By Sajjl Nooranne
Publication Date: 2026-02-22 12:26:00
We recently published an article titled The 12 Best Data Storage Stocks to Buy Right Now.
On February 18, Morgan Stanley analyst Erik Woodring lowered the company’s price target on Hewlett Packard Enterprise Company (NYSE:HPE) to $23 from $25 and maintained an equal weight rating. While the company anticipates “solid, if not good” prospects for the January quarter and April quarter from off-cycle hardware names, it is increasingly cautious in the memory context, reflecting concerns about potential cyclical moderation within certain IT hardware segments.
On February 4, 2026, HPE’s board of directors declared a dividend of $0.953125 per share on its 7.625% Series C Mandatory Convertible Preferred Stock, payable on March 1 to shareholders of record on February 15, underscoring its commitment to returning capital to preferred investors.
Additionally, Hewlett Packard Enterprise Company (NYSE:HPE) reported fourth-quarter revenue of $9.7 billion, representing 14% year-over-year growth, with non-GAAP operations…
