HPE

HPE has been in the news several times this week, and there's more to come. Okay, let's move on to talking about HPE. Those stocks are rising, gaining more than 4% now in early trading.

This comes based on an optimistic outlook, excuse me, from Daiwa. Daiwa raised its rating on HPE stock from "neutral" to "outperform". It also increased its price target from 65 to 75.

Now, we have HPE stock. HPE stock hit new record highs today with a price tail extension, hitting a high of $65.48, but as you can see, the stock pulled back to close near its previous record high in June 2026.

So, as you can see, we all witnessed a good consolidation , all on the descending trend line connecting the pivot points. HPE stock closed yesterday above the previous closing price , and closed today above the same price.

This indicates that this consolidation process , in addition to today's closing above the highest recorded price, suggests that HPE is poised to rise on the charts.

There is another chart that also puts pressure on a potential breakout level. Now, this stock is already at the top of the chart. It's HPE stock. Let's go back a little. This stock appears to have been dormant since 2016, then suddenly in April of this year, it rose sharply on the chart.

HPE is getting uh uh asked about here. >> I think HPE is X dividend today. Let me let me confirm that here. It is up 3.8%. This dipped right out of the open and immediately recaptured that went higher than the pre-market and yesterday's intraday high.

Let me check the dividends here for this. >> I I really think we're looking at a pretty good >> Yep. >> ascending triangle here. >> Stock was X dividend today. So, it paid out its dividend this morning.

That's already been bought up and gone positive. >> I just like this formation here of HPE on the daily chart. Um, you know, we

uh that whole group, not just Dell itself, if you look at HPE, if you look at AVT, everything that's supplying a lot of the components of the AI trade, which there's so much discussion of who the winning model will be, it seems like the components of of of that business are still very strong.

So there's definitely a lot of accumulation there

HPE emerges from a record quarter with another upward revision of expectations, but a big part of the story is the demand for artificial intelligence from enterprises and sovereign customers all the way to large-scale deployments like Oracle.

But the question now is how this demand will, of course, translate into more sustainable growth in revenues and margins in the future. I mean, congratulations on all this success this quarter, from record orders to record revenue and profitability.

And he raised expectations, of course, once again . So, from your position as a financial manager, what actually drives confidence that HPE can maintain this level of demand, and therefore growth, in the future?

Yes, it outperformed in revenue. Revenue growth rate reached $12.2 billion. That was higher than expectations, which were around $12 billion. It's only a slight advantage. The adjusted earnings per share amounted to $1.11.

That was also higher than expected. If you look at some of the internal details of this matter. The networking aspect of their business achieved a 75% year-on-year growth, to approximately $2.9 billion .

Cloud and artificial intelligence revenues reached $9 billion . That was an increase of more than 25% year-on-year. Server revenues specifically grew by more than 35% to reach approximately $6.8 billion.

Total adjusted orders jumped 42% year-on-year, continuing to outpace revenue growth.

Good day and welcome to the 2026 Hewlett Packard Enterprise Q3 Earnings Conference.

I'm Shannon Cross, Chief Strategy Officer at HPE. Welcome to the third quarter earnings conference call for fiscal year 2026 with Antonio Neri, President and CEO of HPE, and Mary Myers, Chief Financial Officer of the company.