Deutsche Bank Aktiengesellschaft Begins Coverage on Hewlett Packard Enterprise (NYSE:HPE)

Analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Hewlett Packard Enterprise (NYSE:HPE) in a research note issued on Tuesday, September 1st, Marketbeat reports. The brokerage set a “buy” rating and a $62.00 price target on the technology company’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential downside of 15.64% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Argus upped their price objective on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Piper Sandler reaffirmed a “neutral” rating and issued a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Loop Capital upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and increased their price target for the stock from $23.00 to $75.00 in a research report on Tuesday, June 2nd. The Goldman Sachs Group boosted their price target on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Truist Financial reiterated a “buy” rating and set a $69.00 price objective (up from $31.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.67.

Hewlett Packard Enterprise Stock Up 3.5%

Shares of NYSE:HPE opened at $73.50 on Tuesday. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $58.25 and a two-hundred day simple moving average of $44.96. Hewlett Packard Enterprise has a 12-month low of $19.84 and a 12-month high of $73.56. The stock has a market capitalization of $97.56 billion, a price-to-earnings ratio of 38.28, a PEG ratio of 0.63 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. Hewlett Packard Enterprise’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 EPS. 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. On average, research analysts anticipate that Hewlett Packard Enterprise will post 3.34 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the transaction, the director directly owned 65,072 shares in the company, valued at $3,703,247.52. This represents a 20.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Rami Rahim sold 34,456 shares of the business’s stock in a transaction on Tuesday, September 29th. The stock was 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 owned 875,133 shares in the company, valued at approximately $53,750,668.86. The trade was a 3.79% 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. In the last three months, insiders have sold 551,456 shares of company stock valued at $35,271,258. Corporate insiders own 0.44% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

Several hedge funds have recently modified their holdings of HPE. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $1,027,139,000. Capital World Investors purchased a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth about $901,751,000. Geode Capital Management LLC lifted its stake in Hewlett Packard Enterprise by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock worth $835,626,000 after purchasing an additional 431,728 shares during the last quarter. Primecap Management Co. CA purchased a new position in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $773,225,000. Finally, Elliott Investment Management L.P. grew its stake in shares of Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after buying an additional 8,790,757 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: Wall Street’s outlook has improved as HPE benefits from strong AI-related demand, surging server sales, a growing backlog and expanding HPE GreenLake adoption. Analysts see additional upside, with some coverage pointing to a price target near $92. HPE Stock Has Nearly Tripled
• Positive Sentiment: Mizuho Securities selected HPE Cray XD2000 systems for a direct-liquid-cooling-ready data center supporting advanced financial simulations and future private AI initiatives. The deployment offers evidence of demand for HPE’s high-performance computing and energy-efficient AI infrastructure. Mizuho Securities Selects HPE
• Positive Sentiment: Investor enthusiasm is also being supported by HPE’s networking business, its Juniper Networks acquisition, and a reported $1.2 billion AMD Helios AI Rack order from Vultr. Jim Cramer said HPE has “finally broken out of its funk,” while bullish earnings revisions and robust recent results are sustaining momentum. Jim Cramer Says HPE Has Finally Turned a Corner
• Neutral Sentiment: The stock’s sharp rally and new highs have increased valuation and profit-taking risks. Although earnings estimates remain supportive, investors are weighing whether continued AI growth justifies the already substantial gains. Should You Buy, Sell or Hold HPE Stock
• Negative Sentiment: CEO Antonio Neri sold 250,000 shares worth approximately $17.1 million, reducing his direct holdings by 17.45%. The sale occurred under a pre-arranged Rule 10b5-1 plan, limiting its significance as a bearish signal, but it may still weigh modestly on sentiment.

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.