Hewlett Packard (HPE): Why This Turnaround Tech Stock Is Up More Than 5% Today

Aditya Raghunath
Aditya Raghunath3 minute read
Reviewed by: Thomas Richmond
Last updated Jun 4, 2025
Hewlett Packard (HPE): Why This Turnaround Tech Stock Is Up More Than 5% Today

@sandoclr from Getty Images via Canva

Key Stats for HPE Stock

  • Today’s Price Change: 5%
  • Current Share Price: $18.60
  • 52-Week High: $24.66
  • HPE Stock Price Target: $20

What Happened?

Hewlett Packard Enterprise (HPE) stock is climbing today after the company delivered fiscal second-quarter results that topped analysts’ expectations and raised its full-year profit outlook.

The company reported revenue of $7.63 billion, up 6% year over year and exceeding the analyst consensus of $7.49 billion. Its adjusted earnings of $0.38 per share also surpassed estimates of $0.33 per share.

Looking ahead, HPE raised the low end of its full-year forecast for adjusted earnings per share to $1.78 from $1.70, while keeping the high end at $1.90.

The company also provided strong third-quarter guidance, forecasting revenue of $8.2 billion to $8.5 billion, which beat analyst expectations.

HPE’s Fiscal Q2 Results (TIKR)

A key driver of the improved outlook was reduced tariff exposure. HPE now anticipates only a $0.04 hit to adjusted per-share earnings from tariffs for the year, down from a prior estimate of $0.07, as USMCA exemptions have covered most of its products.

See HPE’s full analyst estimates, earnings results, and earnings transcript (It’s free) >>>

What the Market Is Telling Us

The strong earnings beat and raised guidance suggest that HPE’s operational improvements are gaining traction.

CEO Antonio Neri emphasized that the company has successfully addressed execution challenges in its server segment from the previous quarter, implementing new pricing analytics and tighter discount controls.

With AI systems revenue exceeding $1 billion in the quarter and a growing backlog of $3.2 billion, HPE stock appears well-positioned to capitalize on the ongoing AI infrastructure buildout.

HPE’s diversified business model, spanning servers, hybrid cloud, and intelligent edge solutions, provides multiple growth drivers even as macroeconomic uncertainty persists.

Despite today’s gains, HPE stock is down over 10% in 2025, suggesting the market had been pricing in considerable execution risks that may now be diminishing.

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Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!

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