Wall Street Bullish on Hewlett Packard Enterprise (HPE), Here's Why

​Hewlett Packard Enterprise Company (NYSE:HPE) is one of the Most Undervalued Growth Stocks to Buy According to Hedge Funds. Wall Street has been bullish on Hewlett Packard Enterprise Company (NYSE:HPE) since the company released results from its fiscal third quarter for 2025.

​The company delivered $9.14 billion, up 18.50% year-over-year and ahead of expectations by $310.07 million. Moreover, the EPS of $0.44 also topped estimates by $0.02. Management noted that the revenue growth was driven by the acquisition of Juniper Networks. The company saw broad customer demand, with robust performance in the Server and Networking segments.

​Several analysts have reiterated their bullish sentiment. On September 5, Asiya Merchant from Citi raised the price target on Hewlett Packard Enterprise Company (NYSE:HPE) from $25 to $26, while reiterating a Buy rating on the stock. More recently, on September 9, Simon Leopold from Raymond James also reiterated a Buy rating on the stock with a price target of $30.

​Hewlett Packard Enterprise Company (NYSE:HPE) is a global edge-to-cloud technology company providing open and intelligent solutions as a service.

While we acknowledge the potential of HPE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.