HPE Labeled a ‘Show-Me Story’ for 2026 as Strategy Evolves

Hewlett-Packard Enterprise Company (NYSE:HPE) is one of the Hot AI Stocks to Keep on Your Radar. On January 13, Goldman Sachs analyst Katherine Murphy assumed coverage on the stock to Buy from Neutral with a price target of $31.

The rating coverage follows HPE’s acquisition of Juniper in July 2025, which the firm believes has “meaningfully shifted its business mix towards the higher-margin, faster-growing Networking segment.”

Owing to concerns about HPE’s legacy IT hardware business, limited AI infrastructure participation, and integration risks related to the Juniper acquisition, the firm further noted how HPE’s current multiple remains discounted as compared to peers.

Overall, even though HPE is going to be a “show-me story in 2026,” the merger with Juniper reinforces the company’s position as the number two player in the enterprise/campus networking market; expanding its reach in data center networking.

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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