AI server stocks are clawing back part of Thursday's post-midterm sell-off, and the bounce is uneven across the group. Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) stock is at $28.73, up 6% in early trading.

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.
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 11/7/2026, 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 |
AI server stocks are clawing back part of Thursday's post-midterm sell-off, and the bounce is uneven across the group. Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) stock is at $28.73, up 6% in early trading.

The post-midterm unwind in AI hardware extended into a second straight day of losses, and the biggest server names are taking the hardest hits. Dell Technologies (NYSE:DELL | DELL Price Prediction) stock is at $325.
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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 |
|---|---|---|---|---|---|---|---|
| $44.76 | $59.26B | -1003.48 | 14.06% | 0.17% | 0.23% | 1.34% | |
| $328.53 | $218.23B | 37.85 | 18.8% | 7.53% | — | 0.65% | |
| $245.00 | $230.82B | 21.93 | 7.62% | 15.99% | 32.72% | 2.69% | |
| $169.15 | $33.5B | 26.60 | 5.37% | 19.19% | 113.67% | 1.23% | |
| $28.46 | $26.03B | 10.74 | 3.24% | 4.14% | — | 4.01% | |
| $93.85 | $369.9B | 28.18 | 11.77% | 20.95% | 27.39% | 1.75% |
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 over the trailing twelve months. Revenue was $34.30B in fiscal year 2025. That is 40% less than the $57.33B of fiscal year 2013.
Hewlett Packard Enterprise Company (HPE) grew revenue by 14.1% in fiscal year 2025, compared with the prior fiscal year.
Yes. Hewlett Packard Enterprise Company (HPE) earned $2.75B in net income over the trailing twelve months (a 6.6% net margin).
Yes. Hewlett Packard Enterprise Company (HPE) pays a dividend that yields 1.34% at the current price, a moderate yield.
Hewlett Packard Enterprise Company (HPE) had a return on equity (ROE) of 0.2% in fiscal year 2025. That is below the market's typical 10-15%.
Hewlett Packard Enterprise Company (HPE) generated $4.16B in free cash flow over the trailing twelve months.