Hewlett Packard Enterprise (HPE – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Wamsi Mohan from Bank of America Securities maintained a Buy rating on the stock and has a $20.00 price target.
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Wamsi Mohan’s rating is based on Hewlett Packard Enterprise’s strategic advancements and partnerships that enhance its hybrid IT business with agentic AI. The recent HPE Discover 2025 event highlighted key developments such as the introduction of GreenLake Intelligence, which integrates AI across HPE’s hybrid IT stack, and the expansion of the AI Factory in collaboration with NVIDIA. These initiatives position HPE as a leader in AI infrastructure, offering comprehensive solutions that cater to both hybrid-cloud and on-premises needs, thereby broadening its customer base.
Moreover, the partnership with NVIDIA is seen as a significant step in HPE’s AI monetization strategy, enhancing its capabilities in GPU-dense workloads and increasing opportunities across networking, storage, and services. This collaboration is expected to drive enterprise adoption and support margin expansion. Despite some recent challenges, HPE’s focus on innovation and strategic positioning in AI infrastructure supports the Buy rating, with a price objective of $20, reflecting a compelling valuation and potential for improved cash flow.
HPE’s price has also changed moderately for the past six months – from $21.890 to $18.150, which is a -17.09% drop .