Hewlett Packard Enterprise (NYSE:HPE) Releases Q2 2026 Earnings Guidance

Hewlett Packard Enterprise (NYSE:HPE) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.510-0.550 for the period, compared to the consensus estimate of 0.490. The company issued revenue guidance of $9.6 billion-$10.0 billion, compared to the consensus revenue estimate of $9.6 billion. Hewlett Packard Enterprise also updated its FY 2026 guidance to 2.300-2.500 EPS.

Hewlett Packard Enterprise Price Performance

NYSE:HPE traded up $0.69 during trading hours on Monday, reaching $21.82. 33,185,125 shares of the company’s stock were exchanged, compared to its average volume of 17,316,406. Hewlett Packard Enterprise has a 12 month low of $11.97 and a 12 month high of $26.44. The business’s 50-day simple moving average is $22.16 and its two-hundred day simple moving average is $23.09. The company has a market capitalization of $28.99 billion, a P/E ratio of -363.61, a price-to-earnings-growth ratio of 0.58 and a beta of 1.31. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The business had revenue of $9.30 billion for the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Sell-side analysts expect that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on HPE. Citigroup cut their price objective on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Morgan Stanley cut their price target on shares of Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 18th. The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Argus raised their target price on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Hold” and an average target price of $25.29.

Insiders Place Their Bets

In related news, EVP Maeve C. Culloty sold 35,958 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total transaction of $886,724.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John F. Schultz sold 148,501 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $24.99, for a total value of $3,711,039.99. Following the sale, the executive vice president directly owned 248,091 shares of the company’s stock, valued at approximately $6,199,794.09. The trade was a 37.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 471,861 shares of company stock valued at $11,605,705 in the last three months. Company insiders own 0.44% of the company’s stock.

Key Stories Impacting Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE raised FY‑2026 guidance (EPS 2.30–2.50 vs. consensus ~2.19) and issued a revenue range ($40.1B–$41.8B) that sits above/around Street expectations — a clear catalyst for upside revision to earnings models and buy‑side sentiment. Read More.
• Positive Sentiment: Q2 FY‑2026 guidance topped EPS estimates (0.510–0.550 vs. ~0.49) and HPE forecast Q2 revenue at the high end of Street expectations ($9.6B–$10.0B), driven by demand for AI servers using NVIDIA chips — supports near‑term revenue visibility. Read More.
• Positive Sentiment: Operational strength in networking: management highlighted networking sales nearly tripled to ~$2.7B and strong data‑center networking growth, which is boosting margins and profitability. This validates progress from the Juniper integration and AI‑networking pushes. Read More.
• Neutral Sentiment: Q1 EPS beat ($0.65 vs. $0.60 est), but revenue was essentially flat to estimates ($9.30B vs. $9.31B) — good beat on profit metrics but topline a wash, so upside depends on follow‑through in bookings and FY guidance realization. Read More.
• Neutral Sentiment: Strategic progress: expanded AI‑native networking and deeper Juniper integration showcased at MWC — important for long‑term secular growth but will take time to convert fully into recurring revenue. Read More.
• Negative Sentiment: Profitability and valuation caveats remain: reported net margin is very thin (0.17%) and the P/E metric is negative on trailing basis — investors may remain cautious until margin expansion is sustained and guidance is met. Read More.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Hewlett Packard Enterprise during the 4th quarter worth $433,537,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Hewlett Packard Enterprise by 0.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,193,841 shares of the technology company’s stock worth $316,916,000 after purchasing an additional 49,508 shares during the period. Amundi lifted its position in shares of Hewlett Packard Enterprise by 63.1% during the 4th quarter. Amundi now owns 11,514,029 shares of the technology company’s stock worth $276,567,000 after purchasing an additional 4,454,568 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Hewlett Packard Enterprise by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,209,062 shares of the technology company’s stock valued at $245,222,000 after purchasing an additional 222,495 shares during the period. Finally, AQR Capital Management LLC increased its position in Hewlett Packard Enterprise by 32.5% in the 4th quarter. AQR Capital Management LLC now owns 5,902,556 shares of the technology company’s stock worth $141,779,000 after buying an additional 1,447,680 shares during the period. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.