Hewlett Packard Enterprise Company (HPE)
NYSE: HPE · IEX Real-Time Price · USD
17.26
-0.16 (-0.92%)
At close: Apr 15, 2024, 4:00 PM
17.34
+0.08 (0.46%)
Pre-market: Apr 16, 2024, 4:01 AM EDT

Hewlett Packard Enterprise Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for HPE stock have an average target of 17.73, with a low estimate of 14 and a high estimate of 20. The average target predicts an increase of 2.72% from the current stock price of 17.26.

Analyst Consensus: Hold
Target Low Average Median High
Price $14 $17.73 $18 $20
Change -18.89% +2.72% +4.29% +15.87%

Analyst Ratings

The average analyst rating for Hewlett Packard Enterprise stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 000011
Buy 443322
Hold 887798
Sell 000000
Strong Sell 110000
Total 131310101211

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Hold
Maintains
$16$19
Hold Maintains $16$19 +10.08% Apr 15, 2024
Stifel
Stifel
Strong Buy
Maintains
$20$18
Strong Buy Maintains $20$18 +4.29% Mar 1, 2024
Wells Fargo
Wells Fargo
Hold
Downgrades
$21$17
Hold Downgrades $21$17 -1.51% Mar 1, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$19$18
Hold Maintains $19$18 +4.29% Mar 1, 2024
Barclays
Barclays
Hold
Maintains
$15$14
Hold Maintains $15$14 -18.89% Mar 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
29.46B
from 29.14B
Increased by 1.10%
Revenue Next Year
30.72B
from 29.46B
Increased by 4.29%
EPS This Year
1.90
from 1.54
Increased by 23.14%
EPS Next Year
2.06
from 1.90
Increased by 8.71%
Year 2019202020212022202320242025202620272028
Revenue
29.14B26.98B27.78B28.50B29.14B29.46B30.72B31.39B32.63B33.45B
Revenue Growth
-5.57%-7.39%2.97%2.56%2.24%1.10%4.29%2.17%3.97%2.52%
EPS
0.77-0.252.580.661.541.902.062.112.653.05
EPS Growth
-37.40%---74.42%133.33%23.14%8.71%2.39%25.36%15.27%
No. Analysts -----1817622
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 30.8B 32.5B 33.3B 33.9B 34.8B
Avg 29.5B 30.7B 31.4B 32.6B 33.5B
Low 28.2B 29.1B 29.9B 31.7B 32.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
5.8%
10.3%
8.5%
8.1%
6.6%
Avg
1.1%
4.3%
2.2%
4.0%
2.5%
Low
-3.1%
-1.2%
-2.6%
0.9%
-0.5%

EPS Forecast

EPS 20242025202620272028
High 2.03 2.35 2.23 2.75 3.17
Avg 1.90 2.06 2.11 2.65 3.05
Low 1.79 1.85 1.97 2.57 2.96

EPS Growth

EPS Growth 20242025202620272028
High
31.6%
24.0%
8.0%
30.3%
19.8%
Avg
23.1%
8.7%
2.4%
25.4%
15.3%
Low
16.5%
-2.3%
-4.5%
21.6%
11.8%
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.