logo
Hewlett Packard Enterprise (HPE): New Buy Recommendation for This Technology Giant

Hewlett Packard Enterprise (HPE): New Buy Recommendation for This Technology Giant

Raymond James analyst Simon Leopold reiterated a Buy rating on Hewlett Packard Enterprise today and set a price target of $29.00. The company's shares closed today at $21.29.
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Leopold is a 5-star analyst with an average return of 10.0% and a 58.96% success rate. Leopold covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Cisco Systems, and Applied Optoelectronics.
In addition to Raymond James, Hewlett Packard Enterprise also received a Buy from Barclays's Tim Long in a report issued on July 3. However, on the same day, Wells Fargo maintained a Hold rating on Hewlett Packard Enterprise (NYSE: HPE).
Based on Hewlett Packard Enterprise's latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $7.63 billion and a GAAP net loss of $1.08 billion. In comparison, last year the company earned a revenue of $7.18 billion and had a net profit of $314 million
Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HPE in relation to earlier this year. Last month, Jeremy Cox, the SVP, Controller & CTO of HPE sold 68,590.00 shares for a total of $1,264,113.70.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why Did Energy Fuels Stock Get Clobbered Today?
Why Did Energy Fuels Stock Get Clobbered Today?

Yahoo

time7 minutes ago

  • Yahoo

Why Did Energy Fuels Stock Get Clobbered Today?

Key Points Energy Fuels stock tumbled today on no obvious bad news -- either for it or for uranium stocks in general. Energy Fuels stock is not currently profitable, but it might turn profitable next year. Other atomic stocks with worse prospects for profits are performing better today. 10 stocks we like better than Energy Fuels › Energy Fuels (NYSEMKT: UUUU) stock collapsed Tuesday, falling 17.4% through 11:45 a.m. ET on no obvious bad news. To the contrary, the latest news for uranium stocks in general (and presumably for Energy Fuels in particular) looks rather good. According to the energy experts at "Uranium prices and nuclear equities are surging as tight supply, underbuilt production pipelines, and policy-driven nuclear revival create a structural supply deficit." So what's ailing Energy Fuels stock today? Uranium prices still strong The most obvious likely culprit for a decline in stock price at a company that mines uranium would be a decline in the price of uranium. But in fact, according to data from TradingEconomics, uranium prices are doing just fine. True, after approaching a recent high near $80 per pound back in June, uranium prices "corrected" sharply lower in early July. But the price of uranium has slowly been moving back up ever since and recently passed $73 a pound. Regardless, shares of not just Energy Fuels but also of rivals Cameco (NYSE: CCJ) and Denison Mines (NYSEMKT: DNN) are down today -- though the others aren't down as much as Energy Fuels stock is. Is Energy Fuels stock a buy? Also noteworthy is that Denison in particular received price target hikes from multiple investment banks yesterday. This is curious because, while both Denison and Energy Fuels stocks are currently unprofitable, analysts polled by S&P Global Market Intelligence think Energy Fuels stock will turn profitable next year, but Denison isn't expected to earn a profit again until 2029. Call me a traditionalist for preferring profitable stocks over unprofitable stocks, but that kind of makes me think today's unexplained sell-off could make this a good time to buy some Energy Fuels stock. Should you buy stock in Energy Fuels right now? Before you buy stock in Energy Fuels, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Energy Fuels wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,466!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,633!* Now, it's worth noting Stock Advisor's total average return is 1,076% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends Cameco. The Motley Fool has a disclosure policy. Why Did Energy Fuels Stock Get Clobbered Today? was originally published by The Motley Fool

Dayforce (DAY) Soars 26% on Acquisition Reports
Dayforce (DAY) Soars 26% on Acquisition Reports

Yahoo

time7 minutes ago

  • Yahoo

Dayforce (DAY) Soars 26% on Acquisition Reports

We recently published . Dayforce Inc. (NYSE:DAY) is one of Monday's top performers. Dayforce surged by 25.98 percent on Monday to finish at $66.62 apiece as investors gobbled up shares following reports that it was set to be acquired by private equity firm Thoma Bravo for $9.9 billion. According to a report by Reuters, citing sources privy to the matter, a deal could be announced as early as this week or possibly next week. Meanwhile, Bloomberg said that the deal could still be delayed or fall through. Thoma Bravo has been actively pursuing software acquisitions this year as part of its plans to take advantage of the booming artificial intelligence. Earlier this month, Dayforce Inc. (NYSE:DAY) announced an impressive earnings performance in both the second quarter and the first half of the year. In the quarter period, the company swung to a net income of $21.3 million from a $1.8 million net loss in the same period last year, as total revenues grew 10 percent to $464.7 million from $423.3 million year-on-year. Copyright: rawpixel / 123RF Stock Photo In the first half, net income soared by 583 percent to $36.2 million from $5.3 million, while revenues jumped by 10.7 percent to $946.5 million from $854.8 million year-on-year. While we acknowledge the potential of DAY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .

Diplomatic Theater Leaves Crude Markets Unmoved
Diplomatic Theater Leaves Crude Markets Unmoved

Yahoo

time12 minutes ago

  • Yahoo

Diplomatic Theater Leaves Crude Markets Unmoved

The Trump-Putin and subsequent Trump-Zelenskiy meetings provided ample talking points for the markets at large; however, the lack of sanctioning threats has been mostly a bearish factor for crude prices. The price drops of late have been relatively tiny, with ICE Brent still trading around $66 per barrel, yet the upside from here seems to be minimal, barring a sudden escalation. Beijing Bags Barrels as Indian Refiners Mull Their Russia Options - According to media reports, Chinese refineries have purchased at least 15 cargoes for October and November delivery as India's state-owned refineries limit their imports of Russian crude amidst rising geopolitical tensions. - Russia's medium sour Urals grade, accounting for more than half of its oil exports, tends to flow mostly to India because of shorter logistics from the Black Sea and Baltic Sea ports of the country. - Chinese refiners have imported only two cargoes of Urals in June, only one in July, however as India's demand started to wane, they've scooped up at least 10 tankers for October, quadrupling their intake compared to the 2025 average of 40,000 b/d. - Soaring Chinese imports of Russian oil are also a reaction to higher Middle Eastern prices, after Saudi Aramco hiked its September-loading formula prices to a $3.20 per barrel premium over Oman/Dubai. Market Movers- UK-based energy major Shell (LON:SHEL) has transferred its stakes in four contiguous blocks in the central part of the Gulf of Mexico to BP (NYSE:BP), indicating that the high-impact Penguin prospect might've turned out to be dry. - Algeria's state oil company Sonatrach has struck oil in Libya, confirming prospective resources at in the onshore Block 065 it operates, just south of the Wafa field that produces 40,000 b/d of crude.- US utility company Black Hills (NYSE:BLK) agreed to purchase its industry peer NorthWestern Energy for $3.6 billion in an all-stock deal, marking another important step in America's power M&A landscape. - Italy's energy major ENI (BIT:ENI) agreed to sell a 49.99% stake in its carbon capture and storage projects to BlackRock (NYSE:BLK) subsidiary GIP, mostly covering upstream assets in the North Sea. Tuesday, August 19, 2025 The Trump-Putin and subsequent Trump-Zelenskiy meetings provided ample talking points for the markets at large, however the lack of sanctioning threats has been mostly a bearish factor for crude prices. The price drops of late have been relatively tiny, with ICE Brent still trading around $66 per barrel, yet the upside from here seems to be minimal, barring a sudden escalation. US Keeps Pressure on India's Russian Imports. Writing an op-ed in the Financial Times, Trump's trade advisor Peter Navarro said India's purchases of Russian oil were funding Moscow's war effort in Ukraine, just as a planned visit from US trade negotiators to New Delhi next week was called off. China Floods the Market with Products. Chinese exports of refined products rose to a 13-month high of 5.34 million tonnes last month, marking a 7% increase year-on-year, driven primarily by diesel flows as Europe continued to buy long-haul volumes, whilst domestic demand in China wanes. Iran Halts Power Exports to Iraq. Iran halted electricity exports to neighbouring Iraq, citing a surge in domestic consumption as the country's power demand jumped to 77 GW, whilst Tehran had to ratchet up its own power imports from Armenia, Azerbaijan and Turkmenistan to prevent blackouts. China's LNG Import Slide Continues. With China's LNG imports trending 20% compared to 2024 readings, July arrivals to the world's once-largest LNG importer totalled only 35.51 million tonnes LNG, marking the ninth straight month of annual declines as JKM prices remain above $11/ Eyes Modular Refinery Bonanza. Indonesia's government plans to build at least 17 modular refineries across the country, with the country's sovereign wealth fund Danantara keen to sign an $8 billion deal with US engineering firm KBR (NYSE:KBR) despite profitability concerns. Norway's LNG Troubles Continue. The Hammerfest LNG terminal in Norway's Arctic was forced to shut its production of LNG this weekend due to an overheating electric transformer, less than two weeks after operator Equinor (NYSE:EQNR) restarted operations after a three-month maintenance. Brazil's Regulator Halts Output at Key FPSO. Brazil's largest independent oil producer Prio (BVMF:PRIO3) admitted that the country's local regulator had ordered a full production halt at its 100,000 b/d Peregrino FPSO, citing the need for improvements in risk management documentation. Glencore Doubles Down on Argentinian Copper. Global mining giant Glencore (LON:GLEN) has submitted applications to Argentina's authorities for RIGI tax incentives, vowing to develop the $4 billion Agua Rica and $9.5 billion El Pachon copper mines in the country, creating 2,500 new jobs. Ukraine Strikes Halt Russian Pipeline. Ukraine's military confirmed that its drones struck an oil pumping station in Russia's Tambov region feeding the Druzhba pipeline that supplies some 210,000 b/d of Russian oil to Hungary and Slovakia, halting pipeline transportation in the conduit completely. ADNOC's Purchase of Santos Delayed Again. Australia's upstream giant Santos (ASX:STO) announced that the ADNOC-led consortium, comprising Abu Dhabi's holding company ADQ and PE firm Carlyle, will not be able to finalize its $18.7 billion bid for the producer for at least a month. Trump Promises to Slap Tariffs on Semiconductors. US President Donald Trump vowed to introduce tariffs on imports of steel and semiconductor chips over the coming weeks, adding that rates would be lower at the start to allow companies to relocate their manufacturing to the United States. US Miner Calls Off Giant Coking Coal Deal. US mining firm Peabody Energy (NYSE:BTU) terminated its planned purchase of Anglo American's Australian coking coal assets, failing to adjust the $3.8 billion purchase price after a fire at the Moranbah North mine, paving the way for arbitration. Russia's Dormant LNG Giant Awakens. Four LNG carriers linked to Novatek's (MCX:NVTK) 19.8 mtpa Arctic LNG 2 project are headed towards Asia along the Northern Sea Route, putting an end to months of little activity as both the ships and the project remain under stringent US sanctions. By Tom Kool for More Top Reads From this article on Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store