# HPE just doubled its networking business — rival networking stocks may be next in line

_AI-generated trading idea · LONG · ANET, JNPR_

> Canonical page: https://commonquant.ai/research/for-you/hpe-just-doubled-its-networking-business-rival-networking-st--4d212863-a364-4f21-a1d7-4fce01092c9e

Hewlett Packard Enterprise just posted its best earnings surprise in years, sending the stock up 30%. The standout number: networking revenue more than doubled, growing 148% from a year ago.

## Idea

HPE's networking division just grew revenue by 148%, which signals massive enterprise demand for networking gear — likely driven by AI data centers needing to move huge amounts of data fast. But while HPE stock has already surged 30%, rival networking companies like Arista Networks and Juniper may not have fully priced in this industry-wide tailwind. When one company in a sector posts blowout numbers, its competitors often catch a bid days or weeks later as investors re-rate the whole group. The thesis is simple: HPE proved networking demand is booming, so the suppliers that specialize in networking should benefit too.

## Key details

- Symbols: ANET, JNPR
- Timeframes: 1D
- Tags: \#earnings, \#momentum, \#networking, \#tech

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## News sources

- [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
- [HPE skyrockets 30% on biggest earnings beat since 2018](https://www.cnbc.com/2026/06/01/hpe-stock-earnings-q2.html) — CNBC

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