Hewlett Packard Enterprise Company (HPE) Stock Forecast, Price Target & Predictions


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HPE Stock Forecast


Hewlett Packard Enterprise Company stock forecast is as follows: an average price target of $19.06 (represents a 11.14% upside from HPE’s last price of $17.15) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.

HPE Price Target


The average price target for Hewlett Packard Enterprise Company (HPE) is $19.06 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $14.00. This represents a potential 11.14% upside from HPE's last price of $17.15.

HPE Analyst Ratings


Hold

According to 13 Wall Street analysts, Hewlett Packard Enterprise Company's rating consensus is 'Hold'. The analyst rating breakdown for HPE stock is 0 'Strong Buy' (0.00%), 5 'Buy' (38.46%), 8 'Hold' (61.54%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Hewlett Packard Enterprise Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 05, 2024Matthew SheerinStifel Nicolaus$22.00$17.8023.56%28.28%
Jun 07, 2024Jim KelleherArgus Research$26.00$19.5932.72%51.60%
Jun 05, 2024David VogtUBS$17.00$19.48-12.73%-0.87%
Jun 05, 2024Mehdi HosseiniSusquehanna$20.00$20.11-0.55%16.62%
Jun 05, 2024Aaron RakersWells Fargo$22.00$17.6025.00%28.28%
Jun 05, 2024Amit DaryananiEvercore ISI$22.00$17.6025.00%28.28%
Apr 17, 2024Aaron RakersWells Fargo$19.00$17.1410.85%10.79%
Feb 16, 2024Meta MarshallMorgan Stanley$16.00$15.264.85%-6.71%
Nov 27, 2023Asiya MerchantCitigroup$18.00$15.7614.19%4.96%
May 31, 2023Mehdi HosseiniSusquehanna$16.00$14.5210.23%-6.71%
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The latest Hewlett Packard Enterprise Company stock forecast, released on Sep 05, 2024 by Matthew Sheerin from Stifel Nicolaus, set a price target of $22.00, which represents a 23.56% increase from the stock price at the time of the forecast ($17.80), and a 28.28% increase from HPE last price ($17.15).

Hewlett Packard Enterprise Company Price Target by Period


1M3M12M
# Anlaysts119
Avg Price Target$22.00$22.00$20.22
Last Closing Price$17.15$17.15$17.15
Upside/Downside28.28%28.28%17.90%

In the current month, the average price target of Hewlett Packard Enterprise Company stock is $22.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 28.28% increase as opposed to Hewlett Packard Enterprise Company's last price of $17.15. This month's average price target is down 0.00% compared to last quarter, and up 8.80% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 10, 2024CitigroupNeutralNeutralHold
Sep 09, 2024Loop Capital MarketsHoldHoldHold
Sep 06, 2024UBSEqual-WeightEqual-WeightHold
Sep 06, 2024SusquehannaUnderperformUnderperformHold
Jun 05, 2024Evercore ISIOutperformOutperformHold
Jun 05, 2024UBSNeutralNeutralHold
Jun 05, 2024SusquehannaNeutralNeutralHold
Jun 05, 2024BernsteinMarket PerformMarket PerformHold
Jun 05, 2024Wells FargoOverweightOverweightHold
Jun 05, 2024UBSMixedMixedHold
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Hewlett Packard Enterprise Company's last stock rating was published by Citigroup on Sep 10, 2024. The company gave HPE a "Neutral" rating, the same as its previous rate.

Hewlett Packard Enterprise Company Financial Forecast


Hewlett Packard Enterprise Company Revenue Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
Revenue-----------$6.75B$7.35B$7.00B-$7.81B$7.87B$6.95B$6.71B$6.96B$7.35B$6.90B$6.70B$6.83B$7.21B$6.82B$6.01B$6.95B$7.21B$7.22B
Avg Forecast$8.64B$8.29B$8.06B$7.76B$8.31B$8.03B$7.77B$7.72B$8.24B$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$8.89B$8.53B$8.29B$7.98B$8.55B$8.26B$7.99B$7.91B$8.30B$7.89B$7.02B$7.21B$7.37B$7.19B$7.51B$7.66B$7.58B$7.05B$6.99B$7.21B$7.58B$7.13B$6.78B$6.92B$7.07B$6.22B$6.48B$7.41B$7.60B$7.47B
Low Forecast$8.43B$8.08B$7.86B$7.57B$8.10B$7.83B$7.58B$7.52B$8.21B$7.48B$6.65B$6.83B$7.34B$6.81B$7.12B$7.26B$7.19B$6.77B$6.62B$6.86B$7.21B$6.78B$6.46B$6.59B$6.73B$5.92B$6.16B$7.05B$7.23B$7.11B
# Analysts333333367634846453536464854863
Surprise %-----------0.96%1.00%1.00%-1.05%1.07%1.00%0.99%0.99%1.00%0.99%1.01%1.01%1.05%1.12%0.95%0.96%0.98%0.99%

Hewlett Packard Enterprise Company's average Quarter revenue forecast for May 24 based on 3 analysts is $6.82B, with a low forecast of $6.65B, and a high forecast of $7.02B. 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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
# Analysts333333367634846453536464854863
EBITDA-----------$525.00M$1.30B$471.00M-$1.42B$2.42B$1.29B$1.02B$1.24B$679.00M$1.44B$1.36B$1.54B$1.44B$1.37B$1.98B$1.24B$1.76B$1.89B
Avg Forecast$1.78B$1.70B$1.66B$1.60B$1.71B$1.65B$1.60B$1.59B$1.69B$1.58B$1.15B$1.44B$1.51B$1.44B$1.04B$1.53B$970.56M$1.43B$1.40B$3.15B$882.32M$848.67M$675.37M$708.44M$370.09M$-335.17M$1.07B$1.25B$321.13M$940.97M
High Forecast$1.83B$1.75B$1.70B$1.64B$1.76B$1.70B$1.64B$1.63B$1.71B$1.62B$1.38B$1.48B$1.52B$1.48B$1.25B$1.57B$1.16B$1.45B$1.44B$3.78B$1.06B$1.02B$810.44M$850.13M$444.10M$-268.14M$1.28B$1.50B$385.35M$1.13B
Low Forecast$1.73B$1.66B$1.62B$1.56B$1.67B$1.61B$1.56B$1.55B$1.69B$1.54B$918.36M$1.40B$1.51B$1.40B$834.87M$1.49B$776.45M$1.39B$1.36B$2.52B$705.86M$678.93M$540.29M$566.75M$296.07M$-402.21M$854.40M$1.00B$256.90M$752.78M
Surprise %-----------0.36%0.86%0.33%-0.93%2.50%0.91%0.73%0.39%0.77%1.70%2.02%2.17%3.90%-4.09%1.86%0.99%5.48%2.01%

3 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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
# Analysts333333367634846453536464854863
Net Income-----------$387.00M$642.00M$464.00M-$501.00M$-304.00M$409.00M$250.00M$513.00M$2.55B$392.00M$259.00M$223.00M$157.00M$9.00M$-821.00M$333.00M$480.00M$-27.00M
Avg Forecast$842.54M$767.45M$723.65M$641.42M$779.50M$709.54M$655.40M$643.13M$737.86M$624.53M$526.27M$605.81M$670.53M$620.31M$478.43M$715.28M$346.19M$629.97M$595.87M$2.34B$314.71M$234.33M$163.17M$143.15M$5.48M$-1.02B$333.00M$448.70M$-23.63M$362.38M
High Forecast$873.81M$795.92M$750.50M$665.23M$808.43M$735.88M$679.72M$669.38M$751.27M$647.71M$631.53M$628.29M$697.36M$643.33M$574.11M$741.83M$415.42M$644.18M$617.65M$2.81B$377.66M$281.20M$195.80M$171.78M$6.57M$-815.34M$399.60M$538.43M$-18.90M$434.85M
Low Forecast$815.14M$742.48M$700.11M$620.57M$754.15M$686.47M$634.09M$590.64M$697.61M$604.22M$421.02M$586.11M$657.12M$600.13M$382.74M$692.03M$276.95M$611.34M$575.66M$1.87B$251.77M$187.47M$130.54M$114.52M$4.38M$-1.22B$266.40M$358.96M$-28.35M$289.90M
Surprise %-----------0.64%0.96%0.75%-0.70%-0.88%0.65%0.42%0.22%8.11%1.67%1.59%1.56%28.66%-0.01%-2.47%0.74%-20.32%-0.07%

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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
# Analysts333333367634846453536464854863
SG&A-----------$1.22B$1.33B$1.30B-$1.26B$1.26B$1.23B$1.25B$1.20B$1.28B$1.29B$1.20B$1.16B$1.17B$1.13B$1.11B$1.22B$1.23B$1.25B
Avg Forecast$1.50B$1.44B$1.40B$1.35B$1.44B$1.39B$1.35B$1.34B$1.43B$1.33B$1.23B$1.22B$1.28B$1.21B$1.12B$1.29B$1.14B$1.20B$1.18B$1.17B$1.04B$1.08B$848.05M$1.11B$779.13M$1.53B$1.37B$948.80M$1.27B$1.11B
High Forecast$1.54B$1.48B$1.44B$1.39B$1.48B$1.43B$1.39B$1.37B$1.44B$1.37B$1.48B$1.25B$1.28B$1.25B$1.34B$1.33B$1.37B$1.22B$1.21B$1.41B$1.24B$1.30B$1.02B$1.33B$934.96M$1.84B$1.64B$1.14B$1.52B$1.34B
Low Forecast$1.46B$1.40B$1.36B$1.31B$1.41B$1.36B$1.32B$1.31B$1.42B$1.30B$985.66M$1.19B$1.27B$1.18B$896.05M$1.26B$912.09M$1.18B$1.15B$938.67M$829.18M$867.85M$678.44M$889.15M$623.30M$1.23B$1.10B$759.04M$1.01B$891.16M
Surprise %-----------1.00%1.04%1.07%-0.97%1.11%1.02%1.06%1.02%1.23%1.19%1.41%1.04%1.50%0.74%0.81%1.28%0.97%1.12%

Hewlett Packard Enterprise Company's average Quarter SG&A projection for May 24 is $1.23B, based on 3 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 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
# Analysts333333367634846453536464854863
EPS-----------$0.29$0.50$0.36-$0.39$-0.23$0.31$0.19$0.39$1.95$0.30$0.20$0.17$0.12$0.01$-0.64$0.26$0.37$-0.02
Avg Forecast$0.63$0.58$0.54$0.48$0.59$0.53$0.49$0.48$0.55$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$0.66$0.60$0.56$0.50$0.61$0.55$0.51$0.50$0.56$0.49$0.40$0.47$0.52$0.48$0.50$0.56$0.59$0.49$0.47$0.48$0.50$0.44$0.43$0.42$0.35$0.24$0.31$0.45$0.47$0.42
Low Forecast$0.61$0.56$0.53$0.47$0.57$0.52$0.48$0.44$0.52$0.45$0.38$0.44$0.49$0.45$0.47$0.52$0.55$0.46$0.44$0.45$0.47$0.41$0.41$0.40$0.33$0.22$0.29$0.43$0.45$0.39
Surprise %-----------0.64%0.99%0.77%-0.73%-0.41%0.65%0.42%0.85%4.03%0.71%0.48%0.42%0.36%0.04%-2.17%0.59%0.81%-0.05%

According to 3 Wall Street analysts, Hewlett Packard Enterprise Company's projected average Quarter EPS for May 24 is $0.39, with a low estimate of $0.38 and a high estimate of $0.40. 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CLFDClearfield$39.64$61.6055.40%Buy
NOKNokia Oyj$4.20$6.3551.19%Buy
LITELumentum$55.78$74.6033.74%Buy
EXTRExtreme Networks$14.85$19.3330.17%Buy
CSCOCisco Systems$49.80$62.1324.76%Buy
CIENCiena$56.17$64.7415.26%Buy
HPEHewlett Packard Enterprise Company$17.15$19.0611.14%Hold
ZBRAZebra$337.48$354.004.90%Hold
INFNInfinera$6.46$6.673.25%Buy
NTGRNETGEAR$21.94$22.000.27%Buy
ERICTelefonaktiebolaget LM Ericsson (publ)$7.46$6.94-6.97%Hold
JNPRJuniper Networks$38.60$35.47-8.11%Buy
MSIMotorola Solutions$441.76$344.83-21.94%Buy

HPE Forecast FAQ


No, according to 13 Wall Street analysts, Hewlett Packard Enterprise Company (HPE) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 38.46% of HPE's total ratings.

Hewlett Packard Enterprise Company (HPE) average price target is $19.06 with a range of $14 to $26, implying a 11.14% from its last price of $17.15. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for HPE stock, the company can go up by 11.14% (from the last price of $17.15 to the average price target of $19.06), up by 51.60% based on the highest stock price target, and down by -18.37% based on the lowest stock price target.

HPE's average twelve months analyst stock price target of $19.06 does not support the claim that Hewlett Packard Enterprise Company can reach $30 in the near future.

1 Wall Street analyst forecast a $22 price target for Hewlett Packard Enterprise Company (HPE) this month, up 28.28% from its last price of $17.15. Compared to the last 3 and 12 months, the average price target increased by 28.28% and increased by 17.90%, respectively.

Hewlett Packard Enterprise Company's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $31.84B (high $32.71B, low $31.03B), average EBITDA is $6.55B (high $6.73B, low $6.38B), average net income is $2.79B (high $2.89B, low $2.67B), average SG&A $5.52B (high $5.68B, low $5.39B), and average EPS is $2.09 (high $2.17, low $2). HPE's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $32.75B (high $33.68B, low $31.93B), average EBITDA is $6.73B (high $6.93B, low $6.57B), average net income is $2.98B (high $3.09B, low $2.88B), average SG&A $5.68B (high $5.85B, low $5.54B), and average EPS is $2.23 (high $2.32, low $2.16).

Based on Hewlett Packard Enterprise Company's last annual report (Oct 2023), the company's revenue was $29.14B, beating the average analysts forecast of $29.1B by 0.11%. Apple's EBITDA was $5.36B, missing the average prediction of $5.53B by -3.10%. The company's net income was $2.02B, missing the average estimation of $2.48B by -18.50%. Apple's SG&A was $5.16B, beating the average forecast of $4.9B by 5.24%. Lastly, the company's EPS was $1.56, missing the average prediction of $1.99 by -21.67%. In terms of the last quarterly report (Jan 2024), Hewlett Packard Enterprise Company's revenue was $6.76B, missing the average analysts' forecast of $7.01B by -3.59%. The company's EBITDA was $525M, missing the average prediction of $1.44B by -63.56%. Hewlett Packard Enterprise Company's net income was $387M, missing the average estimation of $605.81M by -36.12%. The company's SG&A was $1.22B, beating the average forecast of $1.22B by 0.01%. Lastly, the company's EPS was $0.29, missing the average prediction of $0.455 by -36.24%