Hewlett Packard Enterprise Stock In Shambles: Down -15% With 6-Day Losing Streak

-52.33%
Downside
22.90
Market
10.92
Trefis
HPE: Hewlett Packard Enterprise logo
HPE
Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) stock hit day 6 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -15% return. The company has lost about $4.6 Bil in value over the last 6 days, with its current market capitalization at about $27 Bil. The stock remains 4.3% below its value at the end of 2024. This compares with year-to-date returns of 11.2% for the S&P 500.

Hewlett Packard Enterprise’s recent streak saw shares pressured by a Morgan Stanley downgrade to Equal-weight, citing soaring memory costs poised to squeeze hardware margins for 12-18 months, coupled with integration concerns for the Juniper Networks deal and a strategic H3C stake sale.

What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact. Our take: There is a near-equal mix of good and bad in HPE stock given its overall Moderate operating performance and financial condition. Considering stock’s Low valuation we think it is Attractive (see Buy or Sell HPE).

For quick background, HPE provides solutions for seamless data capture, analysis, and action, offering general-purpose and workload-optimized servers, as well as wired and wireless networking hardware including Wi-Fi access points and switches.

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Comparing HPE Stock Returns With The S&P 500

The following table summarizes the return for HPE stock vs. the S&P 500 index over different periods, including the current streak:
 

Return Period HPE S&P 500
1D -2.8% -1.6%
6D (Current Streak) -14.7% -4.6%
1M (21D) -13.3% -2.4%
3M (63D) -10.4% 1.1%
YTD 2025 -4.3% 11.2%
2024 29.1% 23.3%
2023 9.7% 24.2%
2022 4.5% -19.4%

 
Take a look at what history tells you about whether past dips like this have been buying opportunities or traps: HPE Dip Buyer Analysis.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 23 S&P constituents with 3 days or more of consecutive gains and 98 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 19 20
4D 1 31
5D 0 6
6D 2 27
7D or more 1 14
Total >=3 D 23 98

 
 
Key Financials for Hewlett Packard Enterprise (HPE)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $29.1 Bil $30.1 Bil
Operating Income $2.4 Bil $2.5 Bil
Net Income $2.0 Bil $2.6 Bil

Last 2 Fiscal Quarters:

Metric 2025 FQ2 2025 FQ3
Revenues $7.6 Bil $9.1 Bil
Operating Income $294.0 Mil $428.0 Mil
Net Income $-1.0 Bil $305.0 Mil

 
The losing streak HPE stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.