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Server

Hybrid Cloud

Intelligent Edge

Compute

High Performance Computing & Artificial Intelligence

Storage

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Elimination of intersegment net revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Hewlett Packard

Nimble Storage is a predictive flash storage technology company based in San Jose, California founded in early 2008. It produces hardware and software products for data storage, specifically data storage arrays that use the iSCSI and Fibre Channel protocols and includes data backup and data protection features. Nimble is a subsidiary of Hewlett Packard Enterprise.

Nimble Storage

Micro Focus is a multinational software and information technology business based in Newbury, Berkshire, England. The firm provides software and consultancy. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. On 7 September 2016, Micro Focus announced its intent to merge with Hewlett Packard Enterprise’s software business segment. The acquisition was completed on 1 September 2017.

Micro Focus

DXC Technology is an end-to-end services company headquartered in Tysons Corner, Virginia. DXC provides information technology and consulting services to businesses and governments. The company operates in more than 70 countries and trades on the New York Stock Exchange under the symbol “DXC” and is a component of the S&P 500 index. DXC was formed in 2017 from the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise (formerly Electronic Data Systems).

DXC Technology

Hewlett Packard Enterprise Co. is a global edge-to-cloud company, which engages in the provision of information technology, technology and enterprise products, solutions, and services. It operates through the following segments: Compute, High Performance Computing & Artificial Intelligence (HPC and AI), Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other. The Compute segment includes both general purpose servers for multi-workload computing and workload optimized servers to offer the best performance and value for demanding applications. The HPC and AI segment offers standard and custom hardware and software solutions designed to support specific use cases. The Storage segment provides workload optimized storage product and service offerings, which include an intelligent hyperconverged infrastructure with HPE Nimble Storage dHCI and HPE SimpliVity. The Intelligent Edge segment offers wired and wireless local area network, campus and data center switching, software-defined wide-area-network, network security, and associated services to enable secure connectivity for businesses of any size. The Financial Services segment provides flexible investment solutions, such as leasing, financing, IT consumption, utility programs, and asset management services for customers that facilitate technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. The Corporate Investments and Other segment includes the A & PS business that primarily offers consultative-led services, HPE and partner technology expertise and advice, implementation services as well as complex solution engagement capabilities, the Communications and Media Solutions business, the HPE Software business, and Hewlett Packard Labs. The company was founded on July 2, 1939 and is headquartered in Spring, TX.

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

HPE achieves record Q1 performance, raises guidance for fiscal year

HPE reported record Q1 performance, raised guidance for fiscal year 2023, and announced strategic acquisitions to enhance capabilities. The company's focus on profitable growth, GreenLake success, and diversified portfolio position it optimistically. Challenges in the compute business and supply chain issues require continued attention for sustained growth.

HPE reports strong Q2 earnings, eyes growth in AI and edge computing

HPE's Q2 2023 earnings call showcased robust financial performance, strategic focus on key segments, and proactive measures to address challenges. With a strong emphasis on innovation and growth areas like AI and edge computing, HPE is positioning itself for future success.

HPE reports Q3 revenue growth driven by Intelligent Edge success

HPE's Q3 earnings call highlighted solid performance, with a focus on Intelligent Edge and HPE GreenLake driving revenue and margin expansion. The company's strategic initiatives in AI, sustainability, and partnerships position it for future growth amidst competitive challenges and market opportunities.

HPE achieves record FY 2023 performance, eyes AI growth

HPE delivered record performance in FY 2023, driven by strong demand for AI solutions and growth in the Intelligent Edge segment.
While facing challenges in moderating revenue growth and managing demand trends, HPE has opportunities to capitalize on the ramp in HPC and AI revenue.
The company's strengths in AI solutions, GreenLake platform, and financial services, along with strategic investments, position it for continued growth and profit diversification.
Overall, HPE's performance highlights its resilience and adaptability in navigating market dynamics and leveraging emerging technologies for sustained success.

HPE reports strong profitability but revenue challenges in Q1

HPE's Q1 earnings call highlighted strong profitability but revenue challenges due to networking softness and GPU supply constraints. The company showcased financial discipline, record gross margins, and a focus on profitability, with opportunities in AI, edge computing, and hybrid cloud segments.
Challenges in GPU delays and networking demand were addressed, with a focus on cost actions, investment in growth opportunities, and the pending Juniper Networks acquisition. Analyst questions reflected concerns over inventory levels and expectations for sequential growth in servers and storage.
HPE's performance in Q1 demonstrated strengths in financial discipline, operational efficiency, and innovation, with opportunities to capitalize on AI demand, edge computing growth, and sustainability initiatives. The company faces challenges in meeting revenue targets amidst GPU supply constraints and networking softness.

HPE surpasses Q2 expectations with strong AI and GreenLake growth

HPE's Q2 performance exceeded expectations, driven by strong AI systems revenue and robust growth in HPE GreenLake.
Leadership in AI, strategic partnerships, and unique cooling systems position HPE well in the market.
Challenges include AI backlog, margin decline, and the need for continued cost discipline.
Opportunities lie in growing enterprise interest in AI, sovereign AI projects, and expanded partnerships.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Hewlett Packard (HPE) Stock Undervalued Right Now?

Juniper Networks

Hewlett Packard Enterprise's (HPE) planned $14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.'s Competition and Markets Authority (CMA) has confirmed that the deal won't face any further scrutiny.

After EU approval, UK clears HPE's $14B Juniper Networks acquisition

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced the expansion of its security-first, AI-powered networking portfolio with the introduction of behavioral analytics-based network detection and response (NDR) capabilities, delivered by HPE Aruba Networking Central. The company is also enhancing its cloud-based universal ZTNA approach by extending its reach to campus-based local area networks. This new local edge capability brings the same access control policies de.

HPE Aruba Networking Strengthens Cyber Defenses with New AI-powered Network Detection and Response and Campus-based Zero Trust Network Access

EMCOR Group

GoDaddy

Investing in growth stocks when the market is falling can be scary at times. Sometimes you can buy the dip, and the dip keeps dipping.

3 Clever Growth Stocks for the Intelligent Investor: August Edition

The European Commission (EC) has given the go-ahead to HPE's planned megabucks acquisition of Juniper Networks, concluding that the proposed transaction “would raise no competition concerns in the European Economic Area.”

EU greenlights HPE's $14B Juniper Networks acquisition

The EU Commission on Thursday said it had unconditionally approved the $14 billion takeover of networking gear maker Juniper Networks by Hewlett Packard Enterprise.

EU approves Hewlett Packard Enterprise's $14 bln Juniper deal

Investors looking for stocks in the Computer - Integrated Systems sector might want to consider either Hewlett Packard Enterprise (HPE) or IBM (IBM). But which of these two companies is the best option for those looking for undervalued stocks?

HPE vs. IBM: Which Stock Should Value Investors Buy Now?

Hewlett Packard's (HPE) focus on AI, cloud and hybrid solutions, combined with its strategic acquisition of Juniper Networks and appealing valuation, makes it a compelling investment choice.

Hewlett Packard (HPE) Falls 10% in a Month: Should You Buy the Dip?

Bristol-Myers

Comcast

CVS Health

Devon Energy

EnerSys

General Motors

Mosaic

Bank OZK

Tapestry

TotalEnergies SE

Verizon

Whirlpool

By now, you may have heard the term “Great Rotation” in the financial media. The flow of money in the stock market has been broadening, following a long period during which Big Tech dominated the broad indexes.

13 value stocks for patient investors looking for long-term growth

Hewlett Packard is expected to get an unconditional approval from the European Commission for its acquisition of Networking Equipment company Juniper Networks.

Hewlett Packard's networking business set to double as EU poised to approve Juniper acquisition

Hewlett Packard Enterprise (HPE) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition of networking gear maker Juniper Networks , people familiar with the matter said.

Hewlett Packard set for unconditional EU nod for $14 bln Juniper deal, sources say

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today named Jennifer Temple as Executive Vice President and Chief Marketing & Communications Officer (CMCO), effective August 1, 2024. Temple joined HPE in 2018 as Chief Communications Officer and brings more than 30 years of reputation and brand-building expertise to this expanded role. A member of the company's executive committee, Temple will continue to report to HPE's President and Chief Executive Officer Antonio Neri. Sh.

HPE Appoints Jennifer Temple Chief Marketing & Communications Officer

Arista Networks

Alphabet

When it comes to gaining exposure to the generative artificial intelligence (GenAI) growth boom, investors have many options. However, owning shares in AI chip makers, or software companies, isn't the only way to play this trend.

3 Edge Computing Stocks That Could Be Multibaggers in the Making: July Edition

American Tower

Digital Realty Trust

Equinix

Nippon Telegraph & Telephone Corp

Providers of AI infrastructure ‘picks and shovels' stand to benefit from growing demand

The Nvidia-led AI gold rush is paydirt for these 5 data-center growth stocks

NVIDIA

HPE's consistent advancements and strategic partnerships in supercomputing highlight its crucial role in driving innovation and technological progress across various industries.

HPE & NVIDIA Team Up to Build Japan's Fastest AI Supercomputer

TOKYO--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced it will build a new supercomputer powered by NVIDIA for one of Japan's largest research institutions, AIST (National Institute of Advanced Industrial Science and Technology). AIST's next-generation supercomputer, ABCI (AI Bridging Cloud Infrastructure) 3.0, will be offered as a cloud service to public and private organizations to support large foundational models for generative AI to accelerate the advancement of res.

Hewlett Packard Enterprise to Deliver AIST's Next-generation Supercomputer for Generative AI Powered by NVIDIA

Stratasys

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Dasera, a leader in data security posture management (DSPM), today announced the release of The State of Data Risk Management 2024 report. The report unveils a significant disconnect between perceived and actual data security, with 63% of organizations believing their security measures are effective despite a record-breaking number of data breaches in the last year. “How organizations handle and manage personal and sensitive data is under increased scruti.

Dasera Releases The State of Data Risk Management 2024, Unveiling a Significant Gap Between Perceived Security Posture & Reality of Breaches

Carnival

Nu Holdings

Investing in growth stocks under $25 can be a strategic move for investors looking to capitalize on high-potential companies without breaking the bank. These stocks can belong to companies in the early stages of expansion or have tremendous revenue and profit potential.

3 Growth Stocks Under $25 Set to Triple Your Money by 2028

Advanced Micro Devices

Dell Technologies

Intel

Microsoft

QUALCOMM

Currently, there is a major bottleneck right now for AI applications to where client devices are not powerful enough or energy efficient enough to leverage AI capabilities at the edge. AI-capable PCs are projected to rise from ~19% of total PC shipments this year to more than 70%, even up to 80% by 2028. Competition in AI PCs is quickly heating up, with Intel forecasting a surge in its PC chip shipments, while Nvidia, AMD and others line upArm-based CPUs to take on Qualcomm.

AI PC Stocks: Emerging 2024 And 2025 Story

HPE is well positioned for AI growth with strong product offerings in server, storage, networking, and GreenLake cloud. Anticipate AI to drive major growth for HPE, with revenue expected to reach over $5 billion by FY24. Initiating a 'Buy' rating with a one-year price target of $32 per share as the stock price is undervalued, and growth potential is high.

Hewlett Packard Enterprise: AI Growth From Cloud Core And Edge; Initiate With 'Buy'

Bank of America

Ford Motor Company

You don't have to shell out big bucks to buy quality stocks. There are a lot of great stocks available to buy for less than $50.

The 3 Best Under $50 Stocks to Buy in July 2024

Apple

With the kick-off of the year's second half underway, investors may wonder if the same themes that outperformed in the first half will continue to work. Undoubtedly, AI chip stocks will still stand out as exciting growth bets for investors looking to play the technological revolution.

3 AI Stock Winners Defying Tech Sector Turbulence

TORONTO and GATINEAU, QC, June 27, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce it had been awarded North America Storage Partner of the Year by Hewlett Packard Enterprise (HPE) during this year's HPE Discover conference. Hewlett Packard Enterprise (HPE) announced the winners of its HPE Partner of the Year Awards 2024 in recognition of HPE partners who exemplify commitment and success in delivering value to their customers on their digital transformation journey.

Converge Technology Solutions Named North America Storage Partner of the Year by Hewlett Packard Enterprise

Airbnb

Applied Materials

Amazon

Broadcom

Coinbase

T-Mobile US

Technology stocks continue to outperform. Despite predictions that a great rotation into value and small-cap stocks is coming, the reality is that large-cap tech stocks continue to drive the market higher.

You've Been Warned! 7 Tech Stocks to Buy Now or Regret Forever.

News for Hewlett Packard Stock (HPE)