Hewlett Packard Enterprise Company (HPE)

NYSE: HPE · USD

$60.3

-0.53 (-0.9%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-09-27

Our latest published analysis: HPE rated Sell

Hewlett Packard Enterprise Company's published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$39.0 / share

Potential value

$81.5 / share

Upside to FV

-38.0%

from $60.3

Moat

6.5/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$83.6B
Revenue (ttm)	41.9B
Net income (ttm)	2.7B
EPS (ttm)	$1.96
Shares out	1.3B
P/E (trailing)	30.7x
P/E (forward)	13.6x
Dividend	$0.57 (0.94%)
Volume	8,163,107
Beta	1.40

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 41.9B
Net income (ttm): 2.7B
EPS (ttm): $1.96
P/E (trailing): 30.7x
P/E (forward): 13.6x
Market cap: $83.6B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31	Trend
Revenue	$27.78B	$28.50B	$29.14B	$30.13B	$34.30B	+5.4%
Gross profit	$9.10B	$8.83B	$9.92B	$9.55B	$9.87B	+2.0%
Operating income	$1.13B	$782.0M	$2.09B	$2.19B	$-437.0M	—
Net income	$3.43B	$868.0M	$2.03B	$2.58B	$57.0M	-64.1%
EPS (diluted)	$2.58	$0.66	$1.54	$1.93	$-0.04	—
EBITDA	$6.32B	$4.40B	$4.85B	$5.56B	$2.63B	-19.7%
R&D	$1.98B	$2.05B	$2.35B	$2.25B	$2.52B	+6.2%
SG&A	$4.93B	$4.94B	$5.16B	$4.87B	$5.70B	+3.7%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	5T	39.4x	10.8x	101.6%	+6.1%	+28.5%	売り
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	売り
ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	強い買い
ACN	Accenture plc	144.3B	18.0x	2.0x	27.9%	+8.0%	+0.4%	ホールド
ADI	Analog Devices, Inc.	207.6B	50.9x	14.8x	11.0%	+16.4%	+76.9%	売り
AI	C3.ai, Inc.	2B	—	8.4x	-35.6%	+3.6%	-33.6%	売り

Base and Bull scenarios

Base60%

Price target

$39.04

-38.0% from spot

The Base scenario represents the modal expected trajectory under the house forecast schedule. Near-term revenue experiences strong acceleration across FY2026 and FY2027,,, supported by AI server order conversion and long-term capacity agreements. Consolidated operating margins expand steadily from FY2025 operating losses over the forecast horizon, supported by the realization of Juniper run-rate cost synergies. Free cash flow recovers toward guided levels,. However, applying the valuation framework under corporate capital costs yields Fair value of $39.04, demonstrating that $62.94 significantly overvalues these operational achievements.

Revenue expands in FY2026 and FY2027 in line with consensus projections.
Operating margins normalize from FY2025 operating losses toward target enterprise levels by FY2028.
Annual Juniper cost synergies reach planned management targets by FY2028 discounted at corporate cost of capital.

Bull20%

Price target

$81.51

+29.5% from spot

In the Bull scenario, semiconductor packaging and wafer capacity bottlenecks resolve substantially faster than expected, allowing HPE to convert its record order backlog into billed shipments. Cloud & AI segment revenue maintains elevated momentum, expanding well ahead of baseline assumptions, while enterprise adoption of on-premises private AI infrastructure expands rapidly due to superior token cost economics. Concurrently, Juniper Networks integration achieves flawless execution, delivering net run-rate cost synergies ahead of the FY2028 target and lifting Networking operating margins into management's target range. Consolidated operating margins expand toward peak levels, and free cash flow generation surpasses management guidance in FY2027, enabling rapid balance sheet deleveraging.

Wafer and cleanroom capacity constraints ease rapidly throughout FY2026 and FY2027.
Juniper Networks integration accelerates networking segment operating margins significantly above baseline levels.
Consolidated revenue growth reaches the upper end of management guidance in FY2027 and annual free cash flow expands substantially.

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($39.04). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.5%	2.8%	3.0%	3.3%	3.5%
8.2%	$43.9	$45.8	$47.8	$50.1	$52.6
8.7%	$39.8	$41.4	$43.0	$44.9	$46.9
9.2%	$36.3	$37.6	$39.0	$40.6	$42.2
9.7%	$33.4	$34.5	$35.6	$36.9	$38.3
10.2%	$30.8	$31.7	$32.7	$33.8	$35.0

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E13.6

P25 n/aP50 n/aP75 n/a

Trailing P/E32.4

P25 n/aP50 n/aP75 n/a

ROE10.9

P25 n/aP50 n/aP75 n/a

ROIC8.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All HPE indicators

Market & fundamental data

Available fields

283

Groups with data

Currency

USD

Showing 283 of 283 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001645590
Company name	Hewlett Packard Enterprise Company
Country	United States
Country code	US
CUSIP number	42824C109
Earnings date	2026-12-03
Earnings time	amc
Employees	67,000
Employees change	6,000
Employees growth	9.84%
Enterprise value	$94.2B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-07-31
First seen	2026-05-09
Fiscal year end	October
Founded	1939
In index	SP500
Industry	Communication Equipment
Is primary listing	Yes
Is SPAC	No
ISIN number	US42824C1099
Last 10-K release date	2025-12-18
Last earnings date	2026-09-02
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$80.1B
Market cap category	Large-Cap
Next earnings date	2026-12-03
Options	Yes
Price	$60.31
Price currency	USD
Sector	Technology
SIC code	3570
Stock price date	2026-10-28
Symbol	HPE
U.S. state	Texas
Website	https://www.hpe.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	19.03x
Average P/E ratio (10Y)	397.63x
Average P/E ratio (3Y)	15.6x
Average P/E ratio (5Y)	14.55x
Earnings yield	3.25%
EV/Earnings	35.21x
EV/EBIT	27.7x
EV/EBITDA	13.67x
EV/FCF	22.66x
EV/Sales	2.25x
FCF / EV yield	4.41%
FCF yield	5.19%
Forward EV/Sales	1.73x
Forward P/E	12.97x
Forward P/S	1.48x
Graham number	29.68731
Graham upside	-50.79%
Industry forward P/E	21.98x
Industry P/E	41.31x
Lynch fair value	$41.22
Lynch upside	-31.68%
P/(FCF - SBC) ratio	23.83x
P/(OCF - SBC) ratio	13.58x
P/B ratio	3.05x
P/E ratio	30.74x
P/FCF ratio	19.27x
P/OCF ratio	11.96x
P/S ratio	1.91x
PEG ratio	0.39x
Price/EBITDA ratio	11.62x
Sector forward P/E	18.38x
Sector P/E	32.76x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	8.12%
EBITDA margin	16.46%
FCF margin	9.93%
Gross margin	36.62%
Operating margin	8.12%
Pretax margin	6.29%
Profit margin	6.67%
Profit per employee	$39,925
Profitable quarters	5
Revenue per employee	$624,940
ROA	2.64%
ROA (5Y)	2.35%
ROCE	6.4%
ROE	10.94%
ROE (5Y)	8.92%
ROIC	8.29%
ROIC (5Y)	6.75%
SBC / revenue	1.9%
Tax / revenue	-0.38%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	127.87%
EPS growth (Q)	410.22%
EPS growth (QoQ)	143.9%
EPS growth 10Y	-1.98%
EPS growth 3Y	33.34%
EPS growth 5Y	20.2%
EPS growth quarters	2
EPS growth years	0
FCF growth	1,747.11%
FCF growth (Q)	22.91%
FCF growth (QoQ)	8.34%
FCF growth 3Y	41.47%
FCF growth 5Y	25.67%
Gross profit growth	55.17%
Gross profit growth (Q)	80.38%
Gross profit growth 3Y	14.33%
Gross profit growth 5Y	10.91%
Net income growth	123.64%
Net income growth (Q)	404.92%
Net income growth (QoQ)	153.95%
Net income growth 3Y	35.34%
Net income growth 5Y	21.01%
Net income growth quarters	2
Net income growth years	0
OCF growth	169.49%
OCF growth (Q)	25.75%
OCF growth (QoQ)	16.38%
OCF growth 10Y	9.97%
OCF growth 3Y	13.15%
OCF growth 5Y	12.82%
Operating income growth	42.86%
Operating income growth (Q)	209.9%
Operating income growth 3Y	9.28%
Operating income growth 5Y	9.74%
Revenue growth	26.59%
Revenue growth (Q)	33.68%
Revenue growth (QoQ)	14.38%
Revenue growth 10Y	0.84%
Revenue growth 3Y	12.19%
Revenue growth 5Y	8.66%
Revenue growth quarters	10
Revenue growth years	5

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-2.5B
Depreciation and amortization	$3.5B
EBIT	$3.4B
EBITDA	$6.9B
EPS	$1.96
FCF per share	$3.13
Financing cash flow	$-5.3B
Free cash flow	$4.2B
Free cash flow minus SBC	$3.4B
Gross profit	$15.3B
Income taxes	$-158M
Investing cash flow	$229M
Net borrowing	$-3.5B
Net cash flow	$1.6B
Net income	$2.7B
Operating cash flow minus SBC	$5.9B
Operating income	$3.4B
Revenue	$41.9B
Stock-based compensation	$795M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.06
Book value per share	$19.96
Debt / EBITDA	2.82
Debt / equity	0.76
Debt / FCF	4.89
Goodwill	$23.9B
Interest coverage	3.67
Long-term assets	$49.7B
Long-term liabilities	$26.6B
Net cash (debt)	$-14.1B
Net cash / market cap	-17.61%
Net debt / EBITDA	2.05
Net debt / equity	0.53
Net debt / FCF	3.39
Piotroski F-Score	7
Property, plant and equipment	$5.6B
Shareholders' equity	$26.6B
Tangible book value	$-2.9B
Tangible book value per share	$-2.21
Total assets	$83.6B
Total cash	$6.2B
Total debt	$20.3B
Total liabilities	$57B
WACC	10.28%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.52
Current assets	$33.9B
Current liabilities	$30.4B
Current ratio	1.11
Inventory turnover	2.74
Net working capital	$-508M
Quick ratio	0.53
Working capital	$3.4B
Working capital turnover	40.18

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-6%
Dividend growth	9.62%
Dividend growth (10Y)	9.99%
Dividend growth (3Y)	5.9%
Dividend growth (5Y)	3.5%
Dividend growth years	3
Dividend payment date	2026-10-16
Dividend payment years	12
Dividend payout frequency	Quarterly
Dividend per share	$0.57
Dividend yield	0.94%
Ex-dividend date	2026-09-17
FCF payout ratio	18.21%
Last dividend	$0.14
Payout ratio	29.05%
Shareholder yield	-5.05%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	171.52%
10Y return CAGR	19.96%
10Y total return	516.9%
150-day SMA	$46.60
1D price change	-0.87%
1M price change	-4.27%
1M total return	-4.27%
1W price change	7.42%
1W total return	7.42%
1Y price change	149.17%
1Y return CAGR	153.81%
1Y total return	153.65%
20-day SMA	$63.37
200-day SMA	$40.43
3M price change	25.03%
3M total return	25.34%
3Y price change	296.12%
3Y return CAGR	62.1%
3Y total return	326.09%
50-day SMA	$59.55
50-day SMA vs 200-day SMA	50over200
52-week high	$73.56
52-week high date	2026-10-09
52-week low	$19.84
52-week low date	2026-02-24
5Y price change	313.24%
5Y return CAGR	36.47%
5Y total return	373.23%
6M price change	110.52%
6M total return	111.66%
All-time high	$73.56
All-time high date	2026-10-09
All-time low	$7.43
All-time low date	2020-03-18
Average true range (ATR)	$3.48
Average volume	18.6M
Beta (1Y)	1.35
Beta (2Y)	1.66
Beta (5Y)	1.4
Change from 52-week high	-18.01%
Change from 52-week low	203.98%
Change from all-time high	-18.09%
Change from all-time low	710.9%
Change from open	-2.38%
Day's gap	1.55%
Dollar volume	$492.3M
High price	$61.82
Low price	$60.07
Monthly RSI	81.65
Open price	$61.78
Position in 52-week range	13.71%
Premarket change	0.81%
Premarket close	$60.84
Premarket price	$61.33
Premarket volume	81.6K
Previous close	$60.84
Price vs 150-day SMA	29.28%
Price vs 20-day SMA	-4.92%
Price vs 200-day SMA	49.02%
Price vs 50-day SMA	1.17%
Relative volume	0.44
RSI	48.93
Sharpe ratio	1.82
Sharpe ratio (3Y)	1.17
Sharpe ratio (5Y)	0.82
Sortino ratio	3.17
Sortino ratio (3Y)	1.94
Sortino ratio (5Y)	1.4
Volume	8.2M
Weekly RSI	59.31
YTD price change	150.83%
YTD total return	153.82%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.3B
Float percentage	99.57%
Shares change (QoQ)	1.19%
Shares change (YoY)	6%
Shares held by insiders	0.33%
Shares held by institutions	90.72%
Shares outstanding	1.3B
Short % of float	3.8%
Short % of shares	3.78%
Short ratio	1.8 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	261

Deeper analysis on HPE

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this HPE report

What is the latest published HPE stock rating?

Hewlett Packard Enterprise Company is shown with Sell in the latest published report, analyzed 2026-09-27. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full HPE analysis?

The full latest published report, analyzed 2026-09-27, lives at /stocks/HPE/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for HPE?

The latest published report analyzed 2026-09-27 gives HPE a fair value of USD 39 and a potential value of USD 82. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the HPE page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-27). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

SellHPE · Fair value $39.0-38.0%

Read full analysis →

Hewlett Packard Enterprise Company (HPE)

Our latest published analysis: HPE rated Sell

Price

Financial snapshot

Fair-value bridge

Latest news · HPE

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All HPE indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on HPE

Frequently asked questions

レーティング履歴

Category	Score	Reading
Valuation	1.5
Management	7.5
Balance Sheet	6.0
Profitability	5.0
Revenue Growth	9.0
Risk Assessment	6.5
Competitive Moat	6.5
Earnings Quality	9.0
Capital Efficiency	2.5