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Hewlett Packard Enterprise Co - Stock Quote HPE

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Morningstar's Hewlett Packard Enterprise Co Stock Analysis

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Is it the right time to buy or sell?

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Economic Moat

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Hewlett Packard Enterprise Is Focused on the Hybrid Cloud but Hasn’t Earned a Moat

Mark Cash Senior Equity Analyst

Business Strategy and Outlook

| William Kerwin |

Hewlett Packard Enterprise is a leading supplier of IT infrastructure products and services. It generates revenue from selling servers, storage, and networking equipment, as well as the associated software. HPE also has a financial services arm it uses to provide financing to customers. HPE is committed to make its entire portfolio available as-a-service by 2022, and we believe HPE is wisely focusing on profitability and shareholder returns.

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Hewlett Packard Enterprise Co's Company Profile

Business Description

Hewlett Packard Enterprise is a supplier of IT infrastructure products and services. The company operates as six segments. Its compute division primarily sells computer servers and services. The high-performance compute segment includes its Cray supercomputers. Storage arrays are sold out of the storage segment, and the intelligent edge group sells Aruba networking products and services. HPE's financial services division offers financing and leasing plans for customers. The Palo Alto, California-based company sells on a global scale and has approximately 60,000 employees.

Contact
11445 Compaq Center West Drive
Houston, TX, 77070
T +1 650 687-5817
Sector Technology
Industry Communication Equipment
Most Recent Earnings Apr 30, 2022
Fiscal Year End Oct 31, 2022
Stock Type Cyclical
Employees 60,400

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