Jul. 1 at 4:00 PM
$HPE Gaps up to
$46.10 and eventually up to
$64.40 are still wide open and
$HPE is still trading at a 10.7 FPE NFY despite half their profits coming from NETWORKING AND SECURITY products and 10+ analyst upgrades in recognition of their turnaround, increased EPS, new products, successful strategy implementation, 143 percent networking revenue growth, increased guidance, etc.
The analyst's got it right, even if the current pricing is deely undervaluing the co, Depending on what formula is used fair value is
$60-
$68 a share, Intrinsic is in the high
$50S. Looking forward to this stock price reflecting what the company actually does soon. Hope repricing does take as long as it took for MU, SNDK, CSCO, etc,
