Hewlett Packard Enterprise (NYSE:HPE) Shares Gap Up - Here's What Happened

Market Beat
2026.05.14 18:44
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Hewlett Packard Enterprise (NYSE:HPE) shares gapped up from $32.07 to $33.70 before trading at $34.2480. Analysts have upgraded their ratings, with Morgan Stanley raising the price target to $25.00 and Truist Financial initiating coverage with a $31.00 target. The company reported $0.65 EPS, beating estimates, and had a revenue of $9.30 billion. HPE also announced a quarterly dividend of $0.1425. Insider transactions showed significant share sales, and institutional investors have increased their stakes in the company.