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

Hewlett Packard Enterprise (NYSE:HPE) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.300-2.500 for the period, compared to the consensus estimate of 2.190. The company issued revenue guidance of $40.1 billion-$41.8 billion, compared to the consensus revenue estimate of $40.6 billion. Hewlett Packard Enterprise also updated its Q2 2026 guidance to 0.510-0.550 EPS.

Hewlett Packard Enterprise Trading Down 3.3%

Shares of HPE opened at $21.09 on Wednesday. The firm’s 50 day simple moving average is $22.05 and its 200 day simple moving average is $23.08. The company has a market capitalization of $28.03 billion, a P/E ratio of -111.01, a P/E/G ratio of 0.60 and a beta of 1.31. Hewlett Packard Enterprise has a 1-year low of $11.97 and a 1-year high of $26.44. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.97% and a negative net margin of 0.41%.The firm had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same period in the prior year, the business earned $0.49 EPS. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Sell-side analysts forecast that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be issued a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is currently -950.00%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. The Goldman Sachs Group began coverage on Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price for the company. Citigroup lowered their price objective on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Bank of America raised their price target on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday. Argus lifted their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $25.82.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 126,512 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the transaction, the executive vice president directly owned 51,002 shares in the company, valued at approximately $1,255,159.22. This represents a 71.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Jeremy Cox sold 13,463 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.68, for a total value of $332,266.84. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 238,850 shares of company stock worth $5,877,664 in the last ninety days. Corporate insiders own 0.44% of the company’s stock.

Key Stories Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: Q1 beat and upgraded guidance — HPE reported $0.65 non‑GAAP EPS (beat) and raised FY‑2026 EPS and Q2 guidance, citing strong demand; management highlighted one of the company’s most profitable quarters. HPE Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Networking & AI server demand driving revenue — networking sales nearly tripled and HPE pointed to heavy orders for AI‑optimized servers (NVIDIA chips), underpinning the revenue and margin outlook. Hewlett Packard Enterprise forecasts revenue above estimates
• Positive Sentiment: Analyst support and higher price targets — banks raised targets/ratings (Bank of America to $32 buy; Morgan Stanley raised its target to $25), signaling increased analyst conviction on AI/networking exposure. Benzinga coverage TickerReport coverage
• Positive Sentiment: Dividend announced — HPE declared a quarterly dividend (record March 24), supporting income‑oriented investors and signaling cash‑return discipline.
• Neutral Sentiment: Short interest fell in February (~12% drop to ~79M shares; ~6% of float), which may reduce short‑selling pressure/volatility going forward but also reflects shifting positioning rather than fundamentals.
• Negative Sentiment: Market/geopolitical selling pressure — broader market reaction to Middle East developments and volatile oil prices drove weakness in the afternoon session, weighing on HPE along with other tech names. Hewlett Packard Enterprise, Sinclair, Vestis, First Advantage, and Insight Enterprises Shares Plummet, What You Need To Know
• Negative Sentiment: Security vulnerability — HPE warned of a critical AOS‑CX flaw that can allow admin password resets; remediation and reputational/enterprise‑support concerns could be a near‑term risk. HPE warns of critical AOS-CX flaw allowing admin password resets
• Negative Sentiment: Memory shortages and segment softness — management flagged persistent memory constraints and price increases; Cloud & AI revenue was softer, which could pressure some margin/volume assumptions despite networking strength. HPE sees surging AI orders and pull-forward, while memory shortages force pricing and supply strategies

Institutional Trading of Hewlett Packard Enterprise

Several large investors have recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new position in shares of Hewlett Packard Enterprise during the second quarter worth $26,000. IFC & Insurance Marketing Inc. purchased a new position in Hewlett Packard Enterprise during the fourth quarter worth approximately $40,000. DV Equities LLC purchased a new position in shares of Hewlett Packard Enterprise during the 4th quarter valued at approximately $45,000. Quarry LP acquired a new stake in shares of 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% in the 1st 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. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Company Profile

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.