Top Wall Street Forecasters Rate Hewlett Packard a Buy Ahead of Second Quarter Earnings – Hewlett Packard (NYSE:HPE)

Top Wall Street Forecasters Rate Hewlett Packard a Buy Ahead of Second Quarter Earnings – Hewlett Packard (NYSE:HPE)

By Avi Kapoor
Publication Date: 2026-06-01 08:26:00

Hewlett Packard Enterprise Co. (NYSE:HPE) will release its second quarter results after the market closes on Monday, June 1.

Analysts expect the Spring, Texas-based company to report quarterly earnings of $0.54 per share, up 42.11% year-over-year. The consensus estimate for Hewlett Packard’s quarterly revenue is $9.82 billion, representing growth of about 28.7% from the prior-year quarter.

Hewlett Packard announced the HPE ProLiant Compute DL394 Gen12 is a 2U rack server powered by the NVIDIA Vera CPU, designed specifically for agent AI, reinforcement learning, and complex data processing.

Hewlett Packard shares rose 12.64% to close at $43.04 on Friday.