Shares of Hewlett Packard Enterprise (HPE) are little changed at the time of writing despite announcing the shipment of its first Nvidia (NVDA) Blackwell family-based solution – the NVIDIA GB200 NVL72. According to the tech company, this innovative system is designed to help service providers and large enterprises quickly deploy complex AI clusters with advanced direct liquid cooling solutions, which will optimize efficiency and performance.
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The NVIDIA GB200 NVL72 features a shared-memory, low-latency architecture with the latest GPU technology and the ability to support extremely large AI models with over a trillion parameters. This solution offers the seamless integration of NVIDIA CPUs, GPUs, compute and switch trays, networking, and software that will provide extreme performance for heavily parallelizable workloads like generative AI model training and inferencing.
The NVIDIA GB200 NVL72 is part of HPE’s comprehensive portfolio of high-performance computing and supercomputing systems that address the various use cases for GenAI, as well as scientific discovery and other compute-intensive workloads.
Is HPE a Good Stock to Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on HPE stock based on seven Buys, four Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. After a 42% rally in its share price over the past year, the average HPE price target of $25 per share implies 18.5% upside potential.
