Hewlett Packard Enterprise Company (HPE)
NYSE: HPE · Real-Time Price · USD
21.73
-0.29 (-1.32%)
At close: Nov 12, 2024, 4:00 PM
21.90
+0.17 (0.78%)
After-hours: Nov 12, 2024, 5:10 PM EST
Hewlett Packard Enterprise Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for HPE stock have an average target of 21.46, with a low estimate of 18 and a high estimate of 26. The average target predicts a decrease of -1.24% from the current stock price of 21.73.
Analyst Consensus: Buy
* Price targets were last updated on Oct 11, 2024.
Analyst Ratings
The average analyst rating for Hewlett Packard Enterprise stock from 13 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 | 3 |
| 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 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $20 | Hold | Maintains | $20 | -7.96% | Oct 11, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $22 | Hold | Initiates | $22 | +1.24% | Oct 9, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $20 → $24 | Hold → Buy | Upgrades | $20 → $24 | +10.45% | Sep 25, 2024 |
| Citigroup | Citigroup | Hold Initiates $20 | Hold | Initiates | $20 | -7.96% | Sep 23, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $21 → $24 | Hold → Strong Buy | Upgrades | $21 → $24 | +10.45% | Sep 17, 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.