By Ghazal Ahmed
Publication Date: 2026-06-08 13:08:00
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the
14 AI Stocks Making Wall Street Headlines: Qualcomm, Microsoft and More.
Hewlett Packard Enterprise Company (NYSE:HPE) is getting a more positive view from analysts due to its strong and sustainable demand. On June 2, Barclays analyst Tim Long raised his price target on the stock to $67.00 (from $28.00), while maintaining an Overweight rating.
The company’s analysts have raised their estimates for HPE to reflect strong demand and average selling price benefits. Accordingly, it has raised its guidance for the third and fourth quarters of FY26 and FY27.
We maintain our OW rating, given the strength and sustainability of demand. We increased our PT to $67 with 15 times our FY28 EPS of $4.44 from our previous PT of $28 with 10 times our FY27 EPS of $2.75 given sustained demand.
The increase in the price target is a reflection of expectations of sustained demand…
