Hewlett Packard Enterprise (HPE) stock price targets increased following its 2026 Networking Investor Day. Several Wall Street firms, including Citi, Barclays, and Wells Fargo, raised their outlooks.
Citi increased its target to $92 from $76. Barclays moved its target to $83 from $79. Wells Fargo lifted its target to $63 from $54.
Analysts cite a strengthened outlook for HPE's networking division. HPE positions this division as its primary growth engine.
HPE raised its fiscal 2027 networking revenue growth forecast to the high-teens to low-20% range. The company cited strong demand for AI-related infrastructure. It also noted better-than-expected synergies from the Juniper Networks integration.
The firms maintain different ratings. Citi holds a "Buy" rating. Wells Fargo maintains an "Equal Weight" rating.