Hewlett Packard Enterprise (NYSE:HPE) Releases 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.

Analysts Set New Price Targets

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

Hewlett Packard Enterprise Stock Up 3.3%

NYSE HPE traded up $0.69 during mid-day trading on Monday, reaching $21.82. The stock had a trading volume of 32,766,820 shares, compared to its average volume of 17,138,963. The stock has a market cap of $28.99 billion, a PE ratio of -363.61, a price-to-earnings-growth ratio of 0.58 and a beta of 1.31. Hewlett Packard Enterprise has a 1 year low of $11.97 and a 1 year high of $26.44. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76. The company has a fifty day moving average price of $22.16 and a 200 day moving average price of $23.09.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate 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 the consensus estimate 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. On average, research analysts expect that Hewlett Packard Enterprise will post 1.85 earnings per share for the current year.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of the business’s stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $24.49, for a total value of $647,931.93. Following the completion of the transaction, the chief executive officer owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. The trade was a 1.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeremy Cox sold 13,463 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.68, for a total transaction of $332,266.84. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 471,861 shares of company stock worth $11,605,705 in the last three months. 0.44% of the stock is currently owned by company insiders.

Key Headlines 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.

Institutional Investors Weigh In On Hewlett Packard Enterprise

A number of large investors have recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at $26,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth $40,000. DV Equities LLC bought a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth $45,000. Quarry LP purchased a new stake in Hewlett Packard Enterprise during the third quarter valued at $45,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after acquiring an additional 1,377 shares during the period. Institutional investors 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.