Hewlett Packard Enterprise (NYSE:HPE) Updates Q2 2026 Earnings Guidance

Hewlett Packard Enterprise (NYSE:HPE) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.510-0.550 for the period, compared to the consensus estimate of 0.490. The company issued revenue guidance of $9.6 billion-$10.0 billion, compared to the consensus revenue estimate of $9.6 billion. Hewlett Packard Enterprise also updated its FY 2026 guidance to 2.300-2.500 EPS.

Hewlett Packard Enterprise Stock Up 3.3%

NYSE HPE traded up $0.69 during trading on Monday, reaching $21.82. 32,766,820 shares of the company’s stock were exchanged, compared to its average volume of 17,138,963. The company has a 50 day moving average price of $22.16 and a two-hundred day moving average price of $23.09. The stock has a market cap of $28.99 billion, a P/E 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 quick ratio of 0.76 and a current ratio of 1.01.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates 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, equities research analysts anticipate that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HPE has been the subject of several research analyst reports. Argus upped their target price on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Citigroup dropped their price objective on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Morgan Stanley reduced their target price on 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. Finally, Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $25.29.

Insider Buying and Selling

In related news, EVP Maeve C. Culloty sold 35,958 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.66, for a total value of $886,724.28. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Fidelma Russo sold 126,512 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.61, for a total value of $3,113,460.32. Following the sale, the executive vice president directly owned 51,002 shares of the company’s stock, valued at approximately $1,255,159.22. This represents a 71.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 471,861 shares of company stock valued at $11,605,705 in the last quarter. Corporate insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise News Roundup

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

Hedge funds have recently modified their holdings of the stock. Headlands Technologies LLC purchased a new position in Hewlett Packard Enterprise in the 2nd quarter valued at $26,000. IFC & Insurance Marketing Inc. acquired a new position in Hewlett Packard Enterprise in the 4th quarter valued at $40,000. DV Equities LLC purchased a new position in Hewlett Packard Enterprise during the 4th quarter worth $45,000. Quarry LP acquired a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter worth $45,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Hewlett Packard Enterprise by 44.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after acquiring an additional 1,377 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

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.