Hewlett Packard Enterprise (NYSE:HPE) Price Target Raised to $86.00

06 Sep 2026, 02:32 by Amy Steele · The Cerbat Gem

Hewlett Packard Enterprise (NYSE:HPE – Free Report) had its price target upped by Raymond James Financial from $74.00 to $86.00 in a research report released on Thursday morning,Benzinga reports. Raymond James Financial currently has an outperform rating on the technology company’s stock.

HPE has been the subject of several other reports. The Goldman Sachs Group raised their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Wall Street Zen upgraded Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 30th. Zacks Research downgraded Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Argus raised their price objective on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, Wells Fargo & Company dropped their price objective on Hewlett Packard Enterprise from $67.00 to $54.00 and set an “equal weight” rating on the stock in a report on Thursday. Twelve investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $69.44.

Get Our Latest Analysis on Hewlett Packard Enterprise

Hewlett Packard Enterprise Price Performance

Shares of HPE stock opened at $51.96 on Thursday. The company has a market capitalization of $68.81 billion, a PE ratio of 27.06, a price-to-earnings-growth ratio of 0.61 and a beta of 1.43. The firm has a fifty day simple moving average of $49.95 and a 200-day simple moving average of $37.78. The company has a current ratio of 1.11, a quick ratio of 0.75 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise has a twelve month low of $19.84 and a twelve month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share 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 business had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same period last year, the business earned $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. Equities research analysts anticipate that Hewlett Packard Enterprise will post 3.03 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be given a $0.1425 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. Hewlett Packard Enterprise’s payout ratio is presently 29.69%.

Insider Activity

In other news, SVP Kirt Karros sold 18,785 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

Hedge funds and other institutional investors have recently bought and sold shares of the company. Parrish Capital LLC acquired a new stake in Hewlett Packard Enterprise during the second quarter valued at approximately $201,000. Amundi grew its position in shares of Hewlett Packard Enterprise by 61.0% in the 2nd quarter. Amundi now owns 6,875,028 shares of the technology company’s stock worth $310,132,000 after acquiring an additional 2,604,937 shares in the last quarter. Advus Financial Partners LLC acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter worth approximately $244,000. Financial Insights Inc. bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $237,000. Finally, California State Teachers Retirement System increased its holdings in shares of Hewlett Packard Enterprise by 4,299.0% in the 2nd quarter. California State Teachers Retirement System now owns 92,484,612 shares of the technology company’s stock valued at $4,171,981,000 after acquiring an additional 90,382,225 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

Key Hewlett Packard Enterprise News

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

Positive Sentiment: HPE reported fiscal third-quarter adjusted earnings of $1.11 per share, well above the roughly $0.95 consensus estimate, while revenue rose 33.7% year over year to $12.21 billion. HPE Q3 Earnings and Revenues Surpass Estimates
Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75–$3.85, above the $3.34 consensus, and forecast fiscal 2026 revenue of $46 billion–$47 billion. It also projected fiscal 2027 revenue growth of 13%–17%, supported by record orders, backlog and expanding enterprise AI demand. HPE raises FY27 outlook on agentic AI demand
Positive Sentiment: Networking is emerging as a major growth driver: networking revenue increased 75% year over year, with routing revenue reportedly up 270%. HPE’s expanded Oracle relationship, including warrants tied to a large AI-infrastructure deployment, could help secure longer-term demand. HPE and Oracle deepen networking collaboration
Neutral Sentiment: Analyst opinion remains mixed. Argus, Citi, Truist, Barclays and Raymond James raised targets or maintained bullish ratings, while Piper Sandler, UBS and Wells Fargo retained cautious views or reduced targets. Raymond James set the highest cited target at $86.
Neutral Sentiment: HPE will host a Networking Investor Day on September 30, which may provide additional detail on the Juniper integration, networking margins and AI infrastructure growth.
Negative Sentiment: Investors are concerned that component shortages could limit near-term shipments and pressure margins as AI systems represent a larger portion of sales. Those concerns overshadowed the earnings beat and raised outlook, causing HPE’s shares to decrease while semiconductor peers performed better. Why is HPE stock falling despite stronger results?

Hewlett Packard Enterprise Company Profile

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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.