Between Dell Technologies and Hewlett Packard Enterprise, Which Stock Looks Set to Break Out?
Hewlett Packard Enterprise fell -14% during the past Week. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Dell Technologies gives you more. Dell Technologies (DELL) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Hewlett Packard Enterprise (HPE) stock, suggesting you may be better off investing in DELL
- DELL’s quarterly revenue growth was 87.5%, vs. HPE’s 40.0%.
- In addition, its Last 12 Months revenue growth came in at 38.6%, ahead of HPE’s 22.6%.
- DELL leads on profitability over both periods – LTM margin of 8.1% and 3-year average of 7.2%.
These differences become even clearer when you look at the financials side by side. The table highlights how HPE’s fundamentals stack up against those of DELL on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| HPE | DELL | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 28.7 | 22.8 | DELL |
| Revenue Growth | |||
| Last Quarter | 40.0% | 87.5% | DELL |
| Last 12 Months | 22.6% | 38.6% | DELL |
| Last 3 Year Average | 10.0% | 12.9% | DELL |
| Operating Margins | |||
| Last 12 Months | 5.8% | 8.1% | DELL |
| Last 3 Year Average | 6.9% | 7.2% | DELL |
| Momentum | |||
| Last 3 Year Return | 231.8% | 743.3% | DELL |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
- HPE’s AI Orders Double With One Major Catch
- Hewlett Packard Enterprise Just Activated A Time Machine
- The Bear Case: How HPE Behaves During Market Shocks
- SMCI Looks Smarter Buy Than Hewlett Packard Enterprise Stock
- Hewlett Packard Enterprise Stock Surged 40%, Here’s Why
- With Hewlett Packard Enterprise Stock Sliding, Have You Assessed The Risk?
See detailed fundamentals on Buy or Sell DELL Stock and Buy or Sell HPE Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| HPE Return | 37% | 4% | 10% | 29% | 16% | 109% | 391% | ||
| DELL Return | 52% | -27% | 96% | 53% | 11% | 220% | 1089% | <=== | |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% | ||
| Monthly Win Rates [3] | |||||||||
| HPE Win Rate | 58% | 50% | 67% | 50% | 58% | 67% | 58% | ||
| DELL Win Rate | 75% | 33% | 75% | 75% | 50% | 67% | 62% | ||
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | 62% | <=== | |
| Max Drawdowns [4] | |||||||||
| HPE Max Drawdown | -20% | -31% | -19% | -26% | -48% | -17% | -27% | ||
| DELL Max Drawdown | -11% | -44% | -16% | -51% | -42% | -15% | -30% | ||
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | -13% | <=== | |
[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 6/9/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read DELL Dip Buyer Analyses and HPE Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.
Still not sure about HPE or DELL? Consider portfolio approach.
Portfolios Over Individual Stock Picks
Stocks soar and sink – the key is staying invested. A balanced portfolio helps you ride market volatility, boosts gains, and reduces single stock risk.
Why settle for average market returns? The Trefis High Quality (HQ) Portfolio invests in a diverse group of 30 stocks that have collectively delivered stronger upside with reduced volatility compared to the broader indices. Discover the methodology behind these smoother, higher returns by checking the HQ Portfolio performance data.