UBS Group Cuts Hewlett Packard Enterprise (NYSE:HPE) Price Target to $59.00

Hewlett Packard Enterprise (NYSE:HPE) had its price objective trimmed by UBS Group from $65.00 to $59.00 in a research report report published on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the technology company’s stock.

A number of other research firms have also recently commented on HPE. Weiss Ratings raised Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. Susquehanna increased their price objective on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Piper Sandler reissued a “neutral” rating and set a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Raymond James Financial boosted their target price on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. Finally, Zacks Research lowered Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Twelve investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and a consensus price target of $69.44.

Hewlett Packard Enterprise Stock Down 4.6%

HPE stock opened at $51.96 on Thursday. The company’s 50 day moving average is $49.95 and its 200 day moving average is $37.78. The stock has a market cap of $68.81 billion, a price-to-earnings ratio of 27.06, a price-to-earnings-growth ratio of 0.61 and a beta of 1.43. 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 1-year low of $19.84 and a 1-year high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Sell-side analysts predict that Hewlett Packard Enterprise will post 3.03 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

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

Insider Buying and Selling at Hewlett Packard Enterprise

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

Institutional Investors Weigh In On Hewlett Packard Enterprise

Large investors have recently made changes to their positions in the business. Parrish Capital LLC bought a new stake in Hewlett Packard Enterprise in the second quarter valued at $201,000. Amundi raised its holdings in 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 purchasing an additional 2,604,937 shares in the last quarter. Advus Financial Partners LLC purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $244,000. Financial Insights Inc. bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $237,000. Finally, California State Teachers Retirement System increased its position in shares of Hewlett Packard Enterprise by 4,299.0% during the second 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 buying an additional 90,382,225 shares during the period. 80.78% of the stock is currently owned by institutional investors.

Key Stories Impacting Hewlett Packard Enterprise

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

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.