Hewlett Packard (HPE)

• Market cap: $27.5B
• 1 day: -2.76%
• 5 days: -0.70%
• 1 month: -10.80%
• 3 months: -2.76%
• 6 months: 11.97%
• Year to date: -1.54%
• 1 year: 41.78%
• 5 years: 49.08%
• 10 years: 27.73%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

87% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 83

31% more repeat investments, than reductions

Existing positions increased: 406 | Existing positions reduced: 309

26% more call options, than puts

Call options by funds: $464M | Put options by funds: $367M

14% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 8 (+1) [Q4]

4% more funds holding

Funds holding: 1,001 [Q3] → 1,046 (+45) [Q4]

2% more capital invested

Capital invested by funds: $22.5B [Q3] → $23.1B (+$556M) [Q4]

2.56% less ownership

Funds ownership: 84.71% [Q3] → 82.15% (-2.56%) [Q4]

Research analyst outlook

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

• Low target: $24 14% upside
• Avg. target: $26 22% upside
• High target: $28 32% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

Deutsche Bank Matt Niknam 100% 1-year accuracy 1 / 1 met price target	18% upside $25	Buy Upgraded	19 Dec 2024
Loop Capital Ananda Baruah 68% 1-year accuracy 23 / 34 met price target	14% upside $24	Hold Maintained	9 Dec 2024
Barclays Tim Long 55% 1-year accuracy 31 / 56 met price target	28% upside $27	Overweight Maintained	6 Dec 2024
Citigroup Asiya Merchant 59% 1-year accuracy 19 / 32 met price target	23% upside $26	Buy Upgraded	6 Dec 2024
Stifel Matthew Sheerin 72% 1-year accuracy 21 / 29 met price target	18% upside $25	Buy Maintained	6 Dec 2024