HPE

Super Micro Computer stock surged Friday as earnings from artificial-intelligence server peer Dell Technologies had investors excited about the growth ahead for hardware stocks. Super Micro stock jumped 10% to $45.48 on Friday following Dell’s report. Dell stock also soared, after the company said Thursday night that quarterly revenue for its AI-optimized servers rose 757% from the prior year.

Hewlett Packard Enterprise (NYSE:HPE), which develops intelligent solutions across servers, hybrid cloud, and networking, closed Friday at $43.09, up 12.76%. The stock moved higher after Dell’s strong AI server results spurred a sympathy rally in AI infrastructure names. Investors are watching HPE’s upcoming Q2 earnings on Monday and long-term AI-driven server demand. Trading volume reached 66.7 million shares, about 260% above its three-month average of 18.5 million shares. Hewlett Packard Enterprise IPO'd in 2015 and has grown 348% since going public. The S&P 500 added 0.23% to finish Friday at 7,581, while the Nasdaq Composite rose 0.22% to close at 26,976. Within communication equipment and related infrastructure, peers were also strong, with Dell Technologies closing at $420.91 (up 32.76%) and NetApp finishing at $174.29 (up 22.39%) on AI and cloud optimism. Hewlett Packard Enterprise (HPE) and Dell combine to form a quasi-duopoly in the enterprise data center and server hardware industry. So when Dell reported blowout Q1 earnings yesterday that rocketed past analysts’ expectations, it was also deemed great news for HPE. Dell grew revenue by 88% and EPS by 214%, and announced a $51 billion backlog for its AI server unit. Analysts view this booming AI demand as a “tide that will lift all boats,” rather than a sign that Dell is taking share from HPE, which has prompted the latter’s soaring share price alongside Dell’s 33% spike today. Analysts expect HPE’s revenue to rise 28% in Q2. Before you buy stock in Hewlett Packard Enterprise, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Hewlett Packard Enterprise wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $465,733!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,313,467!* Now, it’s worth noting Stock Advisor’s total average return is 985% — a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors...

Dell has been benefitting from strong AI demand for a while now. Dell’s share price soared nearly 33% on Friday following the company’s fiscal first-quarter results. Dell’s market capitalization now exceeds the combined value of competitors Hewlett Packard Enterprise, HP, Super Micro and Lenovo.

June S&P 500 E-Mini futures (ESM26) are trending up +0.18% this morning as investors became more confident that the U.S. and Iran are nearing a deal. The U.S. and Iran have reportedly reached a tentative deal to extend the ceasefire by 60 days, which would include the reciprocal reopening of the Strait of Hormuz during the first 30 days. It would mark the first phase of a multistage framework, which the U.S. hopes will result in Iran scaling back its nuclear program for decades. “We perhaps have the makings of a deal here,” Treasury Secretary Scott Bessent said on Thursday. A deal is reportedly awaiting approval from U.S. President Donald Trump. The price of WTI crude fell over -1% on Friday. ARM Stock Is Valued for Eternity, But Silicon Has an Expiration Date Ford Stock Is Moving Like Tesla Now. Its Results Can’t Justify the Premium. S&P 500 and Nasdaq 100 Post Record Highs on US-Iran Truce Reports Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! “If a deal is agreed upon, we should see another leg higher in risky assets and lower in rates. Positioning suggests that the rates market should see a greater reaction than equities,” said Mohit Kumar at Jefferies. Sentiment was also supported by some positive corporate news. Dell Technologies (DELL) popped over +37% in pre-market trading after the hardware maker posted upbeat Q1 results and raised its full-year revenue guidance amid surging demand for servers that power AI workloads. Also, Okta (OKTA) climbed more than +7% in pre-market trading after the company reported stronger-than-expected Q1 results and boosted its annual guidance. In yesterday’s trading session, Wall Street’s major indices closed higher, with the S&P 500 and Nasdaq 100 notching new record highs. Chip stocks climbed, with Arm Holdings (ARM) jumping more than +10% and Advanced Micro Devices (AMD) rising over +4%. Also, Snowflake (SNOW) popped over +36% after the data warehousing company reported strong Q1 results, raised its full-year product revenue guidance, and expanded its collaboration with Amazon Web Services. In addition, Agilent Technologies (A) surged more than +16% and was among the top percentage gainers on the S&P 500 after the company posted upbeat FQ2 results and raised its full-year guidance. On th...

The upcoming report from Hewlett Packard Enterprise (HPE) is expected to reveal quarterly earnings of $0.54 per share, indicating an increase of 42.1% compared to the year-ago period. Analysts forecast revenues of $9.82 billion, representing an increase of 28.7% year over year. Over the last 30 days, there has been an upward revision of 3.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective. That said, let's delve into the average estimates of some Hewlett Packard Enterprise metrics that Wall Street analysts commonly model and monitor. It is projected by analysts that the 'Revenue- Products' will reach $6.24 billion. The estimate indicates a change of +30.9% from the prior-year quarter. The consensus among analysts is that 'Revenue- Services' will reach $3.36 billion. The estimate indicates a year-over-year change of +25.9%. Based on the collective assessment of analysts, 'Revenue- Financing income' should arrive at $216.19 million. The estimate indicates a year-over-year change of +15%. The collective assessment of analysts points to an estimated 'Revenue- Americas' of $4.52 billion. The estimate suggests a change of +36.9% year over year. Analysts' assessment points toward 'Revenue- Asia Pacific and Japan' reaching $2.01 billion. The estimate indicates a change of +26.9% from the prior-year quarter. The combined assessment of analysts suggests that 'Revenue- Europe, Middle East and Africa' will likely reach $3.19 billion. The estimate indicates a change of +16.6% from the prior-year quarter. View all Key Company Metrics for Hewlett Packard Enterprise here>>> Shares of Hewlett Packard Enterprise ha...

Hewlett Packard Enterprise HPE is scheduled to report second-quarter fiscal 2026 results after market close on June 1, 2026. HPE anticipates revenues of $9.6 billion to $10 billion for second-quarter fiscal 2026. The Zacks Consensus is pegged at $9.82 billion, suggesting growth of approximately 28.7% from the year-ago quarter’s reported figure. For the fiscal second quarter, the company expects non-GAAP earnings of 51 cents to 55 cents. The Zacks Consensus Estimate for HPE’s fiscal second-quarter earnings is pegged at 54 cents per share, reflecting a 42.11% increase year over year. The consensus mark for earnings has remained unchanged over the past 60 days. In the trailing four quarters, Marvell’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters, while missing the same on one occasion, with an average surprise of 7.34%. Hewlett Packard Enterprise Company price-eps-surprise | Hewlett Packard Enterprise Company Quote Hewlett Packard Enterprise’s networking and AI-focused portfolio is gaining momentum, supported by strong demand trends, Juniper integration progress and disciplined execution. Rising customer orders across networking, servers and storage are likely to have reflected positively in the to-be-reported quarter. HPE’s Networking segment has emerged as a major growth engine following the Juniper Networks acquisition. Networking revenues surged 152% year over year in the first quarter of fiscal 2026, driven by robust demand for wireless, routing and data center switching solutions. HPE's networking revenues will continue to grow rapidly, supported by ongoing AI infrastructure deployments and enterprise modernization initiatives in the second quarter of fiscal 2026. HPE is also benefiting from rising investments in Networks for AI. HPE now expects cumulative Networks for AI orders to reach $1.7-$1.9 billion by fiscal 2026-end. Strong demand for Juniper QFX switches and PTX/MX routing products, combined with the demand for WiFi 7 access point volumes, increased more than 10 times year over year in the first quarter of fiscal 2026 and is likely to have remained in the to-be-reported quarter. Devices connected to Aruba Central and Mist cloud platforms are also tailwinds. Traction in Alletra MP storage, Greenlake and VM Essentials virtualization is likely to have stayed put due to network modernization in the to-be-repo...

Dell Technologies DELL is scheduled to report its first-quarter fiscal 2027 results on May 28, 2026.For the to-be-reported quarter, revenues are expected to be between $34.7 billion and $35.7 billion, with the mid-point of $35.2 billion suggesting 51% year-over-year growth. Non-GAAP earnings are expected to be $2.90 per share (+/- 10 cents) at the midpoint, indicating 87% growth year over year. The Zacks Consensus Estimate for fiscal first-quarter revenues is pegged at $35.46 billion, suggesting 51.7% growth from the figure reported in the year-ago quarter. The consensus mark for quarterly earnings is pegged at $3.04 per share, up 2.4% over the past 30 days and suggesting year-over-year growth of 96.1%.Dell Technologies’ earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing the same in the remaining quarter, with an earnings surprise of 1.22% on average. Image Source: Zacks Investment Research Let’s see how things have shaped up for DELL shares prior to this announcement. Dell Technologies Inc. price-eps-surprise | Dell Technologies Inc. Quote Dell Technologies’ fiscal first-quarter results are expected to benefit from the robust demand for AI-optimized servers, driven by ongoing digital transformation and heightened interest in generative AI applications. In the fourth quarter of fiscal 2026, DELL booked $34.1 billion in AI orders, which reflected accelerating demand as customers deploy AI at scale, a trend expected to have continued in the to-be-reported quarter.In the fiscal first quarter, Dell Technologies anticipates 53% growth at the midpoint for the combined Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). While ISG is expected to grow more than 100%, supported by $13 billion of AI server revenue, CSG is expected to be up roughly 2%. DELL is expected to have benefited from an expanding clientele that surpassed 4,000 with growth across neoclouds, sovereigns and enterprise customers, another trend expected to have continued in the fiscal first quarter.However, the company is facing a challenging macroeconomic environment, along with stiff competition in the PC market from companies like Apple AAPL, HP and Lenovo. Dell Technologies faces challenges from weaker demand for traditional servers and storage in North America, slower federal spending, and declining consumer PC revenue. Supply-chai...

Dell Technologies (DELL) stock surged 15% to $290.55 on beat-and-raise expectations ahead of May 28 earnings, with Bank of America projecting strong Q1 results and a raise to FY27 guidance. Hewlett Packard Enterprise (HPE) stock climbed 9% on similar AI capex tailwinds, with Q1 FY26 Networking revenue up 152% YoY to $2.71B. Super Micro Computer (SMCI) stock gained only 5% as it continues rebuilding trust after governance issues and customer share migration to Dell. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Dell Technologies wasn't one of them. Get them here FREE. Shares of Dell Technologies (NYSE:DELL) are up 15% in late morning trading on Friday, leading a broad rally across AI server names. Hewlett Packard Enterprise (NYSE:HPE) is climbing 9%, while Super Micro Computer (NASDAQ:SMCI) is trailing the group with a 5% gain. Dell shares opened from a Thursday close near $252.80 and pushed to $290.55 intraday. A 15% single-day move is unusual for a name with a ~$94 billion market cap and signals real positioning conviction, not just sympathy buying. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Dell Technologies wasn't one of them. Get them here FREE. The move comes one week before Dell reports fiscal Q1 2027 results. Dell is scheduled to report its fiscal Q1 FY27 earnings on May 28. Bank of America published a preview earlier this week expecting a beat on both revenue and EPS, along with a raise to FY27 guidance. The prediction markets agree, with Polymarket pricing in a 94% probability that Dell beats its $2.95 non-GAAP EPS consensus. The setup builds on Dell's blowout Q4 FY26 print that delivered revenue of $33.38 billion, AI-optimized server revenue of $8.95 billion (up 342% year over year (YoY)), and a record $43 billion AI backlog entering FY27. Management has guided full-year FY27 revenue to $138 billion to $142 billion, with AI-optimized servers projected near $50 billion. Retail sentiment on Reddit had already turned very bullish heading into the week, suggesting the move validated existing positioning. HPE is participating in the rally on similar AI capex logic, but without a near-term earnings catalyst of its own. The ProLiant AI server lineup and Cray-branded HPC systems give the company genuine hyperscaler exposure, and the Juniper Networks acquisition added networking optionality that has alrea...

IT hardware stocks may not fully reflect growing macro and earnings risks despite strong recent gain

Super Micro Computer, (NASDAQ:SMCI) which develops and sells modular AI server and storage solutions closed Wednesday at $34.65, up 24.51%. The stock moved higher after fiscal Q3 results showed an earnings beat, improving margins, and strong AI data center demand. Investors are watching management’s above-consensus revenue outlook and AI infrastructure growth narrative next. Trading volume reached 125.4 million shares, coming in about 228% higher than its three-month average of 38.2 million shares. Super Micro Computer IPO'd in 2007 and has grown 3,855% since going public. The S&P 500 (SNPINDEX:^GSPC) gained 1.46% to finish Wednesday at 7,365, its first close above 7,300. The Nasdaq Composite (NASDAQINDEX:^IXIC) advanced 2.02% to close at 25,839. Within computer hardware, industry peers Dell Technologies (NYSE:DELL) closed at $238.81 (+10.40%) and Hewlett Packard Enterprise (NYSE:HPE) finished at $30.37 (+1.10%) as investors reassessed AI server demand. Super Micro’s earnings report was a relief for investors, and the stock reaction proved it. Shares are still 70% off 2024 highs after investors fled due to several past issues. Investors are trying to get beyond past internal control problems and an ongoing investigation into whether its co-founder was separately involved with illegal server shipments to China. The fiscal Q3 earnings report showed robust AI data center demand, though, along with a welcome recovery in gross margins. Forward guidance also impressed investors, strengthening the growth strategy centered on AI. Super Micro shares could yet be attractive, though investors would need to be comfortable moving beyond past issues. Before you buy stock in Super Micro Computer, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Super Micro Computer wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $473,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,204,650!* Now, it’s worth noting Stock Advisor’s total average return is 950% — a market-crushing outperformance compared to 203% for the S&P 500. Don't mis...

Qualcomm Incorporated QCOM reported relatively modest second-quarter fiscal 2026 results, with adjusted earnings exceeding the Zacks Consensus Estimate, driven by healthy demand trends in IoT and automotive businesses. Revenues decreased year over year and missed the consensus mark by 0.2%, despite the strength of the business model, diversification initiatives and the ability to respond proactively to the evolving market scenario. Qualcomm is witnessing healthy traction in EDGE networking, which helps transform connectivity in cars, business enterprises, homes, smart factories, next-generation wearables and tablets. The company intends to harness artificial intelligence (AI) to meet increased demands for essential products and services that are the building blocks of digital transformation in a cloud economy. The automotive telematics and connectivity platforms, digital cockpit and C-V2X solutions are fueling emerging automotive industry trends such as the growth of connected vehicles, the transformation of the in-car experience and vehicle electrification. Automotive revenues rose 38% year over year in the fiscal second quarter to a record $1.33 billion, driven by increased content in new vehicle launches powered by its Snapdragon Digital Chassis platform. Automakers continued to deploy high-performance, low-power computing and connectivity chips to bring next-generation experience to consumers. Management noted that more than 1 million cars are operating ADAS and autonomy on Snapdragon Ride processors, while indicating that commercial shipments of its next-generation digital chassis platform are expected to begin by the end of the fiscal year. Despite significant automotive traction, handset revenues declined 13% year over year to $6.02 billion, as OEMs (particularly in China) remained cautious on builds amid memory supply and pricing dynamics and continued to draw down channel inventory. Management reiterated that QCT handset revenues from China-based customers are expected to bottom out in the third quarter and return to sequential growth in the following quarter as the inventory drawdown cycle eases. However, near-term visibility remains influenced by memory supply constraints and related pricing. Image Source: Zacks Investment Research To add to the woes, Qualcomm's margins have declined over the years due to high operating expenses and R&D (research...

Advanced Micro Devices (AMD) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.3 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.59%. A quarter ago, it was expected that this chipmaker would post earnings of $1.32 per share when it actually produced earnings of $1.53, delivering a surprise of +15.91%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Advanced Micro, which belongs to the Zacks Computer - Integrated Systems industry, posted revenues of $10.25 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.09%. This compares to year-ago revenues of $7.44 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Advanced Micro shares have added about 59.5% since the beginning of the year versus the S&P 500's gain of 5.2%. While Advanced Micro has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Advanced Micro was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks...