Hewlett Packard Enterprise Company (HPE) Stock Forecast, Price Target & Predictions
HPE Stock Forecast
Hewlett Packard Enterprise Company stock forecast is as follows: an average price target of $20.82 (represents a -1.70% downside from HPE’s last price of $21.18) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
HPE Price Target
The average price target for Hewlett Packard Enterprise Company (HPE) is $20.82 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $14.00. This represents a potential -1.70% downside from HPE's last price of $21.18.
HPE Analyst Ratings
According to 14 Wall Street analysts, Hewlett Packard Enterprise Company's rating consensus is 'Buy'. The analyst rating breakdown for HPE stock is 1 'Strong Buy' (7.14%), 8 'Buy' (57.14%), 5 'Hold' (35.71%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hewlett Packard Enterprise Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 18, 2024 | Simon Leopold | Raymond James | $29.00 | $17.34 | 67.24% | 36.92% |
| Oct 09, 2024 | Matt Niknam | Deutsche Bank | $22.00 | $20.97 | 4.91% | 3.87% |
| Sep 25, 2024 | Tim Long | Barclays | $24.00 | $18.88 | 27.12% | 13.31% |
| Sep 23, 2024 | Asiya Merchant | Citigroup | $20.00 | $18.83 | 6.21% | -5.57% |
| Sep 17, 2024 | Wamsi Mohan | Bank of America Securities | $24.00 | $17.23 | 39.29% | 13.31% |
| Sep 05, 2024 | Matthew Sheerin | Stifel Nicolaus | $22.00 | $17.80 | 23.56% | 3.87% |
| Jun 07, 2024 | Jim Kelleher | Argus Research | $26.00 | $19.59 | 32.72% | 22.76% |
| Jun 05, 2024 | David Vogt | UBS | $17.00 | $19.48 | -12.73% | -19.74% |
| Jun 05, 2024 | Mehdi Hosseini | Susquehanna | $20.00 | $20.11 | -0.55% | -5.57% |
| Jun 05, 2024 | Aaron Rakers | Wells Fargo | $22.00 | $17.60 | 25.00% | 3.87% |
The latest Hewlett Packard Enterprise Company stock forecast, released on Nov 18, 2024 by Simon Leopold from Raymond James, set a price target of $29.00, which represents a 67.24% increase from the stock price at the time of the forecast ($17.34), and a 36.92% increase from HPE last price ($21.18).
Hewlett Packard Enterprise Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 6 | 14 |
| Avg Price Target | $29.00 | $23.50 | $21.50 |
| Last Closing Price | $21.18 | $21.18 | $21.18 |
| Upside/Downside | 36.92% | 10.95% | 1.51% |
In the current month, the average price target of Hewlett Packard Enterprise Company stock is $29.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 36.92% increase as opposed to Hewlett Packard Enterprise Company's last price of $21.18. This month's average price target is up 23.40% compared to last quarter, and up 34.88% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 18, 2024 | Raymond James | Mixed | Strong Buy | Upgrade |
| Oct 11, 2024 | Susquehanna | Underperform | Underperform | Hold |
| Oct 08, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Sep 25, 2024 | UBS | Buy | Buy | Hold |
| Sep 25, 2024 | Barclays | Equal-Weight | Overweight | Upgrade |
| Sep 17, 2024 | Bank of America Securities | Neutral | Buy | Upgrade |
| Sep 10, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 09, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Sep 06, 2024 | Susquehanna | Underperform | Underperform | Hold |
| Sep 06, 2024 | UBS | Equal-Weight | Equal-Weight | Hold |
Hewlett Packard Enterprise Company's last stock rating was published by Raymond James on Nov 18, 2024. The company Upgrade its HPE rating from "Mixed" to "Strong Buy".
Hewlett Packard Enterprise Company Financial Forecast
Hewlett Packard Enterprise Company Revenue Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $6.75B | $7.35B | $7.00B | - | $7.81B | $7.87B | $6.95B | - | $6.96B | $7.35B | $6.90B | - | $6.83B | $7.21B | $6.82B | - | $6.95B | $7.21B | $7.22B |
| Avg Forecast | $8.64B | $8.29B | $8.06B | $7.76B | $8.36B | $8.08B | $7.80B | $7.75B | $8.25B | $7.67B | $6.82B | $7.01B | $7.36B | $6.99B | $7.30B | $7.45B | $7.37B | $6.93B | $6.80B | $7.02B | $7.38B | $6.94B | $6.61B | $6.74B | $6.88B | $6.06B | $6.31B | $7.21B | $7.40B | $7.27B |
| High Forecast | $8.95B | $8.58B | $8.34B | $8.03B | $8.66B | $8.37B | $8.08B | $7.90B | $8.32B | $7.67B | $6.82B | $7.05B | $7.37B | $7.24B | $7.56B | $7.71B | $7.59B | $7.14B | $7.00B | $7.23B | $7.60B | $7.15B | $6.80B | $6.94B | $7.09B | $6.24B | $6.50B | $7.43B | $7.62B | $7.49B |
| Low Forecast | $8.27B | $7.93B | $7.71B | $7.42B | $8.00B | $7.73B | $7.46B | $7.51B | $8.19B | $7.67B | $6.82B | $6.96B | $7.34B | $6.69B | $6.99B | $7.12B | $7.12B | $6.69B | $6.57B | $6.77B | $7.12B | $6.70B | $6.38B | $6.51B | $6.65B | $5.85B | $6.09B | $6.96B | $7.14B | $7.03B |
| # Analysts | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 10 | 5 | 5 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 3 | 4 | 5 | 6 | 5 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.00% | 1.00% | - | 1.05% | 1.07% | 1.00% | - | 0.99% | 1.00% | 0.99% | - | 1.01% | 1.05% | 1.12% | - | 0.96% | 0.98% | 0.99% |
Hewlett Packard Enterprise Company's average Quarter revenue forecast for May 24 based on 5 analysts is $6.82B, with a low forecast of $6.82B, and a high forecast of $6.82B. HPE's average Quarter revenue forecast represents a 1.02% increase compared to the company's last Quarter revenue of $6.75B (Jan 24).
Hewlett Packard Enterprise Company EBITDA Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 10 | 5 | 5 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 3 | 4 | 5 | 6 | 5 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $525.00M | $1.30B | $471.00M | - | $1.42B | $2.42B | $1.29B | - | $1.24B | $679.00M | $1.44B | - | $1.54B | $1.44B | $1.37B | - | $1.24B | $1.76B | $1.89B |
| Avg Forecast | $1.49B | $1.43B | $1.39B | $1.34B | $1.44B | $1.40B | $1.35B | $1.34B | $1.43B | $1.32B | $1.15B | $1.21B | $1.27B | $1.21B | $1.04B | $3.46B | $1.52B | $1.43B | $948.72M | $1.44B | $1.52B | $1.43B | $675.37M | $1.39B | $1.42B | $1.25B | $1.07B | $1.48B | $1.52B | $1.50B |
| High Forecast | $1.55B | $1.48B | $1.44B | $1.39B | $1.49B | $1.44B | $1.39B | $1.36B | $1.44B | $1.32B | $1.38B | $1.22B | $1.27B | $1.25B | $1.25B | $4.16B | $1.56B | $1.47B | $1.14B | $1.49B | $1.56B | $1.47B | $810.44M | $1.43B | $1.46B | $1.28B | $1.28B | $1.53B | $1.57B | $1.54B |
| Low Forecast | $1.43B | $1.37B | $1.33B | $1.28B | $1.38B | $1.33B | $1.29B | $1.30B | $1.41B | $1.32B | $918.36M | $1.20B | $1.27B | $1.15B | $834.87M | $2.77B | $1.46B | $1.38B | $758.97M | $1.39B | $1.46B | $1.38B | $540.29M | $1.34B | $1.37B | $1.20B | $854.40M | $1.43B | $1.47B | $1.44B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.43% | 1.02% | 0.39% | - | 0.41% | 1.60% | 0.91% | - | 0.86% | 0.45% | 1.01% | - | 1.11% | 1.02% | 1.10% | - | 0.84% | 1.16% | 1.26% |
5 analysts predict HPE's average Quarter EBITDA for May 24 to be $1.15B, with a high of $1.38B and a low of $918.36M. This is 118.66% upper than Hewlett Packard Enterprise Company's previous annual EBITDA (Jan 24) of $525.00M.
Hewlett Packard Enterprise Company Net Income Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 10 | 5 | 5 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 3 | 4 | 5 | 6 | 5 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $387.00M | $642.00M | $464.00M | - | $501.00M | $-304.00M | $409.00M | - | $513.00M | $2.55B | $392.00M | - | $223.00M | $157.00M | $9.00M | - | $333.00M | $480.00M | $-27.00M |
| Avg Forecast | $850.62M | $774.69M | $711.66M | $665.67M | $790.88M | $718.15M | $660.62M | $653.63M | $744.57M | $624.53M | $526.27M | $605.81M | $670.53M | $620.31M | $478.43M | $2.57B | $752.74M | $633.30M | $434.93M | $614.01M | $645.06M | $565.67M | $163.17M | $545.49M | $449.44M | $306.89M | $333.00M | $584.35M | $611.03M | $538.51M |
| High Forecast | $889.87M | $810.44M | $744.51M | $696.40M | $827.37M | $751.29M | $691.11M | $693.64M | $771.65M | $625.12M | $631.53M | $609.02M | $697.36M | $648.94M | $574.11M | $3.09B | $782.03M | $658.10M | $521.92M | $638.05M | $670.33M | $587.82M | $195.80M | $566.86M | $467.05M | $318.91M | $399.60M | $607.23M | $634.96M | $559.60M |
| Low Forecast | $802.74M | $731.09M | $671.61M | $628.21M | $746.37M | $677.73M | $623.44M | $600.27M | $731.04M | $623.95M | $421.02M | $602.60M | $657.12M | $585.40M | $382.74M | $2.06B | $719.00M | $605.07M | $347.95M | $586.64M | $616.30M | $540.46M | $130.54M | $521.18M | $429.41M | $293.21M | $266.40M | $558.31M | $583.79M | $514.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.96% | 0.75% | - | 0.19% | -0.40% | 0.65% | - | 0.84% | 3.96% | 0.69% | - | 0.41% | 0.35% | 0.03% | - | 0.57% | 0.79% | -0.05% |
Hewlett Packard Enterprise Company's average Quarter net income forecast for May 24 is $526.27M, with a range of $421.02M to $631.53M. HPE's average Quarter net income forecast represents a 35.99% increase compared to the company's last Quarter net income of $387.00M (Jan 24).
Hewlett Packard Enterprise Company SG&A Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 10 | 5 | 5 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 3 | 4 | 5 | 6 | 5 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $1.22B | $1.33B | $1.30B | - | $1.26B | $1.26B | $1.23B | - | $1.20B | $1.28B | $1.29B | - | $1.16B | $1.17B | $1.13B | - | $1.22B | $1.23B | $1.25B |
| Avg Forecast | $1.50B | $1.44B | $1.40B | $1.35B | $1.45B | $1.40B | $1.35B | $1.34B | $1.43B | $1.33B | $1.23B | $1.22B | $1.28B | $1.21B | $1.12B | $1.29B | $1.28B | $1.20B | $1.02B | $1.22B | $1.28B | $1.20B | $848.05M | $1.17B | $1.19B | $1.05B | $1.37B | $1.25B | $1.28B | $1.26B |
| High Forecast | $1.55B | $1.49B | $1.45B | $1.39B | $1.50B | $1.45B | $1.40B | $1.37B | $1.44B | $1.33B | $1.48B | $1.22B | $1.28B | $1.26B | $1.34B | $1.55B | $1.32B | $1.24B | $1.22B | $1.25B | $1.32B | $1.24B | $1.02B | $1.21B | $1.23B | $1.08B | $1.64B | $1.29B | $1.32B | $1.30B |
| Low Forecast | $1.43B | $1.38B | $1.34B | $1.29B | $1.39B | $1.34B | $1.29B | $1.30B | $1.42B | $1.33B | $985.66M | $1.21B | $1.27B | $1.16B | $896.05M | $1.03B | $1.23B | $1.16B | $814.59M | $1.18B | $1.24B | $1.16B | $678.44M | $1.13B | $1.15B | $1.02B | $1.10B | $1.21B | $1.24B | $1.22B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.04% | 1.07% | - | 0.97% | 0.99% | 1.02% | - | 0.99% | 1.00% | 1.07% | - | 0.99% | 0.98% | 1.08% | - | 0.97% | 0.96% | 0.99% |
Hewlett Packard Enterprise Company's average Quarter SG&A projection for May 24 is $1.23B, based on 5 Wall Street analysts, with a range of $985.66M to $1.48B. The forecast indicates a 1.32% rise compared to HPE last annual SG&A of $1.22B (Jan 24).
Hewlett Packard Enterprise Company EPS Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 10 | 5 | 5 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 3 | 4 | 5 | 6 | 5 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.29 | $0.50 | $0.36 | - | $0.39 | $-0.23 | $0.31 | - | $0.39 | $1.95 | $0.30 | - | $0.17 | $0.12 | $0.01 | - | $0.26 | $0.37 | $-0.02 |
| Avg Forecast | $0.64 | $0.58 | $0.53 | $0.50 | $0.59 | $0.54 | $0.50 | $0.49 | $0.56 | $0.47 | $0.39 | $0.45 | $0.50 | $0.47 | $0.49 | $0.54 | $0.57 | $0.48 | $0.45 | $0.46 | $0.48 | $0.42 | $0.42 | $0.41 | $0.34 | $0.23 | $0.29 | $0.44 | $0.46 | $0.40 |
| High Forecast | $0.67 | $0.61 | $0.56 | $0.52 | $0.62 | $0.56 | $0.52 | $0.52 | $0.58 | $0.47 | $0.39 | $0.46 | $0.52 | $0.49 | $0.51 | $0.56 | $0.59 | $0.49 | $0.47 | $0.48 | $0.50 | $0.44 | $0.44 | $0.43 | $0.35 | $0.24 | $0.31 | $0.46 | $0.48 | $0.42 |
| Low Forecast | $0.60 | $0.55 | $0.50 | $0.47 | $0.56 | $0.51 | $0.47 | $0.45 | $0.55 | $0.47 | $0.39 | $0.45 | $0.49 | $0.44 | $0.46 | $0.51 | $0.54 | $0.45 | $0.43 | $0.44 | $0.46 | $0.41 | $0.40 | $0.39 | $0.32 | $0.22 | $0.28 | $0.42 | $0.44 | $0.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.99% | 0.77% | - | 0.73% | -0.41% | 0.65% | - | 0.85% | 4.03% | 0.71% | - | 0.42% | 0.36% | 0.04% | - | 0.59% | 0.81% | -0.05% |
According to 5 Wall Street analysts, Hewlett Packard Enterprise Company's projected average Quarter EPS for May 24 is $0.39, with a low estimate of $0.39 and a high estimate of $0.39. This represents a 34.45% increase compared to HPE previous annual EPS of $0.29 (Jan 24).
Hewlett Packard Enterprise Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLFD | Clearfield | $29.18 | $59.60 | 104.25% | Buy |
| NOK | Nokia Oyj | $4.25 | $6.35 | 49.41% | Buy |
| EXTR | Extreme Networks | $15.43 | $20.00 | 29.62% | Buy |
| CSCO | Cisco Systems | $57.50 | $63.09 | 9.72% | Buy |
| INFN | Infinera | $6.61 | $6.67 | 0.91% | Hold |
| JNPR | Juniper Networks | $35.66 | $35.74 | 0.22% | Buy |
| CIEN | Ciena | $66.48 | $65.74 | -1.11% | Buy |
| HPE | Hewlett Packard Enterprise Company | $21.18 | $20.82 | -1.70% | Buy |
| ZBRA | Zebra | $384.53 | $358.22 | -6.84% | Buy |
| NTGR | NETGEAR | $24.10 | $22.00 | -8.71% | Buy |
| LITE | Lumentum | $82.47 | $74.60 | -9.54% | Buy |
| ERIC | Telefonaktiebolaget LM Ericsson (publ) | $7.99 | $6.94 | -13.14% | Hold |
| MSI | Motorola Solutions | $492.60 | $344.83 | -30.00% | Buy |