Wells Fargo Maintains Hold on Hewlett Packard Enterprise (HPE)

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the 10 Best Stocks to Buy According to Elliott Investment Management.

Wells Fargo Maintains Hold on Hewlett Packard Enterprise (HPE)

On February 19, 2026, Wells Fargo analyst Aaron Rakers reiterated a Hold rating on Hewlett Packard Enterprise Company (NYSE:HPE) with a price target of $26.00. On the same day, JPMorgan analyst Samik Chatterjee kept an Overweight rating on the stock and lowered its price target from $30 to $27. According to the firm, the investor sentiment for the hardware and networking sector remains challenging. The firm expects a robust near-term performance due to pull-forward demand. At the same time, it also anticipates a potentially muted growth in share price compared to prior periods.

In another development, on January 26, 2026, Hewlett Packard Enterprise Company (NYSE:HPE) announced a strategic collaboration with 2degrees to develop a sovereign, private AI platform in New Zealand. Utilizing HPE Private Cloud AI co-developed with NVIDIA, the AI factory architecture will allow 2degrees to optimize its network and operation automations. Hewlett Packard Enterprise Company (NYSE:HPE)’s Managing Director in New Zealand gave the following statement.

By deploying HPE’s turnkey AI factory, 2degrees is setting a benchmark for how New Zealand organizations can use AI responsibly — accelerating transformation while maintaining full control over their data.

Formed in 2015 following its split from Hewlett-Packard Company, Hewlett-Packard Enterprise Company (NYSE:HPE) is a global leader in edge-to-cloud platform solutions with headquarters in Texas.

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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