Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.700-1.900 for the period, compared to the consensus EPS estimate of 2.130. The company issued revenue guidance of $32.2 billion-$33.4 billion, compared to the consensus revenue estimate of $32.5 billion. Hewlett Packard Enterprise also updated its Q2 2025 guidance to 0.280-0.340 EPS.
Analyst Ratings Changes
A number of equities analysts have recently commented on the company. Stifel Nicolaus boosted their price objective on Hewlett Packard Enterprise from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Citigroup raised shares of Hewlett Packard Enterprise from a “neutral” rating to a “buy” rating and increased their price objective for the company from $23.00 to $26.00 in a research report on Friday, December 6th. Morgan Stanley raised shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $23.00 to $28.00 in a research report on Thursday, December 5th. Loop Capital boosted their target price on shares of Hewlett Packard Enterprise from $18.00 to $24.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. Finally, Deutsche Bank Aktiengesellschaft upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Thursday, December 19th. Six equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.
Get Our Latest Stock Analysis on Hewlett Packard Enterprise
Hewlett Packard Enterprise Price Performance
Insider Buying and Selling
In other news, Director Gary M. Reiner sold 50,000 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $23.47, for a total value of $1,173,500.00. Following the completion of the transaction, the director now owns 104,192 shares in the company, valued at $2,445,386.24. This trade represents a 32.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Jeremy Cox sold 7,771 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $23.00, for a total transaction of $178,733.00. Following the completion of the sale, the senior vice president now owns 61,735 shares in the company, valued at $1,419,905. This represents a 11.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 332,166 shares of company stock valued at $7,300,629. 0.36% of the stock is owned by insiders.
About Hewlett Packard Enterprise
Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.
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