Morgan Stanley raises target to USD 72 for Hewlett Packard Enterprise stock
Published on 10/13/2026 at 16:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and company results
- Morgan Stanley lifted its HPE target from USD 67.00 to USD 72.00 on October 1, 2026.
- Fiscal third-quarter revenue increased 33.70 percent to USD 12.21 billion.
- Hewlett Packard Enterprise stock costs EUR 61.99 at Lang & Schwarz on October 13, 2026 at 4:32 p.m. CEST, down 1.56 percent on Nasdaq.
- Market capitalization was USD 91.7 billion and the price-to-earnings ratio was 36.08 on October 13, 2026.
Morgan Stanley analyst Erik Woodring raised the firm's Hewlett Packard Enterprise target from USD 67.00 to USD 72.00 on October 1, 2026, while maintaining an Overweight rating, according to Markets Insider. The new target was 4.00 percent above the USD 69.23 Nasdaq price at 10:37 a.m. ET on October 13, 2026. Hewlett Packard Enterprise was trading at EUR 61.99 at Lang & Schwarz on October 13, 2026 at 4:32 p.m. CEST, down 1.56 percent on Nasdaq.
Revenue rises 33.70 percent
Hewlett Packard Enterprise reported USD 12.21 billion in revenue for fiscal Q3 2026, up 33.70 percent from the same period a year earlier. MarketBeat also reported adjusted earnings per share of USD 1.11 for the quarter, above the USD 0.93 consensus estimate. The figures put operating execution alongside the analyst debate over how much AI infrastructure growth is already reflected in the valuation.
Stock stays below yearly high
The Nasdaq price of USD 69.23 on October 13, 2026 stood 5.88 percent below the 52-week high of USD 73.56. The same range ran down to USD 19.84, while trading volume reached 6,126,008 shares against an average of 20,253,103.
Valuation and peer comparison
Hewlett Packard Enterprise had a market capitalization of USD 91.7 billion and a price-to-earnings ratio of 36.08 on October 13, 2026. Its trailing dividend yield was 0.01 percent. The Morgan Stanley target of USD 72.00 remains a separate analyst valuation rather than a forecast made by this article.
Comparison with peers
HPE (NYSE, USD): minus 1.56 percent, P/E 36.08, market capitalization USD 91.7 billion
Dell Technologies (NYSE, USD): minus 0.78 percent, P/E 33.20, market capitalization USD 380.1 billion
Cisco Systems (NASDAQ, USD): minus 0.79 percent, P/E 34.39, market capitalization USD 451.0 billion
Price and trading status
At Lang & Schwarz, Hewlett Packard Enterprise stock was trading at EUR 61.99 on October 13, 2026 at 4:32 p.m. CEST. The Nasdaq price was USD 69.23 at 10:37 a.m. ET on the same date, down 1.56 percent on the day. 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 13, 2026, 4:32 p.m. CEST: EUR 61.99
- Change on Nasdaq: minus 1.56 percent on October 13, 2026
- Market capitalization: USD 91.7 billion as of October 13, 2026
- 52-week range: USD 19.84-USD 73.56 as of October 13, 2026
- Sector / Industry: Technology / Computer Hardware
Market context: Market report S&P 500.
