HPE rises after Dell's forecast boost

Dell Technologies

02/09/2026 10:13

** Shares of AI server maker Hewlett Packard Enterprise HPE.N rise 4.8% to $53.3 premarket
** Dell DELL.N raised annual revenue and profit forecasts on Tuesday, lifting optimism around AI infrastructure demand
** HPE quarterly results due after the bell on Wednesday
** DELL's forecast raise driven by strong AI server demand
** 16 of 24 brokerages rate the stock "buy" or higher, 8 "hold"; their median PT is $67
** As of last close, HPE stock has more than doubled YTD, on track for record yearly gains

 (Reporting by Darshan Kumar in Bangalore)
 ((darshan.kumar@thomsonreuters.com))