HPE
NYSE
Technology
$48.54
USD
+$3.34 (+7.39%)
At close: Jul 10, 2026, 4:00 PM EDT
Market Cap:
$65.09B
Volume:
19.4M
Previous Close
$45.20
Day Range
$48.35 - $51.08
52 Week Range
$19.64 - $64.25
Average Volume (10 Days)
21.8M
P/E Ratio
1141.95
Dividend Yield
1.29%
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. The company is headquartered in Spring, Texas and currently employs 67,000 full-time employees. The company went IPO on 2015-10-19. Its customers range from small-and-medium-sized businesses to large global enterprises and governmental entities. Its segments include Server, Hybrid Cloud, Networking, Financial Services, and Corporate Investments and Other. Its Server segment offerings consist of general-purpose servers for multi-workload computing, workload-optimized servers, and integrated systems. Its Hybrid Cloud segment offers a range of cloud-native and hybrid solutions across storage, private cloud and the infrastructure software-as-a-service space. The Networking segment develops and sells high-performance networking and security products and services. Its Financial Services segment provides flexible investment solutions, such as leasing, financing, IT consumption, utility programs, and asset management services.
CEO
Mr. Antonio Neri
Headquaters
Spring, TEXAS, US
Founded
2015
Employees
67,000
HPE is shifting focus from traditional servers to AI-powered autonomous networks following its Juniper acquisition. The company aims to help enterprises cut skyrocketing AI token costs-some exhausting annual budgets in a quarter-by enabling hybrid infrastructures that generate 30% of tokens locally instead of relying entirely on expensive cloud LLMs.
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Hewlett Packard Enterprise (HPE) reported second-quarter earnings of $0.79 per share and revenue of $10.68 billion, both exceeding analyst estimates. The company raised its full-year revenue growth guidance to at least 29%, driven by strong AI-driven networking and server demand. Loop Capital upgraded the stock to Buy with a $75 price target, citing early-stage AI inference adoption and margin expansion.
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HPE delivered a standout Q2 with revenue up 40% year-over-year to $10.7 billion, far exceeding analyst expectations. The surge was powered by enterprise investments in AI infrastructure, compute modernization, and private cloud services. Orders more than doubled, creating a record backlog and prompting HPE to raise its full-year guidance significantly.
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HPE delivered a massive earnings beat for its fiscal second quarter, driven by surging demand for AI servers and networking equipment. The company raised its full-year earnings guidance by over 40% and accelerated its long-term financial targets by two years, reflecting strong execution and broad-based customer investment in AI infrastructure.
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HPE shares jumped nearly 18% on Friday after peer Dell Technologies raised its revenue outlook for Fiscal 2027 to $167 billion (from $140 billion), driven by strong AI server demand. Investors anticipate HPE will similarly benefit from the AI infrastructure boom as it serves the same server market. HPE reports Q2 2026 earnings on June 1.
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