StocksMedium•1 October 2026•
1 min read
HPE Stock Gains on Raised Growth Outlook and $1.2B Infrastructure Order
Key Facts
1Hewlett Packard Enterprise raised its FY27 Networking growth outlook.
2The company secured a $1.2 billion order from cloud infrastructure provider Vultr.
Hewlett Packard Enterprise raised its networking segment growth outlook for the 2027 fiscal year. Benzinga reported that the company also secured a $1.2 billion order from cloud infrastructure provider Vultr, signaling robust demand for AI-related networking infrastructure.
HPE closed at $63.89 on September 30, 2026, after reaching a day high of $67.1 and a low of $63.59 during the session. The upward momentum follows the company's strategic guidance update and the announcement of the substantial new contract with Vultr.