HPE lifts FY2027 networking revenue growth outlook to high teens-low 20s%
HPE•HPE raised its fiscal 2027 Networking segment revenue growth outlook to the high teens to low 20s%, with an operating margin target in the mid-to-high 20s%.
1. Updated outlook
HPE set a long-term Networking revenue growth framework of a high-teens compound annual growth rate from fiscal 2026 through fiscal 2029, with mid-to-high 20s% margins from fiscal 2027 through fiscal 2029.
2. Segment growth targets
Data center networking revenue is expected to grow at a low-to-high 50s% CAGR through fiscal 2029. Routing revenue is forecast to grow at a low-to-high 20s% CAGR, while campus and security are seen at high single-digit CAGRs.
