Hewlett-Packard Enterprise Company (HPE) is gaining attention as one of the top AI stocks on Wall Street. Goldman Sachs analyst Michael Ng has reinstated coverage on the stock with a “Neutral” rating and a price target of $22, following HPE’s acquisition of Juniper Networks. The firm sees HPE as a strong competitor in data center networking, but maintains a Neutral stance on the stock due to challenges in the Server and Hybrid Cloud divisions. HPE is projected to have earnings per share of $1.80 for fiscal 2025, $2.23 for fiscal 2026, and $2.42 for fiscal 2027. While HPE shows promise, other AI stocks may offer greater potential.

Read more at Yahoo Finance: Is HPE the Next Big AI Stock? Goldman Sachs Weighs In