These Analysts Boost Their Forecasts On Hewlett Packard Enterprise Following Strong Q1 Earnings

Core Viewpoint - Hewlett Packard Enterprise Co. (HPE) reported better-than-expected first-quarter earnings, with earnings per share (EPS) of 65 cents, surpassing the consensus estimate of 55 cents, while quarterly revenue reached $9.301 billion, slightly below the Street estimate of $9.337 billion but up from $7.85 billion in the same period last year [1][2]. Financial Performance - HPE's quarterly earnings were 65 cents per share, exceeding the consensus estimate of 55 cents [1] - Quarterly revenue was $9.301 billion, just missing the Street estimate of $9.337 billion, and increased from $7.85 billion year-over-year [1] - The company raised its fiscal 2026 adjusted EPS guidance to a range of $2.30 to $2.50, compared to the analyst estimate of $2.35 [2] - HPE affirmed its revenue outlook for fiscal 2026 in the range of $40.13 billion to $41.84 billion, against the analyst estimate of $40.83 billion [2] Analyst Ratings and Price Targets - B of A Securities analyst Wamsi Mohan maintained a Buy rating on HPE and raised the price target from $29 to $32 [4] - Morgan Stanley analyst Meta Marshall maintained an Equal-Weight rating and increased the price target from $23 to $25 [4]