From Yahoo Finance: 2025-06-04 13:25:00

Hewlett Packard Enterprise (HPE) faces a challenging summer with cost-cutting, a DOJ battle, and talks with activist investor Elliott Management. CEO Antonio Neri is confident. Server business stabilized, but margins dropped to 5.9%. Layoffs expected to save $350 million. Trial against DOJ for blocked Juniper Networks deal looms.

DOJ lawsuit outcome could impact HPE’s response to Elliott Management. Elliott’s intentions unclear. HPE has cash for buybacks if Juniper deal fails. Analysts eye potential capital return and portfolio actions. Company in transition with focus on cost efficiency. Investors watching closely for further developments.

Read more: The DOJ’s thesis is ‘flawed’