By Ali Ahmed
Publication Date: 2026-03-18 16:23:00
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the 11 Best Tech Stocks Under $50 to Buy Now. On March 11, Bernstein SocGen Group reiterated its Market Perform rating on Hewlett Packard Enterprise Company (NYSE:HPE) with a $24 price target. This update came after the company reported its first quarter fiscal 2026 results.
Hewlett Packard Enterprise Company (NYSE:HPE) reported non-GAAP earnings per share of $0.65, slightly above market expectations. The company’s revenue was roughly in line with consensus estimates. Hewlett Packard Enterprise Company (NYSE:HPE) raised its non-GAAP EPS guidance for fiscal 2026 by $0.05, and now expects it to be between $2.30 and $2.50.
The company’s management also slightly raised its expectations for network revenue growth. However, Hewlett Packard Enterprise Company (NYSE:HPE) lowered its guidance on cloud and AI due to higher memory and supply prices…
