# Hewlett Packard Enterprise Company  Share Price Target ‘$20.42’, now -4.9% Downside Potential

- Link: https://www.directorstalkinterviews.com/hewlett-packard-enterprise-company-share-price-target-20.42-now-4.9-downside-potential/4121161880
- Published: 2024-06-24T13:05:03+01:00
- Author: Charlotte Edwards

**Hewlett Packard Enterprise Company** with ticker code (HPE) now have 14 analysts
in total covering the stock. The consensus rating is pointing to ‘hold’. The target
price High/Low ranges between $23.00 and $16.00 calculating the mean target share
price we have $20.42. (at the time of writing). Given that the stocks previous close
was at $21.48 this would indicate that there is a downside of -4.9%. The 50 day 
moving average now sits at $18.25 while the 200 day moving average is $16.91. The
total market capitalization for the company now stands at 27.19B. The current stock
price for Microsoft Corporation is currently $20.92 USD

 The potential market cap would be $25,847,362,638 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 15.27, revenue per share of $21.75
and a 2.48% return on assets.

Hewlett Packard Enterprise Company (HPE) is a technology company focused on developing
intelligent solutions that allow customers to capture, analyze, and act upon data
from edge to cloud. The Company operates through six segments: Compute, High Performance
Computing & Artificial Intelligence (HPC & AI), Storage, Intelligent Edge, Financial
Services (FS), and Corporate Investments and Other. Its Compute segments includes
both general purpose servers for multi-workload computing and workload-optimized
servers to deliver performance and value for applications. Its HPC & AI segment 
offers integrated systems comprised of software and hardware designed to address
high-performance computing (HPC), artificial intelligence (AI), data analytics, 
and transaction processing workloads for customers globally. Intelligent Edge segment
offers wired and wireless local area network (LAN), campus and data center switching,
software-defined wide-area-network, network security, and associated services.

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