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

Hewlett Packard Enterprise (NYSE:HPE) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 2.300-2.500 for the period, compared to the consensus EPS estimate of 2.190. The company issued revenue guidance of $40.1 billion-$41.8 billion, compared to the consensus revenue estimate of $40.6 billion. Hewlett Packard Enterprise also updated its Q2 2026 guidance to 0.510-0.550 EPS.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock traded up $0.69 during mid-day trading on Monday, hitting $21.82. 32,766,820 shares of the stock were exchanged, compared to its average volume of 17,138,963. Hewlett Packard Enterprise has a 12 month low of $11.97 and a 12 month high of $26.44. The company has a 50-day simple moving average of $22.16 and a 200 day simple moving average of $23.09. The company has a market capitalization of $28.99 billion, a P/E ratio of -363.61, a P/E/G ratio of 0.58 and a beta of 1.31. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. The company had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.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 anticipate that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Insider Transactions at Hewlett Packard Enterprise

In other news, SVP Kirt P. Karros sold 36,460 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the sale, the senior vice president owned 18,785 shares of the company’s stock, valued at $462,298.85. The trade was a 66.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Maeve C. Culloty sold 35,958 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total transaction of $886,724.28. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 471,861 shares of company stock valued at $11,605,705. 0.44% of the stock is currently owned by insiders.

Hewlett Packard Enterprise News Roundup

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.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HPE. Compound Planning Inc. increased its holdings in shares of Hewlett Packard Enterprise by 4.0% in the 4th quarter. Compound Planning Inc. now owns 18,505 shares of the technology company’s stock worth $444,000 after buying an additional 705 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Hewlett Packard Enterprise by 2.2% during the 4th quarter. Corient Private Wealth LLC now owns 400,997 shares of the technology company’s stock valued at $9,257,000 after purchasing an additional 8,783 shares during the last quarter. Virtue Capital Management LLC lifted its stake in Hewlett Packard Enterprise by 258.0% in the fourth quarter. Virtue Capital Management LLC now owns 10,528 shares of the technology company’s stock worth $254,000 after purchasing an additional 7,587 shares during the last quarter. Vident Advisory LLC grew its stake in shares of Hewlett Packard Enterprise by 1.3% during the fourth quarter. Vident Advisory LLC now owns 78,470 shares of the technology company’s stock valued at $1,885,000 after buying an additional 1,013 shares during the last quarter. Finally, First Citizens Bank & Trust Co. increased its holdings in shares of Hewlett Packard Enterprise by 15.6% in the fourth quarter. First Citizens Bank & Trust Co. now owns 12,920 shares of the technology company’s stock worth $310,000 after buying an additional 1,747 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.