Hewlett Packard (HPE)

• Market cap: $28.8B
• 1 day: 0.32%
• 5 days: 1.02%
• 1 month: -1.44%
• 3 months: 15.94%
• 6 months: 6.94%
• Year to date: 29.30%
• 1 year: 27.05%
• 5 years: 37.50%
• 10 years: 32.27%
• Sector: Information Technology
• Industry: Computer & Office Equipment

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. Its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.

Employees: 61,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

57% more call options, than puts

Call options by funds: $629M | Put options by funds: $400M

36% more repeat investments, than reductions

Existing positions increased: 398 | Existing positions reduced: 293

34% more first-time investments, than exits

New positions opened: 135 | Existing positions closed: 101

4% more funds holding

Funds holding: 961 [Q2] → 995 (+34) [Q3]

0.81% more ownership

Funds ownership: 81.82% [Q2] → 82.63% (+0.81%) [Q3]

2% less capital invested

Capital invested by funds: $22.5B [Q2] → $22B (-$534M) [Q3]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 9% downside
• Avg. target: $26 16% upside
• High target: $29 32% upside

8 analyst ratings

• positive: 6 75%
• neutral: 2 25%
• negative: 0 0%

Deutsche Bank Matt Niknam 100% 1-year accuracy 1 / 1 met price target	14% upside $25	Buy Upgraded	19 Dec 2024
Loop Capital Ananda Baruah 50% 1-year accuracy 15 / 30 met price target	10% upside $24	Hold Maintained	9 Dec 2024
Barclays Tim Long 54% 1-year accuracy 29 / 54 met price target	23% upside $27	Overweight Maintained	6 Dec 2024
Citigroup Asiya Merchant 37% 1-year accuracy 10 / 27 met price target	19% upside $26	Buy Upgraded	6 Dec 2024
Stifel Matthew Sheerin 50% 1-year accuracy 13 / 26 met price target	14% upside $25	Buy Maintained	6 Dec 2024