Hewlett Packard Enterprise Company

NYSE:HPE Stock Report

Market Cap: US$29.6b

Hewlett Packard Enterprise Valuation

Is HPE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of HPE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Fair Value: HPE ($22.1) is trading below our estimate of fair value ($34.63)

Significantly Below Fair Value: HPE is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HPE?

Key metric: As HPE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for HPE. This is calculated by dividing HPE's market cap by their current revenue.
What is HPE's PS Ratio?
PS Ratio0.9x
SalesUS$34.30b
Market CapUS$29.59b

Price to Sales Ratio vs Peers

How does HPE's PS Ratio compare to its peers?

The above table shows the PS ratio for HPE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.4x
PSTG Pure Storage
6.9x14.14%US$22.1b
NTAP NetApp
3.2x4.59%US$21.2b
HPQ HP
0.4x1.28%US$19.7b
SNDK Sandisk
7.3x15.39%US$57.0b
HPE Hewlett Packard Enterprise
0.9x7.79%US$29.6b

Price-To-Sales vs Peers: HPE is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (4.4x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does HPE's PS Ratio compare vs other companies in the US Tech Industry?

17 CompaniesPrice / SalesEstimated GrowthMarket Cap
HPQ HP
0.4x1.28%US$19.71b
DBD Diebold Nixdorf
0.7x3.58%US$2.42b
KODK Eastman Kodak
0.7xn/aUS$751.92m
CRSR Corsair Gaming
0.4x7.17%US$628.79m
HPE 0.9xIndustry Avg. 1.8xNo. of Companies17PS02.85.68.411.214+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: HPE is good value based on its Price-To-Sales Ratio (0.9x) compared to the US Tech industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is HPE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HPE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio2.4x

Price-To-Sales vs Fair Ratio: HPE is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (2.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HPE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$22.10
US$26.28
+18.90%
9.56%US$31.00US$21.00n/a18
Jan ’27US$24.02
US$26.28
+9.40%
9.56%US$31.00US$21.00n/a18
Dec ’26US$21.94
US$26.50
+20.78%
9.68%US$31.00US$21.00n/a18
Nov ’26US$24.42
US$26.51
+8.57%
9.72%US$31.00US$21.00n/a19
Oct ’26US$24.93
US$25.93
+4.01%
9.00%US$30.00US$21.00n/a18
Sep ’26US$22.57
US$23.60
+4.55%
17.02%US$30.00US$16.00n/a17
Aug ’26US$19.81
US$22.83
+15.24%
17.43%US$30.00US$16.00n/a18
Jul ’26US$20.48
US$21.48
+4.89%
14.07%US$26.00US$16.00n/a17
Jun ’26US$17.28
US$19.98
+15.61%
16.97%US$26.00US$15.00n/a16
May ’26US$16.41
US$18.98
+15.64%
19.30%US$26.00US$14.00n/a15
Apr ’26US$15.64
US$20.14
+28.79%
18.17%US$26.00US$15.00n/a15
Mar ’26US$19.81
US$24.46
+23.48%
10.95%US$29.00US$19.00n/a15
Feb ’26US$21.19
US$24.48
+15.54%
10.93%US$29.00US$19.00n/a15
Jan ’26US$21.35
US$24.31
+13.86%
10.90%US$29.00US$19.00US$24.0217
Dec ’25US$21.22
US$22.39
+5.49%
11.64%US$29.00US$18.00US$21.9417
Nov ’25US$20.06
US$21.26
+5.99%
8.86%US$24.00US$18.00US$24.4217
Oct ’25US$19.95
US$21.22
+6.35%
9.10%US$24.00US$18.00US$24.9316
Sep ’25US$19.37
US$20.90
+7.89%
11.28%US$24.00US$16.00US$22.5715
Aug ’25US$19.08
US$20.28
+6.28%
12.52%US$24.00US$16.00US$19.8116
Jul ’25US$21.16
US$20.12
-4.91%
12.07%US$24.00US$16.00US$20.4816
Jun ’25US$17.65
US$17.62
-0.17%
11.35%US$21.00US$14.00US$17.2816
May ’25US$16.44
US$17.53
+6.63%
11.42%US$21.00US$14.00US$16.4116
Apr ’25US$17.94
US$17.22
-4.03%
11.32%US$21.00US$14.00US$15.6416
Mar ’25US$15.56
US$16.68
+7.20%
7.82%US$19.00US$14.00US$19.8115
Feb ’25US$15.36
US$17.61
+14.62%
9.67%US$21.00US$15.00US$21.1916
Jan ’25US$16.98
US$17.77
+4.67%
9.65%US$21.00US$15.00US$21.3519
US$26.28
Fair Value
15.9% undervalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/12 10:36
End of Day Share Price 2026/01/12 00:00
Earnings2025/10/31
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hewlett Packard Enterprise Company is covered by 43 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Jayson NolandBaird
Timothy LongBarclays