HPE
Hewlett Packard Enterprise Company
September 14, 2026 · pre-market open
- Rarity
- 1.24
- Peak move
- −11.03%
- Float cap
- $81.5B
Hewlett Packard Enterprise Company is a global technology provider that develops intelligent solutions enabling customers to capture, analyze, and act on data from edge to cloud. It offers servers, hybrid cloud and storage software, networking and security products, and financing and IT lifecycle services. Its customers include small and medium-sized businesses, large global enterprises, and governmental entities.
Where do you see this going?
no votes yetVoting closed at 4:00 PM ET.
What we found
15 events · 0 from SEC or newswire · 0 timed with the movepeer_disclosureOracle said on its earnings call it will continue heavy AI infrastructure investment, lifting shares of AI-infrastructure beneficiaries including HPE, which had signed a gigawatt-scale networking deal with Oracle.
guidance_changeHPE CFO Marie Myers said at the Citi technology conference that HPE raised its FY27 framework to 13%-17% revenue growth and 16%-20% EPS growth, citing demand exceeding supply in networking, cloud and AI and more than $30 billion in multiyear purchase commitments.
analyst_ratingEvercore ISI downgraded Hewlett Packard Enterprise to In Line from Outperform with a $65 price target, citing valuation after a 158.5% year-to-date gain.
earnings_releaseHPE reported record Q3 FY2026 revenue of $12.2 billion, up 34% year over year, GAAP EPS of $1.06 versus $0.21 a year earlier, with Networking revenue up 74.9% to $2.9 billion and Cloud & AI revenue up 25.4% to $9 billion.
guidance_changeHPE raised its fiscal 2027 framework to 13%-17% revenue growth and $4.40-$4.60 non-GAAP EPS with networking growth of 14%-17%, lifted its FY26 AI-networking order target to $2.5-$3 billion from $1.5 billion, and guided to FY27 free cash flow of at least $5 billion.
executive_remarkHPE Chief Strategy Officer Shannon Cross said at the Goldman Sachs Communacopia + Technology Conference that disclosed purchase commitments rose from $6 billion to $30 billion, with networking commitments doubling sequentially, networking orders rose 36% while revenue rose 10%, traditional server orders rose 75%, and that HPE lifted its FY26 AI-networking order target to $2.5 billion-$3 billion from $1.5 billion.
investor_dayHPE said it will hold a Networking Investor Day in the Bay Area on Sept. 30, 2026, to provide detail on the combined networking business and strategy after the Juniper Networks integration.
analyst_ratingBank of America raised its HPE price target to $88 and Truist raised its target to $70, citing the record Q3 beat and higher AI and networking outlook, with Street targets cited up to $88.
major_contractHPE disclosed a $3.5 billion enterprise contract with a hyperscale cloud customer, announced after its fiscal Q3, for predominantly CPU-based traditional servers used for internal inference at traditional server margins.
analyst_ratingTruist Securities raised its HPE price target to $70 from $69 with a Buy rating, lifting estimates by roughly 10% to 15% on Cloud & AI strength and the company's raised guidance.
- Key event
earnings_releaseHPE reported record fiscal Q3 2026 revenue of $12.2 billion, up 34% year over year, with non-GAAP EPS of $1.11, a record 40% non-GAAP gross margin, non-GAAP operating profit of $2 billion, free cash flow of $958 million, 42% normalized order growth, and a record $7.6 billion AI backlog.
- Key event
major_contractHPE expanded its collaboration with Oracle, deploying Juniper QFX switches based on Broadcom's Tomahawk 6 and PTX routers with HPE Express 5 silicon across a gigawatt-scale Oracle AI cloud build-out, plus Oracle warrants and a multibillion-dollar hyperscaler AI inferencing server award, with Oracle CFO Hilary Maxson citing HPE Juniper Networking's role in Oracle Cloud Infrastructure AI clusters.
commodity_eventHPE's AI backlog reached $7.6 billion, roughly double a year ago, but shipments are constrained by DDR5, NAND and wafer capacity shortages as conventional DRAM capacity is reallocated to high-bandwidth memory for GPUs.
executive_remarkHPE CFO Marie Myers, at Citi's 2026 Global TMT Conference, said demand is outstripping supply at unprecedented levels, with supply commitments above $30 billion, no speculative ordering, and the Oracle deal a multi-year gigawatt-scale project with revenue recognition beginning in 2027.
- Key event
demand_signalOracle CFO Hilary Maxson confirmed Oracle will spend $90 billion to $95 billion on AI infrastructure in its FY27 and named Dell and HPE among suppliers of AI racks, cooling systems and networking equipment.