Wall Street expects Hewlett Packard Enterprise (HPE) to report consensus revenue of $8.32 billion and EPS of $0.82, with the stock currently trading at $35.42 against an average analyst target of $37.15.

Investors are primarily focused on the growth and backlog of AI-optimized server orders, which have become the central driver for the Server segment's performance. Recent momentum in liquid-cooled AI infrastructure and the integration of Juniper Networks are key developments supporting the company's hybrid cloud transition.

Strength in the Server division is expected to offset continued softness in the Intelligent Edge segment as campus networking demand remains in a digestion phase.