Hewlett-Packard Enterprise (HPE) delivered a blowout Q2, with shares soaring 26% after strong Data Center and AI-optimized server sales. HPE raised FY 2026 guidance, now projecting 29–33% top line growth and at least $3.5B free cash flow, a 75% FCF upgrade. AI orders surged to $2.1B in Q2'26, reflecting secular enterprise demand for AI infrastructure and driving significant revenue acceleration across Cloud & AI and Networking segments.
Hewlett-Packard Enterprise: An AI Server Growth Play
Source: Seeking Alpha