Hewlett Packard Enterprise Company (HPE) Stock Price & Analysis

Hewlett Packard Enterprise Company (HPE) closed at USD 55.47 on Thursday, October 22, 2026, down 4.64% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 58.17; the Oct 22, 2026 session ranged USD 53.91–56.78 on volume of 14,781,368 shares. Market capitalization is $73.63B, with a 52-week range of USD 19.84–73.56 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:41 UTC.

Also available as compact Markdown for AI agents: nexqual.com/HPE.md

Key facts (HPE)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HPE)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$27.8B$28.5B$29.1B$30.1B$34.3B$41.9B
Operating income$1.13B$782M$2.09B$2.19B-$437M$2.60B
Net income$3.43B$868M$2.02B$2.58B$57.0M$2.79B
EPS (diluted)$2.58$0.66$1.54$1.93-$0.04—
Free cash flow$3.37B$1.47B$1.60B$1.97B$627M$4.16B
Operating margin4.1%2.7%7.2%7.3%-1.3%6.2%
Net margin12.3%3.0%7.0%8.6%0.2%6.7%
Revenue growth+3.0%+2.6%+2.2%+3.4%+13.8%—
Cash + short-term investments$4.00B$4.16B$4.27B$14.8B$5.77B—
Total debt$13.4B$12.5B$12.4B$17.7B$21.7B—

Fiscal years end Oct. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jul 31, 2026) (HPE)

P/E 26.4x · P/S 1.8x · EV/EBITDA 14.4x · EV/Sales 2.1x · P/FCF 17.7x · P/B 2.8x · FCF yield 5.64% · Earnings yield 3.79% · Dividend yield (paid, TTM) 1.00% · Buyback yield (TTM) 0.74% · Net debt $14.0B · EV $87.7B

P/E at fiscal year-ends: Oct 2025 567.2x, Oct 2024 10.1x, Oct 2023 10.0x.

Superinvestors (SEC 13F-HR, Q2 2026) (HPE)

3 of 80 tracked investors hold HPE. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
John RogersAriel Investments0.34%$33.9MReduced -54.7%
Lee AinslieMaverick Capital0.01%$803KNew position
Dodge & Cox FundsDodge & Cox<0.01%$2.9MReduced -17.3%

Analysts (HPE)

Consensus Buy (mean 2.25 on a 1–5 scale), 24 analysts; mean target USD 71.74 (low 52.59, high 92).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-14BarclaysDowngradeOverweight → Equal-Weight$83 → $77
2026-10-02Daiwa CapitalUpgradeNeutral → Outperform$65 → $75
2026-10-01CitigroupTarget raisedBuy$76 → $92
2026-10-01Morgan StanleyTarget raisedOverweight$67 → $72
2026-10-01Evercore ISI GroupTarget raisedIn-Line$65 → $67
2026-10-01UBSTarget raisedNeutral$59 → $66
2026-10-01Truist SecuritiesTarget raisedBuy$70 → $75
2026-10-01BarclaysTarget raisedOverweight$79 → $83
2026-10-01Wells FargoTarget raisedEqual-Weight$54 → $63
2026-09-14Evercore ISI GroupDowngradeOutperform → In-Line$65
2026-09-04Argus ResearchReiteratedBuy$70
2026-09-03Raymond JamesTarget raisedOutperform$74 → $86

Total return (dividends reinvested) (HPE)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+143.5%+313.6%
S&P 500 (SPY)+14.9%+80.3%
Per year+144.3%+32.7%
Volatility (annualized)57.7%42.4%
Max drawdown-26.4% (Jun 2026→Jul 2026)-47.1% (Jan 2025→Mar 2025)

HPE revenue by business segment (quarter ended Jul 31, 2026)

LineRevenueShare of totalYoY
Cloud & AI$9.04B74.0%+25.4%
— Server (part of Cloud & AI)$6.77B55.4%+35.3%
— Storage (part of Cloud & AI)$1.29B10.6%+10.2%
— Financial Services (part of Cloud & AI)$883.0M7.2%-0.3%
— Other (part of Cloud & AI)$102.0M0.8%-34.2%
Networking$2.89B23.7%+74.9%
— Campus & Branch (part of Networking)$1.44B11.8%+31.0%
— Routing (part of Networking)$788.0M6.5%+270.0%
— Data Center Networking (part of Networking)$382.0M3.1%+112.2%
— Corporate Investments and Other (part of Networking)$278.0M2.3%+3.0%
Security$281.0M2.3%+75.6%
Total revenue$12.21B100%—

HPE revenue by product line (quarter ended Jul 31, 2026)

LineRevenueShare of totalYoY
Product$8.73B71.5%+44.3%
Service$3.29B26.9%+13.7%
Total revenue$12.21B100%—

HPE revenue by region (quarter ended Jul 31, 2026)

LineRevenueShare of totalYoY
Total Americas$5.35B43.8%+12.7%
— United States (part of Total Americas)$4.79B39.2%+11.9%
— Americas excluding United States (part of Total Americas)$561.0M4.6%+20.9%
Europe, Middle East and Africa$4.20B34.4%+53.4%
Asia Pacific and Japan$2.67B21.8%+61.1%
Total revenue$12.21B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

HPE suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
CustomerJuniper Networks“To better align the calculation of ARR with Juniper Networks' business and offerings, beginning with the quarter ended July 31, 2025, we also included revenue from software licenses support and maintenance in our ARR calculation, and will continue to do so going forward.”
PartnerHP Inc. (HPQ)“During fiscal 2019, we executed a Termination and Mutual Release Agreement which terminated our Tax Matters Agreement with HP Inc. Because we now have limited indemnity rights from HP Inc., we potentially bear more economic risk for certain potential unfavorable tax assessments.”
CompetitorDell Technologies (DELL)“Our primary competitors in data center infrastructure are technology vendors, such as Dell Technologies Inc., Super Micro Computer, Inc., Cisco Systems, Inc., and Lenovo Group Ltd. In certain regions, we also experience competition from local companies and from generically branded or "white-box" manufacturers.”
CompetitorCisco (CSCO)“Our primary competitors in data center infrastructure are technology vendors, such as Dell Technologies Inc., Super Micro Computer, Inc., Cisco Systems, Inc., and Lenovo Group Ltd. In certain regions, we also experience competition from local companies and from generically branded or "white-box" manufacturers.”
CompetitorBroadcom (AVGO)“In some instances, our single-source suppliers (e.g., Intel and AMD as suppliers of certain x86 processors Broadcom and others for industry standard Application-Specific Standard Product, or NVIDIA for Graphics Processing Units) are also the single-source suppliers for the entire market; disruptions with these suppliers would result in industry-wide dislocations and therefore would not disproportionately disadvant…”
CompetitorNVIDIA (NVDA)“In some instances, our single-source suppliers (e.g., Intel and AMD as suppliers of certain x86 processors Broadcom and others for industry standard Application-Specific Standard Product, or NVIDIA for Graphics Processing Units) are also the single-source suppliers for the entire market; disruptions with these suppliers would result in industry-wide dislocations and therefore would not disproportionately disadvant…”
CompetitorSuper Micro Computer (SMCI)“Our primary competitors in data center infrastructure are technology vendors, such as Dell Technologies Inc., Super Micro Computer, Inc., Cisco Systems, Inc., and Lenovo Group Ltd. In certain regions, we also experience competition from local companies and from generically branded or "white-box" manufacturers.”
CompetitorLenovo“Our primary competitors in data center infrastructure are technology vendors, such as Dell Technologies Inc., Super Micro Computer, Inc., Cisco Systems, Inc., and Lenovo Group Ltd. In certain regions, we also experience competition from local companies and from generically branded or "white-box" manufacturers.”
CompetitorIBM (IBM)“Our primary competitors are other infrastructure and cloud management software technology vendors, such as Broadcom, Cisco Systems Inc., Dell Technologies Inc., IBM, NetApp Inc., Nutanix, and Pure Storage and public cloud vendors like Amazon Web Services, Google Cloud, and Microsoft Azure.”
CompetitorIntel (INTC)“In some instances, our single-source suppliers (e.g., Intel and AMD as suppliers of certain x86 processors Broadcom and others for industry standard Application-Specific Standard Product, or NVIDIA for Graphics Processing Units) are also the single-source suppliers for the entire market; disruptions with these suppliers would result in industry-wide dislocations and therefore would not disproportionately disadvant…”
CompetitorAMD (AMD)“In some instances, our single-source suppliers (e.g., Intel and AMD as suppliers of certain x86 processors Broadcom and others for industry standard Application-Specific Standard Product, or NVIDIA for Graphics Processing Units) are also the single-source suppliers for the entire market; disruptions with these suppliers would result in industry-wide dislocations and therefore would not disproportionately disadvant…”
CompetitorAmazon (AMZN)“Our primary competitors are other infrastructure and cloud management software technology vendors, such as Broadcom, Cisco Systems Inc., Dell Technologies Inc., IBM, NetApp Inc., Nutanix, and Pure Storage and public cloud vendors like Amazon Web Services, Google Cloud, and Microsoft Azure.”
CompetitorAlphabet (Google) (GOOGL)“Our primary competitors are other infrastructure and cloud management software technology vendors, such as Broadcom, Cisco Systems Inc., Dell Technologies Inc., IBM, NetApp Inc., Nutanix, and Pure Storage and public cloud vendors like Amazon Web Services, Google Cloud, and Microsoft Azure.”
CompetitorMicrosoft (MSFT)“Our primary competitors are other infrastructure and cloud management software technology vendors, such as Broadcom, Cisco Systems Inc., Dell Technologies Inc., IBM, NetApp Inc., Nutanix, and Pure Storage and public cloud vendors like Amazon Web Services, Google Cloud, and Microsoft Azure.”

Quoted from the company's 10-K filed Dec 18, 2025.

Companies that name HPE in their SEC reports

Relationship to HPECompanyFilingSentence
competitorNutanix, Inc. (NTNX)10-K Sep 18, 2026“traditional IT systems vendors, such as Dell, Everpure, Inc., Fujitsu, HPE, Hitachi Vantara, Lenovo, Inc., NetApp, Inc., and Huawei Technologies Co., Ltd., many of which offer integrated systems that bundle servers, storage and networking solutions, as well as standalone server and storage products.”
competitorUbiquiti Inc. (UI)10-K Aug 21, 2026“In the enterprise WLAN and switching markets, we primarily compete with Cisco, Fortinet, Hewlett Packard Enterprise (Aruba Networks and Juniper Networks), and Ruckus (Belden).”
customerSCANSOURCE, INC. (SCSC)10-K Aug 20, 2026“We provide products and services from approximately 500 suppliers, including key suppliers AT&T, Avaya, Axis, Cisco, Comcast Business, Dell, Elo, Extreme, Five9, Fortinet, Hanwha, Honeywell, HP Poly, HPE/Aruba, HPE/Juniper, Ingenico, Lumen, Microsoft, NiCE, RingCentral, Ubiquiti, Verifone, Verizon, Zebra Technologies and Zoom.”
competitorEXTREME NETWORKS INC (EXTR)10-K Aug 17, 2026“However, the market for network switching solutions is dominated by a few large companies, particularly Cisco Systems, Inc., Hewlett Packard Enterprise Company, and Huawei Technologies Co. Ltd. To a lesser extent, Extreme competes with products and solutions from Arista Networks Inc., RUCKUS Networks, Inc., Fortinet, Inc., and Ubiquiti Inc. Most of these competitors have greater name recognition, larger customer b…”
competitorQUANTUM CORP /DE/ (QMCO)10-K Jun 25, 2026“Our backup storage systems primarily compete with products sold by Dell, Hewlett Packard Enterprise Company and Veritas Technologies LLC.”
partnerKyndryl Holdings, Inc. (KD)10-K May 29, 2026“We have several key partnerships, including with Amazon Web Services, Broadcom, Cisco, Dell, Dynatrace, Google Cloud, HPE, Microsoft, NVIDIA, Oracle, Palo Alto Networks, Red Hat, Rubrik, SAP and ServiceNow that accelerate market participation, joint solution development and investment in skills and certification enhancements for Kyndryl.”
customerEPLUS INC (PLUS)10-K May 28, 2026“Products manufactured by NetApp, Hewlett Packard Enterprise, Juniper Networks, Dell, and Arista Networks, collectively represented approximately 23% to 28% of net sales for the last three years.”
partnerDXC Technology Co (DXC)10-K May 8, 2026“In connection with the HPES Merger, the Company entered into a tax matters agreement with HPE.”
supplierSoluna Holdings, Inc (SLNH)10-K Mar 30, 2026“The other changes in assets and liabilities of approximately $1.7 million mainly related to increase in accounts receivable and other current assets related to timing and billing amounts of invoices, deferred revenue in relation to a revenue contract, in addition to the payment made of $0.7 million to HPE in January 2025, offset by a decrease in other long-term assets of $1.7 million in relation to receipt of Bris…”
partnerBit Digital, Inc (BTBT)10-K Mar 27, 2026“exclusive distributor in Iceland, Advania), an official partnership with Hewlett Packard Enterprise and a commercial relationship with”
partnerWhiteFiber, Inc. (WYFI)10-K Mar 26, 2026“CSP with Dell (through Dell's exclusive distributor in Iceland, Advania), an official partnership with Hewlett Packard Enterprise”
customerIngram Micro Holding Corp (INGM)10-K Mar 3, 2026“Our suppliers are the world's most trusted technology leaders, along with emerging technology brands, which include the industry's premier hyperscalers, computer hardware suppliers, mobility hardware suppliers, networking equipment suppliers and software publishers such as Microsoft, Amazon Web Services, Google Cloud, NVIDIA, Advanced Micro Devices, Apple, Cisco, Dell Technologies, Hewlett Packard Enterprise, HP I…”
partnerACI WORLDWIDE, INC. (ACIW)10-K Feb 26, 2026“We have alliances with our technology partners Microsoft Corporation, Amazon, HPE, IBM, Red Hat, and Oracle, whose industry-leading hardware, software, and cloud-based infrastructure services are utilized by and in delivery of ACI's products.”
competitorVistance Networks, Inc. (VISN)10-K Feb 26, 2026“Major competitors by segment include the following: RUCKUS segment – Cisco Systems, Inc., Extreme Networks, Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., and Ubiquiti Inc.; and Aurora segment – ATX Networks Corp., Harmonic Inc., Technetix Group Limited, Teleste Oyj and Vecima Networks Inc.”
competitorNVIDIA CORP (NVDA)10-K Feb 25, 2026“•networking products consisting of switches, network adapters (including DPUs), and cable solutions (including optical modules) include such as AMD, Arista Networks, Broadcom, Cisco Systems, Inc., Hewlett Packard Enterprise Company, Huawei, Intel, Lumentum Holdings Inc., and Marvell Technology, Inc, as well as internal teams of system vendors and large cloud services companies.”

HPE customer concentration

In the period ended Oct 31, 2025, a single direct customer accounted for 10% of revenue, per the company's 10-K filed Dec 18, 2025. The company does not name it.

HPE company outlook (results filed Sep 2, 2026)

Quoted word-for-word from the SEC 8-K results press release.

HPE analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Oct 2026)$1.27$1.06+20.5%$14.37B19
Next quarter (ends Jan 2027)$1.04$0.92+13.3%$12.74B14
Current fiscal year (ends Oct 2026)$3.83$3.42+11.8%$46.48B20
Next fiscal year (ends Oct 2027)$4.71$4.04+16.6%$54.70B20

HPE options: expected move

ExpirationDaysATM implied volatilityExpected move
Oct 30, 2026768.4%±8.1%
Nov 6, 20261467.2%±10.9%
Nov 13, 20262166.8%±13.1%
Nov 20, 20262864.7%±14.5%
Nov 27, 20263564.7%±16.1%
Dec 4, 20264266.7%±18.1%
Dec 18, 20265668.2%±21.3%
Jan 15, 20278466.3%±25.3%

30-day implied volatility 63.7% vs 76.1% realized over the last 30 trading days. Put/call ratio (volume) 0.82. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 08:41 UTC)

PriceUSD 55.47
Change▼ 4.64% (down)
Previous CloseUSD 58.17
OpenUSD 55.92
Day RangeUSD 53.91 – 56.78
52-Week RangeUSD 19.84 – 73.56
Volume14,781,368 shares
Market Cap$73.63B
ExchangeNYQ

Technical Analysis (HPE)

Nexqual's technical model rates HPE "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:41 UTC.

Overall SignalSELL
RSI (14)42.2 (neutral)
vs SMA50Below (USD 59.46)
MACD-0.89 (negative)

Analyst Ratings (HPE)

Wall Street analysts rate HPE "Buy" based on 24 analysts, with a mean price target of USD 71.74 (range USD 52.59–92), per Nexqual as of October 23, 2026 at 08:41 UTC.

Consensus RatingBuy
Analyst Count24
Mean TargetUSD 71.74
High TargetUSD 92
Low TargetUSD 52.59
Buy / Hold / Sell14 / 10 / 0

Earnings (HPE)

Next Earnings Date2026-09-02
EPS EstimateUSD 1.27
Revenue Estimate$14.37B

Recent Earnings History

QuarterActual vs Estimate
2026-07-31USD 1.11 vs est 0.94 ▲ beat
2026-04-30USD 0.79 vs est 0.53 ▲ beat
2026-01-31USD 0.65 vs est 0.59 ▲ beat
2025-10-31USD 0.62 vs est 0.58 ▲ beat

Source: Nexqual, October 23, 2026 at 08:41 UTC.

Financials & Fundamentals (HPE)

Total Revenue$41.87B
Revenue Growth (latest quarter, YoY)+33.70%
Gross Margin+36.62%
Operating Margin+12.56%
Profit Margin+6.67%
ROE+10.94%
Debt / Equity0.76
Current Ratio1.11
Total Cash$6.22B
Total Debt$20.32B
Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K)$4.16B (9.9% of revenue)

Source: Nexqual, October 23, 2026 at 08:41 UTC.

Financial Health Score (HPE)

Nexqual rates Hewlett Packard Enterprise Company's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 08:41 UTC.

GrowthSolid — Revenue +14% YoY (annual)
ProfitabilitySolid — Gross margin 37%, operating 13% (last 12 months)
Balance SheetMixed — $6.22B cash and investments vs $20.2B debt (Jul 2026, SEC)
Cash FlowSolid — FCF $4.16B (last 4 quarters to Jul 2026, SEC), 10% margin
EfficiencyMixed — ROE 11%, ROA 2.6%

Ownership (HPE)

Insider Ownership+0.24%
Institutional Ownership+91.42%
Shares Outstanding1.33B
Float1.32B
Short % of Float+4.31%

Source: Nexqual, October 23, 2026 at 08:41 UTC.

Leadership (HPE)

Hewlett Packard Enterprise Company is led by Antonio Fabio Neri, CEO, President & Director, per Nexqual as of October 23, 2026 at 08:41 UTC.

CEO, President & DirectorAntonio Fabio Neri
Executive VP & CFOMarie E. Myers
Executive VP and Chief Operating & Legal OfficerJohn F. Schultz
Executive VP, President, GM of Hybrid Cloud & CTOFidelma M. Russo
Executive VP, President & GM of NetworkingRami Rahim

Major Backers & Investors (HPE)

Notable institutional backers of Hewlett Packard Enterprise Company include Capital Group, JPMorgan, Bank of America Corporation, according to Nexqual as of October 23, 2026 at 08:41 UTC.

Active Investors

InvestorStake
Capital Group4.49%
JPMorgan3.02%
Bank of America Corporation2.98%
Elliott Investment Management L.P.2.43%
Goldman Sachs1.85%
Fidelity1.3%

Index Funds (Passive)

FundStake
Vanguard Group12%
BlackRock10.1%
State Street5.13%
Geode Capital2.76%

Source: Nexqual, October 23, 2026 at 08:41 UTC.

From Hewlett Packard Enterprise Company's Latest SEC 10-K Filing (filed 2025-12-18)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
MSIMotorola Solutions, Inc.USD 477.81▲ 2.21%
LITELumentum Holdings Inc.USD 752.54▼ 11.54%
NOKNokia Corporation SponsoredUSD 7.88▼ 14.81%
CIENCiena CorporationUSD 322.64▼ 10.71%
UIUbiquiti Inc.USD 595.62▼ 2.25%
ERICEricssonUSD 10.38▼ 0.48%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:41 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt