Hewlett Packard Enterprise (NYSE:HPE) Issues 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 10.1%

Shares of NYSE:HPE traded up $4.33 during trading on Monday, reaching $47.37. 94,576,651 shares of the stock were exchanged, compared to its average volume of 18,755,748. The firm has a market cap of $62.85 billion, a price-to-earnings ratio of -249.32, a price-to-earnings-growth ratio of 1.10 and a beta of 1.42. 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 stock has a fifty day moving average of $28.73 and a two-hundred day moving average of $24.63. Hewlett Packard Enterprise has a 1-year low of $17.02 and a 1-year high of $47.97.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.25. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. 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. Research analysts anticipate that Hewlett Packard Enterprise will post 1.97 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Citigroup boosted their price objective on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Bank of America increased their target price on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Monday, May 25th. Truist Financial started coverage on Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They issued a “buy” rating and a $31.00 target price on the stock. Finally, Morgan Stanley upped their price objective on Hewlett Packard Enterprise from $25.00 to $33.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. One research 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.88.

Insider Buying and Selling

In related news, Director Bethany Mayer sold 6,482 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the sale, the director directly owned 8,018 shares of the company’s stock, valued at $233,323.80. The trade was a 44.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 264,432 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.18, for a total transaction of $6,658,397.76. Following the completion of the transaction, the chief executive officer owned 1,837,329 shares of the company’s stock, valued at $46,263,944.22. This trade represents a 12.58% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 702,402 shares of company stock valued at $18,440,171. Insiders own 0.44% of the company’s stock.

Key Hewlett Packard Enterprise News

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

Hedge Funds Weigh In On Hewlett Packard Enterprise

A number of hedge funds and other institutional investors have recently made changes to their positions in HPE. Headlands Technologies LLC purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter worth about $26,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at $40,000. DV Equities LLC purchased a new position in shares of Hewlett Packard Enterprise in the 4th quarter worth about $45,000. Quarry LP purchased a new position in Hewlett Packard Enterprise in the 3rd quarter worth about $45,000. Finally, Geneos Wealth Management Inc. increased its position in shares of Hewlett Packard Enterprise by 44.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after purchasing an additional 1,377 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

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.