Hewlett-Packard Enterprise Company (NYSE:HPE) is one of the Hot AI Stocks to Keep on Your Radar. On January 13, Goldman Sachs analyst Katherine Murphy assumed coverage on the stock to Buy from Neutral with a price target of $31.
The rating coverage follows HPE’s acquisition of Juniper in July 2025, which the firm believes has “meaningfully shifted its business mix towards the higher-margin, faster-growing Networking segment.”
Owing to concerns about HPE’s legacy IT hardware business, limited AI infrastructure participation, and integration risks related to the Juniper acquisition, the firm further noted how HPE’s current multiple remains discounted as compared to peers.
Overall, even though HPE is going to be a “show-me story in 2026,” the merger with Juniper reinforces the company’s position as the number two player in the enterprise/campus networking market; expanding its reach in data center networking.
Hewlett Packard Enterprise Company (NYSE:HPE), an American multinational technology company, provides high-performance computing systems, AI software, and data storage solutions for running complex AI workloads.
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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