Hewlett Packard Enterprise (NYSE:HPE) Releases FY 2026 Earnings Guidance

Hewlett Packard Enterprise (NYSE:HPE) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.750-3.850 for the period, compared to the consensus earnings per share estimate of 3.340. The company issued revenue guidance of $46.0 billion-$47.0 billion, compared to the consensus revenue estimate of $45.1 billion. Hewlett Packard Enterprise also updated its Q4 2026 guidance to 1.200-1.300 EPS.

Wall Street Analysts Forecast Growth

HPE has been the topic of a number of recent research reports. Raymond James Financial upped their price objective on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. UBS Group upped their price objective on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Zacks Research cut shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Morgan Stanley raised Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and reduced their price objective for the company from $71.00 to $69.00 in a research note on Monday, August 10th. Finally, Sanford C. Bernstein lifted their price target on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a research note on Tuesday, June 2nd. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.44.

Hewlett Packard Enterprise Trading Up 1.9%

Shares of HPE opened at $51.85 on Thursday. The stock’s fifty day simple moving average is $49.63 and its 200 day simple moving average is $37.46. Hewlett Packard Enterprise has a twelve month low of $19.84 and a twelve month high of $64.25. 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 firm has a market capitalization of $68.66 billion, a P/E ratio of 48.46, a price-to-earnings-growth ratio of 0.54 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The firm had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the prior year, the company earned $0.44 EPS. The company’s revenue was up 33.7% on a year-over-year basis. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. On average, equities research analysts forecast that Hewlett Packard Enterprise will post 2.92 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is 53.27%.

Insiders Place Their Bets

In related news, SVP Kirt P. Karros sold 18,785 shares of the company’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 document filed 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 currently owned by corporate insiders.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: HPE reported fiscal Q3 revenue of $12.21 billion, up 33.7% year over year and above the $11.97 billion consensus estimate. Adjusted EPS of $1.11 also exceeded expectations, while earnings rose sharply from $0.44 a year earlier. HPE Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Accelerating demand for AI servers and networking drove record revenue, orders and profitability. HPE reported a record non-GAAP gross margin of 40% and said AI should remain a multiyear growth driver. HPE raises annual forecasts as AI demand lifts quarterly revenue
• Positive Sentiment: The company raised fiscal 2026 guidance to $3.75–$3.85 in EPS and $46.0–$47.0 billion in revenue, above analyst forecasts. Q4 guidance also exceeded consensus, and HPE projected fiscal 2027 revenue growth of 13%–17% with at least $5 billion in free cash flow. HPE fiscal 2027 forecast
• Positive Sentiment: HPE expanded its collaboration with Oracle to deploy Juniper Networking across Oracle’s AI data centers, potentially strengthening its position in large-scale AI infrastructure. HPE and Oracle networking collaboration
• Positive Sentiment: Deutsche Bank initiated coverage with a Buy rating and a $62 price target, implying meaningful upside from the referenced share price. Deutsche Bank HPE coverage
• Neutral Sentiment: HPE declared a quarterly dividend of $0.1425 per share, payable October 16 to shareholders of record September 17. The dividend yield is approximately 1.1%.
• Negative Sentiment: Despite the earnings beat and higher outlook, shares fell in extended trading as investors evaluated whether margin gains can persist as AI products become a larger part of the business. Ongoing supply constraints could also limit the company’s ability to meet demand. Why HPE shares fell despite strong results

Hedge Funds Weigh In On Hewlett Packard Enterprise

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Hewlett Packard Enterprise in the fourth quarter valued at $433,537,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Hewlett Packard Enterprise by 0.4% in the 4th 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 worth $316,916,000 after purchasing an additional 49,508 shares during the period. Amundi raised its position 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 period. Charles Schwab Investment Management Inc. increased its holdings in shares of Hewlett Packard Enterprise by 2.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,209,062 shares of the technology company’s stock valued at $245,222,000 after purchasing an additional 222,495 shares during the period. Finally, AQR Capital Management LLC raised its holdings in shares of 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 worth $141,779,000 after acquiring an additional 1,447,680 shares in the last quarter. 80.78% of the stock is owned by 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.