HP Enterprise's Price Target Raised to $26 by Deutsche Bank Analyst

Deutsche Bank analyst Matt Niknam raised the price target for HP Enterprise (HPE) to $26 from $21 and maintained a Buy rating on the shares. The analyst sees upside drivers following the Juniper deal and a more favorable risk/reward setup at the current valuation.

Deutsche Bank analyst Matt Niknam has increased the price target for Hewlett Packard Enterprise (HPE) to $26 from $21, while maintaining a Buy rating on the shares. The analyst cited the Juniper acquisition as a key driver for this positive outlook. Niknam sees favorable risk/reward dynamics at the current valuation, suggesting that HPE's stock offers significant upside potential [1].

The Juniper Networks acquisition has bolstered HPE's position in the networking and hybrid cloud markets. Analysts expect the deal to enhance HPE's earnings by driving higher-margin networking revenues and cost synergies. JPMorgan Chase & Co. recently added HPE to its focus list, rating it "Overweight" with a December 2026 price target of $30. The investment bank expects HPE to achieve earnings of at least $2.70 by fiscal 2027, driven by the integration of Juniper's capabilities [2].

HPE's recent quarterly performance has been robust, with Q2 revenue of $7.6 billion, up 7% year-over-year (YoY), exceeding guidance. Despite stock volatility, the analyst upgrades and strong earnings reports provide a compelling case for investors to consider HPE as a potential growth opportunity. The stock has shown resilience, trading 14.8% below its 52-week high of $24.42, but remains down 3.1% since the beginning of the year [2].

Analysts' one-year price targets average at $21.94, implying a 7.79% upside from the current price. This positive sentiment is reflected in HPE's consensus rating, which stands at "Moderate Buy" based on 15 analysts' ratings [3].

References:
[1] https://www.tipranks.com/news/the-fly/hp-enterprise-price-target-raised-to-26-from-21-at-deutsche-bank-thefly
[2] https://www.ainvest.com/news/hewlett-packard-enterprise-hpe-added-jpmorgan-focus-list-juniper-acquisition-2507/
[3] https://www.marketbeat.com/stocks/NYSE/HPE/forecast/