Tech Stocks Hit All-Time High Ahead of Earnings – Schaeffer’s Investment Research

Tech Stocks Hit All-Time High Ahead of Earnings – Schaeffer’s Investment Research

By Laura McCandless
Publication Date: 2026-05-28 15:31:00

Hewlett Packard Enterprise Co (NYSE:HPE) is scheduled to report fiscal second-quarter earnings after the close on Monday, June 1. According to Zacks Research, analysts expect earnings of 54 cents per share on revenue of $9.82 billion, representing year-over-year growth of 42.1% and 28.7%, respectively.

Options pools are pricing in a post-earnings swing of 12.9%, more than double the stock’s historical earnings move of 5.8% over the past eight quarters. HPE has closed higher in five of its last eight post-earnings sessions, although shares fell 3.3% following its March report.

On the charts, HPE has been rising since late February, recently hitting an all-time high of $38.58 on May 26. The stock is currently holding steady for the week, but if it makes a weekly gain, it will be done for the rest. 12th consecutive week. So far this year, equity has increased by 55.9%.

Short interest fell 67.8% over the last two reporting periods, although the 67.75 million shares sold short still represent…