---
title: "Hewlett Packard Enterprise Stock Skyrockets After Q2 Earnings — Here's Why"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288328525.md"
description: "Hewlett Packard Enterprise (HPE) stock surged after reporting Q2 earnings that beat analyst expectations. HPE posted EPS of $0.79 versus the estimated $0.53, with revenue reaching $10.68 billion against a forecast of $9.79 billion. Networking revenue jumped 148.2% year-over-year to $2.7 billion, signaling strong positive momentum for the company."
datetime: "2026-06-01T20:32:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288328525.md)
  - [en](https://longbridge.com/en/news/288328525.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288328525.md)
---

# Hewlett Packard Enterprise Stock Skyrockets After Q2 Earnings — Here's Why

**Hewlett Packard Enterprise Co.** (NYSE:HPE) shares soared after the company posted its second-quarter results after Monday’s closing bell, beating analyst estimates on the top and bottom lines.

Here's a look at the details inside the report. 

-   **HPE stock is moving.** Watch the price action here.

## **HPE Q2 Details** 

Hewlett Packard Enterprise reported quarterly earnings of 79 cents per share, blowing past the Street estimate of 53 cents, according to Benzinga Pro data.

Quarterly revenue came in at $10.68 billion, topping the consensus estimate of $9.79 billion and up from $7.63 billion in the same period last year.     

HPE reported the following second-quarter segment results:

-   **Networking** revenue was $2.7 billion, up 148.2% from the prior-year period, with 21.6% operating profit margin, compared to 25% from the prior-year period.
-   **Cloud & AI** revenue was $7.7 billion, up 22.9% from the prior-year period, with 12.4% operating profit margin, compared to 6.6% from the prior-year period.
-   **Corporate Investments and Other** revenue was $281 million, up 3.3% from the prior-year period, with -3.2% of operating profit margin, compared to -2.6% from the prior-year period.

“HPE delivered an exceptional quarter with record-breaking revenue, higher-than-anticipated profitability, and increased free cash flow, reflecting strong execution and healthy demand across the business,” said **Antonio Neri**, CEO of HPE.

“Customers continue to invest in modernizing their infrastructure and scaling AI, and our performance shows the strength of our combined networking portfolio and the value we are delivering to our shareholders,” Neri added.

**Read Also: Snowflake's Historic Stock Boom Is Turning SaaS Panic Into A Short-Covering Problem**

## **Looking Ahead**

HPE expects fiscal 2026 revenue growth in a range of 29% to 33% and fiscal 2027 revenue growth of 8% to 12%.

**HPE Stock Price Activity:** According to data from Benzinga Pro, Hewlett Packard Enterprise stock climbed 32.72% to $62.38 in Monday's extended trading.  

_Photo: Shutterstock_

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