Hewlett Packard Enterprise (HPE) shares have gained 21.7% in the year-to-date (YTD) period, almost in line with the S&P 500’s return of 21.9%. Also, the stock’s YTD return has not been far behind the Zacks Computer - Integrated Systems industry and the broader tech sector. The industry and the Zacks Computer and Technology Sector have returned 23.4% and 25.5%, respectively.Hewlett Packard Enterprise stock’s YTD price performance reflects the company’s sustained focus on expanding its product portfolio, whic ...

Hewlett Packard Enterprise Today HPE Hewlett Packard Enterprise $20.69 +0.02 (+0.10%) 52-Week Range $14.47 ▼ $22.82 Dividend Yield 2.51% P/E Ratio 14.78 Price Target $21.36 Add to Watchlist Hewlett Packard Enterprise Co. NYSE: HPE is a global technology company focused on providing edge-tocloud solutions for businesses and organizations to accelerate their digital transformation and better manage their IT infrastructure. The company sells enterprise solutions, including servers, storage, and networking, whi ...

Hewlett Packard Enterprise (NYSE: HPE ) hosted its AI Day on October 10, 2024, bringing forward insights into those areas which management sees as the next opportunity in the big IT infrastructure reshuffling. HPE has been quietly positioning itself as an all-in-one data centerMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range fro ...

Core Insights - Hewlett Packard Enterprise (HPE) hosted its first-ever AI Day, showcasing its commitment to artificial intelligence and hybrid cloud solutions [3][4]. Company Overview - The event featured key executives including Antonio Neri (President & CEO), Fidelma Russo (EVP & GM, Hybrid Cloud & CTO), and Neil MacDonald (EVP and GM, Server) [2][3]. - The presentation was held at HPE's Wisconsin manufacturing facility, indicating the company's focus on innovation and technology development [3]. Event Details - The session included a slide presentation available on the HPE Investor Relations website, emphasizing transparency and accessibility for investors [3]. - A Q&A session was moderated by Shannon Cross, Chief Strategy Officer, allowing for direct engagement with the audience [3].

Hewlett Packard Enterprise Company (NYSE:HPE) HPE AI Day Executive Session October 10, 2024 1:45 PM ET Company Participants Paul Glaser - Head of Investor Relations Antonio Neri - President & CEO Fidelma Russo - EVP & General Manager, Hybrid Cloud & CTO Neil MacDonald - EVP and GM, Server Shannon Cross - Chief Strategy Officer Conference Call Participants Timothy Long - Barclays Bank Aaron Rakers - Wells Fargo Asiya Merchant - Citigroup Mehdi Hosseini - Susquehanna Meta Marshall - Morgan Stanley Daniel Zhu ...

A month has gone by since the last earnings report for Hewlett Packard Enterprise (HPE) . Shares have added about 15.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Hewlett Packard Enterprise due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Hewlett Packard Beats ...

Epson and HPE Automation's Strategic Partnership will Expand Automation Solution Offerings to Florida, Southeast Georgia and Caribbeans Regions LOS ALAMITOS, Calif., Oct. 1, 2024 /PRNewswire/ -- Epson Robots, the #1 SCARA robot manufacturer in the world, today announced HPE Automation, a leading automation distributor in Florida, has joined as an AutomateFirstSM Platinum Partner. HPE Automation's technical knowledge and engineering expertise combined with Epson's robot technology helps provide customers in ...

Hewlett Packard Enterprise Co (NYSE:HPE) stock is up 2.7% in premarket trading, after Barclays upgraded it to "overweight" from "equal weight" and hiked its price target from $20 to $24 -- a 27.1% premium to last night's close. In its bull note, Barclays said HPE is the best pick amid a rebounding enterprise server market. The tech stock just bounced off the $16 level, which acted as resistance earlier this year. A bull gap helped Hewlett Packard stock notch a June 18, record high of $22.82, and more recent ...

With an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We have been investing for over 20 years after obtaining a Finance major at a top university. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the comp ...

Core Viewpoint - Hewlett Packard Enterprise Company (HPE) experienced an 8.5% decline in stock price due to a $1.35 billion stock offering aimed at funding the acquisition of Juniper Networks, raising concerns about earnings dilution and a shift from previous cash reserve funding plans [1][2]. Group 1: Stock Offering and Earnings Dilution - The issuance of 27 million shares of Series C Mandatory Convertible Preferred Stock is expected to lead to future dilution as these shares will convert into common shares by September 2027 [2][3]. - The decision to issue preferred shares instead of using cash reserves has created uncertainty regarding HPE's liquidity management and financial obligations [2]. - The introduction of preferred stock necessitates dividend payments to preferred shareholders, which could pressure HPE's cash flow until conversion to common stock occurs [2][3]. Group 2: Strategic Importance of Juniper Acquisition - The acquisition of Juniper Networks is strategically important for HPE, as it will enhance HPE's edge-to-cloud offerings with AI-powered networking solutions [4]. - Juniper's expertise in secure, high-performance networking is expected to drive growth, particularly as businesses increasingly adopt hybrid cloud models [4][5]. - The deal is anticipated to be accretive to HPE's margins, leveraging Juniper's high-margin business model to improve competitiveness against Cisco Systems and Arista Networks [5]. Group 3: Long-Term Growth Prospects - HPE's long-term growth prospects remain strong despite short-term volatility, as the company is transitioning from traditional hardware sales to cloud, AI, and data services [6][7]. - The GreenLake platform has seen significant adoption, providing stable cash flow that will be enhanced by integrating Juniper's products [7]. - HPE is well-positioned to capitalize on the growing demand for AI and machine learning solutions, aligning with its strategy to lead in AI-driven cloud infrastructure [7]. Group 4: Valuation and Investment Outlook - Despite concerns over earnings dilution, HPE's attractive valuation multiples suggest it is worth holding, with forward 12-month price-to-earnings and price-to-sales multiples at 7.87X and 0.67X, respectively, compared to industry averages of 18.46X and 1.92X [8]. - The acquisition of Juniper Networks is expected to enhance HPE's competitive position in the cloud and networking markets, setting the company up for future growth [8].