HPE weekly recap: Q2 beat, 2027 growth target, $5B FCF goal

Hewlett Packard Enterprise beat Q2 estimates with $1.11 EPS on $12.2B revenue and raised its fiscal 2027 revenue growth target to 13–17%. The company set a $5B+ long-term FCF goal and commentary cited AI demand alongside an expanded Oracle deal. Evercore said the shares are fairly valued with limited near-term upside.