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HPE Stock Rises 12% as Networking Revenue Soars Post-Juniper

6/1/2026

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Summary

Story summary

Hewlett Packard Enterprise shares rose 12.64% to $43.04 on Friday ahead of its Q2 2026 earnings release.
Analysts expect Q2 earnings per share of $0.54, up from $0.38 a year earlier.
Q1 revenue reached $9.3 billion, an 18% year-over-year increase, with non-GAAP EPS of $0.65 and $708 million free cash flow.
Networking revenue jumped 152% after the Juniper acquisition, now contributing over 50% of operating profit.

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Story summary

Hewlett Packard Enterprise shares rose 12.64% to $43.04 on Friday ahead of its Q2 2026 earnings release.
Analysts expect Q2 earnings per share of $0.54, up from $0.38 a year earlier.
Q1 revenue reached $9.3 billion, an 18% year-over-year increase, with non-GAAP EPS of $0.65 and $708 million free cash flow.
Networking revenue jumped 152% after the Juniper acquisition, now contributing over 50% of operating profit.