Hewlett Packard Enterprise Company (HPE)
NYSE: HPE · Real-Time Price · USD
22.10
+0.36 (1.66%)
At close: Nov 22, 2024, 4:01 PM
22.08
-0.02 (-0.09%)
After-hours: Nov 22, 2024, 6:44 PM EST
Hewlett Packard Enterprise Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for HPE stock have an average target of 22.21, with a low estimate of 18 and a high estimate of 29. The average target predicts an increase of 0.50% from the current stock price of 22.10.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Hewlett Packard Enterprise stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 9 | 9 | 9 | 8 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $20 → $23 | Hold | Maintains | $20 → $23 | +4.07% | Nov 19, 2024 |
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $23 → $29 | Buy → Strong Buy | Upgrades | $23 → $29 | +31.22% | Nov 18, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $20 | Hold | Maintains | $20 | -9.50% | Oct 11, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $22 | Hold | Initiates | $22 | -0.45% | Oct 9, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $20 → $24 | Hold → Buy | Upgrades | $20 → $24 | +8.60% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
30.23B
from 29.14B
Increased by 3.75%
Revenue Next Year
32.47B
from 30.23B
Increased by 7.41%
EPS This Year
1.98
from 1.54
Increased by 28.48%
EPS Next Year
2.12
from 1.98
Increased by 7.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.6B | 35.3B | 36.8B | ||
| Avg | 30.2B | 32.5B | 33.7B | ||
| Low | 29.2B | 30.6B | 31.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.5% | 16.8% | 13.3% | ||
| Avg | 3.7% | 7.4% | 3.7% | ||
| Low | 0.2% | 1.2% | -4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.08 | 2.31 | 2.52 | ||
| Avg | 1.98 | 2.12 | 2.25 | ||
| Low | 1.88 | 1.95 | 1.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.0% | 16.8% | 18.6% | ||
| Avg | 28.5% | 7.4% | 6.1% | ||
| Low | 22.2% | -1.4% | -13.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.