Barclays cuts target for Hewlett Packard Enterprise stock from USD 83.00 to USD 77.00

Published on 10/19/2026 at 09:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hewlett Packard Enterprise stock is at EUR 50.57 on October 19, 2026. Fiscal third-quarter revenue reached USD 12.21 billion, up 33.70 percent year over year.

Analyst caution and operating scale

Barclays cut its HPE target from USD 83.00 to USD 77.00 on October 14, 2026.
Fiscal third-quarter revenue reached USD 12.21 billion, up 33.70 percent year over year.
HPE stock trades at EUR 50.57 at 9:49 a.m. CEST at Lang & Schwarz on October 19, 2026.
HPE is scheduled to report its next earnings on December 3, 2026.

Schwarzweiß-Reportage eines Technikers im Rechenzentrum, Aktie US42824C1099 — Hewlett Packard Enterprise US42824C1099 Reportage: Techniker arbeitet dokumentarisch an Serverracks in Schwarz-Weiß, Illustration mit AI erstellt.

At EUR 50.57, Hewlett Packard Enterprise (US42824C1099) was trading at Lang & Schwarz on October 19, 2026 at 9:49 a.m. CEST. Alpha Spread reported that Barclays cut its rating on October 14, 2026, reducing the price target from USD 83.00 to USD 77.00.

Barclays questions AI demand timing

Barclays moved HPE from Overweight to Equal Weight as it assessed valuation and the pace of enterprise artificial intelligence adoption. The revised USD 77.00 target remains a central reference for the debate, while the bank left its underlying earnings forecasts unchanged, according to Investing.com.

HPE's operating picture is stronger than the rating change alone suggests. Zacks reported fiscal third-quarter 2026 revenue of USD 12.21 billion, above the USD 12.09 billion consensus, while non-GAAP earnings per share reached USD 1.11 against a USD 0.95 estimate.

What does the growth signal mean?

The answer is in HPE's updated operating ranges. For fiscal 2026, management raised revenue growth guidance to 34 to 37 percent and non-GAAP earnings per share guidance to USD 3.75 to USD 3.85, while fiscal fourth-quarter revenue guidance stands at USD 13.90 billion to USD 14.80 billion, according to Zacks.

Three events set the timeline

On September 2, 2026, HPE reported fiscal third-quarter revenue of USD 12.21 billion. On September 30, 2026, the company announced a USD 1.20 billion order from Vultr for AI systems, as reported by Alpha Spread. On October 14, 2026, Barclays cut its target from USD 83.00 to USD 77.00.

Next reporting date is December 3

HPE is scheduled to report its next earnings on December 3, 2026, after the market close, according to Gekko. That date will test whether the company can convert its AI and networking order momentum into revenue while sustaining the guidance ranges.

Price stays tied to the news debate

For investors, the key tension is clear: HPE delivered record fiscal third-quarter revenue and higher forecasts, while Barclays questioned how quickly enterprise AI spending can support the valuation. The next results provide the next dated test of that balance.

HPE was trading at EUR 50.57 at Lang & Schwarz on October 19, 2026 at 9:49 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of HPE stock.