Hewlett Packard Enterprise (NYSE:HPE) Issues FY 2026 Earnings Guidance

Hewlett Packard Enterprise (NYSE:HPE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.250-2.450 for the period, compared to the consensus EPS estimate of 2.210. The company issued revenue guidance of $40.1 billion-$41.8 billion, compared to the consensus revenue estimate of $40.8 billion. Hewlett Packard Enterprise also updated its Q1 2026 guidance to 0.570-0.610 EPS.

Hewlett Packard Enterprise Trading Up 2.9%

NYSE:HPE traded up $0.65 during midday trading on Thursday, hitting $22.91. The stock had a trading volume of 32,858,419 shares, compared to its average volume of 22,312,016. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.69. The stock has a 50-day moving average of $23.33 and a 200 day moving average of $21.57. The company has a market capitalization of $30.22 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 0.88 and a beta of 1.34. Hewlett Packard Enterprise has a one year low of $11.97 and a one year high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.01% and a net margin of 3.77%.Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, sell-side analysts forecast that Hewlett Packard Enterprise will post 1.85 EPS for the current year.

Analyst Upgrades and Downgrades

HPE has been the topic of several research reports. UBS Group lifted their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Sanford C. Bernstein assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, September 16th. They issued a “market perform” rating and a $24.00 price target on the stock. The Goldman Sachs Group upped their price objective on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Piper Sandler initiated coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price objective on the stock. Finally, Bank of America increased their price objective on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $25.24.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 166,666 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $25.03, for a total value of $4,171,649.98. Following the sale, the chief executive officer directly owned 1,585,726 shares of the company’s stock, valued at $39,690,721.78. This represents a 9.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary M. Reiner sold 40,000 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $24.58, for a total transaction of $983,200.00. Following the transaction, the director directly owned 83,869 shares of the company’s stock, valued at approximately $2,061,500.02. This trade represents a 32.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 210,404 shares of company stock worth $5,248,749. 0.36% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership increased its stake in Hewlett Packard Enterprise by 475.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,551,715 shares of the technology company’s stock worth $87,230,000 after buying an additional 2,933,972 shares in the last quarter. Nishkama Capital LLC purchased a new position in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $54,796,000. Canada Pension Plan Investment Board boosted its stake in shares of Hewlett Packard Enterprise by 4,610.0% in the second quarter. Canada Pension Plan Investment Board now owns 1,962,919 shares of the technology company’s stock worth $40,142,000 after acquiring an additional 1,921,243 shares during the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth approximately $41,330,000. Finally, Alliancebernstein L.P. raised its stake in Hewlett Packard Enterprise by 90.1% in the 3rd quarter. Alliancebernstein L.P. now owns 3,320,343 shares of the technology company’s stock valued at $81,548,000 after purchasing an additional 1,573,272 shares during the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.