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Barclays, Citi, and Wells Fargo raise HPE price targets after strong networking outlook.

Analyst Insights
01 Oct 2026
24/7 Wall Street
View Source
Bullish
Barclays, Citi, and Wells Fargo raise HPE price targets after strong networking outlook.

Barclays, Citi, and Wells Fargo have all raised their price targets for Hewlett Packard Enterprise (HPE) following the company's Networking Investor Day, citing networking as the key growth driver. Citi increased its target to $92, Barclays to $83, and Wells Fargo to $63, though none changed their ratings. HPE reported a strong fiscal Q3 with 32.7% revenue growth and a 74.9% increase in networking revenue, driven by AI network orders and Juniper integration. Despite a sharp stock price rise, analysts remain optimistic about HPE's long-term growth, with upcoming fiscal Q4 results and Helios platform orders as key points to watch.

Hewlett Packard Enterprise (HPE) holds a market cap of $84.81 billion and an enterprise value of $98.84 billion as of October 1, 2026, 22:03 WIB on Pluang. The stock price is $63.19 with a 1-day decline of 1.10%, while the dividend yield stands at 0.89%. Trading volume reached 32,445,442 shares, with 56% of Pluang users selling and 44% buying, reflecting active investor engagement around the company’s networking growth prospects.

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