HPE Price Prediction Next Week
Technical Analysis Based on the Fibonacci levels, HPE is currently trading near its pivot point of $23.08. The immediate resistance levels are at $24.42 (R1) and $25.24 (R2), while support levels are at $21.75 (S1) and $20.92 (S2). The RSI(14) reading of 52.42 indicates neutral momentum, neither overbought nor oversold.
News Impact Recent news has significant implications for HPE's price movement:
- The company was impacted by a broad tech sell-off on January 27, 2025, triggered by concerns over Chinese AI competition
- However, analysts remain optimistic about HPE's positioning in the AI server market and hybrid cloud solutions
- Citigroup recently maintained a bullish stance with a price target of $26
Price Prediction for Next Week Based on technical indicators and news sentiment:
- Bullish Case (60% probability): Price likely to test R1 at $24.42
- Base Case (30% probability): Consolidation between $22.50-$23.50
- Bearish Case (10% probability): Pullback to S1 at $21.75
Trading Recommendation BUY with entry at current market price ($23.08)
- Target: $24.42 (R1 level)
- Stop Loss: $21.75 (S1 level)
- Risk/Reward ratio: 1:1.8
Rationale:
- Strong institutional support with positive analyst ratings
- Technical indicators showing neutral momentum with upside potential
- Company's strategic positioning in AI and hybrid cloud markets
- Recent market overreaction to Chinese AI competition presents buying opportunity
HPE Similar Chart Price Prediction
The price of HPE is predicted to go up 8.19%, based on the high correlation periods with CELU. The similarity of these two price pattern on the periods is 96.48%.
HPE
CELU
Up: 8.19%Similarity: 96.48%
HPE Revenue Forecast
HPE EPS Forecast
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HPE VS S&P500
We view HPE as the leader among peers in offering its entire portfolio as-a-service, which could give it an advantage in winning customers and reduce cyclicality in the future.
HPE is unique in offering a significant compute portfolio alongside a significant networking portfolio, which could be an attractive comprehensive value proposition to customers.
Investors should find HPE's shareholder return strategy, inclusive of a more than 3% dividend yield, attractive.
HPE Analyst's Forecast
Matt Niknam
Deutsche Bank
Hold → Strong Buy
Price Target
$25
Upside
+19.67%
Deutsche Bank upgraded HP Enterprise to Buy from Hold with a $25 price target.
Ananda Baruah
Loop Capital
Hold
Price Target
$18 → $24
Upside
+3.85%
Tim Long
Barclays
Buy
Price Target
$24 → $27
Upside
+12.73%