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Barclays Raises Hewlett Packard Enterprise (HPE) Price Target on Sustained Demand Strength

Barclays Raises Hewlett Packard Enterprise (HPE) Price Target on Sustained Demand Strength

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the

14 AI Stocks Making Headlines on Wall Street: Qualcomm, Microsoft, and More.

Hewlett Packard Enterprise Company (NYSE:HPE) is drawing a more positive view from analysts based on its robust and sustainable demand. On June 2, Barclays analyst Tim Long raised the price target on the stock to $67.00 (from $28.00) while maintaining an Overweight rating.

Firm analysts have raised its estimates for HPE to reflect robust demand and average selling price benefits. Consequently, it has raised its forecasts for Q3 and Q4 of FY26 and FY27.

We maintain our OW rating, given the strength and sustainability of demand. We increase our PT to $67 on 15x our FY28 EPS of $4.44 from our…

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