Free Trial
NYSE:HPE

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

$19.76
+0.31 (+1.59%)
(As of 07/26/2024 ET)
Today's Range
$19.54
$19.91
50-Day Range
$17.60
$21.84
52-Week Range
$14.47
$22.82
Volume
7.58 million shs
Average Volume
15.64 million shs
Market Capitalization
$25.68 billion
P/E Ratio
14.42
Dividend Yield
2.63%
Price Target
$21.08

Hewlett Packard Enterprise MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.7% Upside
$21.08 Price Target
Short Interest
Healthy
1.87% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.11
Upright™ Environmental Score
News Sentiment
0.79mentions of Hewlett Packard Enterprise in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$2.85 M Sold Last Quarter
Proj. Earnings Growth
9.43%
From $1.59 to $1.74 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.

4.65 out of 5 stars

Computer And Technology Sector

86th out of 612 stocks

Computer & Office Equipment Industry

3rd out of 14 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

AI infrastructure plays are the way to go: Analyst
New trading system called MSFT, NVDA & MSFT
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
New trading system called MSFT, NVDA & MSFT
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
The 3 Best Under $50 Stocks to Buy in July 2024
3 AI Stock Winners Defying Tech Sector Turbulence
See More Headlines
Receive HPE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hewlett Packard Enterprise and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
6/04/2024
Ex-Dividend for 7/18 Dividend
6/18/2024
Dividend Payable
7/18/2024
Today
7/26/2024
Next Earnings (Estimated)
9/03/2024
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
$21.08
High Stock Price Target
$26.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+6.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$2.03 billion
Pretax Margin
7.11%

Debt

Sales & Book Value

Annual Sales
$29.14 billion
Cash Flow
$3.56 per share
Book Value
$16.56 per share

Miscellaneous

Outstanding Shares
1,299,670,000
Free Float
1,294,474,000
Market Cap
$25.63 billion
Optionable
Optionable
Beta
1.19

Social Links

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

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

Pros

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

  • Hewlett Packard Enterprise's stock price has been showing an upward trend, reaching $20.92 on the latest trading day, indicating positive momentum.
  • Bank of America increased the price target on HPE to $24.00, suggesting potential for further growth and value appreciation.
  • Multiple analysts have given HPE a "buy" rating, indicating confidence in the company's future performance and potential for returns.
  • The company has a market capitalization of $27.19 billion, reflecting its size and stability in the market.
  • Hewlett Packard Enterprise has a relatively low debt-to-equity ratio of 0.34, indicating a healthy financial structure.

Cons

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

  • Despite positive analyst ratings, there is still a level of uncertainty in the market, as indicated by the "neutral" rating from some analysts.
  • The PEG ratio of 3.15 suggests that the stock may be overvalued relative to its earnings growth potential, posing a risk for investors.
  • The 52-week high of $22.82 may indicate a potential resistance level for the stock, limiting short-term upside potential.
  • The 50-day moving average price of $18.35 is below the current stock price, signaling a possible short-term correction or consolidation phase.
  • With a beta of 1.18, Hewlett Packard Enterprise's stock is relatively more volatile compared to the market average, which may not suit risk-averse investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these Hewlett Packard Enterprise pros and cons to contact@marketbeat.com.

HPE Stock Analysis - Frequently Asked Questions

How have HPE shares performed this year?

Hewlett Packard Enterprise's stock was trading at $16.98 at the beginning of the year. Since then, HPE stock has increased by 16.4% and is now trading at $19.76.
View the best growth stocks for 2024 here
.

How were Hewlett Packard Enterprise's earnings last quarter?

Hewlett Packard Enterprise (NYSE:HPE) announced its quarterly earnings data on Tuesday, June, 4th. The technology company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.39 by $0.03. The company's quarterly revenue was up 3.3% on a year-over-year basis.
Read the conference call transcript
.

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.

Does Hewlett Packard Enterprise have any subsidiaries?

Hewlett Packard Enterprise subsidiaries include these companies: Silver Peak, Scytale, MapR Technologies, Cray, BlueData Software, Apogee, Plexxi, and more.

Who are Hewlett Packard Enterprise's major shareholders?

Top institutional shareholders of Hewlett Packard Enterprise include Bank of New York Mellon Corp (0.73%), Retirement Systems of Alabama (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.27%) and Raymond James & Associates (0.18%). Insiders that own company stock include Antonio F Neri, Alan Richard May, Tarek Robbiati, Gary M Reiner, Neil B Macdonald, Gerri Gold, Justin Hotard, Jean M Hobby, Phil Mottram, Jeremy Cox, Thomas E Black Jr, Kirt P Karros, Irv Rothman 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.

What other stocks do shareholders of Hewlett Packard Enterprise own?

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

This page (NYSE:HPE) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners