Evercore downgrades Hewlett Packard Enterprise stock to In Line
Published on 10/12/2026 at 11:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Evercore downgraded Hewlett Packard Enterprise to In Line on October 12, 2026, while keeping its USD 65.00 target.
- HPE reported USD 12.2 billion in fiscal third-quarter revenue, up 34.00 percent year over year.
- The Lang & Schwarz price was EUR 65.35 on October 12, 2026 at 11:31 a.m. CEST.
- HPE's next listed company date is the USD 0.1425 per-share dividend payment scheduled for October 16, 2026.
Hewlett Packard Enterprise (ISIN US42824C1099) was trading at EUR 65.35 at Lang & Schwarz on October 12, 2026 at 11:31 a.m. CEST. According to Ground.news on October 12, 2026, Evercore downgraded Hewlett Packard Enterprise from Outperform to In Line and kept its USD 65.00 price target.
Three dated events and figures
On September 2, 2026, Business Wire carried HPE's fiscal third-quarter results: revenue reached USD 12.2 billion, up 34.00 percent from the prior-year period, while GAAP diluted earnings per share reached USD 1.06. On September 30, 2026, CoinCentral reported a USD 1.2 billion order from Vultr for AMD Helios AI rack systems and a higher networking growth outlook. On October 12, 2026, Ground.news reported the Evercore downgrade and the retained USD 65.00 target.
What does the downgrade change?
Evercore's move changes the rating rather than the target. The cited rationale was a sharper recent rally and a more balanced risk-reward profile, while the USD 65.00 target remained in place, according to Ground.news on October 12, 2026.
The operating figures provide a counterweight to the rating change. In fiscal third-quarter 2026, Networking revenue rose 74.90 percent year over year to USD 2.9 billion, while Cloud and AI revenue increased 25.40 percent to USD 9.0 billion, according to Business Wire.
Upcoming dates and payout
HPE's declared quarterly dividend is USD 0.1425 per share, payable on October 16, 2026, to shareholders of record as of September 17, 2026, according to Business Wire. HPE's corporate website lists HPE Discover Barcelona for December 2-3, 2026, providing a scheduled company event for the technology portfolio.
Price and company profile
The EUR 65.35 Lang & Schwarz price on October 12, 2026 at 11:31 a.m. CEST is the euro reference point for German-market investors. The company is listed on the NYSE under ticker HPE, with USD as its quotation currency, and its market capitalization was USD 97.3 billion as of October 9, 2026. Hewlett Packard Enterprise is classified in Technology and Computer Hardware, and its fiscal third-quarter 2026 operating margin was 11.40 percent on a GAAP basis.
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 12, 2026, 11:31 a.m. CEST: EUR 65.35
- Market capitalization: USD 97.3 billion (as of October 9, 2026)
- Sector / Industry: Technology / Computer Hardware
Market context: Market report S&P 500.
