JPMorgan Bullish On Hewlett Packard Enterprise's Future, Cites 'Durable' Non-AI Segments, Capital Returns
1. HPE's Q2 revenue was $7.63 billion, missing estimates of $8.17 billion. 2. Guidance for Q3 revenue and EPS is below analyst expectations. 3. AI server revenue exceeded expectations, maintaining a strong outlook. 4. Management raised 2025 adjusted EPS outlook to $1.78-$1.90. 5. Investor enthusiasm may rise due to potential capital returns.