Hewlett Packard’s (HPE) Pricing Power Is Driving its Bullish Thesis
Key takeaways
- Hewlett Packard Enterprise Company (NYSE:HPE) has seen some bullish analyst activity recently, with Susquehanna revising its target price upward from $21 to $65 and keeping a Neutral rating on the stock.
- Strong demand for AI technologies continues to support the company's growth objectives.
- Hewlett Packard Enterprise Company (NYSE:HPE) posted its Q2 fiscal 2026 earnings on June 1.
Hewlett Packard’s (HPE) Pricing Power Is Driving its Bullish Thesis Jabran Kundi Tue, June 30, 2026 at 7:14 PM GMT+7 2 min read HPE Hewlett Packard Enterprise Company (NYSE:HPE) is one of the 10 AI Stocks That Are Surging. Hewlett Packard Enterprise Company (NYSE:HPE) has seen some bullish analyst activity recently, with Susquehanna revising its target price upward from $21 to $65 and keeping a Neutral rating on the stock. This is in continuation of the general trend since the June 1 earnings report. Following the company's solid earnings, Citi turned bullish on June 2 and increased the firm's price target on the stock from $39 to $70 and reaffirmed a Buy rating. According to the firm, the company posted a significant earnings beat, surprising analysts.
Strong demand for AI technologies continues to support the company's growth objectives. According to Susquehanna, stronger demand from HPE customers is leading to higher sales volume, which is helping the company maintain its pricing power. Moreover, the firm added that rising memory and storage costs are being passed on to customers rather than being absorbed by the company.
Hewlett Packard Enterprise Company (NYSE:HPE) posted its Q2 fiscal 2026 earnings on June 1. Revenue for the quarter came in at $10.7 billion, a 40% year-over-year increase. The earnings per share came in at $0.79, which comfortably beat the Wall Street consensus of $0.54.