{ "story_id": "4ea91100a2051818611570c3b79279b4", "desk": "drm3", "revision": 1, "published_at": "2026-09-03T00:14:55.000Z", "content_hash": "b5ff40a20e7d8d1b7ab8917faccab2abe85ce81b66abe7789cad1d4ffefb6c38", "hash_basis": "sha256 over `headline\\ndek\\nprose`, plus `\\n` + the canonical citations JSON when any source is placed, plus `\\n#blog` for blogs", "basis": { "headline": "HPE Stock Surges 4.7% on Analyst Upgrades Ahead of Q3 Earnings", "dek": "Hewlett Packard Enterprise shares jumped 4.7% in pre-market trading following analyst upgrades and strong AI infrastructure demand.", "prose": "Hewlett Packard Enterprise stock surged 4.7% in pre-market trading, rising from a previous close of $50.87 to $53.28. [^1]\n\nHPE announced an expanded collaboration with Oracle to help scale Oracle's global AI infrastructure. [^2]\n\nThe LTO Program Technology Provider Companies (TPCs), including HPE, IBM, and Quantum Corp., reported a 57% year-over-year increase in tape capacity shipments for the first quarter of 2026. [^3]\n\nHewlett Packard Enterprise (HPE) reported third-quarter revenue of $12.2 billion, a 34% increase year-over-year. [^4]\n\nHewlett Packard Enterprise (HPE) stock slid 5.4% in after-hours trading on 2026-10-26 following the release of its fiscal Q3 2026 earnings report. [^5]\n\nConsensus estimates point to roughly 32% revenue growth for Hewlett Packard Enterprise's fiscal third-quarter 2026. [^6]\n\nHewlett Packard Enterprise is expected to more than double its earnings per share year over year for the fiscal third-quarter 2026. [^7]\n\nThe expanded collaboration involves deploying HPE Juniper Networking solutions across Oracle's AI data centers. [^8]\n\nThe partnership aims to accelerate the deployment of gigawatt-scale AI infrastructure. [^9]\n\nHugues Meyrath stated that tape is increasingly viewed as a strategic component of modern data infrastructure due to its predictable economics and resilient long-term data retention capabilities. [^10]\n\nHugues Meyrath, CEO of Quantum, stated that the industry is facing unprecedented data growth combined with increasing cost, energy, and cyber resilience pressures. [^11]\n\nHPE signed a $3.5 billion server deal with a cloud firm. 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