HPE and Broadcom prepare for upcoming quarterly earnings reports

Hewlett Packard Enterprise (HPE) is scheduled to release its third-quarter fiscal 2026 financial results on September 2. The company has forecasted revenue between $11.5 billion and $12.1 billion, with non-GAAP earnings per share projected at 88 to 93 cents. Analysts from J.P. Morgan suggest the company may upgrade its full-year outlook, citing strength in artificial intelligence, traditional server systems, and cloud routing technologies.

Broadcom Inc. is also preparing to report earnings on September 2. Despite recent share price declines, Mizuho analysts view the current valuation as a potential entry point, noting an asymmetric risk-reward profile. Market concerns have centered on Alphabet's development of proprietary chips, which some fear could impact Broadcom's business with hyperscale cloud providers, though analysts suggest this risk may already be priced into the stock.