Hewlett Packard Enterprise Trading Volume Plummets 47.72% to 236th Position Despite Stock Price Rise

On March 24, 2025, Hewlett Packard Enterprise (HPE) saw a significant drop in trading volume, with a total of $397 million in shares traded, marking a 47.72% decrease from the previous day. This decline placed HPE at the 236th position in terms of trading volume for the day. Despite this, HPE's stock price rose by 2.68%.

Hewlett Packard Enterprise has been underperforming compared to the broader technology sector over the past year. Analysts, however, maintain a moderately optimistic outlook on the stock, with a consensus rating of "Moderate Buy" from the 15 analysts covering it. The stock is currently trading below the mean price target of $19.86.

In the longer term, Hewlett Packard has dropped 24.8% on a year-to-date basis, underperforming the Technology Select Sector SPDR Fund's (XLK) nearly 8% decline. Additionally, shares of HPE have decreased 6.7% over the past year.

Despite a strong fiscal Q4 2025, the firm's guidance for the upcoming quarters has raised concerns among investors. As of the March 20 close, the stock is down over 47% from where it started 52 weeks ago, indicating a challenging period for the company.