Hewlett Packard (HPE)

• Market cap: $30.8B
• 1 day: 2.42%
• 5 days: 6.95%
• 1 month: 8.62%
• 3 months: 18.68%
• 6 months: 15.10%
• Year to date: 10.39%
• 1 year: 52.90%
• 5 years: 59.06%
• 10 years: 43.20%
• 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, 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

Fund manager confidence

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

56% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 87

56% more call options, than puts

Call options by funds: $630M | Put options by funds: $405M

36% more repeat investments, than reductions

Existing positions increased: 398 | Existing positions reduced: 293

4% more funds holding

Funds holding: 961 [Q2] → 996 (+35) [Q3]

1.4% more ownership

Funds ownership: 83.11% [Q2] → 84.51% (+1.4%) [Q3]

2% less capital invested

Capital invested by funds: $22.9B [Q2] → $22.5B (-$389M) [Q3]

13% less funds holding in top 10

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

Research analyst outlook

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

• Low target: $24 1% upside
• Avg. target: $26 11% upside
• High target: $29 22% upside

7 analyst ratings

• positive: 6 86%
• neutral: 1 14%
• negative: 0 0%

Deutsche Bank Matt Niknam 100% 1-year accuracy 1 / 1 met price target	5% upside $25	Buy Upgraded	19 Dec 2024
Loop Capital Ananda Baruah 58% 1-year accuracy 18 / 31 met price target	1% upside $24	Hold Maintained	9 Dec 2024
Barclays Tim Long 58% 1-year accuracy 31 / 53 met price target	14% upside $27	Overweight Maintained	6 Dec 2024
Citigroup Asiya Merchant 46% 1-year accuracy 13 / 28 met price target	10% upside $26	Buy Upgraded	6 Dec 2024
Stifel Matthew Sheerin 58% 1-year accuracy 15 / 26 met price target	5% upside $25	Buy Maintained	6 Dec 2024