HPE Stock Plunges After Earnings. ‘Poor Execution’ Is to Blame, Analysts Say. - Barron's
1. HPE's first-quarter earnings missed expectations, showing poor execution. 2. Analysts cut price targets significantly, indicating concerns on revenue recovery. 3. Pricing pressure from aggressive discounting on servers impacted margins negatively. 4. Evercore ISI cites challenges in AI server segment as major headwinds. 5. Shares dropped 20% in premarket trading, reflecting market's negative sentiment.