Hewlett Packard Enterprise (HPE) Added to JPMorgan Focus List After Juniper Deal

Hewlett-Packard Enterprise Company (NYSE:HPE) is one of the AI Stocks on Wall Street’s RadarOn July 17, JPMorgan added HPE to its focus list, stating that shares of Hewlett Packard Enterprise have more room to run. The stock was rated “Overweight” from a Not Rated designation, with a December 2026 price target of $30 on the stock.

The rating follows HPE’s completion of the Juniper acquisition.

“We are moving to an OW rating on HPE following the completion of the JNPR acquisition, which enhances its position and firmly establishes it as one of the largest Networking companies, with one of the broadest portfolios encompassing switches, wireless access points, routers, and more.”

According to analysts led by Samik Chatterjee, the increasing mix of higher margin networking revenues coupled with several cost synergies will allow HPE to achieve earnings of at least $2.70 by fiscal 2027. This points to substantial upside ahead for the shares.

Hewlett Packard Enterprise (HPE) Added to JPMorgan Focus List After Juniper Deal

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However, recent concerns regarding execution may lead investors to stay cautious regarding the higher earnings multiple. They would likely wait and watch for critical milestones on integration before they get comfortable.

Hewlett Packard Enterprise Company (NYSE:HPE), an American multinational technology company, provides high-performance computing systems, AI software, and data storage solutions for running complex AI workloads.

While we acknowledge the risk and potential of HPE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HPE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.