Hewlett Packard
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
8 analyst ratings
Deutsche Bank Matt Niknam 100% 1-year accuracy 1 / 1 met price target | 16%upside $25 | Buy Upgraded | 19 Dec 2024 |
Loop Capital Ananda Baruah 57% 1-year accuracy 17 / 30 met price target | 11%upside $24 | Hold Maintained | 9 Dec 2024 |
Barclays Tim Long 54% 1-year accuracy 29 / 54 met price target | 25%upside $27 | Overweight Maintained | 6 Dec 2024 |
Citigroup Asiya Merchant 48% 1-year accuracy 13 / 27 met price target | 20%upside $26 | Buy Upgraded | 6 Dec 2024 |
Stifel Matthew Sheerin 58% 1-year accuracy 15 / 26 met price target | 16%upside $25 | Buy Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 42 articles about HPE published over the past 30 days