Hewlett Packard Enterprise Company (HPE)
NYSE: HPE · Real-Time Price · USD
21.61
+0.85 (4.09%)
At close: Dec 20, 2024, 4:00 PM
21.67
+0.06 (0.28%)
After-hours: Dec 20, 2024, 6:52 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 24, with a low estimate of 19 and a high estimate of 29. The average target predicts an increase of 11.06% from the current stock price of 21.61.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 4 | 6 |
| Buy | 2 | 2 | 2 | 2 | 1 | 2 |
| Hold | 9 | 9 | 8 | 9 | 9 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $25 | Hold → Strong Buy | Upgrades | $25 | +15.69% | Dec 19, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $18 → $24 | Hold | Maintains | $18 → $24 | +11.06% | Dec 9, 2024 |
| Barclays | Barclays | Buy Maintains $24 → $27 | Buy | Maintains | $24 → $27 | +24.94% | Dec 6, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $23 → $26 | Hold → Strong Buy | Upgrades | $23 → $26 | +20.31% | Dec 6, 2024 |
| Stifel | Stifel | Strong Buy Maintains $22 → $25 | Strong Buy | Maintains | $22 → $25 | +15.69% | Dec 6, 2024 |
Financial Forecast
Revenue This Year
32.70B
from 30.13B
Increased by 8.55%
Revenue Next Year
34.40B
from 32.70B
Increased by 5.18%
EPS This Year
2.14
from 1.93
Increased by 10.82%
EPS Next Year
2.28
from 2.14
Increased by 6.80%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 34.9B | 38.1B | 38.8B | ||
| Avg | 32.7B | 34.4B | 35.6B | ||
| Low | 30.8B | 31.1B | 32.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.7% | 16.4% | 12.8% | ||
| Avg | 8.5% | 5.2% | 3.6% | ||
| Low | 2.4% | -4.9% | -4.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.34 | 2.63 | 2.63 | ||
| Avg | 2.14 | 2.28 | 2.35 | ||
| Low | 1.95 | 1.83 | 1.98 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.3% | 22.7% | 14.9% | ||
| Avg | 10.8% | 6.8% | 3.0% | ||
| Low | 1.0% | -14.3% | -13.3% |
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.