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 guidance of 0.570-0.610 for the period, compared to the consensus earnings per share 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.

Hewlett Packard Enterprise Trading Up 2.9%

NYSE:HPE traded up $0.65 on Thursday, reaching $22.91. The stock had a trading volume of 33,147,515 shares, compared to its average volume of 22,314,570. Hewlett Packard Enterprise has a 12-month low of $11.97 and a 12-month high of $26.44. The company has a market cap of $30.22 billion, a price-to-earnings ratio of 27.93, a P/E/G ratio of 0.88 and a beta of 1.34. The firm’s fifty day moving average is $23.33 and its two-hundred day moving average is $21.57. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.95 and a quick ratio of 0.69.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion during the quarter, compared to the consensus estimate 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. Equities analysts expect that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on HPE shares. Zacks Research lowered Hewlett Packard Enterprise from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. The Goldman Sachs Group upped their target price on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Citigroup increased their target price on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Piper Sandler assumed coverage on Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target for the company. Finally, Bank of America upped their price objective on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $25.24.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $24.58, for a total transaction of $983,200.00. Following the completion of the sale, the director directly owned 83,869 shares in the company, valued at $2,061,500.02. The trade was a 32.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Antonio F. Neri sold 166,666 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $25.03, for a total transaction of $4,171,649.98. Following the completion of the sale, the chief executive officer directly owned 1,585,726 shares of the company’s stock, valued at $39,690,721.78. The trade was a 9.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 210,404 shares of company stock valued at $5,248,749 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. CIBC Bancorp USA Inc. acquired a new stake in shares of Hewlett Packard Enterprise in the third quarter valued at about $4,446,000. Centaurus Financial Inc. lifted its position in Hewlett Packard Enterprise by 44.5% during the 3rd quarter. Centaurus Financial Inc. now owns 28,288 shares of the technology company’s stock worth $695,000 after acquiring an additional 8,711 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in Hewlett Packard Enterprise by 8.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 28,231 shares of the technology company’s stock worth $693,000 after acquiring an additional 2,229 shares during the period. Danske Bank A S acquired a new stake in Hewlett Packard Enterprise in the third quarter valued at approximately $18,603,000. Finally, Hancock Whitney Corp acquired a new stake in Hewlett Packard Enterprise in the third quarter valued at approximately $7,865,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

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.