HPE stock falls 11% despite beating revenue expectations, underperforming rivals and the market.

From NASDAQ: 2025-03-24 04:30:00

Hewlett Packard Enterprise Company (HPE) is a global edge-to-cloud company with a market cap of $21.1 billion. Operating through five key segments, it offers a wide range of products and services to commercial and large enterprise clients globally. Despite surpassing Q1 revenue expectations, HPE shares fell over 11% due to missed EPS estimates and lower guidance for Q2.

HPE stock has declined 34.9% from its 52-week high, lagging behind the Technology Select Sector SPDR Fund’s dip. The company has dropped 24.8% on a YTD basis and 6.7% over the past 52 weeks, underperforming its rivals. Analysts are moderately optimistic about HPE’s prospects, with a consensus rating of “Moderate Buy” and a stock trading below the mean price target of $19.86.



Read more at NASDAQ: Hewlett Packard Enterprise Stock: Is HPE Underperforming the Technology Sector?