HPE Q3 Earnings Preview: Anticipating Stock Movements

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Hewlett Packard Enterprise (HPE) is set to report its third-quarter fiscal 2026 results on September 2, after market close. The company anticipates revenues between $11.5 billion and $12.1 billion, with the Zacks Consensus Estimate at $12.1 billion, reflecting a projected growth of approximately 32% from the prior year’s quarter.

HPE expects non-GAAP earnings per share in the range of 88-93 cents, while the Zacks Consensus Estimate stands at 94 cents, indicating a 113.6% increase year over year. The company has consistently surpassed earnings estimates across the past four quarters, with an average surprise of 16%.

Factors influencing HPE’s performance include an ongoing shift towards higher-value networking, cloud, and AI solutions, alongside growing demand in AI infrastructure. HPE’s share price has increased by 126.6% year-to-date, outpacing the Zacks Computer – Integrated Systems industry growth of 103.3%.

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