1. Hewlett Packard Enterprise Company (NYSE:HPE)
Number of Hedge Fund Holders: 58
Upside Potential: 52.20%
Hewlett Packard Enterprise Company (NYSE:HPE), featuring significant analyst and hedge fund interest, is one of the best low-priced AI stocks to buy right now. Wall Street continues to point to the Juniper Networks integration as a key driver of the company’s outlook, citing progress that has exceeded expectations.
On July 9, 2026, TipRanks reported that Citi analyst Asiya Merchant maintained a “Buy” rating on Hewlett Packard Enterprise Company (NYSE:HPE) with a $70.00 price target.
Asiya said management has expressed greater confidence in the Juniper integration, noting that both cost and revenue synergies are being realized sooner than originally anticipated. The analyst added that continued product innovation is reinforcing Hewlett Packard Enterprise Company (NYSE:HPE)’s competitive position in the wired and wireless networking markets. She also highlighted sustained demand for cloud and AI infrastructure, pointing out that networking orders continue to grow faster than reported revenue, indicating an expanding backlog and stronger revenue visibility.
The firm’s positive view was further supported by Hewlett Packard Enterprise Company (NYSE:HPE)’s broad AI infrastructure portfolio, which includes both scale-out and emerging scale-up solutions, as well as ongoing margin expansion and shareholder capital return initiatives.
The view aligns with a June 17, 2026, research note from UBS, reported by Investing.com, in which the firm reaffirmed its “Neutral” rating and $65.00 price target after Hewlett Packard Enterprise Company (NYSE:HPE)’s Discover 2026 event. UBS said its confidence in the Juniper acquisition had increased less than a year after the transaction closed, highlighting the integration of Juniper’s Marvis AI engine into data center switches and its planned rollout across HPE CX Campus switches.
The firm added that AI-powered self-driving networks capable of identifying and resolving issues autonomously are expected to become a defining feature of next-generation networking, and projected networking revenue growth of 8% to 12% next year, supported by Hewlett Packard Enterprise Company (NYSE:HPE)’s growing backlog and refreshed product portfolio.
Texas-based Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides a broad array of enterprise-grade solutions. It provides IT infrastructure, cloud computing, AI deployment, storage, and networking solutions to businesses and governments.
While we acknowledge the potential of HPE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HPE and that has 100x upside potential, check out our report about the cheapest AI stock.
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