# Hewlett Packard Enterprise Surges 40% in Month

> Hewlett Packard Enterprise shares jumped 40% in a month after two announcements boosted its networking business value.
- Title: Hewlett Packard Enterprise Surges 40% in Month · 24/7 Wall St.
- Summary: Hewlett Packard Enterprise shares jumped 40% in a month after two announcements boosted its networking business value. Hewlett Packard Enterprise stock rose…
- Keywords: hewlett packard enterprise, hpe, networking business, ai infrastructure, vultr, juniper, super micro computer, dell technologies, stock price, share price, networking revenue, fiscal year
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/07/hewlett-packard-enterprise-just-surged-40-in-a-month-take-profits-or-buy-more
- Author: David Moadel
- Published: 2026-10-07T18:57:45+00:00
- Read time: 1 min
- Topics: hewlett packard enterprise, hpe, networking business, ai infrastructure, vultr, juniper, super micro computer, dell technologies, stock price, share price, networking revenue, fiscal year
## HPE Shares Surge 40% in Month
Hewlett Packard Enterprise shares rose 40% in a single month after two announcements reshaped market expectations for its networking business.
## Two Key Announcements
Hewlett Packard Enterprise secured a $1.2 billion Helios AI rack system order with cloud provider Vultr and raised its networking revenue growth outlook for the coming fiscal year.
## Networking Business Focus
Hewlett Packard Enterprise now sells networking as its growth driver, using Juniper technology for Ethernet switches and liquid cooling services.
## Competitor Comparison
Super Micro Computer stock rose 13% while Dell Technologies stock rose 11% over the same period, trailing Hewlett Packard Enterprise by a wide margin.
## Sector Performance
The iShares U.S. Technology ETF rose 7% and the Invesco QQQ Trust rose 5% over the past month, lagging Hewlett Packard Enterprise's 40% gain.
## HPE's Networking Outlook
Hewlett Packard Enterprise projected data center networking revenue to compound at a low-to-high fifties percentage rate over the following years.
## Cost Savings Target
Hewlett Packard Enterprise expects $800 million in annual run-rate cost savings from the Juniper acquisition, supporting its networking strategy.
## Investor Watch Points
Investors should monitor for a second Helios platform customer and whether Hewlett Packard Enterprise's networking growth rate stays within the high-teens to low-twenties percentage range.
## Share Price Impact
Hewlett Packard Enterprise stock now trades at $72.70, up 40% over the past month, reflecting a company-specific re-rating in the technology sector.
## What Happens Next
Hewlett Packard Enterprise's stock may reverse if its networking growth rate slows or if the next Helios order fails to materialize.
## Key takeaway

Hewlett Packard Enterprise stock rose 40% in a month following two announcements that reshaped its networking business valuation.