Hewlett Packard Enterprise shares soared 37 per cent after the supplier of data centre equipment boosted its 2026 revenue outlook amid booming demand for AI infrastructure.
The group said on Monday that it expected its sales to jump 29 per cent to 33 per cent in its 2026 financial year, up from the 17 per cent to 22 per cent range it predicted only in March. HPE said it was now on track to meet its long-term financial targets for 2028 two years ahead of schedule.
The upbeat outlook sent HPE’s shares rising to $64.64, a record high, in post-market trading on Monday. The stock had by the day’s close already climbed 96 per cent in 2026.
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