On September 2, Hewlett Packard Enterprise rose 4.88% in pre-market trading, trading at $53.5/share, with turnover of $707,900. The company is scheduled to report fiscal Q3 results after market close on the same day, and optimistic analyst forecasts for AI-driven growth are fueling pre-market momentum.

BofA Securities issued a preview note stating that Hewlett Packard Enterprise faces strong demand but is constrained by supply, projecting fiscal Q3 revenue of $12.3 billion and earnings per share of $0.95, both above Street consensus estimates of $12.0 billion and $0.93, respectively. The standout highlight is AI systems revenue, which is expected to surge to $2 billion from $900 million in the prior quarter, marking a more than twofold increase. BofA also anticipates the company will raise the low end of its fiscal 2026 revenue growth guidance range and increase EPS guidance by approximately $0.05. The pre-market rebound follows a 3%-plus decline in the prior session alongside broader hardware sector weakness, suggesting the market is now pricing in accelerating AI demand verification ahead of the earnings release.

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