Hewlett Packard Enterprise Company (HPE) earnings on June 1, 2026
More Hewlett Packard Enterprise Company earnings
Prior outlook: Pessimistic Outcome: Missed
HPE stock surged after its earnings report, surprising investors. The price climbed significantly, showing a strong positive reaction that defied earlier negative expectations.
HPE price around the earnings
54.90
Change: +16.8%
2026-06-03, 00:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
Strong rally, but analysts expect price decline.
Analysts are projecting a significant drop in HPE's stock price, even though the company has a strong history of beating earnings expectations. The stock has experienced a very rapid price increase recently, making it appear overbought and increasing the risk of a sell-off after the upcoming earnings report.
Context analyzed before publication
- Summary
- Strong rally, but analysts point to a pessimistic scenario.
- Reasoning
- Analysts point to a pessimistic scenario for HPE's stock price, even though the company has a strong history of beating earnings expectations. The stock has experienced a very rapid price increase recently, making it appear overbought, and the scenario is pessimistic after the upcoming earnings report.
- Playbook
- The scenario reflects analyst concerns and the stock's rapid rise, with the recent upward trend as a reference point.
- Trend
- Analysts cite a more pessimistic scenario.
Analysts
Drivers
-
Analysts
Negative
The average price target suggests a pessimistic scenario of about 37.1% downside. Additionally, analyst ratings are leaning towards 'hold' rather than 'buy', with one firm downgrading their recommendation.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.22
- Analysts covering the stock
- 19
- Average price target
- 29.92
- Lowest price target
- 21
- Highest price target
- 40
- Upside to price target
- -37.1%
- Quarterly earnings growth
- -27.9%
- Revenue growth
- 18.4%
- Forward EPS
- 2.73
- Trailing EPS
- -0.17
- Analyst moves in the last 60 days
- 3
- Strong buy: 3
- Buy: 8
- Hold: 11
- Sell: 0
- Strong sell: 1
- Strong buy
- 3
- Buy
- 8
- Hold
- 11
- Sell
- 0
- Strong sell
- 1
- May 21, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- May 14, 2026 · Citigroup: Maintains rating (Buy → Buy)
- April 13, 2026 · Raymond James: Downgrades rating (Strong Buy → Outperform)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (7)
- Hewlett Packard Enterprise Earnings: Can It Ride Dell's AI Wave? — Benzinga
- HPE Earnings Prediction Market Preview: What Will Antonio Neri Say? — Benzinga
- Stock Market Today: S&P 500, Dow, Nasdaq Futures Rise As US Undertakes 'Self-Defense' Strikes Against Iran— HPE, NVDA, UBER In Focus (UPDATED) — Benzinga
- Hewlett Packard Stock Hits 52-Week High - Here's Why — Benzinga
- HPE Launches New AI-Focused Server Powered by NVIDIA Vera CPU — Benzinga
- Top Wall Street Forecasters Rate Hewlett Packard A Buy Ahead Of Q2 Earnings — Benzinga
- How To Earn $500 A Month From Hewlett Packard Stock Ahead Of Q2 Earnings — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has seen a huge price jump recently, indicating an overbought condition. This rapid increase could set up a 'sell the news' scenario after the earnings announcement.
Evidence
- Average true range (ATR)
- 5%
- Distance to 52-week high
- -0.8%
- 14-day change (14d)
- +48.7%
- 30-day change (30d)
- +73.6%
- 30-day relative strength
- +73.6%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 45.02
- Nearest resistance
- 45.92
- Volume accumulation ratio (14d / 46d)
- 1.59
Trends
Evidence
- Average earnings surprise
- +9.8%
- March 9, 2026: actual EPS 0.65 vs estimate 0.59 (surprise +10.8%)
- December 4, 2025: actual EPS 0.62 vs estimate 0.58 (surprise +6.5%)
- September 3, 2025: actual EPS 0.44 vs estimate 0.42 (surprise +5.4%)
- June 3, 2025: actual EPS 0.38 vs estimate 0.33 (surprise +16.3%)
Expected move
Drivers
-
Past earnings
Positive
HPE has successfully exceeded earnings expectations for the last four quarters. On average, their earnings have been about 9.8% higher than anticipated.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.3%
- 75th percentile move
- 7.9%
- 90th percentile move
- 10.7%
- Up / down moves
- 11 / 8
- Average up move
- +5.2%
- Average down move
- -4.4%
Monitoring and close
What Hewlett Packard Enterprise Company reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +19.5%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 39.3%