Susquehanna Raises Hewlett Packard Enterprise (HPE) PT to $21, Cites Juniper Networks Acquisition

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the best inexpensive stocks to buy according to hedge funds. On September 4, Susquehanna analyst Mehdi Hosseini raised the firm’s price target on Hewlett Packard Enterprise Company to $21 from $16, while keeping a Neutral rating on the shares. The firm updated its estimates following the company’s Q3 2025 earnings, which included the contribution from the Juniper Networks acquisition.

Hewlett Packard Enterprise achieved a total revenue of $9.1 billion, which was an 18% increase year-over-year, which was driven by the AI, networking, and hybrid cloud segments. The acquisition of Juniper, which was completed on July 2 this year, is expected to generate at least $600 million in cost synergies over the next 3 years.

The networking segment, which now includes Juniper, was a major driver, with revenue increasing by 54% year-over-year to $1.7 billion and contributing ~50% to HPE’s non-GAAP consolidated operating profit. The server segment also performed well, with revenue of $4.9 billion, a 16% increase, and AI systems revenue reaching an all-time high of $1.6 billion. AI orders nearly doubled sequentially, and the company has a record AI backlog of $3.7 billion.

Hewlett Packard Enterprise Company (NYSE:HPE) provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

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Disclosure: None. This article is originally published at Insider Monkey.