Do Wall Street Analysts Like Hewlett Packard Enterprise Stock?

Spring, Texas-based Hewlett Packard Enterprise Company (HPE) develops intelligent solutions in the United States, the Americas, and internationally. The company has a market cap of $73.1 billion and operates in five segments: Server, Hybrid Cloud, Networking, Financial Services, and Corporate Investments and Other, and offers general-purpose servers, workload-optimized servers, and integrated systems, among others. 

The electricity supplier’s shares have outpaced the broader market over the past year, growing 109.6% compared to the S&P 500 Index’s ($SPX) 10.3% surge. Moreover, in 2026, the stock has risen nearly 113.1%, also rallying the SPX’s 10.2% rise.      

Focusing on its industry benchmark, the State Street Technology Select Sector SPDR ETF (XLK) has grown 15.9% over the past year, underperforming the stock. In 2026, XLU has grown 21.1% and has also lagged behind the stock.

On Sept. 3, HPE stock rose 5% following the release of its Q3 2026 earnings. The company’s revenue for the quarter amounted to $12.2 billion, surpassing the Street’s estimates. Additionally, its adjusted EPS came in at $1.11, also topping the consensus estimates.HPE’s revenue guidance for the fiscal fourth quarter is $14.35 billion at the midpoint, above analyst estimates. Moreover, the company also raised its full-year adjusted EPS guidance to $3.80 at the midpoint, a 11.8% increase.  

For the current year, which ended in October, analysts expect HPE’s EPS to rise 116.9% to $3.34 on a diluted basis. The company surpassed the consensus estimate in each of the last four quarters, which is impressive.  

Among the 21 analysts covering HPE stock, the consensus is a “Moderate Buy.” That’s based on 10 “Strong Buy” ratings, two “Moderate Buys,” and nine “Holds.”   

The configuration has grown slightly more bullish as the stock now has 10 “Strong Buy” ratings, compared to nine three months ago.  

On Oct. 26, Bernstein analyst Mark Newman maintained a “Hold” rating for HPE stock and set a target price at $62. 

HPE’s mean price target of $73.21 offers a 43% upside compared to the current market price. Its Street-high target of $92 implies a robust 79.7% upside from current levels.  

On the date of publication, Aritra Gangopadhyay did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.