5 Best Data Center Stocks with Huge Upside Potential

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In this article, we will list the 5 Best Data Center Stocks with Huge Upside Potential. Please visit 10 Best Data Center Stocks with Huge Upside Potential if you would like to see the extended list and the methodology behind it.

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5. Hewlett Packard Enterprise Company (NYSE:HPE)

On May 21, 2026, Morgan Stanley analyst Erik Woodring raised the firm’s price target on Hewlett Packard Enterprise Company (NYSE:HPE) to $33 from $25 and maintained an Equal Weight rating on the shares. Woodring said IT hardware has outperformed over the past two and a half months due to short covering, resilient near-term spending, and demand pull-forward. Morgan Stanley said its April and July quarter forecasts reflect stronger-than-expected spending, but warned that pull-forward, memory inflation, supply shortages, and macro pressure could create margin and earnings risk in the second half.

On May 15, 2026, JPMorgan raised the firm’s price target on Hewlett Packard Enterprise Company (NYSE:HPE) to $37 from $27 and maintained an Overweight rating on the shares. JPMorgan cited the reversal of memory-related concerns for the recent rally in the IT hardware group. The firm said it is most positive on Dell Technologies and HPE heading into earnings, and expects estimate increases to reinforce the companies’ medium-term earnings growth outlooks.

Earlier in May, Hewlett Packard Enterprise Company (NYSE:HPE) announced new self-driving network capabilities, calling itself the first provider of fully autonomous, agentic AIOps networking. The company said new self-driving actions across HPE Mist and HPE Aruba Central enable networks to detect, diagnose, and resolve issues in real time without human intervention. HPE said the architecture is powered by microservices, autonomous agents, and an advanced agentic mesh.

Hewlett Packard Enterprise Company (NYSE:HPE) develops intelligent technology solutions across the United States, the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and international markets.

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