Hewlett Packard Enterprise Co (HPE) Stock News

Hewlett Packard Enterprise (HPE) shares have surged 191% over the past year, driven by strong AI infrastructure momentum. The company's Cloud & AI revenues grew 25% to $9 billion in fiscal Q3 2026, with a $6.8 billion AI systems backlog and a major $3.5 billion hyperscaler deal. Despite the sharp rally, HPE trades at an attractive forward P/S ratio of 1.74 versus the industry average of 4.83. Analysts recommend buying HPE stock given its integrated portfolio, expanding GreenLake adoption (52,000 customers, up 18% YoY), and stable margins.

Hewlett Packard Enterprise (HPE) stock surged 22.3% in September 2026, driven by strong AI data center demand. The company reported a 34% revenue increase to $12.2 billion in Q3, with AI systems orders jumping over 30% to $2.4 billion. HPE also secured a $1.2 billion order from Vultr for AMD Helios AI racks and expanded deals with Oracle for AI networking infrastructure. Despite nearly tripling year-to-date, HPE trades at a reasonable 14.8x forward earnings with expected free cash flow of $5 billion in fiscal 2027.

A comparison of Hewlett Packard Enterprise (HPE) and Advanced Micro Devices (AMD) as value investment options in the Computer-Integrated Systems sector. HPE receives a Zacks Rank #2 (Buy) with a Value grade of B, featuring a forward P/E of 16.03 and PEG ratio of 0.48. AMD holds a Zacks Rank #3 (Hold) with a Value grade of F, showing a forward P/E of 83.42 and PEG ratio of 5.56. Based on valuation metrics and earnings outlook, HPE is identified as the superior value option.

Hewlett Packard Enterprise's networking revenues jumped 74.9% year-over-year to $2.89 billion, driven by strong AI infrastructure demand and the Juniper acquisition. The company secured a gigawatt-scale Oracle deal and reported Networks for AI orders of $700 million in Q3. HPE trades at a valuation discount despite 159.4% YTD stock appreciation and holds a Zacks Rank #1 (Strong Buy) rating.

Hewlett Packard Enterprise (HPE) has outperformed its industry with a 25.9% gain over three months, driven by strong AI infrastructure demand. The company reported $2.4 billion in AI Systems orders and a record $7.6 billion total AI backlog in Q3 fiscal 2026. Cloud & AI revenues rose 25% with server revenues jumping 35%, while gross margins expanded to 40.4% and operating profit grew 155%. Despite the stock appreciation, HPE trades at a discount with a forward P/S ratio of 1.5 versus the industry average of 4.81, prompting analysts to recommend accumulation.

Dell Technologies and Hewlett Packard Enterprise both delivered record quarterly results driven by explosive AI-server demand. Dell posted 58% revenue growth with AI-optimized server revenue doubling, while HPE achieved 34% revenue growth with strong server and networking gains. Both companies raised full-year guidance significantly. Dell gets a slight edge as the better buy due to its larger AI-server position and stronger growth, though HPE offers better valuation metrics for value-oriented investors.

HPE reported Q3 2026 total revenue of $12.21 billion, up 33.7% year-over-year, with strong international performance. Europe, Middle East and Africa generated $4.2 billion (34.4% of total), beating analyst expectations by 3.48%, while Asia Pacific and Japan contributed $2.67 billion (21.8%), exceeding estimates by 4.16%. Analysts project continued growth with FY2026 revenue expected at $46.04 billion, up 34.3% annually. HPE holds a Zacks Rank #1 (Strong Buy) rating, though the stock declined 2.3% over the past month.

Hewlett Packard Enterprise, Broadcom, and Dell Technologies all reported strong quarterly earnings driven by AI infrastructure demand. HPE posted record revenue of $12.2B with 34% YoY growth and raised FY26-27 guidance. Broadcom delivered $29.6B revenue (86% YoY growth) with AI semiconductor revenue surging 221% YoY. Dell achieved record $47B revenue (58% YoY growth) with a massive $95B AI server backlog. All three companies provided upbeat forward guidance, though market reactions were mixed as expectations remain sky-high.

Hewlett Packard Enterprise reported Q3 2026 earnings of $1.11 per share, beating consensus estimates of $0.95 per share, with a 16.84% earnings surprise. Revenues reached $12.21 billion, surpassing estimates by 0.99%. The company has outperformed the market by 111.8% year-to-date versus the S&P 500's 11.5% gain. HPE received a Zacks Rank #2 (Buy) rating with favorable estimate revision trends.

A comparison of Hewlett Packard Enterprise (HPE) and Advanced Micro Devices (AMD) for value investors reveals that HPE is the more attractive option. HPE has a Zacks Rank of #2 (Buy) with improving earnings outlook, a forward P/E of 14.78, and a Value grade of B. AMD has a Zacks Rank of #3 (Hold) with a forward P/E of 61.38 and a Value grade of F, making it significantly more expensive on traditional valuation metrics.

Wall Street analysts project HPE will report Q3 earnings of $0.94 per share (up 113.6% YoY) with revenues reaching $12.12 billion (up 32.6% YoY). The consensus EPS estimate has been revised 2.4% higher over the last 30 days. All major revenue segments are expected to show strong growth, with Asia Pacific and Japan leading at +54.7% YoY. HPE shares have outperformed the S&P 500 with +15.4% returns over the past month and carry a Zacks Rank #2 (Buy) rating.

HPE and Cisco are competing for enterprise and data center networking spending driven by AI demand. HPE strengthened its position through the Juniper acquisition with 148% networking revenue growth, while Cisco benefits from $9.3 billion in hyperscaler AI orders and strong data center momentum. Despite HPE's superior year-to-date performance (130% vs. 45.9%), Cisco is rated as the more compelling investment due to its stronger competitive position, diversified portfolio, and operating leverage, though both carry a Zacks Rank #2 (Buy).

Dell and HPE have surged as investors recognize that AI infrastructure requires more than just chips—servers, storage, and networking are critical. Dell reported $16.1 billion in AI server revenue (up 757% YoY) with $60 billion annual guidance, while HPE benefits from enterprise AI spending. Cisco, positioned in networking rather than servers, has gained 40% but lags peers. Goldman Sachs raised Cisco's price target to $125, suggesting networking could be the next beneficiary as AI infrastructure investment broadens.

For much of the AI boom, investors focused on the obvious winners: Nvidia Corp. (NASDAQ: NVDA ) and memory-chip makers such as Micron Technology Inc. (NASDAQ: MU ) . But a quieter trend has emerged over the past month. Some of the biggest stock-market winners have been a group of former 1990s technology titans once associated with PCs, networking equipment and enterprise hardware. Dell Technologies Inc.   (NYSE: DELL ) and  Hewlett Packard Enterprise Co.   (NYSE: HPE ) have roughly doubled in a month.  Cisco Systems Inc.   (NASDAQ: CSCO ) and International Business Machines Corp.   (NYSE: IBM ) have both risen by 40%. The common denominator is artificial intelligence infrastructure. Dell Showed How Fast The Demand Is Compounding The market’s sudden enthusiasm for Dell and HPE stems from a simple realization: building AI requires far more than chips. Think of the artificial intelligence boom as a new kind of factory. The chips from  Nvidia Corp.   (NASDAQ: NVDA ) are the engines. But an engine alone moves nothing. It needs a chassis, wiring, cooling and a power supply. In the data center those are the servers, ... Full story available on Benzinga.com

Hewlett Packard Enterprise (HPE) surged 25% intraday after reporting a $6.3 billion AI server backlog and pulling forward FY2028 targets to the current fiscal year. The company's non-GAAP operating margin expanded to 13.3% from 8%, signaling a successful shift to high-value AI infrastructure. Bank of America raised its price target from $38 to $80. However, bears note that Juniper integration costs and component shortages could limit backlog conversion speed.

Betting against this trade, at least for now, may well be your ticket to the graveyard.

Hewlett Packard Enterprise (NYSE: HPE ) is having the kind of earnings day that rewrites analyst models in real time.  Shares surged 25% intraday, tagging a new 52-week high of $64.25 before pulling back. That’s the company’s biggest single-day move in history. HPE stock is moving after earnings. Watch the price action here.  Benzinga Pro data shows volume is running at about 95 million shares. Institutions are rushing to reprice a stock the market views as legacy hardware. The story here isn’t just a beat — it’s a structural transformation that Wall Street was too slow to price.  data-variant="card" data-news-mode="manual" > Read Also: Anthropic Files S-1 Opening The IPO Floodgates, Analyst Says CEO Antonio Neri dropped the most bullish line of the quarter: HPE has pulled forward its FY2028 margin and revenue targets to the current fiscal year.  The AI server backlog stands at $6.3 billion. Some 61% of that comes from government and enterprise clients ... Full story available on Benzinga.com

Hewlett Packard Enterprise surged 36.40% after hours following a blowout Q2 earnings report that exceeded expectations on both revenue and earnings. The company posted EPS of 79 cents versus 53 cents consensus and revenue of $10.68 billion versus $9.79 billion expected, driven by strong AI infrastructure demand. Dell and Super Micro Computer rallied in sympathy, signaling sector-wide momentum in enterprise AI server spending.

Shares of Super Micro Computer Inc. (NASDAQ: SMCI ) and Dell Technologies Inc. (NYSE: DELL ) are moving higher in Monday’s extended session, riding the coattails of a blowout earnings report from Hewlett Packard Enterprise (NYSE: HPE ) that sent a clear signal: enterprise AI infrastructure spending is alive and accelerating. DELL stock is climbing. See the chart and price action here. Hewlett Packard Enterprise ‘s Q2 Hewlett Packard Enterprise surged 36.40% after hours to $64.11 after reporting fiscal second-quarter results that handily topped Wall Street expectations on both the top and bottom lines. The company posted earnings of 79 cents per share, demolishing the consensus estimate of 53 cents, while revenue of ... Full story available on Benzinga.com

Editor’s Note: The future prices of benchmark tracking ETFs, and the headline were updated in the story. U.S. stock futures rose on Monday, after a higher close on Friday, ending the month of May at a record high. The U.S. has undertaken "self-defense" strikes in Iran on Sunday as President Donald Trump says Iran wants a deal and urges critics to stop second-guessing his negotiation strategy. According to an update on X by the Central Command, the U.S. carried out strikes in Iran over the weekend, hitting Iranian radar and command and control sites. The strikes were in response to "aggressive Iranian actions," including the shooting down of a US MQ-1 drone operating over international waters. Investors will keep an eye on the May jobs report this week, slated for a Friday release, and earnings from tech heavyweights like Palo Alto Networks Inc. (NASDAQ: PANW ) , CrowdStrike Holdings Inc. (NASDAQ: CRWD ) , and Broadcom Inc. (NASDAQ: AVGO ) . Meanwhile, the 10-year Treasury bond yielded 4.46%, and the two-year bond was at 4.03%. The CME Group's FedWatch tool ‘s projections show markets pricing a 99.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. Index Performance (+/-) Dow Jones 0.15% S&P 500 0.15% Nasdaq 100 0.18% Russell 2000 -0.10% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ) , which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Monday. The SPY was up 0.22% at $758.04, while the QQQ was higher by 0.21% to $739.86. data-variant="card" data-news-mode="manual" > Read Also: Stock Market: Will S&P 500 Open Up Or Down Today? Stocks In Focus Hewlett Packard Enterprise Hewlett Packard Enterprise Co. (NYSE: HPE ) jumped 6.06% in premarket on Friday as it is set to report its second-quarter results after market close.