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The latest announcement is out from Hewlett Packard Enterprise ( (HPE) ).
On March 9, 2026, Hewlett Packard Enterprise reported strong fiscal 2026 first-quarter results for the period ended January 31, 2026, highlighted by 18% year‑on‑year revenue growth to $9.3 billion and sharply higher margins, producing one of its most profitable quarters. Networking revenue surged 151.5% to $2.7 billion as the newly combined networking portfolio, including Juniper, drove robust gains across routing, data center, and campus offerings, while Cloud & AI revenue dipped 2.7% to $6.3 billion but delivered improved profitability.
Cash flow from operations rose to $1.2 billion and free cash flow reached $0.7 billion, enabling $348 million in capital returns via dividends and buybacks and underlining improved operational efficiency. Reflecting confidence in sustained demand and synergy realization, HPE raised its full‑year fiscal 2026 outlook, tightening expected revenue growth to 17%–22%, boosting Networking growth guidance to 68%–73%, lifting both GAAP and non‑GAAP EPS targets, and increasing its free cash flow guidance to at least $2.0 billion, signaling stronger earnings power and cash generation for shareholders.
HPE’s Board also declared a regular cash dividend of $0.1425 per share on the company’s common stock for the second quarter of fiscal 2026, payable in April to shareholders of record in March. For the second quarter, the company guided revenue between $9.6 billion and $10.0 billion and projected GAAP EPS of $0.09–$0.13 and non‑GAAP EPS of $0.51–$0.55, emphasizing continued profitability momentum as it integrates recent acquisitions and executes its portfolio transformation.
The most recent analyst rating on (HPE) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Hewlett Packard Enterprise stock, see the HPE Stock Forecast page.
Spark’s Take on HPE Stock
According to Spark, TipRanks’ AI Analyst, HPE is a Neutral.
The score is driven mainly by moderate financial performance (strong cash flow but sharply weaker profitability) and a very strong earnings call with raised guidance and networking-led growth; these positives are tempered by weak technical momentum and a negative P/E that reflects ongoing profitability concerns.
To see Spark’s full report on HPE stock, click here.
More about Hewlett Packard Enterprise
Hewlett Packard Enterprise (HPE) is a leader in enterprise technology, providing networking, cloud, and artificial intelligence solutions to help organizations optimize operations and transform data into insight. The company focuses on delivering integrated infrastructure, networking and services across industries to improve performance and support digital transformation initiatives.
Average Trading Volume: 18,855,134
Technical Sentiment Signal: Buy
Current Market Cap: $28.08B
See more data about HPE stock on TipRanks’ Stock Analysis page.