Hewlett Packard Enterprise Company (HPE)

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 2.33% from the current stock price of 21.71.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18	$22.21	$22	$29
Change	-17.07%	+2.33%	+1.36%	+33.61%

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
Asiya Merchant Citigroup	Citigroup	Hold Maintains $20 → $23	Hold	Maintains	$20 → $23	+5.97%	Nov 19, 2024
Simon Leopold Raymond James	Raymond James	Buy → Strong Buy Upgrades $23 → $29	Buy → Strong Buy	Upgrades	$23 → $29	+33.61%	Nov 18, 2024
Mehdi Hosseini Susquehanna	Susquehanna	Hold Maintains $20	Hold	Maintains	$20	-7.86%	Oct 11, 2024
Matt Niknam Deutsche Bank	Deutsche Bank	Hold Initiates $22	Hold	Initiates	$22	+1.36%	Oct 9, 2024
Tim Long Barclays	Barclays	Hold → Buy Upgrades $20 → $24	Hold → Buy	Upgrades	$20 → $24	+10.57%	Sep 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

30.23B

Increased by 3.75%

from 29.14B

Revenue Next Year

32.47B

Increased by 7.41%

from 30.23B

EPS This Year

1.98

Increased by 28.48%

from 1.54

EPS Next Year

2.12

Increased by 7.39%

from 1.98

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Oct 31, 2019	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026
Revenue	29.14B	26.98B	27.78B	28.50B	29.14B	30.23B	32.47B	33.66B
Revenue Growth	-5.57%	-7.39%	2.97%	2.56%	2.24%	3.75%	7.41%	3.67%
EPS	0.77	-0.25	2.58	0.66	1.54	1.98	2.12	2.25
EPS Growth	-37.55%	-	-	-74.42%	133.33%	28.48%	7.39%	6.07%
Forward PE	-	-	-	-	-	10.97	10.22	9.63
No. Analysts	-	-	-	-	-	21	21	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

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.