Sectivia

HPEvs.NetApp

HPE vs NTAP · both in Data centers, part of the AI & digital infrastructure value chain: Servers, networking, optics and data center capacity that tie AI infrastructure together.

HPE is about 2.0× larger than NetApp by market cap; NetApp trades at the lower P/E (31.1 vs 51.3); year to date, HPE leads (+118.3% vs +74.5%).

Side by side

HPENTAP
Market cap$79.8B$39.6B
Price$53.44$187.43
Today+1.9%+0.3%
Return YTD+118.3%+74.5%
Return 1Y+133.5%+69.1%
P/E51.331.1
P/S2.15.7
P/B3.229.3

Data as of 2026-08-26 · updates daily after U.S. close

The two companies

HPEHPE

NYSE · USA

Cray supercomputers and ProLiant AI servers on one side; on the other, a networking business that grew considerably with the Juniper acquisition.

AI serversNetworking
Full HPE profile →

NetAppNTAP

NASDAQ · USA

Keeps enterprise data on flash arrays and moves it between on-premises kit and the cloud; AI workloads are the newer source of demand.

Data storage
Full NTAP profile →

More HPE & NTAP comparisons

Other head-to-heads in the Data centers segment.

See where HPE and NTAP sit in the full AI & digital infrastructure map: every segment from suppliers to end markets.Open the AI value chain →