Why Hewlett Packard Enterprise (HPE) Stock Is Up Today

Shares of enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) jumped 7.8% in the afternoon session after momentum from its networking investor day carried into the session, amplified by Wall Street price-target increases and a cooler-than-expected U.S. jobs report that sparked a broad rally in equities. At its networking investor day earlier in the week, HPE raised its fiscal 2027 networking revenue growth forecast to between high-teens and low-20s percent, up from the 14% to 17%