HPE (HPE) Expands GTT Partnership For Managed Cloud Networking And Security

• GTT Communications and Hewlett Packard Enterprise (NYSE:HPE) have expanded their global partnership to offer new managed cloud networking and security services.
• The collaboration introduces services such as secure access service edge (SASE) and managed LAN/WLAN, using HPE Aruba Central and HPE Aruba Secure Connect.
• The new services target global enterprises looking to combine cloud based security with centralized network management.

For investors watching Hewlett Packard Enterprise, this expanded partnership with GTT puts more focus on secure networking and managed services. HPE is leaning on its Aruba networking platform to support enterprises that want cloud delivered security and simpler network operations across offices, branches and remote sites.

The move also adds to NYSE:HPE's mix of recurring service offerings tied to long term contracts, rather than one off hardware sales. For you as a shareholder or potential investor, it is another development to track as HPE positions itself in edge to cloud networking and managed security services for large organizations.

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2 things going right for Hewlett Packard Enterprise that this headline doesn't cover.

Quick Assessment

• ✅ Price vs Analyst Target: At US$44.56 against a consensus target of about US$64.13, Hewlett Packard Enterprise trades roughly 31% below analyst expectations.
• ✅ Simply Wall St Valuation: The stock is assessed as undervalued, trading 46.4% below an estimated fair value.
• ❌ Recent Momentum: The share price has declined 6.0% over the last 30 days.

There's only one way to know the right time to buy, sell or hold Hewlett Packard Enterprise. Head to Simply Wall St's company report for the latest analysis of Hewlett Packard Enterprise's Fair Value.

Key Considerations

• 📊 The expanded GTT partnership reinforces Hewlett Packard Enterprise's push into managed cloud networking and security, which ties closely to its Aruba platform.
• 📊 Watch how recurring service revenues, customer adoption of SASE and managed LAN/WLAN, and any disclosed contract wins progress over coming quarters.
• ⚠️ Existing minor risks such as debt levels and previous insider selling remain relevant when weighing any thesis built around new service partnerships.

Dig Deeper

For the full picture including more risks and rewards, check out the complete Hewlett Packard Enterprise analysis. Alternatively, you can check out the community page for Hewlett Packard Enterprise to see how other investors believe this latest news will impact the company's narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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