- HP Enterprise (HPE, Financial) enhances AI capabilities with Nvidia partnership, unveiling next-gen server solutions.
- Analysts suggest an average one-year price target of $20.73 for HPE, indicating significant growth potential.
- HPE is rated as "Outperform" by 16 brokerage firms, reflecting strong investment potential.
HP Enterprise (HPE) has intensified its partnership with Nvidia, announcing groundbreaking advancements at the HPE Discover event. The collaboration unveiled innovative AI-centric solutions, including the upgraded ProLiant Compute Gen12 servers equipped with Nvidia RTX PRO 6000 GPUs. Additionally, the introduction of the Compute XD690, featuring eight Nvidia Blackwell Ultra GPUs, significantly bolsters AI infrastructure capabilities.
Wall Street Analysts Forecast
According to the insights of 14 analysts, Hewlett Packard Enterprise Co (HPE, Financial) is projected to reach an average target price of $20.73 over the next year. This forecast spans from a high of $26.00 to a low of $16.00, suggesting a potential upside of 13.86% from its current trading price of $18.21. For more comprehensive forecast data, please visit the Hewlett Packard Enterprise Co (HPE) Forecast page.
Hewlett Packard Enterprise Co's (HPE, Financial) consensus recommendation from 16 brokerage firms reflects an average rating of 2.2, categorizing it as "Outperform." This rating is based on a scale from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus' proprietary estimates position the GF Value for Hewlett Packard Enterprise Co (HPE, Financial) at $19.19 within the next year, representing an expected upside of 5.41% from its current price of $18.205. The GF Value metric aligns the stock's fair trading value, derived from historical trading multiples, historical growth patterns, and projected future performance. More detailed insights can be accessed on the Hewlett Packard Enterprise Co (HPE) Summary page.
