Hewlett Packard Enterprise Set to Report Q1 Results as Stock Surges 55%

Hewlett Packard Enterprise (NYSE:HPE) will report fiscal first-quarter results after the market closes on Monday, June 1, 2026, amid a sharp rally that has lifted shares 55.1% over the past month. Analysts expect revenue to climb 28.3% year-on-year, a significant acceleration from the 5.9% growth recorded a year earlier. The company enters the report at $44.33 per share, well above the average analyst price target of $29.92. In the prior quarter, HPE posted revenue of $9.30 billion—up 18.4% annually but missing Wall Street estimates—while beating earnings-per-share forecasts. The company has missed revenue expectations multiple times over the past two years. Sentiment across the hardware and infrastructure sector remains positive, with peer stocks up 7.6% on average. Dell Technologies reported an 87.5% revenue surge in its latest quarter, topping estimates by 21.5% and lifting shares 32%. Everpure’s revenue rose 35.2%, exceeding expectations by 5%, though its stock fell 16.1%.