Hewlett Packard Enterprise's networking orders are surging ahead of shipments amid growing AI demand, with major deals and Juniper integration shaping what's next.
HPE is experiencing a structural growth inflection, with revenue accelerating to 32.7% year-over-year in Q3 FY2026 driven by strong demand in its Intelligent Edge and AI server segments. This top-line momentum is translating into significant margin expansion, ...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has accelerated sharply to 32.7% year-over-year in Q3 FY2026, while gross margin has expanded structurally from 31.8% to 40.1% over the past two years, indicating a successful mix shift toward higher-margin Intelligent Edge and AI solutions.
Hewlett Packard Enterprise reported 18% year-over-year revenue growth and rising annual recurring revenue of US$2.87 billion, signaling robust financial performance.
HPE achieved record performance in AI systems, highlighting its leadership and growth potential in the AI technology sector.
HPE's forward P/E of 10.73 suggests the stock is undervalued compared to its trailing P/E of 29.60, presenting a potential investment opportunity.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Sep 2, 2026 | $1.11+19.1% vs $0.93 | $12.2B+1.9% vs $12.0B |
Q3 2026 Jun 1, 2026 | $0.79+47.7% vs $0.54 | $10.7B+9.2% vs $9.8B |
Q2 2026 Mar 9, 2026 | $0.65+10.7% vs $0.59 | $9.3B-0.5% vs $9.3B |
Q4 2025 Dec 4, 2025 | $0.62+7.1% vs $0.58 | $9.7B-2.1% vs $9.9B |
Hewlett Packard Enterprise's networking orders are surging ahead of shipments amid growing AI demand, with major deals and Juniper integration shaping what's next.
DELL, SMCI and HPE are seeing surging AI-server demand, record backlogs and stronger guidance as data centers expand AI infrastructure.

A bid that started earlier this week in memory and chip names has widened into server makers, sending U.S. AI server stocks higher on Thursday morning.

Here is how Hewlett Packard Enterprise (HPE) and ASE Technology Hldg (ASX) have performed compared to their sector so far this year.

Benchmark HPE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Hewlett Packard Enterprise Company (HPE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $61.04 | $80.83B | -1368.61 | 14.06% | 0.17% | 0.23% | 0.98% | |
| $549.02 | $364.69B | 63.25 | 18.8% | 7.53% | — | — | |
| $231.38 | $217.99B | 20.71 | 7.62% | 15.52% | 33.43% | — | |
| $192.91 | $38.21B | 30.33 | 5.37% | 19.19% | 113.67% | — | |
| $32.04 | $29.3B | 12.09 | 3.24% | 4.14% | — | — | |
| $106.44 | $419.53B | 31.96 | 11.77% | 20.95% | 27.39% | — |
Hewlett Packard Enterprise Company (HPE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Hewlett Packard Enterprise Company (HPE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Sep 2, 2026·SEC
Jun 1, 2026·SEC
May 14, 2026·SEC
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Hewlett Packard Enterprise Company (HPE) stock FAQ — growth, dividends, profitability & financials explained
Hewlett Packard Enterprise Company (HPE) reported $41.89B in revenue for fiscal year 2025. This represents a 27% decrease from $57.33B in 2013.
Hewlett Packard Enterprise Company (HPE) grew revenue by 14.1% over the past year. This is steady growth.
Yes, Hewlett Packard Enterprise Company (HPE) is profitable, generating $2.75B in net income for fiscal year 2025 (0.2% net margin).
Yes, Hewlett Packard Enterprise Company (HPE) pays a dividend with a yield of 0.98%. This makes it attractive for income-focused investors.
Hewlett Packard Enterprise Company (HPE) has a return on equity (ROE) of 0.2%. This is below average, suggesting room for improvement.
Hewlett Packard Enterprise Company (HPE) generated $4.16B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.