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Last updated 1 hour ago

HPE·Hewlett Packard Enterprise Company

$.
+. (+.%)
High
$38.88
Open
$37.92
Market Cap
49.86B
52W High
$37.74
Low
$37.33
P. Close
$37.58
P/E
874.79
52W Low
$17.02
Fwd P/E
13.75
Mean Target
-
Technical Score (1D)
100
BUY
News Sentiment
61
BULLISH
Hewlett Packard Enterprise (HPE) shares saw a significant increase driven by strong demand for AI servers, leading to an all-time high and multiple analyst price target increases. This surge is supported by Gartner's recognition of HPE as a Leader in Enterprise Wired and Wireless LAN Infrastructure for the fifth consecutive year, highlighting their AI-native networking solutions. JPMorgan raised its price target to $37, citing easing memory concerns and anticipated earnings growth, while also announcing new GreenLake innovations for AI data pipelines and private cloud. Morgan Stanley also increased its price target to $33, suggesting a more optimistic outlook despite maintaining an Equalweight rating. Bernstein adjusted its price target to $35, reiterating a Market Perform rating. The market is reassessing HPE's role in enterprise technology and infrastructure, with investor focus on AI spending and IT budget allocation. While HPE experienced gains, Super Micro Computer saw a larger percentage increase, positioning it as the primary AI infrastructure mover today, though HPE's networking revenue surged significantly year-over-year. Looking ahead, investors should monitor how broader macroeconomic and earnings risks, as identified by Morgan Stanley, might impact IT hardware valuations. HPE is also scheduled to present its strategy and networking segment insights at its Investor Relations Summit during HPE Discover 2026 on June 16th.
Earnings Summary
Hewlett Packard Enterprise (HPE) is a global provider of intelligent technology solutions, offering infrastructure encompassing servers, hybrid cloud platforms, and networking products, supported by flexible consumption models and a broad distribution network. Operating within the Technology sector, specifically the Communication Equipment industry, HPE focuses on delivering tailored solutions to commercial, enterprise, and public sector clients worldwide. The company's strategy involves continuous innovation and leveraging its financial services arm to enhance its value proposition. In its most recent reported quarters, HPE demonstrated a mixed performance. For Q1 2026, the company reported an actual EPS of $0.65 against an estimate of $0.52898, and actual revenue of $9.301 billion against an estimate of $9.564 billion, indicating an EPS beat but a revenue miss. This followed Q3 2025, where actual EPS was $0.62, exceeding the estimate of $0.5819, and Q2 2025, where actual EPS was $0.44, surpassing the estimate of $0.41743. The trend shows an acceleration in EPS beats in the latter half of the reported period, with revenue performance being less consistent, missing estimates in Q1 2026 after not having revenue estimates provided for earlier quarters. Historically, HPE has shown a trajectory of growth, with recent quarters exhibiting strong EPS beats. For instance, Q1 2026 and Q3 2025 saw notable EPS outperformance against analyst expectations. While revenue estimates were not consistently available for comparison in earlier periods, the Q1 2026 revenue miss warrants attention. Recent news highlights significant analyst upgrades, with Bernstein and JPMorgan raising price targets, citing diminishing memory challenges and new GreenLake innovations for AI and private cloud. These positive developments are coupled with strategic moves like appointing Ingram Micro as a key partner and leveraging the Xvantage platform to enhance market penetration. However, the company's stock has also shown sensitivity to macroeconomic factors such as rising oil prices and Treasury yields. Investors will be watching for continued positive analyst sentiment and the successful integration of new AI and cloud offerings to sustain momentum, while also monitoring the impact of broader economic conditions on future performance. Key will be the company's ability to translate these strategic initiatives and analyst optimism into consistent revenue growth and sustained EPS beats in upcoming quarters.

EPS

EstBeatMiss
$0.28$0.38$0.49$0.59$0.70Q4'24Q1'25Q2'25Q3'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.53 - -
Q1'26$0.53$0.65+22.9%
Q3'25$0.58$0.62+6.5%
Q2'25$0.42$0.44+5.4%
Q1'25$0.33$0.38+16.3%
Q4'24$0.50$0.49-1.8%

Revenue

EstBeatMiss
$7.3B$8.0B$8.8B$9.5B$10.2BQ4'24Q1'25Q2'25Q3'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$9.9B - -
Q1'26$9.6B$9.3B-2.7%
Q3'25 - $9.7B -
Q2'25 - $9.1B -
Q1'25 - $7.6B -
Q4'24 - $7.9B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

HPE Stock Snapshot

HPE is currently trading at $37.89, giving Hewlett Packard Enterprise Company a market cap of 49.86B and a P/E ratio of 874.8. Today's range spans $37.33–$38.88, with shares opening at $37.92 and moving up $0.31 (0.8%) from the prior close. DailyIQ's technical score sits at 100/100 (BUY) with a news sentiment reading of 61/100.

Over the past year HPE has traded between $17.02 and $37.74 - the current price is +122.6% off the 52-week low and +0.4% from the high.

Growth-oriented Technology investors looking for technical confirmation find it in HPE: BUY signal, 100/100 score, bullish sentiment at 61/100, price $37.89 (near 52-week highs). The current P/E ratio stands at 874.8. The 49.86B market cap is the sweet spot - big enough to absorb institutional sizing, small enough to move materially on conviction. Annual range: $17.02–$37.74.

What makes HPE's BUY setup (100/100) particularly actionable at 49.86B in Technology capitalization is the scale-to-move ratio: large enough to feature on institutional mandates but not so large that the percentage upside is already compressed by index inertia. At $37.89 (near 52-week highs in $17.02–$37.74), with sentiment running bullish at 61/100, the setup rewards conviction-sized positioning more than it does speculative small bets.

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