasing an additional 756,972 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE secured a $1.2 billion order from cloud provider Vultr for AMD Helios AI Rack systems to be deployed in U.S. data centers. The deal is HPE’s first order for AMD’s new rack-scale AI platform and strengthens its position in the rapidly expanding AI infrastructure market. HPE Secures Its First AMD Helios Order in $1.2 Billion Deal With Vultr
• Positive Sentiment: At its Networking Investor Day, HPE raised its long-term networking revenue outlook, citing AI-driven demand across data-center networking, routing, security and related markets. Management said demand continues to exceed supply, suggesting favorable growth and pricing conditions. HPE boosts networking growth outlook and gets AI order
• Positive Sentiment: Several firms raised their targets, including Citi to $92 with a buy rating, Barclays to $83 with an overweight rating, Morgan Stanley to $72 with an overweight rating and Truist to $75. These revisions indicate that some analysts see further upside from HPE’s AI and networking expansion.
• Neutral Sentiment: Analyst views remain divided after HPE’s substantial rally. UBS maintained a neutral rating with a $66 target, while Wells Fargo assigned an equal-weight rating and a $63 target. Commentary also notes that HPE’s valuation remains below many AI infrastructure peers, but the stock’s gains may already reflect considerable optimism. HPE Networking Outlook Gets Boost
• Neutral Sentiment: EVP Rami Rahim sold 34,456 shares worth approximately $2.1 million under a pre-arranged Rule 10b5-1 plan. Although the sale reduced his holdings by 3.79%, he still owns about 875,000 shares, making the transaction a limited bearish signal. SEC insider trading filing

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.