How HPE Stock Gained 22.3% in September
Shares of Hewlett Packard Enterprise (NYSE:HPE) rose 22.3% in September 2026, according to data from S&P Global Market Intelligence. It started with a blowout earnings report on Sept. 2. On the tail end, HPE recorded a $1.2 billion order for a new AI server rack. Both stories point to the same theme: HPE has become a serious supplier to the AI data center boom.
Image source: Getty Images.
HPE’s fiscal third-quarter revenue rose 34% year over year to $12.2 billion, topping the $11.93 billion consensus estimate. Earnings of $1.11 per share cleared the consensus by $0.19, and the company raised guidance for both fiscal 2026 and fiscal 2027. The fourth-quarter revenue forecast of $13.9 billion to $14.8 billion was comfortably ahead of the $13.0 billion analysts expected at the time.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.