Barclays cuts target for Hewlett Packard Enterprise stock to USD 77.00
Published on 10/16/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSThe analyst and operating picture
- Barclays cut its target from USD 83.00 to USD 77.00 on October 15, 2026.
- Fiscal third-quarter 2026 revenue reached USD 12.21 billion, up 33.70 percent year over year.
- Hewlett Packard Enterprise stock traded at EUR 52.90 at 10:42 a.m. CEST at Lang & Schwarz on October 16, 2026.
- The company scheduled a USD 0.1425 quarterly dividend payment for October 16, 2026.
Hewlett Packard Enterprise (ISIN US42824C1099) faced a lower analyst valuation after Barclays cut its target from USD 83.00 to USD 77.00 on October 15, 2026. The company had reported fiscal third-quarter 2026 revenue of USD 12.21 billion, up 33.70 percent year over year, giving investors a strong operating figure alongside the more cautious rating.
Barclays signals a valuation reset
According to MarketBeat, Barclays moved HPE from Overweight to Equal Weight and reduced the target to USD 77.00 from USD 83.00. The report linked the downgrade to valuation concerns and uncertainty about the pace of enterprise artificial intelligence spending.
The target change contrasts with several earlier increases. Markets Insider reported that Morgan Stanley raised its target from USD 67.00 to USD 72.00 on October 1, 2026, citing networking growth, AI demand and Juniper synergies.
What does demand mean for margins?
HPE's fiscal third-quarter 2026 results show why the valuation debate is not only about demand. Zacks said AI systems orders reached USD 2.40 billion, up more than 30.00 percent sequentially, while backlog rose 14.00 percent sequentially to a new high. Networking orders rose 36.00 percent on a normalized basis, but supply constraints limited conversion into revenue.
Three dates frame the stock
HPE's recent sequence began with fiscal third-quarter 2026 results on September 2, 2026, including USD 12.21 billion in revenue. Morgan Stanley raised its target to USD 72.00 on October 1, 2026. Barclays then cut its target to USD 77.00 on October 15, 2026.
Upcoming company dates
HPE scheduled a quarterly dividend payment of USD 0.1425 per share for October 16, 2026, as reported by MarketBeat. HPE's official website lists HPE Discover Barcelona for December 2-3, 2026, providing the next scheduled company event in the published calendar.
Stock trades at EUR 52.90
Hewlett Packard Enterprise stock was trading at EUR 52.90 at Lang & Schwarz on October 16, 2026 at 10:42 a.m. CEST. The finance quote showed a USD 77.8 billion market capitalization and a USD 19.84 to USD 73.56 52-week range as of October 15, 2026.
The further course of trading is shown by the continuously updated real-time quote of Hewlett Packard Enterprise stock.
Hewlett Packard Enterprise stock facts
- Company: Hewlett Packard Enterprise Company
- ISIN: US42824C1099
- Ticker: HPE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 10:42 a.m. CEST): EUR 52.90
- Market capitalization: USD 77.8 billion (as of October 15, 2026)
- 52-week range: USD 19.84-USD 73.56 (as of October 15, 2026)
- Sector / Industry: Technology / Computer Hardware
Market context: Market report S&P 500.
