HPE stock icon

Hewlett Packard
HPE

$20.81
2.01%

Market Cap: 27B

 

About: Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.

Employees: 62,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 18 analysts
0
News positive %
of 40 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

61% more call options, than puts

Call options by funds: $273M | Put options by funds: $169M

6% more capital invested

Capital invested by funds: $17.8B [Q4 2023] → $18.8B (+$1.05B) [Q1 2024]

1.16% more ownership

Funds ownership: 80.58% [Q4 2023] → 81.74% (+1.16%) [Q1 2024]

4% more repeat investments, than reductions

Existing positions increased: 310 | Existing positions reduced: 297

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

2% less funds holding

Funds holding: 877 [Q4 2023] → 860 (-17) [Q1 2024]

16% less first-time investments, than exits

New positions opened: 87 | Existing positions closed: 104

Research analyst outlook

18 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$14
33%
downside
Avg. target
$20
4%
downside
High target
$26
25%
upside

18 analyst ratings

positive
17%
15 neutral
83%
negative
0%
B of A Securities
Wamsi Mohan
15%upside
$24
Neutral
Maintained
21 Jun 2024
Morgan Stanley
Meta Marshall
1%upside
$21
Equal-Weight
Maintained
20 Jun 2024
Argus Research
James Kelleher
25%upside
$26
Buy
Upgraded
7 Jun 2024
UBS
David Vogt
18%downside
$17
Neutral
Maintained
5 Jun 2024
Bernstein
Toni Sacconaghi
9%downside
$19
Market Perform
Maintained
5 Jun 2024

Financial journalist opinion

Based on 40 articles about HPE published over the past 30 days