HPE delivers enterprise IT solutions across cloud, AI, and edge computing for large organizations. It combines hardware, software, and services, with consumption-based options via HPE GreenLake and container management with HPE Ezmeral, plus Aruba networking. It differs by offering an integrated on-premises and edge-enabled stack with flexible pay-as-you-go models and active open-source engagement. Its goal is to help customers accelerate digital transformation with scalable, secure IT infrastructure across data centers, cloud, and edge.
Company Size
10,001+
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1939
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Health Insurance
Flexible Work Hours
Hybrid Work Options
Professional Development Budget
Wellness Program
Bank of America has reiterated its buy rating on Hewlett Packard Enterprise ahead of the company's networking investor day on 30 September. Analyst Wamsi Mohan maintained an $88 price target, representing roughly 40% upside from recent levels. HPE shares have more than doubled this year following the company's $14 billion acquisition of Juniper Networks in July. The deal transformed networking into HPE's fastest-growing segment, with third-quarter networking revenue jumping 74.9% to $2.9 billion. Bank of America expects the data centre networking market to grow about 40% annually through 2030, up from HPE's earlier 15% estimate. The firm projects HPE's networking revenue will compound at 15% to 20% yearly. However, BofA's model shows free cash flow potentially dipping to $2.75 billion in fiscal 2028 as capital spending rises sharply.
Hewlett Packard Enterprise shares jumped 4.5% on Wednesday after announcing a $1.2 billion AI systems deal with cloud provider Vultr and raising its networking revenue outlook. The agreement marks the first major order for AMD Helios AI Rack by HPE systems, which will be deployed across Vultr's US data centres. Each rack will integrate 72 AMD Instinct MI455X GPUs alongside HPE's purpose-built switching technology to support Vultr's AI cloud services. HPE also increased its fiscal 2027 networking revenue growth forecast to the high-teens to low-20s percentage range. The company projects data centre networking revenue will grow at a compound annual rate in the 50% range through fiscal 2029, whilst routing revenue is expected to increase in the low-to-high 20s range over the same period.
HPE shares rose over 4% in premarket trading Wednesday after announcing a $1.2 billion order from Vultr for AMD Helios AI Rack systems. The deal marks HPE's first order for the new AMD Helios system and will deploy the infrastructure across Vultr's US data centres. HPE is supplying networking infrastructure, liquid cooling, and deployment services for the systems. Each AMD Helios rack combines 72 AMD Instinct MI455X GPUs with AMD EPYC CPUs and networking cards. The order extends HPE's relationship with Vultr and Juniper Networks following HPE's 2025 acquisition of Juniper. Vultr CEO J.J. Kardwell said demand for high-performance AI infrastructure "continues to outpace available capacity." HPE stock has gained over 150% this year.
QuEra Computing has partnered with HPE to integrate neutral-atom fault-tolerant quantum computing with on-premises high-performance computing environments powered by the HPE Cray supercomputing platform. The collaboration targets HPC centres, national laboratories, and enterprises. The partnership aligns with the US Department of Energy's Genesis Mission, which combines AI, supercomputing, quantum systems, and scientific instruments. QuEra and HPE will pursue integrated testbeds, hybrid algorithm co-design, and software interoperability. QuEra now offers two deployment routes: on-premises through HPE for sovereign workloads, and cloud access through a major cloud provider. Libra, QuEra's first fault-tolerant quantum computer featuring over 256 logical qubits, is targeted for cloud availability in 2028. The companies have collaborated since 2025, with HPE showcasing their joint vision at HPE Discover Las Vegas 2026.
Dell Technologies, Super Micro Computer, and Hewlett Packard Enterprise are attracting investor interest as AI infrastructure demand surges. All three companies carry a Zacks Rank #1 (Strong Buy) rating. Dell reported strong second-quarter fiscal 2027 results, with revenues up 53% and earnings per share jumping 203% year over year. The company's Infrastructure Solutions Group revenue climbed 89% to $31.8 billion, driven by a 100% increase in AI-optimised server revenue to $16.4 billion. Dell booked a record $60.9 billion in AI orders during the quarter, with backlog rising to $95 billion. The company expects roughly $19 billion in AI server revenues for the third quarter and aims for $60 billion in AI server sales for fiscal 2027. The Zacks Consensus Estimate for Dell's current-year earnings has improved 32.3% over the past 30 days.