The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Hewlett Packard Enterprise Company (NYSE:HPE) is one of the 10 Companies That Partnered With Nvidia in 2026. According to a report released on April 7, Goldman Sachs analyst Katherine Murphy reaffirmed a Buy rating on Hewlett Packard Enterprise Company (NYSE:HPE) while cutting the firm’s price target on the stock. The analyst lowered the firm’s price target on the shares from $31 to $29. The adjusted price target suggests an additional 16% upside from the current levels.

On March 16, Hewlett Packard Enterprise Company (NYSE:HPE) announced a major expansion in its partnership with NVIDIA at GTC 2026. This expansion is aimed at helping enterprises adopt AI more quickly and efficiently. The collaboration is focused on providing an integrated and secure AI infrastructure that allows companies to move from testing to full-scale deployment with greater ease.

Hewlett Packard Enterprise Company (NYSE:HPE) CEO Antonio Neri highlighted:

"Our industry leadership across cloud, networking, and AI enables organizations to operationalize AI securely, efficiently, and at an unprecedented scale. Together with Nvidia, HPE delivers turnkey AI factories and networks that transform AI ambitions into real enterprise value."

A major update includes the expansion of HPE Private Cloud AI, which is built with NVIDIA technology. The platform now supports larger workloads, with systems scaling up to 128 GPUs. The platform also offers air-gapped configurations for highly regulated industries. This improves data security and ensures stronger compliance.

Hewlett Packard Enterprise Company (NYSE:HPE) operates as an intelligent solutions developer. The company operates in the Networking, Server, Financial Services, Hybrid Cloud, Corporate Investments, and Other segments. It was incorporated in 1939 and is based in Spring, Texas.

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.

READ NEXT: 10 Stocks That Will Skyrocket When Oil Prices Fall and  8 Best American Stocks to Buy for the Next 5 Years.

Disclosure: None. Follow Insider Monkey on Google News.