Hewlett Packard Enterprise Company (HPE)
| Market Cap | 22.07B |
| Revenue (ttm) | 29.14B |
| Net Income (ttm) | 2.03B |
| Shares Out | 1.30B |
| EPS (ttm) | 1.54 |
| PE Ratio | 11.03 |
| Forward PE | 8.86 |
| Dividend | $0.52 (3.06%) |
| Ex-Dividend Date | Dec 12, 2023 |
| Volume | 6,024,314 |
| Open | 17.15 |
| Previous Close | 17.17 |
| Day's Range | 16.90 - 17.19 |
| 52-Week Range | 13.66 - 18.14 |
| Beta | 1.26 |
| Analysts | Hold |
| Price Target | 18.00 (+6.01%) |
| Earnings Date | Nov 28, 2023 |
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, 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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for HPE stock is "Hold." The 12-month stock price forecast is $18.0, which is an increase of 6.01% from the latest price.
News
University of Stuttgart and Hewlett Packard Enterprise to Build Exascale Supercomputer
STUTTGART, Germany--(BUSINESS WIRE)--The University of Stuttgart and Hewlett Packard Enterprise (NYSE: HPE) have announced an agreement to build two new supercomputers at the High-Performance Computin...
HPE names Marie Myers as chief financial officer
Hewlett Packard Enterprise Co. HPE, -1.55% on Friday named Marie Myers as executive vice president and chief financial officer, effective Jan. 15, 2024. Myers will report to HPE Chief Executive Antoni...
Hewlett Packard Enterprise hires HP Inc's Marie Myers as CFO
Hewlett Packard Enterprise said on Friday HP Inc's finance chief Marie Myers would join the server maker as its chief financial officer (CFO) on Jan. 15.
Hewlett Packard Enterprise appoints Marie Myers as Chief Financial Officer
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that Marie Myers will join the company as executive vice president and chief financial officer on January 15, 2024, rep...
RaceTrac Revs Up Customer Experience for 800+ Gas Service Station Stores using HPE ProLiant Servers at the Edge
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced a collaboration with RaceTrac, a company that operates a chain of gasoline service stations and convenience stores acro...
New KIOXIA RM7 Series Value SAS SSDs Debut on Hewlett Packard Enterprise Servers
SAN JOSE, Calif.--(BUSINESS WIRE)-- #KumoScale--KIOXIA RM7 Series Value SAS SSDs are now available in HPE ProLiant Gen11 servers.
HPE CEO talks the future of AI and Nvidia partnership
Hewlett Packard Enterprise (HPE) is doubling down on AI, announcing several AI and cloud-computing offerings, which includes an expanded partnership with Nvidia (NVDA). Yahoo Finance Executive Editor ...
HPE CEO Neri on Nvidia Partnership, ‘Massive' AI Opportunity
Hewlett Packard Enterprise CEO Antonio Neri discusses the company's expanded partnership with Nvidia and new ventures in artificial intelligence. --------
Hewlett Packard Enterprise and Nvidia Extend Their AI Collaboration
Hewlett Packard Enterprise (HPE) announced it's extending a collaboration with Nvidia (NVDA) to boost its reach into generative artificial intelligence (AI).
HPE CEO: AI interest is much higher than I ever anticipated, and we see an enormous pipeline
HPE CEO Antonio Neri joins 'Squawk on the Street' to discuss the state of software and enterprise demand, whether AI spending will hurt other types of cloud spending, and how much of the company's ser...
HP Enterprise Stock Rises. It's Getting Some of Nvidia's AI Stardust.
The partnership will allow businesses to quickly customize AI models using private data and deploy applications such as chatbots.
Hewlett Packard Enterprise Fuels Business Transformation With New AI-Native Architecture and Hybrid Cloud Solutions
BARCELONA, Spain--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) announced at HPE Discover Barcelona 2023 the next series of AI-native and hybrid cloud offerings for machine learning developm...
Hewlett Packard Enterprise collaborates with NVIDIA to deliver an enterprise-class, full-stack GenAI solution
BARCELONA--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) announced an expanded strategic collaboration with NVIDIA to build an enterprise computing solution for generative AI (GenAI). The co...
Ofinno Slashes Cloud Costs Up to 90% with HPE GreenLake
HOUSTON--(BUSINESS WIRE)--After incubating its research lab in the public cloud, Ofinno is moving to the private cloud and expects to save up to 90% on monthly operational costs and speed innovation b...
HPE sees promising future and double-digit growth in AI
Hewlett Packard Enterprise Co. dipped slightly in extended trading Tuesday after the computing giant reported quarterly results that were in line with analysts' estimates and touted promising AI sales...
Hewlett Packard Enterprise Reports Q4 Results to Close Impressive Fiscal 2023; Raises Dividend in Fiscal 2024
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for the fourth quarter and full year ended October 31, 2023. "In fiscal year 2023, HPE clearly demons...
Swisslog advances customer experience with next-gen private cloud from Hewlett Packard Enterprise
BOEBLINGEN, Germany--(BUSINESS WIRE)--Swisslog GmbH has selected HPE GreenLake for Private Cloud Enterprise to accelerate the delivery of IT managed services for intralogistics automation and to advan...
Sauber Motorsport AG Taps HPE GreenLake to Advance Formula One Race Car Aerodynamics
WALLISELLEN, Switzerland--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that Sauber Motorsport AG is partnering with HPE to advance aerodynamics of its Formula One race cars....
Hewlett Packard Enterprise Accelerates AI Training with New Turnkey Solution Powered by NVIDIA
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced a supercomputing solution for generative AI designed for large enterprises, research institutions, and government organ...
Hewlett Packard Enterprise to Present Live Audio Webcast of Fiscal 2023 Fourth 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 fourth quarter and full year financial results for fiscal 2023, ...
UK Government Invests £225m to Create UK's Most Powerful AI Supercomputer With University of Bristol and Hewlett Packard Enterprise
BRISTOL, England--(BUSINESS WIRE)--As part of the UK Government's investment in a national AI Research Resource, The University of Bristol and Hewlett Packard Enterprise (NYSE: HPE) today announced th...
HPE Partner Ready Vantage Accelerates Growth Opportunities for Partners of All Sizes
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced updates to HPE Partner Ready Vantage, the program designed to better enable partners to deliver as-a-service solutions....
Żabka taps HPE GreenLake to drive growth with SAP S/4HANA
WARSAW, Poland--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that Żabka, the largest convenience store chain in Poland and Central and Eastern Europe, has selected the HPE G...
Istanbul Water and Sewerage Administration Selects HPE GreenLake to Deliver Essential Services to 16 Million Customers
ISTANBUL--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that the Istanbul Water and Sewerage Administration (İSKİ) replaced its existing server and storage systems with an in...
HPE CEO discusses 2024 outlook, says AI has as much potential as internet and smartphones
Hewlett Packard Enterprise (HPE) is leaning harder into its artificial intelligence commitments, viewing the industry as a $150 billion opportunity over the next three years alone. HPE CEO and Preside...