Hewlett Packard Enterprise (NYSE:HPE) Updates Q1 2026 Earnings Guidance

Hewlett Packard Enterprise (NYSE:HPE) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.570-0.610 for the period, compared to the consensus estimate of 0.510. The company issued revenue guidance of $9.0 billion-$9.4 billion, compared to the consensus revenue estimate of $9.9 billion. Hewlett Packard Enterprise also updated its FY 2026 guidance to 2.250-2.450 EPS.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HPE. Barclays boosted their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 8th. Sanford C. Bernstein began coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, September 16th. They set a “market perform” rating and a $24.00 price target on the stock. UBS Group raised their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Finally, Zacks Research downgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $25.24.

Hewlett Packard Enterprise Stock Performance

NYSE HPE traded up $0.65 on Thursday, hitting $22.91. 32,969,806 shares of the company’s stock traded hands, compared to its average volume of 22,314,570. The firm’s 50-day moving average price is $23.33 and its two-hundred day moving average price is $21.57. The firm has a market capitalization of $30.22 billion, a PE ratio of 27.93, a P/E/G ratio of 0.88 and a beta of 1.34. The company has a current ratio of 0.95, a quick ratio of 0.69 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 issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. 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, analysts expect that Hewlett Packard Enterprise will post 1.85 EPS for the current year.

Insider Activity

In other news, EVP Maeve C. Culloty sold 3,738 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $25.12, for a total value of $93,898.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary M. Reiner sold 40,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $24.58, for a total value of $983,200.00. Following the sale, the director directly owned 83,869 shares in the company, valued at approximately $2,061,500.02. This trade represents a 32.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 210,404 shares of company stock valued at $5,248,749 in the last quarter. 0.36% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Several institutional investors have recently made changes to their positions in the company. Laird Norton Wetherby Wealth Management LLC raised its position in shares of Hewlett Packard Enterprise by 1.7% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 46,814 shares of the technology company’s stock worth $1,150,000 after purchasing an additional 802 shares during the last quarter. Brown Advisory Inc. increased its stake in Hewlett Packard Enterprise by 4.4% during the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after buying an additional 996 shares in the last quarter. Brooklyn Investment Group raised its holdings in shares of Hewlett Packard Enterprise by 4.6% during the third quarter. Brooklyn Investment Group now owns 24,242 shares of the technology company’s stock valued at $595,000 after acquiring an additional 1,060 shares during the last quarter. EP Wealth Advisors LLC lifted its position in shares of Hewlett Packard Enterprise by 3.1% in the second quarter. EP Wealth Advisors LLC now owns 38,676 shares of the technology company’s stock valued at $791,000 after acquiring an additional 1,149 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter worth approximately $26,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Company Profile

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.