HP Shares Are Picking Up Momentum— But Goldman Sachs Isn't Buying It - HP (NYSE:HPQ)

Hewlett Packard Enterprise shares surge 28% on strong AI demand

HPE reported Q2 FY2026 revenue $10.68B (+40% YoY), beating consensus by $900M; shares surged 28%. AI infrastructure demand doubled backlog and forced FY2026 guidance up to 29-33%, signaling enterprise capex decisively shifting toward AI compute.