Barclays Cuts HPE Price Target to $77
Barclays has downgraded Hewlett Packard Enterprise, lowering its price target from $83 to $77, a 39.37% upside from the current price.
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Barclays cut its price target on Hewlett Packard Enterprise Company ($HPE) to $77 from $83 on October 14, 2026, and rates the stock "Equal-Weight".
Since the rating, $HPE is down 12.6% to date (from the $63.11 close on Oct 14, 2026).
HPE
Hewlett Packard Enterprise Company
Key Points
- On October 14, 2026, Barclays lowered its rating on Hewlett Packard Enterprise (HPE) to Equal-Weight and adjusted its price target down to $77 from $83.
- HPE shares recently traded around $55.25, which is 24.9% below its 52-week high of $73.56.
- Analysts have a consensus recommendation of Buy on HPE, with a mean price target of $71.74, indicating potential upside from current levels.
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Barclays has lowered its rating on Hewlett Packard Enterprise Company (HPE) to Equal-Weight on October 14, 2026. The new price target is set at $77, down from $83. This change reflects a shift in the firm's outlook on the stock.
Barclays vs. the S&P 500
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Other Institutional Activity in Hewlett Packard Enterprise
Several other funds have also made adjustments to their positions in HPE. Blackrock Inc. reduced its holdings by 9,812,050 shares, ending with 134,059,655 shares worth about $7.39 billion. Vanguard Capital Management LLC added 319,481 shares, bringing its total to 86,665,707 shares valued at approximately $4.78 billion. Meanwhile, Vanguard Portfolio Management LLC trimmed its position by 1,106,758 shares to hold 72,677,094 shares worth around $4.01 billion.
Hewlett Packard Enterprise Company Stock Down 12.5%
As of October 16, 2026, HPE shares were recently trading around $55.25, which is below the 50-day moving average of $59.21 by about 6.7%. The stock is also 24.9% lower than its 52-week high of $73.56, indicating it has faced some challenges in the market.
$HPE price target
Hewlett Packard Enterprise Company daily closes and this analyst's $77 target. Not advice.
Recent Earnings
Hewlett Packard Enterprise reported trailing twelve-month revenue of $41.87 billion and an earnings per share (EPS) of $1.94. The company has shown a year-over-year revenue growth of 33.7% and a net margin of 6.7%. Its next earnings report is scheduled for December 3, 2026.
Dividend
Hewlett Packard Enterprise pays an annual dividend rate of $0.54 per share, which translates to a yield of 0.97% based on current prices. The dividend payout ratio stands at 28.7%.
Insider Buying and Selling at Hewlett Packard Enterprise Company
Insider transactions show that Chief Executive Officer Antonio F Neri sold 250,000 shares at an average price of $60.44 on September 11, 2026, totaling about $15.11 million. Director Gary M Reiner sold 17,000 shares for approximately $967,429 on September 14, 2026. Officer Rami Rahim sold 34,456 shares at an average price of $61.42, amounting to about $2.12 million on September 29, 2026. Neri also sold another 250,000 shares at $68.31 for roughly $17.08 million on October 5, 2026.
Analysts Set New Price Targets
On October 14, 2026, Barclays downgraded HPE to Equal-Weight with a new target of $77, down from $83. Meanwhile, Citigroup maintained a Buy rating with a target of $92, and Morgan Stanley also kept its Overweight rating with a target of $72. The consensus recommendation among analysts is Buy, with a mean price target of $71.74.
About Hewlett Packard Enterprise
Hewlett Packard Enterprise Company develops intelligent solutions across multiple sectors, including server technology, cloud services, and networking. The company operates internationally and serves a diverse range of industries. The recent downgrade by Barclays highlights the shifting expectations in the technology sector, especially as HPE continues to navigate market conditions.
Bottom Line
Investors should keep an eye on HPE's upcoming earnings report on December 3, 2026, and any further analyst ratings that may affect market sentiment. Barclays' downgrade signifies a cautious approach to HPE's stock amid broader market trends.
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Source: Barclays's rating change on $HPE (Oct 14, 2026). Written by software, not financial advice. How we make alerts