Goldman Sachs analyst Katherine Murphy has maintained their bullish stance on HPE stock, giving a Buy rating on February 23.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Katherine Murphy has given his Buy rating due to a combination of factors, emphasizing HPE’s positioning ahead of its F1Q26 results. She points to robust indicators of demand in the core data center hardware market in late 2025 and highlights ongoing strength in AI-related infrastructure spending, which is expected to support growth in HPE’s data center networking franchise.
Murphy acknowledges that higher input costs may weigh on gross margins, but she believes faster expansion in the higher-margin networking segment should largely counter these pressures. In her view, the current valuation of roughly 9x next-twelve-month earnings already discounts macro uncertainty around IT budgets and integration risks from the Juniper transaction, leaving an appealing risk‑reward profile for investors.
In another report released on February 23, J.P. Morgan also maintained a Buy rating on the stock with a $27.00 price target.
Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HPE in relation to earlier this year.