Hewlett Packard Enterprise Company (HPE) earnings on September 2, 2026
More Hewlett Packard Enterprise Company earnings
Prior outlook: Optimistic
Volatly's outlook before the earnings on September 2, 2026: Optimistic.
HPE price around the earnings
54.44
Change: +5.0%
2026-09-03, 20:00 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: Optimistic
- Thesis published
Context analyzed before publication
- Summary
- Analyst upgrades, but short-term exhaustion
- Reasoning
- Analyst upgrades and strong earnings trend strength have driven an optimistic trajectory, with analysts citing significantly elevated price targets. However, the recent reversal after prior strength and extreme retail crowding present a factor to monitor in the scenario.
- Playbook
- The stock has experienced strong recent trend strength with a 30-day gain of over 19%, though this reversed in the last two weeks. Analyst ratings are strongly optimistic with analysts citing price targets implying nearly 30% upside, while retail investors remain extremely optimistic.
- Trend
- Escalating optimistic trajectory
Analysts
Drivers
-
Analysts
Positive
Analysts assign a price target of $65, representing about 29% above current levels. Recent upgrades from major firms like Deutsche Bank, Bank of America, and Morgan Stanley show strong conviction.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.95
- Analysts covering the stock
- 19
- Average price target
- 65.35
- Lowest price target
- 28
- Highest price target
- 80
- Upside to price target
- 28.5%
- Revenue growth
- 40%
- Forward EPS
- 4.08
- Trailing EPS
- 1.04
- Analyst moves in the last 60 days
- 4
- September 1, 2026 · Deutsche Bank: Initiates coverage (Buy → Buy)
- August 31, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- August 10, 2026 · Morgan Stanley: Upgrades rating (Equal-Weight → Overweight)
- July 24, 2026 · Citigroup: Maintains rating (Buy → Buy)
News and sentiment
Drivers
-
News & sentiment
Negative
Retail investors are extremely optimistic with nearly 91% holding constructive positions, indicating extreme crowding. While a Tottenham partnership was announced positively, broader market sentiment has weakened with the Dow falling over 400 points.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (5)
- HPE Expands Tottenham Partnership To Upgrade Stadium Technology And Fan Experience (opens in a new tab) — Benzinga
- Dell, Broadcom And 3 Stocks To Watch Heading Into Wednesday (opens in a new tab) — Benzinga
- Hewlett Packard Enterprise Pops Nearly 4% After Hours as Dell's AI Boom Boosts Hardware Sentiment: HPE Stock Trends (opens in a new tab) — Benzinga
- Deutsche Bank Initiates Coverage On Hewlett Packard with Buy Rating, Announces Price Target of $62 (opens in a new tab) — Benzinga
- B of A Securities Maintains Buy on Hewlett Packard, Raises Price Target to $82 (opens in a new tab) — Benzinga
Technicals
Drivers
-
Technical
Negative
Despite 30-day strength, the stock has reversed course in the last two weeks with an 8.77% decline. The price is now near resistance levels around $51. Analysts positive, but the scenario points pessimistic.
Evidence
- Price when the context was analyzed
- 50.8
- Average true range (ATR)
- 4.7%
- Distance to 52-week high
- -15.0%
- 14-day change (14d)
- -8.8%
- 30-day change (32d)
- +6.1%
- 30-day relative strength
- +4.1%
- SPY change (32d)
- +2.0%
- Nearest support
- 50.25
- Distance to nearest support
- 1.1%
- Nearest resistance
- 50.94
- Distance to nearest resistance
- 0.3%
- Volume accumulation ratio (14d / 46d)
- 0.54
- Minor: 50.25 (1.1% away, 0.23 ATR, 7 touches)
- Minor: 49.63 (2.3% away, 0.49 ATR, 7 touches)
- Mid: 49.19 (3.2% away, 0.68 ATR, 13 touches)
- Mid: 50.94 (0.3% away, 0.06 ATR, 5 touches)
- Mid: 51.31 (1% away, 0.21 ATR, 5 touches)
- Mid: 51.69 (1.8% away, 0.37 ATR, 9 touches)
Trends
Evidence
- Average earnings surprise
- +17.7%
- June 1, 2026: actual EPS 0.79 vs estimate 0.53 (surprise +48.0%)
- 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%)
Expected move
Drivers
-
Past earnings
Positive
The company has beaten earnings expectations every quarter for the past year, with an average surprise of 17.7%. The most recent quarterly beat was exceptionally strong at 48%.
There is no implied-move data available for this event.
Reactions over its last 20 earnings
- Median move
- 4.3%
- 75th percentile move
- 9.1%
- 90th percentile move
- 10.8%
- Up / down moves
- 12 / 8
- Average up move
- +6.3%
- Average down move
- -4.4%
Monitoring and close
What Hewlett Packard Enterprise Company reported
- Status
- Pending
| Actual EPS | 1.11 |
|---|---|
| EPS estimate | 0.94 |
| EPS surprise | +18.4% |
Sources (1)
- Earnings per share: $1.11 vs $0.94 expected — above expectations. — Finnhub
Pre-market second reading after the results
There is no second reading available for this event.