On July 8, 2025, Wolfe Research, a renowned financial services firm, initiated coverage on Hewlett Packard (HPE, Financial). The coverage was announced with a "Peer Perform" rating, a common classification indicating that the stock is expected to perform in line with other companies in its sector.
The analyst behind this initiation is George Notter, who is well-regarded for his expertise in the technology sector. Notter did not specify a price target for Hewlett Packard (HPE, Financial), focusing instead on the stock's potential to perform consistently with its industry peers.
Hewlett Packard (HPE, Financial) is listed on the New York Stock Exchange, though exchange-specific details are typically not included in analyst ratings. The new coverage from Wolfe Research is part of the ongoing analysis and monitoring that helps investors make informed decisions about their stock portfolios.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Hewlett Packard Enterprise Co (HPE, Financial) is $21.44 with a high estimate of $29.00 and a low estimate of $16.00. The average target implies an upside of 3.07% from the current price of $20.81. More detailed estimate data can be found on the Hewlett Packard Enterprise Co (HPE) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Hewlett Packard Enterprise Co's (HPE, Financial) average brokerage recommendation is currently 2.2, 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 $19.78, suggesting a downside of 4.93% from the current price of $20.805. 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.