Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) is expected to be announcing its Q3 2026 results after the market closes on Wednesday, September 2nd. Analysts expect the company to announce earnings of $0.93 per share and revenue of $11.9537 billion for the quarter. Parties may visit the the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, September 2, 2026 at 4:30 PM ET.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The company had revenue of $10.68 billion for the quarter, compared to analysts’ expectations of $9.78 billion. During the same period last year, the firm earned ($0.82) earnings per share. Hewlett Packard Enterprise’s quarterly revenue was up 40.0% on a year-over-year basis. On average, analysts expect Hewlett Packard Enterprise to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Hewlett Packard Enterprise Price Performance
Hewlett Packard Enterprise stock opened at $52.31 on Monday. Hewlett Packard Enterprise has a twelve month low of $19.84 and a twelve month high of $64.25. The stock has a market capitalization of $69.27 billion, a price-to-earnings ratio of 48.89, a PEG ratio of 0.56 and a beta of 1.42. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The stock has a 50 day moving average of $49.46 and a two-hundred day moving average of $36.86.
Key Stories Impacting Hewlett Packard Enterprise
- Positive Sentiment: J.P. Morgan assigned HPE a Buy rating, adding to the bullish analyst support for the company. Hewlett Packard Enterprise Receives a Buy from J.P. Morgan
- Positive Sentiment: Analysts’ average price target implies approximately 25.5% upside, while upward earnings-estimate revisions suggest expectations for a potential earnings beat. The article cautions that price targets alone are not always reliable. HPE Potential Rally Analysis
- Positive Sentiment: HPE’s third-quarter outlook is supported by demand for AI infrastructure, networking, and hybrid-cloud solutions, with its expanded product portfolio potentially supporting revenue growth. HPE Q3 Earnings Preview
- Neutral Sentiment: Brokerages collectively rate HPE “Moderate Buy,” indicating broadly favorable sentiment but not unanimous conviction. HPE Consensus Recommendation
- Neutral Sentiment: Investors are awaiting detailed third-quarter projections for revenue, earnings, margins, and other operating metrics for the period ended July 2026. HPE Q3 Key Metrics Preview
- Negative Sentiment: Cisco may have an edge over HPE for long-term networking investors because of stronger hyperscaler AI orders, networking growth, and its expanding security business. HPE Versus Cisco Networking Comparison
- Negative Sentiment: HPE’s multiyear global Wi-Fi patent agreement with a blacklisted supplier could raise compliance and reputational concerns, despite resolving intellectual-property issues. HPE Global WiFi Patent Deal
Analysts Set New Price Targets
Several analysts have commented on the stock. Raymond James Financial lifted their target price on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. Bank of America upped their target price on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Argus upped their price objective on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Loop Capital raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and raised their target price for the stock from $23.00 to $75.00 in a report on Tuesday, June 2nd. Finally, Citigroup boosted their price objective on Hewlett Packard Enterprise from $70.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $69.80.
Get Our Latest Stock Report on Hewlett Packard Enterprise
Insider Transactions at Hewlett Packard Enterprise
In other news, SVP Kirt P. Karros sold 18,785 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Hewlett Packard Enterprise
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Headlands Technologies LLC bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at $26,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth $40,000. DV Equities LLC bought a new stake in Hewlett Packard Enterprise in the fourth quarter valued at about $45,000. Quarry LP acquired a new position in Hewlett Packard Enterprise in the third quarter valued at about $45,000. Finally, Geneos Wealth Management Inc. boosted its holdings in Hewlett Packard Enterprise by 44.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after buying an additional 1,377 shares during the last quarter. 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.
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