+3.90% to $63.89 from $61.49
What moved HPE
- HPE secured a $1.2 billion order from cloud provider Vultr for AI servers using AMD components and HPE’s liquid-cooling technology across Vultr’s U.S. data centers.
- The company raised its fiscal 2027 outlook, guiding to 13%-17% revenue growth and 16%-20% EPS growth.
- HPE lifted its fiscal 2026 AI-networking order target to $2.5 billion-$3 billion from $1.5 billion after networking orders rose 36%.
- Bank of America and Truist raised price targets and reiterated Buy ratings following the results.
- Shares rose about 4%-5% in trading on the news.
Sources: GuruFocus · Yahoo Finance · Benzinga · 24/7 Wall St.
+12.44% to $62.09 from $55.22
What moved HPE
- HPE posted one of its biggest single-session gains this year, with shares up sharply in Friday trading.
- The move followed Oracle CFO Hilary Maxson confirming full-year capital expenditure of $90 billion to $95 billion, spending that flows directly to AI rack, cooling and networking vendors including HPE.
- The rally added roughly $7 billion of market value to HPE in a single session.
- Analysts noted HPE stands to benefit as Oracle deploys HPE’s platforms across its data centers, supported by Oracle’s large and growing AI contract backlog.
Sources: 24/7 Wall St. · ad-hoc-news.de
+1.89% to $51.83 from $50.87
What moved HPE
- Fiscal third-quarter revenue was $12.213 billion versus $11.892 billion expected, with adjusted EPS of $1.11 topping the $0.93 estimate.
- The company raised its outlook and committed to returning 75% of free cash flow to shareholders in the fourth quarter.
- Shares climbed in pre-market trading after Deutsche Bank initiated coverage with a Buy rating and $62 target, and Bank of America raised its price target to $82 from $80, citing HPE’s AI infrastructure position.
Sources: Yahoo Finance · TS2.tech