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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
The Strategic Gold Play You Haven't Heard About (Ad)
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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
The Strategic Gold Play You Haven't Heard About (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
The Strategic Gold Play You Haven't Heard About (Ad)
What analysts wanted out of Chewy stock is finally here
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Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
SoFi expands ETF business with options-driven income fund
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company

Hewlett Packard Enterprise Stock Price, News & Analysis (NYSE:HPE)

$16.08
-0.46 (-2.78%)
(As of 12/5/2023 ET)
Compare
Today's Range
$16.04
$16.43
50-Day Range
$15.13
$17.63
52-Week Range
$13.65
$18.14
Volume
15.43 million shs
Average Volume
12.05 million shs
Market Capitalization
$20.63 billion
P/E Ratio
10.44
Dividend Yield
2.99%
Price Target
$17.90

Hewlett Packard Enterprise MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
11.3% Upside
$17.90 Price Target
Short Interest
Healthy
2.71% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.11
Upright™ Environmental Score
News Sentiment
0.50mentions of Hewlett Packard Enterprise in the last 14 days
Based on 37 Articles This Week
Insider Trading
Selling Shares
$13.60 M Sold Last Quarter
Proj. Earnings Growth
-5.76%
From $1.91 to $1.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Computer And Technology Sector

283rd out of 592 stocks

Computers, Peripherals, & Software Industry

3rd out of 4 stocks


HPE stock logo

About Hewlett Packard Enterprise Stock (NYSE: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; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE Modular Storage Arrays and HPE XP. It also offers HPE Cray, HPE Apollo, and converged edge systems; and HPE Superdome Flex, HPE Nonstop, and HPE Integrity products. In addition, the company provides HPE Aruba product portfolio that includes hardware products, such as Wi-Fi access points, switches, and gateways; HPE Aruba software and services comprising cloud-based management, network management, network access control, analytics and assurance, and location; and professional and support services, as well as as-a-service and consumption models for the intelligent edge portfolio of products. Further, it offers various leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. Additionally, the company provides consultative-led services; HPE Ezmeral Container Platform; HPE Ezmeral Data Fabric; and Hewlett Packard Labs. It serves commercial and large enterprise groups, such as business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. The company was founded in 1939 and is headquartered in Spring, Texas.

HPE Stock Price History

HPE Stock News Headlines

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HPE CEO talks Nvidia partnership, the future of AI
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
HPE discovers new vision for an AI-native architecture
Ofinno Slashes Cloud Costs Up to 90% with HPE GreenLake
See More Headlines
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Company Calendar

Ex-Dividend for 10/13 Dividend
9/13/2023
Dividend Payable
10/13/2023
Last Earnings
11/28/2023
Today
12/05/2023
Ex-Dividend for 1/11 Dividend
12/12/2023
Dividend Payable
1/11/2024
Next Earnings (Estimated)
3/07/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Computers, peripherals, & software
Sub-Industry
N/A
Fax
N/A
Employees
60,200
Year Founded
1939

Price Target and Rating

Average Stock Price Target
$17.90
High Stock Price Target
$21.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+11.3%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$2.03 billion
Pretax Margin
7.65%

Debt

Sales & Book Value

Annual Sales
$29.14 billion
Cash Flow
$3.44 per share
Book Value
$16.56 per share

Miscellaneous

Outstanding Shares
1,282,860,000
Free Float
1,276,066,000
Market Cap
$20.63 billion
Optionable
Optionable
Beta
1.25

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Should I Buy Hewlett Packard Enterprise Stock? HPE Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Hewlett Packard Enterprise was last updated on Sunday, December 3, 2023 at 4:28 PM.

Pros

Here are some ways that investors could benefit from investing in Hewlett Packard Enterprise:

  • Hewlett Packard Enterprise reported a higher-than-expected EPS of $0.49 for the last quarter, beating analysts' consensus estimates. This indicates strong financial performance and potential for future growth.
  • The company had a return on equity of 5.32%, which suggests that it is efficiently utilizing its shareholders' investments to generate profits.
  • Hewlett Packard Enterprise announced a quarterly dividend of $0.12 per share, representing a yield of 3.03%. This provides an opportunity for investors to earn regular income from their investment.
  • The recent insider selling by EVP Alan Richard May and CEO Antonio F. Neri could indicate confidence in the company's future prospects, as insiders typically sell their shares when they believe the stock is overvalued.
  • Hewlett Packard Enterprise has a consensus rating of "Moderate Buy" from analysts, with an average price target of $17.82. This suggests that there is potential for the stock price to increase in the future.

Cons

Investors should be bearish about investing in Hewlett Packard Enterprise for these reasons:

  • The net margin of Hewlett Packard Enterprise is 3.64%, which is relatively low compared to its competitors. This indicates that the company may have lower profitability.
  • The revenue growth of Hewlett Packard Enterprise was only 0.7% compared to the same quarter last year. This suggests that the company may be facing challenges in increasing its sales.
  • The stock price of Hewlett Packard Enterprise is subject to market volatility and may fluctuate based on market conditions and investor sentiment.
  • There is a risk of technological obsolescence in the technology industry, and Hewlett Packard Enterprise may face challenges in keeping up with rapid technological advancements.
  • Investors should carefully consider their investment objectives and risk tolerance before investing in Hewlett Packard Enterprise, as the stock market can be unpredictable and investments in individual stocks carry inherent risks.














HPE Stock Analysis - Frequently Asked Questions

Should I buy or sell Hewlett Packard Enterprise stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HPE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPE, but not buy additional shares or sell existing shares.
View HPE analyst ratings
or view top-rated stocks.

What is Hewlett Packard Enterprise's stock price target for 2024?

9 brokerages have issued 12-month price objectives for Hewlett Packard Enterprise's shares. Their HPE share price targets range from $15.00 to $21.00. On average, they predict the company's stock price to reach $17.90 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for HPE
or view top-rated stocks among Wall Street analysts.

How have HPE shares performed in 2023?

Hewlett Packard Enterprise's stock was trading at $15.96 at the beginning of the year. Since then, HPE shares have increased by 0.8% and is now trading at $16.08.
View the best growth stocks for 2023 here
.

Are investors shorting Hewlett Packard Enterprise?

Hewlett Packard Enterprise saw a increase in short interest in November. As of November 15th, there was short interest totaling 34,660,000 shares, an increase of 10.9% from the October 31st total of 31,250,000 shares. Based on an average daily volume of 9,740,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 2.7% of the shares of the company are short sold.
View Hewlett Packard Enterprise's Short Interest
.

When is Hewlett Packard Enterprise's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our HPE earnings forecast
.

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise (NYSE:HPE) announced its quarterly earnings data on Tuesday, November, 28th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. The technology company earned $7.35 billion during the quarter, compared to analyst estimates of $7.36 billion. Hewlett Packard Enterprise had a trailing twelve-month return on equity of 9.83% and a net margin of 6.95%. The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.23) earnings per share.
Read the conference call transcript
.

How often does Hewlett Packard Enterprise pay dividends? What is the dividend yield for Hewlett Packard Enterprise?

Hewlett Packard Enterprise announced a quarterly dividend on Tuesday, November 28th. Investors of record on Wednesday, December 13th will be paid a dividend of $0.13 per share on Thursday, January 11th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Tuesday, December 12th. This is a boost from the stock's previous quarterly dividend of $0.12.
Read our dividend analysis for HPE
.

Is Hewlett Packard Enterprise a good dividend stock?

Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.84%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HPE.

What guidance has Hewlett Packard Enterprise issued on next quarter's earnings?

Hewlett Packard Enterprise issued an update on its FY24 earnings guidance on Tuesday, November, 28th. The company provided earnings per share guidance of $1.82-2.02 for the period, compared to the consensus estimate of $1.93.

What is Antonio Neri's approval rating as Hewlett Packard Enterprise's CEO?

1,708 employees have rated Hewlett Packard Enterprise Chief Executive Officer Antonio Neri on Glassdoor.com. Antonio Neri has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Hewlett Packard Enterprise own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hewlett Packard Enterprise investors own include HP (HPQ), AT&T (T), Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Bank of America (BAC), General Electric (GE), Pfizer (PFE) and Micron Technology (MU).

Who are Hewlett Packard Enterprise's major shareholders?

Hewlett Packard Enterprise's stock is owned by a variety of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (2.55%), Victory Capital Management Inc. (1.32%), LSV Asset Management (1.24%), Morgan Stanley (1.24%), Northern Trust Corp (1.16%) and Invesco Ltd. (1.13%). Insiders that own company stock include Alan Richard May, Antonio F Neri, Gary M Reiner, Irv Rothman, Jean M Hobby, Jeff T Ricci, Jeremy Cox, John F Schultz, John F Schultz, Justin Hotard, Keerti Melkote, Keith Anderson, Kirt P Karros, Kirt P Karros, Neil B Macdonald, Phil Mottram, Tarek Robbiati, Thomas E Black Jr and Thomas E Black, Jr.
View institutional ownership trends
.

How do I buy shares of Hewlett Packard Enterprise?

Shares of HPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Hewlett Packard Enterprise have any subsidiaries?
The following companies are subsidiares of Hewlett Packard Enterprise: 3Com International Inc., 3PAR Inc., Apogee, Aruba Networks Inc., Aruba Networks International Cayman, Aruba Networks International Limited, BlueData Software, Cloud Cruiser, Cloud Technology Partners, Cloud Technology Partners Inc., Compaq Computer (Mauritius), Compaq Trademark B.V., Cray, Cray Inc., EDS World Corporation (Far East) LLC, EYP Mission Critical Facilities Inc., H3C Holdings Limited, HP Enterprise Services Australia Pty Ltd, HP Financial Services (Australia) Pty Limited, HP Financial Services (Chile) Limitada, HP Financial Services (Japan) K.K., HP Financial Services Arrendamento Mercantil S.A., HP Financial Services Company (Korea), HP Financial Services International Holdings Company, HPE Government LLC, HPFS Global Holdings I LLC, HPFS Global Holdings II LLC, HPFS Rental S.R.L., Hangzhou H3C Technologies Co. Ltd, Hewlett Packard Caribe BV LLC, Hewlett Packard Colombia Ltda., Hewlett Packard Enterprise (China) Co. Ltd., Hewlett Packard Enterprise B.V., Hewlett Packard Enterprise B.V. Amstelveen Meyrin Branch, Hewlett Packard Enterprise Canada Co., Hewlett Packard Enterprise Canada Co. Hewlett Packard Enterprise Canada Cie, Hewlett Packard Enterprise Costa Rica Limitada, Hewlett Packard Enterprise GlobalSoft Private Limited, Hewlett Packard Enterprise India Private Limited, Hewlett Packard Enterprise Ireland Limited, Hewlett Packard Enterprise Luxembourg SCA, Hewlett Packard Enterprise Polska sp. z o.o., Hewlett Packard Pathfinder LLC, Hewlett Packard Taiwan Ltd., Hewlett-Packard (Israel) Ltd., Hewlett-Packard (M) Sdn. Bhd., Hewlett-Packard (Nigeria) Limited, Hewlett-Packard (Schweiz) GmbH, Hewlett-Packard (Tanzania) Limited, Hewlett-Packard (Thailand) Limited, Hewlett-Packard ApS, Hewlett-Packard Argentina S.R.L., Hewlett-Packard Asia Pacific Pte. Ltd., Hewlett-Packard Australia Pty Ltd, Hewlett-Packard Belgium SPRL/BVBA, Hewlett-Packard Bermuda Enterprises LLC, Hewlett-Packard Brasil Ltda., Hewlett-Packard Bulgaria EOOD, Hewlett-Packard Caribe B.V., Hewlett-Packard Caribe Y Andina B.V. LLC, Hewlett-Packard Chile Comercial Limitada, Hewlett-Packard Cyprus Ltd, Hewlett-Packard Ecuador Cia. Ltda., Hewlett-Packard Egypt Ltd., Hewlett-Packard Financial Services (India) Private Limited, Hewlett-Packard Financial Services Canada Company, Hewlett-Packard Financial Services Company, Hewlett-Packard France SAS, Hewlett-Packard G1 SPV (Cayman) Company, Hewlett-Packard Gesellschaft mbH, Hewlett-Packard Ghana Limited, Hewlett-Packard GmbH, Hewlett-Packard Guatemala Limitada, Hewlett-Packard HK SAR Ltd., Hewlett-Packard Hellas EPE, Hewlett-Packard Holdings Ltd., Hewlett-Packard International Bank Designated Activity Company, Hewlett-Packard International Bank Public Limited Company, Hewlett-Packard International Sàrl, Hewlett-Packard Italiana S.r.l., Hewlett-Packard Japan Ltd., Hewlett-Packard Korea Ltd., Hewlett-Packard Leasing Limited, Hewlett-Packard Limited, Hewlett-Packard Luxembourg Enterprises LLC, Hewlett-Packard Macau Limited, Hewlett-Packard Manufacturing Ltd, Hewlett-Packard Marigalante Ltd., Hewlett-Packard Mexico S. de R.L. de C.V., Hewlett-Packard Middle East FZ-LLC, Hewlett-Packard Moçambique Limitada - Sociedada em Liquidação, Hewlett-Packard Nederland B.V., Hewlett-Packard New Zealand, Hewlett-Packard Norge AS, Hewlett-Packard OY, Hewlett-Packard Operations Mexico S. de R.L. de C.V., Hewlett-Packard Peru S.R.L., Hewlett-Packard Philippines Corporation, Hewlett-Packard Portugal Lda., Hewlett-Packard SARL, Hewlett-Packard SIA, Hewlett-Packard Servicios España S.L., Hewlett-Packard Singapore (Sales) Pte. Ltd., Hewlett-Packard South Africa (Proprietary) Limited, Hewlett-Packard Sverige AB, Hewlett-Packard Technology Center Inc., Hewlett-Packard Teknoloji Çözümleri Limited Şirketi, Hewlett-Packard The Hague B.V., Hewlett-Packard Venezuela S.R.L., Hewlett-Packard Vision Limited, Hewlett-Packard d.o.o., Hewlett-Packard s.r.o., Limited Liability Company Hewlett Packard Enterprise, MapR Technologies, New H3C Technologies Co. Ltd., Niara Inc., Nimble Storage, Nimble Storage Inc., Nimble Storage Israel Ltd, Nimble Storage Japan GK, Nimble Storage UK Limited, Plexxi, RedPixie, SGI (Silicon Graphics), Sapphire Holding Co, Scytale, Shanghai Hewlett-Packard Co. Ltd., Silver Peak, SimpliVity, Sinope Holding B.V., Trilead, UAB ES Hague Lietuva, and Unis Huashan Technologies Co. Limited.
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This page (NYSE:HPE) was last updated on 12/6/2023 by MarketBeat.com Staff

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