HPE Earnings: Hewlett Packard Enterprise Stock Rises despite Mixed Results

FomoAnxiety · 2026-03-09T20:22:30+00:00

Hewlett Packard Enterprise reported earnings of $0.65 per share for Q1 FY2026, exceeding estimates, but missed revenue expectations with $9.3 billion. Analysts rate HPE stock as a Moderate Buy, with a price target suggesting 22.2% upside.

FomoAnxiety

2026-03-09 20:22:30

Abstract generation in progress

Shares of Hewlett Packard Enterprise HPE +3.27% ▲ gained in after-hours trading after the tech company reported earnings for its first quarter of Fiscal Year 2026. Earnings per share came in at $0.65, which beat analysts’ consensus estimate of $0.59 per share.

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However, sales increased by 18.5% year-over-year, with revenue hitting $9.3 billion. This missed analysts’ expectations of $9.35 billion.

Is HPE Stock a Good Buy?

Turning to Wall Street, analysts have a Moderate Buy consensus rating on HPE stock based on five Buys, three Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average HPE price target of $26.63 per share implies 22.2% upside potential. However, it’s worth noting that estimates will likely change following today’s earnings report.

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