# HPE's networking revenue doubled overnight — buy the rivals that haven't moved yet

_AI-generated trading idea · LONG · ANET, CIEN, JNPR_

> Canonical page: https://commonquant.ai/research/for-you/hpe-s-networking-revenue-doubled-overnight-buy-the-rivals-th--3049478e-a0d8-45b4-ba8a-b7151657fc80

Hewlett Packard Enterprise just reported its biggest earnings surprise since 2018, driven by a massive 148% jump in networking revenue. The stock surged 30% in a single day.

## Idea

HPE's networking revenue didn't just grow — it more than doubled, signaling that businesses are spending aggressively on the networking gear needed to connect AI data centers. But HPE's 30% pop has already priced in a lot of that good news. The smarter opportunity may be in rivals like Arista Networks and Ciena, which sell similar high-speed networking equipment but haven't moved yet. When one company in a sector blows out earnings, its competitors often rally in the days that follow as investors re-price the whole group.

## Key details

- Symbols: ANET, CIEN, JNPR
- Timeframes: daily
- Tags: \#earnings, \#networking, \#AI\_infrastructure

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## News sources

- [HPE skyrockets 30% on biggest earnings beat since 2018](https://www.cnbc.com/2026/06/01/hpe-stock-earnings-q2.html) — CNBC
- [HPE's stock soars toward record gain as earnings show a networking bonanza](https://www.marketwatch.com/story/hpes-stock-soars-toward-record-gain-as-earnings-show-a-networking-bonanza-2bde2d3a?mod=mw_rss_topstories) — MarketWatch

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