Wall Street Has a Mixed Opinion on Hewlett Packard Enterprise (HPE), Here’s Why

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. Wall Street has a mixed opinion on Hewlett Packard Enterprise Company (NYSE:HPE) despite the company topping estimates for its fiscal third quarter of 2025.

​Hewlett Packard Enterprise Company (NYSE:HPE) released its FQ3 2025 results on September 3. It delivered a revenue of $9.14 billion, up 18.50% year-over-year and ahead of consensus by $310.07 million. The EPS of $0.44 also topped estimates by $0.02.

​Despite this outperformance, several analysts have a Hold rating on the stock. For instance, on September 15, Mark Newman from Bernstein reiterated a Hold rating on Hewlett Packard Enterprise Company (NYSE:HPE) with a price target of $24. Similarly, earlier on September 8, Ananda Baruah from Loop Capital reiterated a Hold rating on the stock while raising the price target from $18 to $23.

​Regardless of the caution ratings, management remains confident and has raised its full-year guidance from 7% to 9% revenue growth to 14% to 16% growth.

​Hewlett Packard Enterprise Company (NYSE:HPE) provides technology solutions that connect edge devices to the cloud.

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 this cheapest AI stock.

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