Hewlett Packard Enterprise Company (HPE)
| Market Cap | 25.68B |
| Revenue (ttm) | 28.31B |
| Net Income (ttm) | 1.81B |
| Shares Out | 1.30B |
| EPS (ttm) | 1.37 |
| PE Ratio | 14.42 |
| Forward PE | 10.34 |
| Dividend | $0.52 (2.63%) |
| Ex-Dividend Date | Jun 18, 2024 |
| Volume | 7,841,168 |
| Open | 19.58 |
| Previous Close | 19.45 |
| Day's Range | 19.54 - 19.91 |
| 52-Week Range | 14.47 - 22.82 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 21.08 (+6.68%) |
| Earnings Date | Aug 27, 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]
Financial Performance
In 2023, Hewlett Packard Enterprise'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 StatementsAnalyst Forecast
According to 12 analysts, the average rating for HPE stock is "Buy." The 12-month stock price forecast is $21.08, which is an increase of 6.68% from the latest price.
News
HPE Appoints Jennifer Temple Chief Marketing & Communications Officer
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today named Jennifer Temple as Executive Vice President and Chief Marketing & Communications Officer (CMCO), effective August 1, 2024. ...
The Nvidia-led AI gold rush is paydirt for these 5 data-center growth stocks
Providers of AI infrastructure ‘picks and shovels' stand to benefit from growing demand
Hewlett Packard Enterprise to Deliver AIST's Next-generation Supercomputer for Generative AI Powered by NVIDIA
TOKYO--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced it will build a new supercomputer powered by NVIDIA for one of Japan's largest research institutions, AIST (National Inst...
Dasera Releases The State of Data Risk Management 2024, Unveiling a Significant Gap Between Perceived Security Posture & Reality of Breaches
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Dasera, a leader in data security posture management (DSPM), today announced the release of The State of Data Risk Management 2024 report. The report unveils a ...
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...
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 ...
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...
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 ...
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...
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 ...
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 ...
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.
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...
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.
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 ...
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...
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...
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...
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...
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...
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'.
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.
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...
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 ...