HPE
Hewlett Packard EnterpriseNYSEInformation TechnologyCommunication EquipmentSnapshot 2026-05-08
As of May 8, 2026, HPE has a composite score of 15.7 and a signal label of "mild favorable." This score is driven by high confidence in guidance credibility at 100.0 and a macro score of 32.3, but it also faces elevated risk with a total risk score of 55.5. Key drivers include macroeconomic factors such as rates and growth.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share-0.22
- Slope (norm)0.98
- Bonus0.39
Why this rank
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $0.57 → $0.57 (-0.3% / 30d). 1 raised, 2 cut, 18 covering analysts.
0 upgrades, 1 downgrade / 30d, 0 maintained. 48% of analysts rate Buy.
0 positive, 0 negative / 30d.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
18 material events in the last 24 months — top 5 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Increase Networking segment revenue by 68% to 73%growthbehind15% progress
3/9: “HPE is raising revenue growth expectations for the Networking segment to 68% to 73%.”
Why this status
Stated in 2 of last 2 quarters. Networking revenue was $2.7 billion in 2026-Q1, up 151.5% from the prior-year period, indicating strong growth. HPE's raised expectations for 68% to 73% growth in this segment align with the current trajectory, showing substantial progress.
- 2.Achieve at least $2.0 billion in free cash flow for FY26capital allocationmixed65% progress
3/9: “HPE is also raising its free cash flow guidance and now expects free cash flow to be at least $2.0 billion.”
Why this status
Stated in 3 of last 3 quarters. Free cash flow was $0.7 billion in 2026-Q1, an increase of $1.6 billion from the prior-year period. HPE's raised guidance to at least $2.0 billion for FY26 shows progress, but further improvement is needed to meet the target.
- 3.Raise GAAP diluted net EPS to $1.02 to $1.22growthbehind15% progress
3/9: “HPE is raising both GAAP diluted net EPS to be in the range of $1.02 to $1.22.”
Why this status
Stated in 2 of last 2 quarters. GAAP diluted EPS was $0.31 in 2026-Q1, down $0.13 from the prior-year period. Despite the decline, HPE's raised EPS guidance to $1.02 to $1.22 for FY26 indicates a focus on improving profitability, though current results show limited progress.
Guidance track record
Last 8 quarters of EPS guidance with actuals.
Per-quarter detail
| Period | Guidance | Actual | Result |
|---|---|---|---|
| 2023-01-31 | $0.50 – $0.58 | $0.63 | beat |
| 2023-04-30 | $0.27 – $0.35 | $0.52 | beat |
| 2023-07-31 | $0.34 – $0.38 | $0.49 | beat |
| 2024-01-31 | $0.24 – $0.32 | $0.48 | beat |
| 2024-04-30 | $0.20 – $0.25 | $0.42 | beat |
| 2025-01-31 | $0.31 – $0.36 | $0.49 | beat |
| 2025-04-30 | $0.08 – $0.14 | $0.38 | beat |
| 2025-07-31 | $0.24 – $0.29 | $0.44 | beat |
Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 41%; 252d 39%.
Drawdown — Max 1y −24%. Bad day move −3%.
Beta to sector ETF (XLK) — 0.06 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 35/100, drawdown 53/100, beta 6/100, earnings vol —.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 8 guided quarters · 77.0% avg surprise
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Increase Networking segment revenue by 68% to 73%
GrowthHPE aims to grow its Networking segment revenue by 68% to 73% for fiscal year 2026.
BehindStated in 2 of last 2 quarters. Networking revenue was $2.7 billion in 2026-Q1, up 151.5% from the prior-year period, indicating strong growth. HPE's raised expectations for 68% to 73% growth in this segment align with the current trajectory, showing substantial progress.
Networking revenue was $2.7 billion, up 151.5% from the prior-year period15%CEO/CFO:“HPE is raising revenue growth expectations for the Networking segment to 68% to 73%.”Press releaseSource dated 2026-03-09Stated 2 of last 8 quartersFirst seen 2026-03-09Show history (2)
- 2026-Q1Press release
“HPE is raising revenue growth expectations for the Networking segment to 68% to 73%.”
- 2025-Q4Press release
“HPE is reaffirming its FY26 revenue outlook range of 17% to 22%.”
- #2
Achieve at least $2.0 billion in free cash flow for FY26
Capital allocationHPE aims to achieve a minimum of $2.0 billion in free cash flow for fiscal year 2026.
MixedStated in 3 of last 3 quarters. Free cash flow was $0.7 billion in 2026-Q1, an increase of $1.6 billion from the prior-year period. HPE's raised guidance to at least $2.0 billion for FY26 shows progress, but further improvement is needed to meet the target.
Free cash flow was $0.7 billion, an increase of $1.6 billion from the prior-year period65%CEO/CFO:“HPE is also raising its free cash flow guidance and now expects free cash flow to be at least $2.0 billion.”Press releaseSource dated 2026-03-09Stated 3 of last 8 quartersFirst seen 2026-03-09Show history (3)
- 2026-Q1Press release
“HPE is also raising its free cash flow guidance and now expects free cash flow to be at least $2.0 billion.”
- 2025-Q4Press release
“HPE is also raising the midpoint of its free cash flow guidance, now expected to be in the range of $1.7 billion to $2 billion.”
- 2025-Q3Press release
“HPE expects fiscal year 2026 free cash flow to be $1.5 billion to $2.0 billion.”
- #3
Raise GAAP diluted net EPS to $1.02 to $1.22
GrowthHPE aims to raise its GAAP diluted net EPS to be in the range of $1.02 to $1.22 for fiscal year 2026.
BehindStated in 2 of last 2 quarters. GAAP diluted EPS was $0.31 in 2026-Q1, down $0.13 from the prior-year period. Despite the decline, HPE's raised EPS guidance to $1.02 to $1.22 for FY26 indicates a focus on improving profitability, though current results show limited progress.
GAAP diluted EPS was $0.31, down $0.13 from the prior-year period15%CEO/CFO:“HPE is raising both GAAP diluted net EPS to be in the range of $1.02 to $1.22.”Press releaseSource dated 2026-03-09Stated 2 of last 8 quartersFirst seen 2026-03-09Show history (2)
- 2026-Q1Press release
“HPE is raising both GAAP diluted net EPS to be in the range of $1.02 to $1.22.”
- 2025-Q4Press release
“HPE is raising both GAAP diluted net EPS to be in the range of $0.62 to $0.82.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Looks cheaper than most peers in the same business.
Around its own typical valuation.
P/E over the last 5 years
44 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
HPE Hewlett Packard Enterprise | +16 | fair | elevated |
NVDA NVIDIA Corporation | +20 | full | moderate |
AAPL Apple Inc | +19 | full | moderate |
MSFT Microsoft | +27 | fair | elevated |
AVGO Broadcom | +11 | expensive | elevated |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is cut (currently RAISED as of 2026-03-09)-16 pts
- If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
- If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
- If growth state reverses from +0.25 (positive) to -0.25 (negative)-3.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-044d agoItem 7.01
shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended. On May 4, 2026, the Board of Directors of Hewlett Packard Enterprise Company ("HPE" or the "Company") approved declaring a cash dividend of $0.953125 per share of its 7.625% Series C Mandatory Convertible Preferred Stock, payable on June 1, 2026, to holders of record as of the close of busi…
capital allocationneutralscore 47 - 2026-04-031mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 1, 2026, at the 2026 annual meeting of stockholders (the “2026 Annual Meeting”) of Hewlett Packard Enterprise Company (the “Company”), the Company's stockholders approved an amendment (“Amendment No. 5”) to the Hewlett Packard Enterprise Company 2021 Stock Incentive Plan (the “SIP Plan”) to increase the number of shares of common stock res…
executive changeneutralscore 25 - 2026-03-092mo agoItem 2.02
and in the accompanying Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set forth by specific reference in such filing . On March 9, 2026, Hewlett Packard Enterprise Company (“HPE” or “Hewlett Packard Enterprise”) issued a press release relating…
earnings preannouncementpositivescore 18 - 2026-03-231mo agoItem 8.01
Other Events. On March 23, 2026, Hewlett Packard Enterprise Company (the “Company”) completed its previously announced underwritten public offering (the “Notes Offering”) of (i) $300,000,000 in aggregate principal amount of its Floating Rate Notes due 2028 (the “Floating Rate Notes”), (ii) $500,000,000 in aggregate principal amount of its 4.500% Notes due 2028 (the “2028 Notes”), (iii) $600,000,000 in aggregate principal amount of its 4.600% Notes due 2029 (the “2029 Notes”) and (iv) $600,000…
capital allocationneutralscore 18 - 2026-03-181mo agoItem 8.01
Other Events. On March 16, 2026, Hewlett Packard Enterprise Company (the “Company”) launched and priced an offering of $300,000,000 in aggregate principal amount of the Company’s Floating Rate Notes due 2028, $500,000,000 in aggregate principal amount of the Company’s 4.500% Notes due 2028, $600,000,000 in aggregate principal amount of the Company’s 4.600% Notes due 2029 and $600,000,000 in aggregate principal amount of the Company’s 5.250% Notes due 2033 (collectively, the “Notes”) pursuant…
capital allocationneutralscore 16
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.