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

Hewlett Packard Enterprise (NYSE:HPE) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 3.350-3.450 for the period, compared to the consensus earnings per share estimate of 2.330. The company issued revenue guidance of $44.2 billion-$45.6 billion, compared to the consensus revenue estimate of $40.8 billion. Hewlett Packard Enterprise also updated its Q3 2026 guidance to 0.880-0.930 EPS.

Hewlett Packard Enterprise Stock Up 19.3%

Shares of NYSE HPE opened at $56.05 on Wednesday. The company’s 50-day simple moving average is $29.23 and its 200-day simple moving average is $24.80. Hewlett Packard Enterprise has a 52-week low of $17.16 and a 52-week high of $64.25. The firm has a market cap of $74.37 billion, a price-to-earnings ratio of 52.39, a price-to-earnings-growth ratio of 1.20 and a beta of 1.42. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.25. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.99%. The business had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. During the same quarter last year, the business earned ($0.82) earnings per share. The company’s revenue for the quarter was up 40.0% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 3.350-3.450 EPS and its Q3 2026 guidance at 0.880-0.930 EPS. Equities analysts predict that Hewlett Packard Enterprise will post 1.97 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th will be given a dividend of $0.1425 per share. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. Hewlett Packard Enterprise’s payout ratio is presently -300.00%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on HPE shares. Barclays boosted their price target on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the stock an “overweight” rating in a research report on Tuesday. Bank of America boosted their price target on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday. Susquehanna boosted their price target on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday. Morgan Stanley boosted their price target on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Finally, Wall Street Zen lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $59.47.

Insiders Place Their Bets

In other news, CFO Marie Myers sold 93,583 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total value of $2,808,425.83. Following the sale, the chief financial officer directly owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. The trade was a 31.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The shares were sold at an average price of $27.97, for a total transaction of $475,517.97. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 702,402 shares of company stock worth $18,440,171. Insiders own 0.44% of the company’s stock.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE reported fiscal Q2 EPS of $0.79 versus $0.54 expected and revenue of $10.68 billion versus $9.78 billion expected, with revenue up 40% year over year. HPE Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: The company raised full-year FY2026 guidance to EPS of $3.35-$3.45 and revenue of $44.2 billion-$45.6 billion, well above consensus, and also lifted Q3 guidance, signaling momentum is continuing. HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
• Positive Sentiment: Management said strong AI compute demand is accelerating the business, with networking revenue up 148% and long-term financial targets pulled forward by two years. HPE Pulls Forward Long-Term Targets as Surging AI Compute Demand Boosts Revenue
• Positive Sentiment: Multiple analysts raised price targets after the report, reflecting higher confidence in HPE’s growth outlook and valuation re-rating after the earnings beat. Analyst price target updates
• Neutral Sentiment: HPE also announced a quarterly dividend of $0.1425 per share, which may attract income-focused investors but is not the main driver of the stock move. Dividend and earnings report

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several large investors have recently added to or reduced their stakes in the business. First Financial Bankshares Inc increased its stake in Hewlett Packard Enterprise by 4.7% during the 4th quarter. First Financial Bankshares Inc now owns 11,082 shares of the technology company’s stock worth $266,000 after buying an additional 502 shares during the period. TIAA Trust National Association increased its stake in 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 period. Integrated Wealth Concepts LLC increased its stake in 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 period. Ingalls & Snyder LLC increased its stake in Hewlett Packard Enterprise by 0.6% during the 4th quarter. Ingalls & Snyder LLC now owns 103,333 shares of the technology company’s stock worth $2,482,000 after buying an additional 636 shares during the period. Finally, Compound Planning Inc. increased its stake in Hewlett Packard Enterprise by 4.0% during 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 period. 80.78% of the stock is owned by hedge funds and other institutional investors.

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.