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Barchart
Barchart
Rashmi Kumari

Do Wall Street Analysts Like Hewlett Packard Enterprise Stock?

Hewlett Packard Enterprise HPE

Headquartered in Houston, Texas, Hewlett Packard Enterprise Company (HPE) is a major global provider of enterprise IT solutions. With a market cap of $27.7 billion, HPE focuses on enabling digital transformation through a comprehensive portfolio of products and services, including cloud solutions, data storage, networking, and intelligent edge computing. 

HPE has underperformed the broader market over the last year. The stock has gained 36.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 36.4%. However, in 2024, the stock is up 27.3%, compared to the SPX, which is up 25.2% on a YTD basis.

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