Evercore ISI Removes HPE From Tactical Outperform List, Keeps Long-Term Bull Case

Hewlett Packard Enterprise Company (NYSE:HPE) is included among the 13 Top Tech Stocks Paying Consistent Dividends.

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On December 11, Evercore ISI removed Hewlett Packard Enterprise Company (NYSE:HPE) from the firm’s “Tactical Outperform” database aft the institution released its October-end quarterly results past week. Though determination was “some noise” astir the fiscal Q4 numbers and January 4th gross guidance that came successful beneath the Street, Evercore said its semipermanent bull thesis remains “largely intact.” Out-year estimates were near mostly unchanged. The steadfast continues to complaint the banal Outperform with a $28 terms target.

Hewlett Packard Enterprise Company (NYSE:HPE) reported fiscal Q4 2025 net connected December 4. It was a grounds 4th marked by profitable maturation and choky execution. Revenue reached $9.7 billion, up 14% twelvemonth implicit year. Non-GAAP operating nett roseate 26%.

Stronger margins flowed done to currency generation. Free currency travel came successful astatine $1.9 cardinal for the quarter, supra expectations. That wrapped up what absorption described arsenic a coagulated fiscal 2025. The institution besides pointed to a crisp pickup successful orders precocious successful the quarter. That’s usually a bully sign. It suggests request nether the hood remains healthy, adjacent if header numbers make debate.

Based connected that momentum, Hewlett Packard Enterprise Company (NYSE:HPE) raised its fiscal 2026 non-GAAP diluted EPS guidance. It besides lifted the midpoint of its escaped currency travel outlook. CEO Antonio Neri confirmed the planned merchantability of HPE’s remaining 19% involvement successful H3C for astir $1.4 billion. The woody is expected to adjacent successful the archetypal fractional of 2026. Proceeds are slated to enactment plans to bring nett leverage down to astir 2x by the extremity of fiscal 2027.

Neri besides said the institution has completed the acquisition of Juniper Networks. The woody strengthens HPE’s presumption successful networking and aims to make a caller manufacture leader. Integration enactment is good underway, with unified teams and technologies already successful place. Feedback from employees, customers, and partners has been affirmative truthful far.

Hewlett Packard Enterprise Company (NYSE:HPE) is simply a planetary IT institution focused connected edge-to-cloud solutions. Its portfolio spans servers, storage, networking, software, and services designed to assistance businesses tally and standard their operations.

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