Hewlett Packard Enterprise Raises 2027 Outlook as AI Networking Demand Surges

Hewlett Packard Enterprise announced elevated guidance for fiscal 2027 during remarks at the Goldman Sachs Communacopia + Technology Conference, projecting revenue growth of 13% to 17% and earnings per share growth of 16% to 20%. The company also raised its free-cash-flow target to at least $5 billion for fiscal 2027, up from an earlier target of at least $3.75 billion for fiscal 2026. Chief Strategy Officer Shannon Cross attributed the optimistic outlook primarily to robust demand for artifici