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An update from Hewlett Packard Enterprise ( (HPE) ) is now available.
On December 5, 2024, Hewlett Packard Enterprise‘s HR and Compensation Committee approved new performance metric weightings and goal achievement levels for executive officers under its fiscal 2025 annual incentive program. This decision, influenced by the acquisition of Juniper Networks, Inc., reflects changes in the calculation of the annualized revenue run-rate (ARR) to include software licenses support and maintenance revenue. The updated financial performance metrics aim to align with the combined company’s operations, impacting the target goals for executive bonuses.
The most recent analyst rating on (HPE) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on Hewlett Packard Enterprise stock, see the HPE Stock Forecast page.
Spark’s Take on HPE Stock
According to Spark, TipRanks’ AI Analyst, HPE is a Outperform.
Hewlett Packard Enterprise’s overall stock score reflects strong financial performance driven by revenue growth and cash flow generation, supported by positive technical indicators. The high P/E ratio suggests potential overvaluation, but strategic initiatives and successful acquisitions provide a positive outlook. Challenges in profit margins and leverage need addressing to ensure sustained growth.
To see Spark’s full report on HPE stock, click here.
More about Hewlett Packard Enterprise
Hewlett Packard Enterprise (HPE) operates in the technology industry, primarily focusing on enterprise products and services such as servers, storage, networking, and software solutions. The company is known for its innovations in IT infrastructure and cloud services, catering to a wide range of business clients globally.
Average Trading Volume: 19,835,045
Technical Sentiment Signal: Buy
Current Market Cap: $32.97B
Learn more about HPE stock on TipRanks’ Stock Analysis page.