Hewlett Packard Enterprise Company (HPE)
NYSE: HPE · IEX Real-Time Price · USD
20.48
-0.19 (-0.92%)
At close: Jul 19, 2024, 4:01 PM
20.54
+0.06 (0.29%)
Pre-market: Jul 22, 2024, 5:11 AM EDT
Hewlett Packard Enterprise Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for HPE stock have an average target of 21.08, with a low estimate of 17 and a high estimate of 26. The average target predicts an increase of 2.93% from the current stock price of 20.48.
Analyst Consensus: Buy
* Price targets were last updated on Jun 21, 2024.
Analyst Ratings
The average analyst rating for Hewlett Packard Enterprise stock from 12 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 2 | 2 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 7 | 9 | 8 | 8 | 9 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 12 | 11 | 11 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Maintains $22 → $24 | Hold | Maintains | $22 → $24 | +17.19% | Jun 21, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $21 | Hold | Maintains | $21 | +2.54% | Jun 20, 2024 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $26 | Hold → Strong Buy | Upgrades | $26 | +26.95% | Jun 7, 2024 |
| UBS | UBS | Hold Maintains $16 → $17 | Hold | Maintains | $16 → $17 | -16.99% | Jun 5, 2024 |
| Bernstein | Bernstein | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | -7.23% | Jun 5, 2024 |
Financial Forecast
Revenue This Year
29.98B
from 29.14B
Increased by 2.90%
Revenue Next Year
31.44B
from 29.98B
Increased by 4.86%
EPS This Year
1.94
from 1.54
Increased by 25.92%
EPS Next Year
2.12
from 1.94
Increased by 9.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.8B | 34.3B | 36.1B | 33.8B | 34.7B |
| Avg | 30.0B | 31.4B | 32.7B | 32.4B | 33.2B |
| Low | 28.4B | 29.7B | 30.4B | 31.3B | 32.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.1% | 14.4% | 14.8% | 3.5% | 7.0% |
| Avg | 2.9% | 4.9% | 3.9% | -0.8% | 2.5% |
| Low | -2.5% | -1.0% | -3.4% | -4.0% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.10 | 2.44 | 2.57 | 2.74 | 3.08 |
| Avg | 1.94 | 2.12 | 2.26 | 2.64 | 2.96 |
| Low | 1.84 | 1.94 | 1.99 | 2.56 | 2.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.4% | 25.6% | 21.5% | 21.5% | 16.7% |
| Avg | 25.9% | 9.2% | 6.5% | 16.9% | 12.3% |
| Low | 19.6% | 0.1% | -6.1% | 13.4% | 8.9% |
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.