Why Hewlett Packard Enterprise Stock Just Popped
Key takeaways
- Heading into last night s earnings report, analysts expected HPE to earn $0.53 per share on $9.8 billion in quarterly sales.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- Gross profit margins shot up more than eight full percentage points to 36.5%.
Rich Smith, The Motley Fool Tue, June 2, 2026 at 10:45 PM GMT+7 3 min read HPE NVDA DELL Following a powerful earnings report from Dell (NYSE: DELL) last week, rival Hewlett Packard Enterprise (NYSE: HPE) just released blowout numbers of its own, sending the computer stock up 24.3% through 10 a.m. ET.
Heading into last night s earnings report, analysts expected HPE to earn $0.53 per share on $9.8 billion in quarterly sales. Instead, HPE earned $0.79 per share on $10.7 billion in sales -- and raised guidance.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »