HPE stock rises on 34 percent revenue growth
Published on 09/04/2026 at 23:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
HPE stock (ISIN US42824C1099) traded after a fiscal third-quarter report that showed USD 12.21 billion in revenue, up 34 percent year over year, while non-GAAP EPS reached USD 1.11. Shares last changed hands at USD 51.83, up 1.89 percent, with a market cap of USD 68.633 billion as of September 4, 2026.
Revenue and EPS beat
According to the Zacks report via MetaTrader, HPE posted quarterly adjusted EPS of USD 1.11 versus the USD 0.95 consensus and quarterly revenue of USD 12.21 billion versus USD 11.97 billion. Futurum Group said the same quarter carried a 16.2 percent non-GAAP operating margin, up from 8.5 percent a year earlier.
The comparison matters for investors because HPE paired the beat with higher guidance: FY 2026 revenue growth is now expected to be 34 percent to 37 percent, adjusted EPS is set at USD 3.75 to USD 3.85 and free cash flow at least USD 3.75 billion. Futurum also cited Q4 FY 2026 revenue guidance of USD 13.9 billion to USD 14.8 billion, above Wall Street consensus of USD 12.88 billion.
AI demand lifts outlook
Ground News and other market reports tied the update to AI and networking demand, with networking revenue cited at 75 percent growth and server sales at 35 percent. For HPE, that mix is the point: faster networking growth and a stronger margin profile now sit behind a larger revenue base.
The stock move on September 4, 2026 came alongside a day range of USD 49.80 to USD 52.47 and a 52-week range of USD 19.84 to USD 64.25. Yahoo Finance also showed volume of 53,104,493 shares, which gives the report a clear market backdrop.
HPE results and outlook in detail
The quarter combined a revenue beat, higher margins and a larger full-year outlook, with networking and AI demand driving the story.
Networking is the hinge
For Hewlett Packard Enterprise, the clearest business signal is the gap between overall revenue growth of 34 percent and the even faster networking trend. That points to a revenue mix in which higher-growth infrastructure products are doing more of the work.
HPE stock and the latest quote
HPE stock traded at USD 51.83 as of September 4, 2026, with a market cap of USD 68.633 billion, a 52-week range of USD 19.84 to USD 64.25 and volume of 53,104,493 shares. The share price sits well above the 52-week low and below the high, leaving the quarterly guidance update as the main near-term number to watch.
HPE market snapshot
- Company: Hewlett Packard Enterprise Company
- ISIN: US42824C1099
- Ticker: HPE
- Trading venue: NYSE
- Price (as of September 4, 2026): USD 51.83
- Market capitalization: USD 68.633 billion (as of September 4, 2026)
- Sector / Industry: Information Technology / Technology Hardware, Storage & Peripherals
- Index membership: S&P 500
