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 Performance

Shares of HPE traded up $4.33 during mid-day trading on Monday, hitting $47.37. The stock had a trading volume of 97,157,247 shares, compared to its average volume of 18,868,434. The business has a fifty day moving average price of $28.73 and a 200-day moving average price of $24.63. Hewlett Packard Enterprise has a 52 week low of $17.02 and a 52 week high of $47.97. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. The firm has a market cap of $62.85 billion, a P/E ratio of -249.32, a PEG ratio of 1.10 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same period in the prior year, the business earned $0.49 EPS. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. 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, equities research analysts expect that Hewlett Packard Enterprise will post 1.97 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is presently -300.00%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HPE. Citigroup upped their price objective on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Raymond James Financial restated an “outperform” rating and set a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Morgan Stanley increased their target price on Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Monday, May 25th. Finally, Truist Financial began coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They set a “buy” rating and a $31.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.88.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 6,482 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total value of $188,626.20. Following the completion of the transaction, the director owned 8,018 shares in the company, valued at $233,323.80. This trade represents a 44.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 112,652 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.09, for a total value of $2,826,438.68. Following the completion of the transaction, the executive vice president owned 56,494 shares of the company’s stock, valued at approximately $1,417,434.46. The trade was a 66.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 702,402 shares of company stock worth $18,440,171 over the last quarter. Company insiders own 0.44% of the company’s stock.

Key Headlines Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: HPE reported fiscal second-quarter results that beat Wall Street expectations, with record revenue, stronger-than-expected profitability, and higher free cash flow, suggesting solid execution and improving fundamentals. HPE Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: The company said surging demand for AI compute helped drive results and led it to pull forward its long-term financial targets by two years, a sign that management sees momentum accelerating faster than expected. HPE Pulls Forward Long-Term Targets as Surging AI Compute Demand Boosts Revenue
• Positive Sentiment: Reuters reported that HPE now expects to hit its 2028 financial targets this year after a record quarter, underscoring how AI data-center expansion is boosting demand for its servers and networking products. HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
• Positive Sentiment: HPE launched a new server powered by NVIDIA Vera CPU, designed for agentic AI and high-performance data workloads, reinforcing its position in the AI infrastructure market. HPE Introduces CPU Server with NVIDIA Vera CPU, Purpose-built for Agentic AI
• Neutral Sentiment: HPE appointed Elliott partner Chris Hsu to its board of directors, which could support strategic oversight but does not by itself change the company’s operating outlook. HPE Names Chris Hsu to Board of Directors

Institutional Trading of Hewlett Packard Enterprise

A number of hedge funds have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Hewlett Packard Enterprise during the 4th quarter valued at approximately $433,537,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Hewlett Packard Enterprise by 0.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,193,841 shares of the technology company’s stock valued at $316,916,000 after buying an additional 49,508 shares during the last quarter. Amundi raised its stake in Hewlett Packard Enterprise by 63.1% during the fourth quarter. Amundi now owns 11,514,029 shares of the technology company’s stock valued at $276,567,000 after buying an additional 4,454,568 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Hewlett Packard Enterprise by 2.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 10,209,062 shares of the technology company’s stock valued at $245,222,000 after buying an additional 222,495 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in Hewlett Packard Enterprise by 32.5% during the fourth quarter. AQR Capital Management LLC now owns 5,902,556 shares of the technology company’s stock valued at $141,779,000 after buying an additional 1,447,680 shares during the last quarter. 80.78% of the stock is owned by 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.