Hewlett Packard Enterprise Shares Drop 15% on Weak Outlook, Juniper Deal Faces DOJ Challenge
Hewlett Packard shares fell sharply on Friday after the company issued lower-than-expected earnings guidance and revenue forecasts, citing challenges from tariffs, pricing pressure, and high AI inventory levels. The stock declined $2.77, or 15.4%, to $15.19 as of 1:32 p.m. GMT-5 on Friday. HPE's business expected adjusted earnings per share of $0.28 to $0.34, missing the $7.94 billion estimate.
- The escalating tensions between HPE and the DOJ over the Juniper Networks merger highlight the complex web of regulatory challenges facing corporate deals in highly competitive industries.
- How will HPE's ability to navigate these regulatory hurdles impact its long-term competitiveness and ability to deliver on its promised synergies from the acquisition?