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

Posted by Brenda Bartman on Sep 4th, 2026

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.200-1.300 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HPE shares. Sanford C. Bernstein boosted their price target on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a research report on Tuesday, June 2nd. Wall Street Zen upgraded Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 30th. Morgan Stanley lowered their price target on Hewlett Packard Enterprise from $69.00 to $67.00 and set an “overweight” rating on the stock in a report on Thursday. Bank of America boosted their price objective on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Monday. Finally, Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $74.00 to $76.00 and gave the company a “buy” rating in a research report on Thursday. Twelve analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and an average price target of $69.44.

Check Out Our Latest Analysis on HPE

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE opened at $54.25 on Friday. The stock’s 50-day moving average is $49.79 and its 200 day moving average is $37.68. The stock has a market cap of $71.84 billion, a price-to-earnings ratio of 28.26, a P/E/G ratio of 0.60 and a beta of 1.43. Hewlett Packard Enterprise has a 1-year low of $19.84 and a 1-year 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.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.75% and a net margin of 6.60%.Hewlett Packard Enterprise’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 earnings per share. 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 Dividend Announcement

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 given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 53.27%.

Insiders Place Their Bets

In other news, SVP Kirt Karros sold 18,785 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by insiders.

Key Stories Impacting Hewlett Packard Enterprise

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

Positive Sentiment: HPE reported fiscal Q3 adjusted EPS of $1.11, well above estimates near $0.93-$0.95, while revenue reached approximately $12.2 billion, up 33.7% year over year and ahead of expectations. HPE Reports Fiscal 2026 Third Quarter Results
Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75-$3.85 and revenue guidance to $46-$47 billion, both above consensus. Fourth-quarter guidance also exceeded analysts’ forecasts, and HPE projected fiscal 2027 revenue growth of 13%-17% with at least $5 billion in free cash flow. HPE raises annual forecasts as AI, networking demand lifts quarterly revenue
Positive Sentiment: Executives cited exceptionally strong, broad-based AI demand, record orders and a backlog that exceeds available supply. Networking revenue reportedly rose 75%, including a 270% increase in routing revenue, strengthening the case that the Juniper networking business is becoming a major AI infrastructure growth engine. HPE Q3 Earnings Call Highlights AI Demand, Networking Shift
Positive Sentiment: HPE expanded its collaboration with Oracle to deploy Juniper Networking across Oracle’s gigawatt-scale AI data centers. A reported warrant arrangement involving more than four million HPE shares could further align Oracle with HPE’s infrastructure rollout, although investors should monitor dilution and execution details. HPE and Oracle Deepen Networking Collaboration
Positive Sentiment: Several analysts raised price targets, including Raymond James, Citi, Barclays and Truist, while unusual options activity showed call volume substantially above normal—signals of improving investor expectations.
Neutral Sentiment: HPE will hold a Networking Investor Day on September 30, potentially providing additional detail on strategy, margins and AI-related demand.
Negative Sentiment: Memory, CPU and other hardware bottlenecks remain a concern. Investors are questioning whether supply limitations could delay deliveries or pressure margins as AI systems represent a larger share of sales. UBS, Wells Fargo and Piper Sandler maintained cautious ratings or reduced targets. HPE Earnings Soar but Supply Constraints Aren’t Going Away

Institutional Trading of Hewlett Packard Enterprise

Large investors have recently bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise in the second quarter worth $26,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $40,000. DV Equities LLC purchased a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $45,000. Quarry LP purchased a new position in Hewlett Packard Enterprise during the third quarter valued at $45,000. Finally, Geneos Wealth Management Inc. boosted its holdings in 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 acquiring an additional 1,377 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Company Profile

(Get Free Report)

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.