On May 20, 2025, Evercore ISI Group took a positive stance on Hewlett Packard (HPE, Financial) by upgrading their rating from "In-Line" to "Outperform." This upgrade reflects the analyst's confidence in HPE's future performance and market potential.
The analyst responsible for this upgrade, Amit Daryanani, also raised HPE's price target significantly. The new price target has been increased to $22.00 USD, up from the previous target of $17.00 USD. This adjustment represents a 29.41% increase, indicating a strong belief in the company's upward momentum.
This latest upgrade by Evercore ISI Group highlights a growing optimism in HPE's business strategies and market position. Investors and market observers will be closely watching how Hewlett Packard performs in the coming months following this bullish evaluation.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Hewlett Packard Enterprise Co (HPE, Financial) is $18.05 with a high estimate of $24.11 and a low estimate of $14.00. The average target implies an upside of 3.37% from the current price of $17.46. More detailed estimate data can be found on the Hewlett Packard Enterprise Co (HPE) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Hewlett Packard Enterprise Co's (HPE, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hewlett Packard Enterprise Co (HPE, Financial) in one year is $17.92, suggesting a upside of 2.63% from the current price of $17.46. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hewlett Packard Enterprise Co (HPE) Summary page.
