Hewlett Packard Enterprise

Hewlett Packard Enterprise posted Q4 revenue of $9.68 billion, up 14% YoY but short of the $9.94 billion forecast, while adjusted earnings beat expectations at $0.62 per share. Server revenue fell 5% to $4.46 billion, reflecting delayed AI‑server shipments and weaker government spending. The company reaffirmed FY 2026 revenue growth of 17‑22% yet gave a subdued Q1 outlook of $9.0‑$9.4 billion. AI orders reached $1.9 billion, but demand is uneven, and component cost pressures persist. The Juniper Networks acquisition strengthens HPE’s networking portfolio as it pivots toward AI‑optimized infrastructure.

HPE shares fell 8% premarket after FY26 guidance disappointed, projecting adjusted EPS of $2.20-$2.40 versus the $2.40 consensus. Revenue growth is expected between 5%-10%, below the anticipated 17%. CEO Neri cited the Juniper Networks acquisition integration timeline, aiming for transparency. HPE focuses on networking through the Juniper acquisition and AI capabilities, targeting government and enterprise clients. The board approved an additional $3B in share buybacks, signaling confidence. A 5% workforce reduction was announced earlier. Analysts are monitoring Juniper integration and AI revenue growth.