HPE raises annual forecasts as AI, networking demand lifts quarterly revenue
HPE said AI-driven demand lifted networking revenue 75% and server sales 35%, prompting higher fiscal 2026 and 2027 guidance.
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8 Articles
Stock Market Today, Sept. 3: HPE Jumps 5%, Raises Fiscal Outlook on Record AI Server Demand
Today, Sept. 3, 2026, the enterprise infrastructure provider posted $12.2 billion in quarterly revenue, while analysts raised price targets, signaling sustained momentum in AI infrastructure.
HPE Cannot Build AI Servers Fast Enough. Is the Stock Still Cheap?
The post HPE Cannot Build AI Servers Fast Enough. Is the Stock Still Cheap? appeared first on 24/7 Wall St.. Hewlett Packard Enterprise (NYSE:HPE) has roughly doubled in 2026, with shares up 117.7% year-to-date and 133.11% over the past year to $51.83. If you watched it climb from the low $20s and never bought, the question is whether the AI server story is now priced in or whether the setup that produced the move is still intact. The company re…
HPE raises annual forecasts as AI, networking demand lifts quarterly revenue
Sept 2 : Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.Shares of the company, however, fell 8 per cent in extended trading.
Why is HPE stock falling despite stronger-than-expected results, raised guidance?
Hewlett Packard Enterprise raised its annual forecasts on Wednesday after delivering a stronger-than-expected July quarter, as accelerating demand for artificial intelligence infrastructure lifted server and networking sales. However, shares fell over 5% during extended trading as investors were likely assessing how sustainable the margin gains will be as AI systems make up a larger share of the product mix and supply constraints remain. HPE rep…
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