HPE

Noone is focused on $HPE (+0,27%) earnings this week.

In 1 month, $HPE spiked 125% from $20 → $45.

Earnings is exactly like $DELL (+0,96%) :

• Revenue expected to surge 28% YoY to $9.77B one of the biggest growth quarters in HPE's history

• Networking revenue already exploded 152% YoY in Q1 Juniper acquisition turned HPE into an AI networking powerhouse

• Data center networking revenue specifically up 382.6% the AI buildout has found its backbone

AI backlog crossed $5B and 64% of orders are enterprise/sovereign, NOT hyperscalers. That's durable, diversified demand

• HPE raised full-year EPS guidance to $2.30–$2.50 and lifted networking revenue growth target to 68–73%

• Networking operating margins hit 23.7% in Q1 if that holds tonight, this stock re-rates immediately

• Q3 is expected to be the biggest AI revenue quarter tonight's print is just the setup, not the peak

• HPE has beaten EPS estimates 88% of the time and revenue 75% of the time the base rate is on the bull's side

Olli@Olli68

4Mês

Your comparison is a bit too enthusiastic, as you have to clearly distinguish between the drivers: Dell is currently delivering a completely different caliber of real growth with the massive surge in AI servers compared to HPE. While HPE is primarily driven by the integration of its networking business, Dell is the core of AI infrastructure with significantly greater scaling potential. The pure sympathy rally in HPE should not distract from the fact that Dell is playing in an entirely different league of value creation in the current market phase.

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Escanor@Escanor

@Olli68 no 😅

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Jake Quinten@jaketradingcalls

@Olli68 Fair point, DELL is definitely leading in AI servers.

However, HPE’s networking surge (Juniper) + $5B+ backlog gives it strong AI tailwinds too. Not the same scale as DELL, but still very real growth. Both can run, just different speeds.