Hewlett Packard Enterprise (HPE) has been in various investment highlights as it continues to show strong trading despite lagging behind the market in some areas. The company boasts substantial investments from various firms including
Van ECK Associates and the
National Bank of Canada FI. Recent financial analysis suggest HPE’s shares are >bundervalued by 38%. Furthermore, rumors of HPE nearing a
$13 billion deal to acquire Juniper Networks are circulating. Institutional ownership remains strong with 82-83%. Nevertheless, HPE’s 2024 fiscal outlook disappointed investors leading to a fall in shares. Moreover, HPE’s stock took a hit due to big revenue decline and lower than expected Q1 sales and guidance. The company also reported a breach by Russian hackers known as 'Cozy Bear'. On a positive note, HPE continues to expand, launching the latest
Wi-Fi 7 APs and entering into a global alliance and private 5G network service collaboration with
Kyndryl. The company also debuted an end-to-end AI-Native Portfolio for Generative AI.
Hewlett Packard Enterprise Company HPE News Analytics from Sun, 19 Nov 2023 15:52:21 GMT to Fri, 10 May 2024 09:43:06 GMT -
Rating 0
- Innovation 2
- Information 7
- Rumor -1
