Hewlett Packard Enterprise Company (HPE)

NYSE: HPE · IEX Real-Time Price · USD
17.80
+0.13 (0.74%)
Mar 28, 2024, 10:52 AM EDT - Market open
0.74%
Market Cap 22.83B
Revenue (ttm) 28.08B
Net Income (ttm) 1.91B
Shares Out 1.30B
EPS (ttm) 1.45
PE Ratio 12.19
Forward PE 9.50
Dividend $0.52 (2.92%)
Ex-Dividend Date Mar 14, 2024
Volume 1,343,933
Open 17.74
Previous Close 17.67
Day's Range 17.69 - 17.86
52-Week Range 13.66 - 20.07
Beta 1.20
Analysts Hold
Price Target 17.45 (-1.97%)
Earnings Date Feb 29, 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 12 analysts, the average rating for HPE stock is "Hold." The 12-month stock price forecast is $17.45, which is a decrease of -1.97% from the latest price.

Price Target
$17.45
(-1.97% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Hewlett Packard Enterprise Leverages GenAI to Enhance AIOps Capabilities of HPE Aruba Networking Central Platform

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced the expansion of its AIOps network management capabilities by integrating multiple generative AI (GenAI) Large Language...

2 days ago - Business Wire

NVDA, HPE, IBM: Bullish On Tech

Are there sell the volatility opportunities in Nvidia (NVDA) with the GTC conference? Next, Hewlett Packard Enterprise (HPE) could benefit from server demand.

Other symbols: IBMNVDA
9 days ago - Schwab Network

Hewlett Packard Enterprise Debuts End-to-End AI-Native Portfolio for Generative AI

SAN JOSE, Calif.--(BUSINESS WIRE)--Today at NVIDIA GTC, Hewlett Packard Enterprise (NYSE: HPE) announced updates to one of the industry's most comprehensive AI-native portfolios to advance the operati...

9 days ago - Business Wire

R2 Semiconductor Announces Two Important Updates in Intel Patent Infringement Case

PALO ALTO, Calif.--(BUSINESS WIRE)--R2 Semiconductor, a Third Point Ventures portfolio company (“R2”), today announced two important updates in its patent infringement case against German subsidiaries...

Other symbols: DELLINTC
10 days ago - Business Wire

AI talk is surging during company earnings calls — and so are those companies' shares

Company executives in the fourth quarter produced the second-highest amount of talk about artificial intelligence for any quarter in at least a decade, according to a tally from FactSet.

12 days ago - Market Watch

HPE Asset Upcycling Services Selected by Astellas Pharma to Support Sustainability Commitments and Drive Network Standardization

TOKYO--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that HPE Asset Upcycling Services have been selected by Astellas Pharma Inc. a global pharmaceutical company. Starting in...

14 days ago - Business Wire

Houston Airports Amp Up Traveler Experience with Next-Gen Mobility using HPE Aruba Networking

HOUSTON--(BUSINESS WIRE)--Houston Airports has deployed location-aware Wi-Fi 6E access points from HPE Aruba Networking in order to future-proof its guest wireless networks.

15 days ago - Business Wire

HPE Aruba Networking Positioned as a Leader for 18th Consecutive Time in 2024 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure Report

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced Gartner has recognized HPE Aruba Networking as a Leader in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wir...

16 days ago - Business Wire

HP Enterprise Extends Rally, Nears Record

The computer company has reported it is seeing significant momentum in AI-related server demand.

22 days ago - Barrons

Three Stock Lunch: Hewlett Packard, Dell, and Boeing

Quint Tatro, Joule Financial president and founder, joins 'Power Lunch' to discuss Tatro's investing take on three stocks: Hewlett Packard, Dell, and Boeing.

Other symbols: BADELL
26 days ago - CNBC Television

HPE CEO Neri on Forecast, Supply Issues and Networking

Hewlett Packard Enterprise CEO Antonio Neri discusses the company's reduced earnings forecast, supply issues and networking business. HPE reduced its outlook for sales growth and profit in the current...

26 days ago - Bloomberg Markets and Finance

Cramer's Mad Dash: HPE

CNBC's Jim Cramer delivers his daily Mad Dash.

26 days ago - CNBC Television

HPE CEO Antonio Neri on mixed Q1 results: A big chunk of AI shipments are deferred

HPE president and CEO Antonio Neri joins 'Squawk Box' to discuss the company's quaterly earnings results, which reported a mixed earnings report for the fiscal first quarter, demand outlook, and more.

27 days ago - CNBC Television

HPE's stock slides after a steep decline in revenue

Hewlett Packard Enterprise Co.'s stock fell 4% in after-hours trading Thursday after the company posted a steep drop in quarterly revenue but improved earnings.

27 days ago - Market Watch

HPE stock drops on mixed earnings, guidance miss

Hewlett Packard Enterprise (HPE) shares move lower in Thursday's after-hours trading session after the computer company shared mixed fiscal first-quarter earnings results. HPE missed revenue projectio...

27 days ago - Yahoo Finance

Hewlett Packard Enterprise sees downbeat Q2 revenue on weak networking solutions demand

Hewlett Packard Enterprise on Thursday forecast second-quarter revenue below Wall Street estimates, as businesses scale down spending on the server maker's technology solutions.

27 days ago - Reuters

Hewlett Packard Enterprise Reports Fiscal 2024 First Quarter Results

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for the first quarter ended January 31, 2024. "HPE exceeded our profitability expectations and drove ...

27 days ago - Business Wire

Bethesda Health Group Delivers Personalized Resident Care, Enhances Security, and Saves Six Figures with HPE Aruba Networking Expansion

HOUSTON--(BUSINESS WIRE)--With HPE Aruba Networking SSE, Bethesda can provide users with fast, secure access to applications and improve IT staff visibility into access events.

4 weeks ago - Business Wire

Hewlett Packard Enterprise CEO: Our goal is to democratize supercomputing for everyone

Hewlett Packard Enterprise CEO Antonio Neri speaks to CNBC's Karen Tso at Mobile World Congress in Barcelona, Spain.

4 weeks ago - CNBC International TV

JUNIPER NETWORKS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Juniper Networks, Inc. - JNPR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Juniper Networks...

Other symbols: JNPR
4 weeks ago - Business Wire

Hewlett Packard Enterprise Powering TELUS to Deliver Canada's First 5G Open RAN Network

BARCELONA--(BUSINESS WIRE)--HPE is working with TELUS, which is building Canada's first 5G open radio access network (Open RAN), by providing infrastructure across 3,000 sites.

4 weeks ago - Business Wire

University of Maryland Enhances Student Success and World-Class Research by Standardizing on HPE Aruba Networking

HOUSTON--(BUSINESS WIRE)--UMD deployed a new network enabling the institution to continue its academic leadership while saving millions over the life of the infrastructure.

6 weeks ago - Business Wire

Hewlett-Packard lost $4bn over Autonomy acquisition, London court told

HP's lawyers tell high court that software firm's co-founder Mike Lynch fraudulently inflated its value

6 weeks ago - The Guardian

Saskatchewan Polytechnic Ushers in the Next Generation of Industry Leaders With a New Era of Learning Supported by HPE GreenLake

SASKATOON, Saskatchewan--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced an agreement with Saskatchewan Polytechnic to improve student and faculty experience, and modernize its...

7 weeks ago - Business Wire

Hewlett Packard Enterprise to Present Live Audio Webcast of Fiscal 2024 First Quarter Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) will conduct a live audio webcast of its conference call to review its financial results for the first quarter of fiscal 2024, which en...

7 weeks ago - Business Wire