Latest news with #HewlettPackardEnterprise
Yahoo
5 days ago
- Business
- Yahoo
Dell and HPE Shares Fall After Super Micro's Weak Earnings Shake AI Server Sector
Aug 6 - Super Micro Computer (NASDAQ:SMCI) rattled tech investors after its earnings fell short of expectations, dragging its stock down 17% and hitting other server makers. Dell Technologies (NYSE:DELL) dropped nearly 3% Wednesday morning, and Hewlett Packard Enterprise (NYSE:HPE) slipped 1.5%, as Wall Street digested SMCI's weak quarterly results and downbeat outlook. The San Jose-based AI server player missed both revenue and profit estimates for its fourth quarter. Adding to investor worries, Super Micro issued disappointing guidance for the current quarter, forecasting earnings between $0.40 and $0.52 per share, well below the $0.59 consensus. Revenue guidance landed between $6 billion and $7 billion, again shy of expectations. Warning! GuruFocus has detected 1 Warning Sign with HLNE. Even its full-year 2026 revenue outlook, though above analyst targets at $33 billion, represented a sharp drop from its previous $40 billion projection in February. That miss could signal trouble holding market share against larger rivals. Conversely, Dell has recently projected a higher profitability in the full year and HPE exceeded expectations in the recent quarter both of which indicate that they are absorbing some of the pie of the AI servers market that is normally held by Super Micro. Under the pressure of more intense competition, every one awaits how SMCI would respond to its peer pressure of larger rivals. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
HPE introduces new AI security and data protection offerings
Hewlett Packard Enterprise (HPE) has announced a series of advancements in cybersecurity, data protection, and network security solutions at the Black Hat USA conference. According to the company, these updates are aimed at enhancing the security and resiliency capabilities for enterprises navigating an increasingly complex threat landscape. HPE is integrating AI-driven insights into its network security offerings with the introduction of a new SASE copilot for HPE Aruba Networking EdgeConnect. This feature provides detailed analytics on network activity, identifies security gaps, and more, said the company. Additionally, HPE Aruba Networking Central NAC is expanding its zero trust policy enforcement to include both HPE Juniper Networking and third-party devices. This expansion is expected to enhance overall network security capabilities. In terms of data protection, HPE is introducing the Alletra Storage MP X10000. This data protection solution optimises software-defined, scale-out, all-flash object storage for enhanced performance in AI environments. It aims to set a new standard as the world's fastest enterprise backup storage by delivering rapid backup and recovery times critical in sectors like healthcare and finance. HPE Zerto Software is also evolving with a new integration hub allowing third-party applications to leverage its data management capabilities. CrowdStrike is the exclusive launch partner, offering enhanced recovery options against cyber threats through this collaboration. The integration will enable users to connect HPE Zerto with cybersecurity software to improve threat detection and streamline disaster recovery processes. HPE networking senior vice president and SASE & Security general manager David Hughes said: 'With the rise in both the volume and sophistication of cyber threats, organisations need advanced solutions to mitigate risk, defend against attacks and build resiliency, across their entire IT estate. 'HPE's security solutions are designed to enable a multi-layered, zero-trust approach to protection, including AI-driven capabilities for continuous validation, anomaly detection, and automated remediation.' In July 2025, HPE completed its previously announced $14bn acquisition of Juniper Networks. The deal is expected to help HPE expand its presence in the AI and hybrid cloud markets. Furthermore, the acquisition effectively doubles the size of HPE's networking division and enriches its portfolio with cloud-native and AI-driven IT solutions. "HPE introduces new AI security and data protection offerings" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Bloomberg
01-08-2025
- Business
- Bloomberg
DOJ Watchdog Urged by Senators to Probe HPE-Juniper Deal
By Updated on Save Four top Senate Democrats urged the Justice Department's watchdog to investigate an antitrust settlement over Hewlett-Packard Enterprise and Juniper Networks Inc. In a letter to Acting Inspector General William Blier, the senators said the circumstances of the settlement point 'to possible politicization of the process' by which the Justice Department analyzes mergers and asked him to open an investigation.
Bloomberg
01-08-2025
- Politics
- Bloomberg
DOJ Watchdog Urged by Senators to Probe HPE-Juniper Settlement
Four top Senate Democrats urged the Justice Department's watchdog to investigate an antitrust settlement over Hewlett-Packard Enterprise and Juniper Networks Inc. In a letter to Acting Inspector General William Blier, the senators said the circumstances of the settlement point 'to possible politicization of the process' by which the Justice Department analyzes mergers and asked him to open an investigation.
Yahoo
31-07-2025
- Business
- Yahoo
What Are Wall Street Analysts' Target Price for Hewlett Packard Enterprise Stock?
Spring, Texas-based Hewlett Packard Enterprise Company (HPE) delivers solutions that allow customers to capture, analyze, and act upon data seamlessly. Valued at $27.4 billion by market cap, the company provides servers, advanced storage products, high-performance computing, AI-driven platforms, and more. Shares of this global technology leader have underperformed the broader market over the past year. HPE has gained 9.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17%. In 2025, HPE stock is down 2.2%, compared to SPX's 8.2% rise on a YTD basis. More News from Barchart Morgan Stanley Says Nvidia Has 'Exceptional' Strength. Should You Buy NVDA Stock Here? Dear MicroStrategy Stock Fans, Mark Your Calendars for July 31 2 Growth Stocks Wall Street Predicts Will Soar 74% to 159% Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Narrowing the focus, HPE's underperformance is also apparent compared to the Technology Select Sector SPDR Fund (XLK). The exchange-traded fund has gained about 26.1% over the past year. Moreover, XLK's 13.8% gains on a YTD basis outshine the stock's single-digit dip over the same time frame. HPE's underperformance stems from execution issues in the server segment and industry-wide challenges, including tariff uncertainty, evolving AI policies, and shifting demand patterns that affect order visibility. The company has implemented corrective measures, including pricing adjustments and inventory reductions. On Jun. 3, HPE shares closed up more than 2% after reporting its Q2 results. Its adjusted EPS came in at $0.38, down 9.5% year-over-year. The company's revenue totaled $7.6 billion, representing a 5.9% year-over-year increase. The company expects full-year adjusted EPS in the range of $1.78 to $1.90. For the current fiscal year, ending in October, analysts expect HPE's EPS to decline 9.3% to $1.57 on a diluted basis. The company's earnings surprise history is mixed. It beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion. Among the 18 analysts covering HPE stock, the consensus is a 'Moderate Buy.' That's based on eight 'Strong Buy' ratings, one 'Moderate Buy,' and nine 'Holds.' This configuration is more bullish than a month ago, with six analysts suggesting a 'Strong Buy.' On Jul. 24, Citigroup Inc. (C) resumed coverage of HPE with a 'Buy' rating with a $25 price target, implying a potential upside of 19.2% from current levels. The mean price target of $23.40 represents an 11.5% premium to HPE's current price levels. The Street-high price target of $30 suggests an ambitious upside potential of 43%. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
