LIVE
NTNX
Nutanix, Inc. · Information Technology - Hyperconverged Infrastructure & Cloud Software
$46.90
-2.84% this month
VERSUS
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COMPARE
HPE
Hewlett Packard Enterprise Company · Information Technology - IT Hardware
$47.41
+45.34% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
NTNX
0
HPE
4
Comparison scoreboard
HPE LEADS 4/5AI Score
NTNX 31.5
HPE ✓62.4
1Y Return
NTNX -36.27%
HPE ✓+164.86%
Fwd P/E
NTNX 21.42
HPE ✓12.05
Target Up.
NTNX +21.56%
HPE ✓+33.13%
Op. Margin
NTNX N/A
HPE 8.70%
Metrics last refreshed: 6/20/2026
Quick take
NTNX vs HPE Stock Comparison: AI Score, Valuation, Performance and Upside
NTNX is a software-focused hyperconverged infrastructure company benefiting significantly from enterprises migrating away from VMware following its Broadcom acquisition, while HPE is a broader enterprise hardware infrastructure provider expanding into AI servers and networking. The two companies also partner together, with HPE reselling Nutanix software on its hardware.
NTNX vs HPE contrasts a software-centric hyperconverged infrastructure company riding a strong VMware-displacement tailwind against a broader hardware infrastructure provider expanding into AI and networking.
Live analysis · updated 6/20/2026
HPE holds the edge across 4 of 5 key metrics in this comparison. HPE leads on both 1-year return (+164.86%) and forward P/E (12.05x vs 21.42x for NTNX), a relatively favorable combination of momentum and valuation. Analyst consensus implies meaningfully more upside for HPE (+33.13%) than for NTNX (+21.56%).
Normalized 1Y performance
NTNX
HPE
Recent returns
NTNX
HPE
Analyst price targets & sentiment
NTNX · 15 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.1/5.0)
Price target range
analyst low$40.17
analyst high$65.00
analyst mean$57.01
current price$46.90
+21.6% upside to analyst mean
HPE
Price target range
analyst mean$64.13
current price$47.41
+33.1% upside to analyst mean
Who should consider this stock?
NTNX may suit investors who:
- →Want exposure to the VMware customer migration tailwind following the Broadcom acquisition
- →Value Nutanix's software-centric, high-margin subscription model
- →Believe hyperconverged infrastructure adoption will continue growing
HPE may suit investors who:
- →Want exposure to broader enterprise hardware infrastructure including AI servers
- →Believe the Juniper Networks acquisition will strengthen HPE's networking position
- →Prefer diversified hardware exposure over a software-focused pure-play
Performance & AI score
| Metric | NTNX | HPE |
|---|---|---|
| AI score | 31.5 | 62.4 |
| AI rank | #2162 | #126 |
| Latest close | $46.90 | $47.41 |
| 1M return | -2.84% | +45.34% |
| 6M return | -6.57% | +97.38% |
| 1Y return | -36.27% | +164.86% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | NTNX | HPE |
|---|---|---|
| 1Y ago | $6.37K (-36.3%) started 2025-06-18 | $26.66K (+166.6%) started 2025-06-18 |
| 5Y ago | $12.71K (+27.1%) started 2021-06-18 | $40.61K (+306.1%) started 2021-06-21 |
| 10Y ago | $12.68K (+26.8%) started 2016-09-30 | $71.79K (+617.9%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | NTNX | HPE |
|---|---|---|
| Market cap | $12.68B | $63.79B |
| Trailing P/E | 49.37 | 45.02 |
| Forward P/E | 21.42 | 12.05 |
| Price/Sales | 4.61 | N/A |
| EV/Revenue | 4.57 | 2.06 |
| Analyst target | $57.01 | $64.13 |
| Target upside | +21.56% | +33.13% |
Growth, profitability & risk
| Metric | NTNX | HPE |
|---|---|---|
| Revenue growth | 10.00% | 40.00% |
| Earnings growth | 17.20% | -30.30% |
| EPS growth | +17.20% | -30.30% |
| FCF margin | +22.97% | +9.89% |
| Operating margin | N/A | 8.70% |
| Profit margin | 10.03% | 4.01% |
| ROIC proxy | N/A | 6.31% |
| Return on equity | N/A | 6.31% |
| Dividend yield | 0.00% | 1.18% |
| Beta | 0.60 | 1.45 |
| Debt/equity | N/A | 84.03 |
| Current ratio | 1.78 | 1.09 |
| Quick ratio | 1.55 | 0.57 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
NTNX max drawdown57.58%
HPE max drawdown23.81%
NTNX max wkly drop20.98%
HPE max wkly drop17.52%
5Y risk snapshot
NTNX max drawdown68.71%
HPE max drawdown48.36%
NTNX max wkly drop27.23%
HPE max wkly drop20.76%
10Y risk snapshot
NTNX max drawdown80.40%
HPE max drawdown56.87%
NTNX max wkly drop38.35%
HPE max wkly drop28.21%
Performance metrics by period
| Period | Metric | NTNX | HPE |
|---|---|---|---|
| 1Y | Growth | -36.27% | +166.65% |
| CAGR | -36.29% | +167.02% | |
| Sharpe ratio | -0.84 | 2.16 | |
| Max drawdown | 57.58% | 23.81% | |
| Max daily drop | 17.75% | 10.14% | |
| Max wkly drop | 20.98% | 17.52% | |
| 5Y | Growth | +27.10% | +260.51% |
| CAGR | +4.91% | +29.29% | |
| Sharpe ratio | 0.25 | 0.74 | |
| Max drawdown | 68.71% | 48.36% | |
| Max daily drop | 23.10% | 15.14% | |
| Max wkly drop | 27.23% | 20.76% | |
| 10Y | Growth | +26.76% | +440.92% |
| CAGR | +2.47% | +18.40% | |
| Sharpe ratio | 0.25 | 0.52 | |
| Max drawdown | 80.40% | 56.87% | |
| Max daily drop | 32.72% | 15.31% | |
| Max wkly drop | 38.35% | 28.21% |
Business comparison
| Category | NTNX | HPE |
|---|---|---|
| Company | Nutanix, Inc. | Hewlett Packard Enterprise Company |
| Sector | Information Technology - Hyperconverged Infrastructure & Cloud Software | Technology |
| Industry | N/A | N/A |
| Core business | Nutanix provides hyperconverged infrastructure and hybrid multi-cloud software, allowing enterprises to run virtualized workloads across private and public cloud environments, increasingly winning customers migrating away from VMware following its acquisition by Broadcom. | Hewlett Packard Enterprise provides servers, storage, networking, and edge computing solutions for enterprise customers, with growing focus on AI infrastructure and networking following its Juniper Networks acquisition. |
| Investor focus | Investors track Nutanix's annual recurring revenue growth, customer additions driven by VMware migration tailwinds, and free cash flow margin expansion. | Investors track HPE's AI server order growth, networking segment expansion through the Juniper acquisition, and overall enterprise infrastructure demand trends. |
NTNX strengths
- →Significant customer migration tailwind from enterprises seeking VMware alternatives after the Broadcom acquisition and pricing changes
- →Software-centric, subscription-based business model with strong recurring revenue
- →Improving free cash flow generation alongside continued growth investment
HPE strengths
- →Growing AI server and networking portfolio strengthened by the Juniper Networks acquisition
- →Focused purely on enterprise infrastructure without consumer PC exposure
- →Strong position in high-performance computing and edge computing markets
Risks to watch — NTNX
- →Smaller scale than larger infrastructure competitors limits some resources
- →VMware migration tailwind, while currently strong, may moderate over time
- →Faces competition from both legacy virtualization vendors and cloud-native alternatives
Risks to watch — HPE
- →Smaller scale than Dell in overall enterprise infrastructure markets
- →Juniper acquisition integration carries execution and cost synergy risk
- →Enterprise IT spending cycles directly affect server and networking demand
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