What is HPE stock forecast?

Hewlett Packard Enterprise Co forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is HPE undervalued based on price targets?

Our DCF intrinsic value for Hewlett Packard Enterprise Co is $124.72, against a current price of $28.30. The margin of safety is 80.91%.

HPE

Hewlett Packard Enterprise Co

NYSE: HPE · TECHNOLOGY · COMMUNICATION EQUIPMENT

$28.30

+1.25% today

Updated 2026-04-29

Market cap

$37.55B

P/E ratio

—

P/S ratio

1.05x

EPS (TTM)

$-0.17

Dividend yield

1.91%

52W range

$16 – $30

Volume

17.6M

Market cap

$37.55B

P/E ratio

—

P/S ratio

1.05x

EPS (TTM)

$-0.17

Dividend yield

1.91%

52W range

$16 – $30

Volume

17.6M

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

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

Price target summary

Current

$28.30

Consensus

$26.88

-5.02%

2030 Target

$465.13

+1543.57%

DCF

$124.72

+80.91% MoS

Current price

$28.30

Analyst consensus

$26.88

-5.02%

2030 Target

$465.13

+1543.57%

Intrinsic (DCF)

$124.72

+80.91% MoS

19 analysts:

9 Buy10 Hold0 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

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$777.68

$51.6B Rev × 20x P/S

Base case (2030)

$465.13

$51.6B Rev × 12x P/S

Bear case (2030)

$310.09

$51.6B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$29.1B	$30.1B	$34.3B	$41.3B	$43.6B	$46.1B	$48.8B	$51.6B
Revenue growth	—	3.3%	14.1%	20.4%	5.7%	5.6%	5.9%	5.7%
EPS	$2.16	$1.98	$1.93	$2.38	$2.75	$3.10	$3.50	$3.90
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$374.07	$393.76	$415.91	$440.52	$465.13

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.