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Home/News Feed/Hewlett Packard Enterprise stock jumps 32.7% after Q2 earnings beat estimates with strong revenue and profit growth.
HPE
$46.98
-$2.58 -5.20%

Hewlett Packard Enterprise stock jumps 32.7% after Q2 earnings beat estimates with strong revenue and profit growth.

Company Fundamentals
01 Jun 2026
Erica Kollmann
View Source
Bullish
pluang ai news

Hewlett Packard Enterprise (HPE) reported Q2 earnings of 79 cents per share, surpassing the estimated 53 cents, with revenue reaching $10.68 billion, well above the $9.79 billion expected. The company saw significant growth in networking revenue, up 148.2%, and cloud & AI revenue, up 22.9%, reflecting strong demand and execution. CEO Antonio Neri highlighted robust infrastructure modernization and AI scaling by customers. HPE projects fiscal 2026 revenue growth between 29% and 33%, and 8% to 12% for fiscal 2027, driving a 32.7% stock surge to $62.38 in after-hours trading.

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