Hewlett Packard Enterprise (NYSE:HPE) Issues Q4 2026 Earnings Guidance

Hewlett Packard Enterprise (NYSE:HPE) issued an update on its fourth quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.200-1.300 for the period, compared to the consensus estimate of 1.040. The company issued revenue guidance of $13.9 billion-$14.8 billion, compared to the consensus revenue estimate of $13.0 billion. Hewlett Packard Enterprise also updated its FY 2026 guidance to 3.750-3.850 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have commented on HPE shares. Barclays increased their price objective on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Truist Financial restated a “buy” rating and issued a $69.00 target price (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. JPMorgan Chase & Co. upped their target price on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft began coverage on shares of Hewlett Packard Enterprise in a report on Tuesday. They issued a “buy” rating and a $62.00 price target for the company. Finally, Piper Sandler reissued a “neutral” rating and set a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise 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. According to MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus price target of $69.44.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock opened at $51.85 on Thursday. The firm has a market cap of $68.66 billion, a price-to-earnings ratio of 48.46, a PEG ratio of 0.54 and a beta of 1.43. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise has a 52-week low of $19.84 and a 52-week high of $64.25. The company’s 50 day moving average is $49.63 and its 200 day moving average is $37.46.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $11.97 billion. During the same quarter in the previous year, the business posted $0.44 EPS. Hewlett Packard Enterprise’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, sell-side analysts anticipate that Hewlett Packard Enterprise will post 2.92 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

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

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise 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 value of $911,072.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by 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

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several large investors have recently bought and sold shares of the company. Empowered Funds LLC grew its holdings in shares of Hewlett Packard Enterprise by 317.3% during the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after buying an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Hewlett Packard Enterprise by 44.7% in 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 in the last quarter. Brown Advisory Inc. boosted its position in Hewlett Packard Enterprise by 4.4% during the second quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after acquiring an additional 996 shares during the last quarter. Jump Financial LLC grew its stake in Hewlett Packard Enterprise by 25.8% during the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after acquiring an additional 3,215 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new stake in Hewlett Packard Enterprise during the 2nd quarter valued at about $207,000. 80.78% of the stock is currently owned by hedge funds and other 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.