Hewlett Packard Enterprise Company (HPE)

NYSE: HPE · IEX Real-Time Price · USD
21.12
-0.04 (-0.19%)
At close: Jul 2, 2024, 4:00 PM
21.13
+0.01 (0.05%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-0.19%
Market Cap 27.45B
Revenue (ttm) 28.31B
Net Income (ttm) 1.81B
Shares Out 1.30B
EPS (ttm) 1.37
PE Ratio 15.42
Forward PE 11.05
Dividend $0.52 (2.46%)
Ex-Dividend Date Jun 18, 2024
Volume 10,632,725
Open 20.86
Previous Close 21.16
Day's Range 20.81 - 21.17
52-Week Range 14.47 - 22.82
Beta 1.19
Analysts Buy
Price Target 20.69 (-2.04%)
Earnings Date Jun 4, 2024

About HPE

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other. The company offers general purpose servers for multi-workload computing and workload-optimized servers; HPE ProLiant rack and tower servers; HPE Synergy; HPE Alletra, HPE GreenLake, Zerto, HPE InfoSight, and HPE Cl... [Read more]

Sector Technology
Founded 1939
Employees 62,000
Stock Exchange NYSE
Ticker Symbol HPE
Full Company Profile

Financial Performance

In 2023, HPE's revenue was $29.14 billion, an increase of 2.24% compared to the previous year's $28.50 billion. Earnings were $2.03 billion, an increase of 133.29%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for HPE stock is "Buy." The 12-month stock price forecast is $20.69, which is a decrease of -2.04% from the latest price.

Price Target
$20.69
(-2.04% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Converge Technology Solutions Named North America Storage Partner of the Year by Hewlett Packard Enterprise

TORONTO and GATINEAU, QC, June 27, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce it had been awarded North America Storage Par...

5 days ago - PRNewsWire

Nvidia controls the AI universe now — but these tech giants will lead the next boom

Simple, out-of-the box AI to run a business will be a moneymaker for software providers

6 days ago - Market Watch

Ingram Micro Named 2024 Global Distribution Partner of the Year by Hewlett Packard Enterprise

IRVINE, Calif.--(BUSINESS WIRE)--For the second year in a row, Ingram Micro has been named Hewlett Packard Enterprise's (HPE) Global Distribution Partner of the Year. Presented during the HPE Partner ...

6 days ago - Business Wire

Hewlett Packard Enterprise Releases 2023 Living Progress Report

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today released its annual Living Progress Report for fiscal year 2023, exhibiting the company's business strategy and commitment to cre...

7 days ago - Business Wire

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Juniper Networks to Hewlett Packard

SAN DIEGO, CA / ACCESSWIRE / June 24, 2024 / Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Juniper Networks (NYSE:JNPR) ("Juniper" or ...

Other symbols: JNPR
8 days ago - Accesswire

HPE CEO talks $14 billion acquisition deal of Juniper networks

The UK's Competition and Markets Authority has opened an investigation into whether Hewlett Packard Enterprise's (HPE) planned $14 billion acquisition of Juniper Networks (JNPR) could create competiti...

Other symbols: JNPR
10 days ago - Yahoo Finance

HPE-Nvidia partnership will make AI enterprise history: HPE CEO

Hewlett Packard Enterprise (HPE) announced a new partnership with chip giant Nvidia (NVDA) at its HPE Discover 2024 event in Las Vegas this week, where the former unveiled its "Nvidia AI Computing by ...

Other symbols: NVDA
12 days ago - Yahoo Finance

HPE CEO on HPE-Nvidia AI partnership

Antonio Neri, HPE CEO, joins 'Money Movers' to discuss how an enterprise might want to jump on the AI train, if corporates will begin to tell Wall Street about more specific monetizable use cases for ...

Other symbols: NVDA
12 days ago - CNBC Television

Elon Musk Spills More Details on xAI Supercomputer. These Stocks Will Benefit.

Musk is taking an unusually transparent approach in giving details of what companies are helping to build computing infrastructure for his AI startup.

Other symbols: DELLNVDASMCITSLA
12 days ago - Barrons

UK launches probe into HPE's $14-billion acquisition of Juniper Networks

The British Competition and Markets Authority (CMA) announced on Wednesday that it has initiated an investigation into Hewlett Packard Enterprise Company's (HPE) proposed $14 billion acquisition of Ju...

Other symbols: JNPR
13 days ago - Invezz

UK probes HPE's planned $14B Juniper Networks acquisition

The U.K.'s Competition and Markets Authority (CMA) has announced an initial “phase 1” investigation into Hewlett Packard Enterprise's (HPE) planned acquisition of Juniper Networks.

Other symbols: JNPR
13 days ago - TechCrunch

UK probes Hewlett Packard Enterprise's $14 bln deal for Juniper Networks

Britain's competition regulator said on Wednesday it was investigating whether Hewlett Packard Enterprise's planned $14 billion acquisition of Juniper Networks would result in competition concerns in ...

Other symbols: JNPR
13 days ago - Reuters

Deloitte Announces Collaboration With Hewlett Packard Enterprise and NVIDIA on Co-Developed Generative AI Solutions

First use case with Deloitte of 'NVIDIA AI Computing by HPE' product portfolio aims  to help manufacturers at all stages of digital maturity build and operate secure-by-design manufacturing simulation...

14 days ago - PRNewsWire

CrowdStrike Collaborates with Hewlett Packard Enterprise to Secure End-to-End AI Innovation, Including LLMs

LAS VEGAS--(BUSINESS WIRE)--HPE Discover 2024 – CrowdStrike (NASDAQ: CRWD) today announced a strategic partnership with Hewlett Packard Enterprise (NYSE: HPE) to secure end-to-end AI innovation, inclu...

Other symbols: CRWD
14 days ago - Business Wire

HPE CEO unveils 'simple' AI hardware aimed to help businesses

Hewlett Packard Enterprise CEO Antonio Neri pitched a new line of hardware, software and services to businesses interested in deploying various forms of artificial intelligence at its Las Vegas confer...

14 days ago - Reuters

HP Enterprise may be an underrated AI play, and new deal with Nvidia could help

CEO Antonio Neri says company's history shows it knows ‘how to run AI systems at scale'.

14 days ago - Market Watch

Hewlett Packard Enterprise and NVIDIA Announce ‘NVIDIA AI Computing by HPE' to Accelerate Generative AI Industrial Revolution

LAS VEGAS--(BUSINESS WIRE)--HPE Discover 2024 – Hewlett Packard Enterprise (NYSE: HPE) and NVIDIA today announced NVIDIA AI Computing by HPE, a portfolio of co-developed AI solutions and joint go-to-m...

14 days ago - Business Wire

Hewlett Packard Enterprise Introduces New AI and Hybrid Cloud Programs to Boost Partner Profitability

LAS VEGAS--(BUSINESS WIRE)--HPE Discover – Hewlett Packard Enterprise (NYSE: HPE) today announced a new AI enablement program, in collaboration with NVIDIA, designed to boost profitability and deliver...

14 days ago - Business Wire

Juniper Networks Analyst Reassures Investors About Hewlett Packard Acquisition

Earlier this year, Juniper Networks, Inc. JNPR had received a deal to be acquired by Hewlett Packard Enterprise Co HPE.

Other symbols: JNPR
14 days ago - Benzinga

Hewlett Packard Enterprise and Danfoss Partner to Curb Data Center Energy Consumption and Reuse Excess Heat

LAS VEGAS--(BUSINESS WIRE)--HPE Discover 2024 – Hewlett Packard Enterprise (NYSE: HPE) and Danfoss today announced their collaboration to deliver HPE IT Sustainability Services – Data Center Heat Reco...

14 days ago - Business Wire

BTG Pactual Timberland Investment Group to provide Microsoft with 8 million carbon removal credits

NEW YORK--(BUSINESS WIRE)--Today, the BTG Pactual Timberland Investment Group (TIG) announced the execution of a carbon offset credit transaction with Microsoft. Under the terms of the agreement, TIG ...

Other symbols: IIIN
14 days ago - Business Wire

CBTS named North America Compute Partner of the Year 2024 by Hewlett Packard Enterprise (HPE)

Cincinnati, Ohio--(Newsfile Corp. - June 18, 2024) - CBTS, a global provider of IT solutions and services—including Application Modernization , Digital Workplace , Managed Hybrid Cloud , Cybersecurity...

14 days ago - Newsfile Corp

11:11 Systems Named HPE North America Service Provider of the Year

LAS VEGAS--(BUSINESS WIRE)-- #1111Systems--11:11 Systems (“11:11”), a managed infrastructure solutions provider, has been named North America Service Provider of the Year by Hewlett Packard Enterprise...

14 days ago - Business Wire

Bullish on HPE, SMCI, NVDA

HP Enterprise (HPE), Super Micro Computer (SMCI), and Nvidia (NVDA) are three stocks to watch. Tom White goes over the latest in these stocks and demonstrates example trades using them.

Other symbols: NVDASMCI
19 days ago - Schwab Network

KIOXIA Unlocks Data Potential From the Edge to the Cloud to AI; Highlights Flash Storage Breakthroughs at HPE Discover 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--KIOXIA will be at HPE Discover next week.

19 days ago - Business Wire