Hewlett Packard Enterprise Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Hewlett Packard Enterprise Company HPE will release its first-quarter financial results after the closing bell on Thursday, March 6.

Analysts expect the Spring, Texas-based company to report quarterly earnings at 50 cents per share, up from 48 cents per share in the year-ago period. Hewlett Packard Enterprise projects quarterly revenue of $7.81 billion, compared to $6.75 billion a year earlier, according to data from Benzinga Pro.

On Feb. 13, Hewlett Packard Enterprise announced that it has shipped its first NVIDIA Blackwell family-based solution, the NVIDIA GB200 NVL72.

Hewlett Packard Enterprise shares fell 3.5% to trade at $18.23 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Loop Capital analyst Ananda Baruah maintained a Hold rating and raised the price target from $18 to $24 on Dec. 9, 2024. This analyst has an accuracy rate of 73%.
Barclays analyst Tim Long maintained an Overweight rating and increased the price target from $24 to $27 on Dec. 6, 2024. This analyst has an accuracy rate of 74%.
Stifel analyst Matthew Sheerin maintained a Buy rating and increased the price target from $22 to $25 on Dec. 6, 2024. This analyst has an accuracy rate of 70%.
Morgan Stanley analyst Meta Marshall upgraded the stock from Equal-Weight to Overweight and raised the price target from $23 to $28 on Dec. 5, 2024. This analyst has an accuracy rate of 75%.
Raymond James analyst Simon Leopold upgraded the stock from Outperform to Strong Buy and increased the price target from $23 to $29 on Nov. 18, 2024. This analyst has an accuracy rate of 69%.

Considering buying HPE stock? Here’s what analysts think: