HPE Revises Revenue Forecast After Juniper Acquisition, Shares Drop 9%
Hewlett Packard Enterprise has amended its financial forecast following a 9% stock drop, clarifying that its Fiscal Year 2026 revenue growth will reach 17-22% rather than the initially reported 5-10%. CEO Antonio Neri attributed the confusion to a “scrivener’s error” in how Juniper Networks results were incorporated.
HPE Clarifies Financial Outlook After Stock Decline
Hewlett Packard Enterprise has moved to clarify its revenue growth projections for Fiscal Year 2026 after company shares dropped approximately 9 percent to $22.75, according to reports from financial analysts. The technology firm filed an amended 8K with the U.S. Securities and Exchange Commission Thursday to correct what it described as a “scrivener’s error” in its initial forecast.