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HPE

Hewlett Packard Enterprise Co

NYSE: HPE · TECHNOLOGY · COMMUNICATION EQUIPMENT

$48.17
+2.93% today

Updated 2026-06-12

Market cap
$63.79B
P/E ratio
45.02
P/S ratio
1.64x
EPS (TTM)
$1.07
Dividend yield
1.16%
52W range
$17 – $64
Volume
24.2M

Hewlett Packard Enterprise Co (HPE) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

HPE · Hewlett Packard Enterprise Co · Price target summary

Current
$48.17
Consensus
$26.88
-44.20%
2030 Target
$465.13
+865.60%
DCF
19 analysts:
9 Buy10 Hold1 Sell

Management guidance

HPE raised FY2026 EPS outlook following strong Q1 2026 results. CEO Antonio Neri stated 'Our strategy is paying off' with networking now representing 30% of revenue but over 50% of profits. No specific revenue targets for 2026-2030 were disclosed in available guidance, but the company is executing on AI infrastructure and networking expansion strategies.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

HPE · Hewlett Packard Enterprise Co · Revenue & price projection · 2023–2030E

Actual revenue Projected revenue Base case Bull to bear range
Bear case (2030)
$310.09
$51.6B Rev × 8x P/S
Base case (2030)
$465.13
$51.6B Rev × 12x P/S
Bull case (2030)
$777.68
$51.6B Rev × 20x P/S
WallStSmart.com

Financial forecast — research-backed

Metric20252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$34.3B$41.3B$43.6B$46.1B$48.8B$51.6B
Revenue growth14.1%20.4%5.7%5.6%5.9%5.7%
EPS$1.88$2.38$2.75$3.10$3.50$3.90
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$374.07$393.76$415.91$440.52$465.13

HPE · Hewlett Packard Enterprise Co · Catalysts & risks

Growth catalysts
+ AI infrastructure demand surge from hyperscalers (Meta, Microsoft, others) driving networking and compute sales
+ Juniper Networks acquisition ($14B) integrating high-margin networking business with proven 50%+ profit mix
+ Networking segment expansion to 30%+ of revenue with significantly higher margins (50%+ of profits)
+ 5G SA infrastructure buildout creating enterprise capex cycle for HPE's core infrastructure products
+ Enterprise AI adoption driving new server and storage infrastructure replacement cycle
Key risks
- Juniper acquisition regulatory approval uncertainty and integration execution risk
- Hyperscaler capex volatility creating revenue lumpiness (concentrated customer base risk)
- Geopolitical export controls impacting enterprise and government spending on advanced infrastructure
- Competitive pressure from Dell, Cisco, and cloud-native alternatives in core markets
- Current negative profit margins (-0.3%) and negative EPS (-0.17 TTM) indicate execution challenges

Methodology

Hewlett Packard Enterprise Co's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 19 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.