Hewlett Packard Enterprise Company (HPE) Stock

Hewlett Packard Enterprise Company (HPE) is a Technology stock trading at $52.95 (as of 2026-08-20), with a market capitalization of $70.12B and a trailing P/E of 45.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Hewlett Packard Enterprise Company offers server and storage solutions, including general-purpose and workload-optimized servers, rack and tower systems, and blade and composable platforms, along with secondary workload offerings and storage, networking, and disk products. It also provides an Aruba wired and wireless networking portfolio plus software and services for network management and analytics, serving customers across major global regions.

Understand Hewlett Packard Enterprise Company: how it makes money

Hewlett Packard Enterprise sells data infrastructure hardware like servers and storage (including Cloud and AI-oriented systems) and related solutions, and it also generates revenue through its financial services.

HPE’s profit engine is driven primarily by Cloud and AI infrastructure demand, where large server revenue is the core product layer and is complemented by storage and financial services revenue streams.

Revenue by segment (latest quarter)
CloudAI	$7.7B
NonCloudAI	$3.0B

Business quality (Mixed): Clear revenue contribution from Cloud and AI is visible, but the provided data does not break out all official reportable segments, so this panel focuses on Cloud and AI versus the rest.

Valuation: At 44× earnings, HPE trades 39% above the Tech Hardware average (32×). Note: one-time items can distort reported P/E.

Bull case

Cloud and AI revenue is the largest portion of total revenue (7.71B of 10.7B): This suggests HPE is monetizing strong demand at the server layer within its Cloud and AI portfolio.
HPE has a reported recurring revenue metric, AIR (annualized recurring revenue), valued at 1.4B: Recurring revenue can help smooth the hardware cycle compared with purely one-time product sales.
Financial services is a material revenue source (904B): That adds an additional monetization channel beyond equipment sales.

Bear case

Operating margin is 7.0%, which leaves less room for cost inflation or demand softness: Even modest deterioration in sales mix or expenses can pressure profitability.
A large share of revenue is concentrated in Cloud and AI (7.71B): If Cloud and AI purchasing slows, the company could feel it disproportionately.
The provided facts do not show detailed reporting for all official segments: Investors may need more segment disclosures to fully understand where profitability and growth are coming from.

Valuation — source: SEC EDGAR (first-party)
Price	$52.95
Market Cap	$70.12B
P/E Ratio	45.1
EV / EBITDA	18.0
Price / Book	2.77
Price / Sales	1.81
FCF Yield	5.7%
DCF Value (model)	$14.74
DCF Upside vs Price	-72.2%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$34.30B
Net Margin	0.2%
Revenue Growth (YoY)	40.0%
EPS Growth (YoY)	-154.9%
FCF Growth (YoY)	-182.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.22 (distress)

Valuation vs Sector & Industry
Stock P/E	45.1
Sector P/E (Technology)	33.9
Industry P/E (Computers)	32.1
vs Sector	32.8%
vs Industry	40.5%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($4.16B)
Institutional Holders Tracked	10
Congressional Trades (recent)	7

Company
Sector	Technology
Industry	Computers
CEO	Antonio Fabio Neri
Employees	61,000
Country	US
IPO Date	2015-10-19

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.