Hewlett Packard Enterprise Co
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Hewlett Packard Enterprise Co (HPE) Stock News
The latest HPE headlines and market coverage — 8 recent stories, updated throughout the day.
- Benzinga·
After Dell And HPE's AI-Fueled Surge, Is Cisco The Next 1990s Tech Giant To Break Out?
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.
- Benzinga·
After Dell And HPE's AI-Fueled Surge, Is Cisco The Next 1990s Tech Giant To Break Out?
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
- Benzinga·
HPE Stock Rips After $6.3 Billion AI Backlog Smashes Its Own Targets
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.
- CNBC·
Like Dell, now HPE surges on a massive guidance hike. Yes, business is that good
Betting against this trade, at least for now, may well be your ticket to the graveyard.
- Benzinga·
HPE Stock Rips After $6.3 Billion AI Backlog Smashes Its Own Targets
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
- Benzinga·
SMCI, Dell Catch A Bid After Hours As HPE Stock Soars After Q2 Report
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.
- Benzinga·
SMCI, Dell Catch A Bid After Hours As HPE Stock Soars After Q2 Report
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
- Benzinga·
Stock Market Today: S&P 500, Dow, Nasdaq Futures Rise As US Undertakes 'Self-Defense' Strikes Against Iran— HPE, NVDA, UBER In Focus (UPDATED)
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.