Hewlett Packard Enterprise (HPE) received a significant boost after Argus Research raised its price target to $30 from $25 and maintained a Buy rating, reinforcing the positive momentum following the company's strong fiscal Q4 results.
- The company reported record quarterly revenue and gross profit during its December 4, 2025 fiscal Q4 earnings, driven by the Juniper Networks acquisition and expanding AI and cloud businesses.
- HPE also raised its FY26 guidance, leading to the stock jumping 11.3% immediately following the announcement.
- Shares are trading modestly lower pre-market at $24.59 (-0.73%), consolidating slightly after the recent rally.