Hewlett Packard Enterprise (NYSE:HPE) Updates Q4 2026 Earnings Guidance

Hewlett Packard Enterprise (NYSE:HPE) issued an update on its fourth quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.200-1.300 for the period, compared to the consensus EPS estimate of 1.040. The company issued revenue guidance of $13.9 billion-$14.8 billion, compared to the consensus revenue estimate of $13.0 billion.

Hewlett Packard Enterprise Stock Performance

Shares of HPE traded up $0.98 during midday trading on Wednesday, reaching $51.85. The stock had a trading volume of 54,729,500 shares, compared to its average volume of 20,658,324. The firm has a 50 day simple moving average of $49.57 and a 200-day simple moving average of $37.25. Hewlett Packard Enterprise has a one year low of $19.84 and a one year high of $64.25. The firm has a market cap of $68.66 billion, a PE ratio of 48.46, a P/E/G ratio of 0.56 and a beta of 1.43. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company had revenue of $12.21 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts anticipate that Hewlett Packard Enterprise will post 2.92 EPS for the current year.

Wall Street Analysts Forecast Growth

HPE has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price objective on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Bank of America raised their price target on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a report on Monday. Loop Capital upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and upped their price objective for the company from $23.00 to $75.00 in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday. They issued a “buy” rating and a $62.00 price objective on the stock. Finally, Argus raised their target price on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Twelve investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.44.

Insiders Place Their Bets

In other news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by insiders.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: HPE reported fiscal third-quarter adjusted EPS of $1.11, exceeding analysts’ $0.93 consensus, while revenue of $12.21 billion topped expectations of $11.97 billion. Management cited record revenue, orders, and profitability. HPE Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: The company raised its outlook, forecasting fourth-quarter EPS of $1.20–$1.30 versus the $1.04 consensus and revenue of $13.9–$14.8 billion versus expectations of $13.0 billion. HPE also lifted its annual forecasts. HPE raises annual forecasts as AI, networking demand lifts quarterly revenue
• Positive Sentiment: Strong AI-related demand for servers and networking equipment drove growth across HPE’s business segments and contributed to a more-than-fivefold increase in quarterly profit. Management raised long-term growth targets, reinforcing the view that AI could be a multiyear growth driver. HPE Boosts Outlook as AI Demand Drives Surge in Third-Quarter Profit
• Positive Sentiment: HPE expanded its collaboration with Oracle to deploy Juniper Networking routing and switching platforms across Oracle’s AI data centers, potentially strengthening its position in large-scale AI infrastructure. HPE and Oracle Deepen Networking Collaboration
• Positive Sentiment: Favorable results from Dell, including a record AI order backlog, improved sentiment across enterprise hardware stocks and provided a positive read-through for HPE ahead of its report. Dell Surges on Record AI Backlog
• Neutral Sentiment: Deutsche Bank initiated coverage with a Buy rating and a $62 price target, adding analyst support, although HPE’s valuation and the sustainability of AI-related demand remain important considerations for investors.

Institutional Trading of Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently bought and sold shares of the business. First Financial Bankshares Inc increased its stake in shares of Hewlett Packard Enterprise by 4.7% in the 4th quarter. First Financial Bankshares Inc now owns 11,082 shares of the technology company’s stock valued at $266,000 after purchasing an additional 502 shares during the last quarter. TIAA Trust National Association lifted its position in shares of Hewlett Packard Enterprise by 3.5% during the 4th quarter. TIAA Trust National Association now owns 15,171 shares of the technology company’s stock worth $364,000 after buying an additional 511 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Hewlett Packard Enterprise by 1.1% during the 4th quarter. Integrated Wealth Concepts LLC now owns 53,607 shares of the technology company’s stock worth $1,288,000 after buying an additional 582 shares during the last quarter. Ingalls & Snyder LLC boosted its stake in Hewlett Packard Enterprise by 0.6% in the fourth quarter. Ingalls & Snyder LLC now owns 103,333 shares of the technology company’s stock valued at $2,482,000 after buying an additional 636 shares in the last quarter. Finally, Compound Planning Inc. boosted its stake in Hewlett Packard Enterprise by 4.0% in the fourth quarter. Compound Planning Inc. now owns 18,505 shares of the technology company’s stock valued at $444,000 after buying an additional 705 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

About Hewlett Packard Enterprise

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.