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

Hewlett Packard Enterprise (NYSE:HPE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.250-2.450 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

Several brokerages have commented on HPE. Wells Fargo & Company raised their price objective on Hewlett Packard Enterprise from $22.00 to $26.00 and gave the company an “equal weight” rating in a report on Thursday, September 4th. Zacks Research lowered Hewlett Packard Enterprise from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. Barclays boosted their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Citigroup increased their price objective on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, October 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.24.

Hewlett Packard Enterprise Price Performance

Shares of Hewlett Packard Enterprise stock traded up $0.65 during trading hours on Thursday, reaching $22.91. 32,969,806 shares of the company’s stock were exchanged, compared to its average volume of 22,314,570. The business has a fifty day moving average of $23.33 and a two-hundred day moving average of $21.57. The company has a market capitalization of $30.22 billion, a P/E ratio of 27.93, a price-to-earnings-growth ratio of 0.88 and a beta of 1.34. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.69. Hewlett Packard Enterprise has a 1 year low of $11.97 and a 1 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 for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. 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, research analysts predict that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.

Insider Activity

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 166,666 shares of the company’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $25.03, for a total value of $4,171,649.98. Following the completion of the sale, the chief executive officer directly owned 1,585,726 shares in the company, valued at $39,690,721.78. This represents a 9.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 value of $983,200.00. Following the completion of the sale, the director directly owned 83,869 shares of the company’s stock, valued at $2,061,500.02. This trade represents a 32.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 210,404 shares of company stock worth $5,248,749 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Institutional investors and hedge funds have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership increased its stake in Hewlett Packard Enterprise by 475.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,551,715 shares of the technology company’s stock worth $87,230,000 after acquiring an additional 2,933,972 shares during the last quarter. Nishkama Capital LLC purchased a new position in Hewlett Packard Enterprise during the third quarter worth about $54,796,000. Canada Pension Plan Investment Board increased its position in shares of Hewlett Packard Enterprise by 4,610.0% during the second quarter. Canada Pension Plan Investment Board now owns 1,962,919 shares of the technology company’s stock valued at $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 in the 3rd quarter valued at approximately $41,330,000. Finally, Alliancebernstein L.P. raised its stake in shares of 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 acquiring an additional 1,573,272 shares during the period. 80.78% of the stock is currently owned by institutional investors and hedge funds.

About Hewlett Packard Enterprise

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.