5 Cheapest AI Data Center Stocks to Buy Now

3. Hewlett Packard Enterprise Company (NYSE:HPE)

Forward P/E: 9.34

On March 24, 2026, Hewlett Packard Enterprise Company (NYSE:HPE) launched new security offerings, including HPE Juniper Networking SRX400 Series Firewalls. The firm plans to expand its hybrid mesh firewall and technological advancements to promote AI adoption across remote environments. The corporation aims to simplify policy enforcement and strengthen protection across core, cloud, and edge systems as AI workloads expand.

Hewlett Packard Enterprise Company (NYSE:HPE) published fiscal first-quarter 2026 results, with sales of $9.3 billion, up 18% year on year, fueled by solid networking performance and Cloud and AI profitability. The firm reported GAAP gross margins of 35.9% and non-GAAP margins of 36.6%, both up from previous periods. The company announced GAAP EPS of $0.31, which exceeded the forecast range, and non-GAAP EPS of $0.65, which was also above guidance. The company earned $1.2 billion in operating cash flow and $0.7 billion in free cash flow, with $348 million returned to shareholders through dividends and share repurchases.

Hewlett Packard Enterprise Company (NYSE:HPE) is a global edge-to-cloud firm. It provides information technology, technology, and enterprise products, solutions, and services.