Inexpensive A.I. Play - Hewlett Packard Enterprise (HPE) [Forbes]
Hewlett Packard Enterprise Company (HPE)
Last hewlett packard enterprise company earnings: 3/3 04:05 pm
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Source: Forbes
With 8 mentions of A.I. in two paragraphs of its fiscal Q2 Earnings Release, Hewlett Packard Enterprise (HPE) reminded investors that Nvidia isn't the only vehicle to consider for those interested in Hewlett Packard Enterprise offers enterprise security, analytics and data management, applications development and testing, data center care, cloud consulting, and business process services. HPE shares rallied more than 10% after the company turned in a very good report card for its fiscal Q2, in which A.I. was a focal point. CEO Antonio Neri said “HPE delivered very solid results in Q2, exceeding revenue and non-GAAP EPS guidance. A.I. systems revenue more than doubled from the prior quarter, driven by our strong order book and better conversion from our supply chain.” He continued, “Our deep expertise in designing, manufacturing, and running A.I. systems at scale fueled growth of cumulative A.I. systems orders to $4.6 billion, with enterprise A.I. orders representing more than 15
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HPE
News
- Hewlett Packard Enterprise (NYSE: HPE) had its price target raised by analysts at Bank of America Co. from $22.00 to $24.00. They now have a "neutral" rating on the stock.MarketBeat
- Housing trends, HPE CEO on Nvidia partnership: Market Domination [Yahoo! Finance Canada]Yahoo! Finance Canada
- HPE-Nvidia partnership will make AI enterprise history: CEO [Yahoo! Finance Canada]Yahoo! Finance Canada
- Hewlett Packard Enterprise (NYSE: HPE) had its "equal weight" rating re-affirmed by analysts at Morgan Stanley. They now have a $21.00 price target on the stock.MarketBeat
- Is Hewlett Packard Enterprise Co (NYSE:HPE) A Good AI Stock to Buy According to Jim Cramer? [Yahoo! Finance]Yahoo! Finance
HPE
Earnings
- 6/4/24 - Beat
HPE
Sec Filings
- 6/18/24 - Form 4
- 6/14/24 - Form 144
- 6/13/24 - Form 4
- HPE's page on the SEC website