S&P 500   5,137.08
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
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Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
NYSE:HPE

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

$15.56
+0.33 (+2.17%)
(As of 03/1/2024 ET)
Today's Range
$14.47
$15.70
50-Day Range
$14.86
$17.72
52-Week Range
$13.65
$18.14
Volume
34.15 million shs
Average Volume
9.69 million shs
Market Capitalization
$20.23 billion
P/E Ratio
10.73
Dividend Yield
3.34%
Price Target
$17.25

Hewlett Packard Enterprise MarketRank™ Stock Analysis

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
10.9% Upside
$17.25 Price Target
Short Interest
Healthy
2.37% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.11
Upright™ Environmental Score
News Sentiment
0.28mentions of Hewlett Packard Enterprise in the last 14 days
Based on 55 Articles This Week
Insider Trading
Selling Shares
$4.99 M Sold Last Quarter
Proj. Earnings Growth
15.63%
From $1.60 to $1.85 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.95 out of 5 stars

Computer And Technology Sector

8th out of 597 stocks

Computer & Office Equipment Industry

1st out of 13 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; HPE Alletra, HPE GreenLake, Zerto, HPE InfoSight, and HPE CloudPhysics storage products; HPE Cray EX, HPE Cray XD, and converged edge systems; and HPE Superdome Flex, HPE Nonstop, and HPE Integrity products. It also provides HPE Aruba products that includes hardware products, such as Wi-Fi access points, switches, and gateways; HPE Aruba Networking software and services comprising cloud-based management, network management and access control, analytics and assurance, software-defined wide-area networking, network security, analytics and assurance, and location services software; and professional and support services, as well as as-a-service and consumption models. In addition, the company offers leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of various IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others; consultative-led services; HPE Ezmeral Container Platform; HPE Ezmeral Software Container Platform and HPE Ezmeral Software Data Fabric; OpsRamp; 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

S&P 500's surge to new highs: Bull trap hiding in plain sight? (HPE)
Nvidia and Meta lead the S&P 500 rally, but there's cause for concern about a potential bull trap amid market volatility and a pivot to stable dividend payers.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Demystifying Hewlett Packard: Insights From 5 Analyst Reviews
Q1 2024 Hewlett Packard Enterprise Co Earnings Call
Hewlett Packard Enterprise Q1 Profit Beats Estimates
See More Headlines
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Company Calendar

Ex-Dividend for 1/11 Dividend
12/12/2023
Dividend Payable
1/11/2024
Last Earnings
2/29/2024
Today
3/03/2024
Ex-Dividend for 4/12 Dividend
3/14/2024
Dividend Payable
4/12/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Fax
N/A
Employees
62,000
Year Founded
1939

Price Target and Rating

Average Stock Price Target
$17.25
High Stock Price Target
$20.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+10.9%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$2.03 billion
Pretax Margin
7.65%

Debt

Sales & Book Value

Annual Sales
$29.14 billion
Cash Flow
$3.62 per share
Book Value
$16.56 per share

Miscellaneous

Outstanding Shares
1,299,820,000
Free Float
1,294,624,000
Market Cap
$20.23 billion
Optionable
Optionable
Beta
1.19

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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 Saturday, March 2, 2024 at 11:48 PM.

Pros

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

  • Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in various regions.
  • The company collaborates with leading technology partners to deliver innovative solutions to customers.
  • Hewlett Packard Enterprise has a strong presence in the market, working with a wide range of customers including manufacturers, independent software vendors, systems integrators, and advisory firms.

Cons

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

  • One reason to be cautious is the current stock price of Hewlett Packard Enterprise, which may not be favorable for some investors.














HPE Stock Analysis - Frequently Asked Questions

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

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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?

11 analysts have issued 12-month price targets for Hewlett Packard Enterprise's shares. Their HPE share price targets range from $14.00 to $20.00. On average, they predict the company's share price to reach $17.25 in the next twelve months. This suggests a possible upside of 10.9% 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 2024?

Hewlett Packard Enterprise's stock was trading at $16.98 at the beginning of the year. Since then, HPE stock has decreased by 8.4% and is now trading at $15.56.
View the best growth stocks for 2024 here
.

Are investors shorting Hewlett Packard Enterprise?

Hewlett Packard Enterprise saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 30,620,000 shares, an increase of 9.9% from the January 31st total of 27,870,000 shares. Based on an average trading volume of 11,810,000 shares, the short-interest ratio is currently 2.6 days. Currently, 2.4% of the shares of the stock are sold short.
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 Tuesday, June 4th 2024.
View our HPE earnings forecast
.

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise (NYSE:HPE) issued its quarterly earnings data on Thursday, February, 29th. The technology company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The technology company had revenue of $6.76 billion for the quarter, compared to analysts' expectations of $7.09 billion. Hewlett Packard Enterprise had a net margin of 6.81% and a trailing twelve-month return on equity of 9.20%. The firm's quarterly revenue was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 EPS.
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 Thursday, February 29th. Investors of record on Friday, March 15th will be given a dividend of $0.13 per share on Friday, April 12th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for HPE
.

Is Hewlett Packard Enterprise a good dividend stock?

Hewlett Packard Enterprise (NYSE:HPE) pays an annual dividend of $0.52 per share and currently has a dividend yield of 3.34%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPE will have a dividend payout ratio of 28.11% 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 FY 2024 earnings guidance on Thursday, February, 29th. The company provided EPS guidance of 1.820-1.920 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of $29.1 billion-$29.7 billion, compared to the consensus revenue estimate of $29.5 billion.

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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.01%), Dodge & Cox (4.17%), Primecap Management Co. CA (2.47%), Nuveen Asset Management LLC (1.68%), Dimensional Fund Advisors LP (1.36%) and LSV Asset Management (1.22%). Insiders that own company stock include Alan Richard May, Antonio F Neri, Gary M Reiner, Irv Rothman, Jean M Hobby, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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.
Read More
This page (NYSE:HPE) was last updated on 3/3/2024 by MarketBeat.com Staff