Hewlett Packard Enterprise Company (HPE)
NYSE: HPE · IEX Real-Time Price · USD
17.05
+0.02 (0.09%)
Apr 18, 2024, 10:25 AM EDT - Market open
Hewlett Packard Enterprise Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for HPE stock have an average target of 17.91, with a low estimate of 14 and a high estimate of 20. The average target predicts an increase of 5.07% from the current stock price of 17.05.
Analyst Consensus: Hold
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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 4 | 4 | 3 | 3 | 2 | 2 |
| Hold | 8 | 8 | 7 | 7 | 9 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 10 | 10 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | +11.47% | Apr 17, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $16 → $19 | Hold | Maintains | $16 → $19 | +11.47% | Apr 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $20 → $18 | Strong Buy | Maintains | $20 → $18 | +5.60% | Mar 1, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $21 → $17 | Buy → Hold | Downgrades | $21 → $17 | -0.26% | Mar 1, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $19 → $18 | Hold | Maintains | $19 → $18 | +5.60% | Mar 1, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.