Reading the tape
NYSE: HPE
Hewlett Packard Enterprise Company
Technology · Communication Equipment
Market Cap
$37.91B
52w High
$29.63
52w Low
$16.18
P/E
-244.31
Volume
11.03M
Outstanding Shares
1.33B
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 74.1%Revenue (TTM): 14.9%FCF (TTM): 130.89%P/FCF: 21st pct
What changed
The stock rose 74.1% over the last year. Revenue grew 14.9% over the trailing twelve months. Operating margin moved from 7.52% to 5.79%. Free cash flow grew 130.89% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 21st percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 5.79%. Revenue grew 14.9% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.
CEOAntonio Fabio Neri
SectorTechnology
IndustryCommunication Equipment
Employees61,000
IPO dateOct 19, 2015
Valuation
Forward P/E—
EV/EBITDA18.62
Enterprise value$48.92B
Stock splits
Sep 1, 2017↑ Forward
Every 1000 shares became 1289
Apr 3, 2017↑ Forward
Every 2500 shares became 3337
Profitability & growth
Revenue growth19.09%
Gross margin30.72%▼9.45%vs FY2024
Operating margin5.79%▼40.81%vs FY2024
ROE0.23%▼97.78%vs FY2024
Analyst consensus
RatingHold
Target price$28.71▲0.49%
15
Buy
21
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jun 2, 2026
Q2 FY26 · EPS est $0.54 · Revenue est $9.76B
View
Dividends
$0.54/shareQuarterly9yr growth streakStretchedHPE pays a dividend with a 1.91% dividend yield, 9 consecutive years of growth, growing at 2.57% annually, covered 0.8× by free cash flow.
Dividend Yield
1.91%
Annual Div / Share
$0.54
5yr CAGR
+2.57%
Doubles every ~27.3yr
Payout Ratio
—
Stretched
Dividend Growth Rate
3yr CAGR
+4.32%
5yr CAGR
+2.57%
Dividend Safety
2/10Stretched
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$0.55+4.8%
2024$0.52+4.0%
2023$0.50+4.2%
2022$0.48+0.0%
2021$0.48+0.0%
2020$0.48+3.2%
2019$0.47+3.3%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$19/yr
$2/mo
In 5 yrs
$22/yr+14%
$2/mo
In 10 yrs
$25/yr+29%
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$19/yr $2/mo | $22/yr+14% $2/mo | $25/yr+29% $2/mo |
Yield-on-cost grows from 1.91% → 2.46% over 10yr
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only 0.79× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.