Hewlett Packard Enterprise (NYSE:HPE) Downgraded by Wall Street Zen to “Hold”

Hewlett Packard Enterprise (NYSE:HPE) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

Several other research firms have also recently commented on HPE. Bank of America lifted their target price on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Raymond James Financial reissued an “outperform” rating and set a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. Morgan Stanley lifted their target price on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and an average price target of $27.88.

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $47.37 on Tuesday. Hewlett Packard Enterprise has a fifty-two week low of $17.02 and a fifty-two week high of $47.97. The stock has a market cap of $62.85 billion, a price-to-earnings ratio of -249.32, a PEG ratio of 1.10 and a beta of 1.28. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. The firm’s 50-day simple moving average is $29.23 and its 200 day simple moving average is $24.80.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.25. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The business had revenue of $10.68 billion for the quarter, compared to analysts’ expectations of $9.78 billion. During the same quarter last year, the firm earned ($0.82) EPS. The firm’s revenue for the quarter was up 40.0% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 3.350-3.450 EPS and its Q3 2026 guidance at 0.880-0.930 EPS. As a group, research analysts anticipate that Hewlett Packard Enterprise will post 1.97 earnings per share for the current fiscal year.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 17,001 shares of the business’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $27.97, for a total transaction of $475,517.97. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 150,000 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $26.50, for a total transaction of $3,975,000.00. Following the sale, the chief executive officer directly owned 1,687,329 shares in the company, valued at $44,714,218.50. The trade was a 8.16% 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. Over the last three months, insiders have sold 702,402 shares of company stock worth $18,440,171. Company insiders own 0.44% of the company’s stock.

Institutional Investors Weigh In On Hewlett Packard Enterprise

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Investment Research Partners LLC raised its holdings in Hewlett Packard Enterprise by 2.0% during the 4th quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock valued at $527,000 after acquiring an additional 423 shares during the period. D.A. Davidson & CO. increased its holdings in shares of Hewlett Packard Enterprise by 4.5% in the first quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock worth $238,000 after purchasing an additional 429 shares during the period. Bleakley Financial Group LLC increased its holdings in shares of Hewlett Packard Enterprise by 1.0% in the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock worth $1,045,000 after purchasing an additional 439 shares during the period. Compound Planning Inc. increased its holdings in shares of Hewlett Packard Enterprise by 2.4% in the first quarter. Compound Planning Inc. now owns 18,951 shares of the technology company’s stock worth $451,000 after purchasing an additional 446 shares during the period. Finally, Essential Partners LLC increased its holdings in shares of Hewlett Packard Enterprise by 1.6% in the first quarter. Essential Partners LLC now owns 28,100 shares of the technology company’s stock worth $669,000 after purchasing an additional 447 shares during the period. Institutional investors own 80.78% of the company’s stock.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE reported adjusted EPS of $0.79, well above Wall Street’s $0.54 estimate, showing stronger-than-expected profitability. Article Title
• Positive Sentiment: Revenue came in at $10.68 billion versus $9.78 billion expected, with year-over-year sales growth of 40%, reinforcing that demand remains strong. Read More.
• Positive Sentiment: The company said networking revenue surged 148%, highlighting robust AI infrastructure and networking demand as customers build out AI data centers. Article Title
• Positive Sentiment: Management raised guidance sharply, with Q3 EPS and revenue outlooks both above consensus, and also increased full-year FY2026 targets. Article Title
• Positive Sentiment: HPE said it now expects to reach its 2028 financial targets two years early, reflecting confidence in AI-driven demand and execution. Article Title
• Positive Sentiment: HPE also announced a new NVIDIA Vera CPU-based server designed for agentic AI workloads, which supports the company’s push deeper into AI infrastructure. Article Title
• Neutral Sentiment: HPE named Elliott partner Chris Hsu to its board, a governance update that is not likely to drive near-term results by itself. Article Title

About Hewlett Packard Enterprise

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.