This was the stock's second consecutive day of losses.

Hewlett Packard Enterprise ( HPE -15.84%) stock collapsed in a 15.2% rout (through 9:50 a.m. ET) this morning after reporting mixed earnings last night, and forecasting a significantly worse 2025 than most Wall Street analysts had been expecting.

Hewlett Packard Enterprise Company’s HPE share price has dipped by 11.97%, which has investors questioning if this is right time to buy.

The stock of Hewlett Packard Enterprise (HPE) is down 17% after the information technology (IT) company reported mixed financials results and

The technology company in recent years relocated its corporate headquarters from Silicon Valley to the Houston area.

The stock's rise snapped a three-day losing streak.

Spring-based Hewlett Packard Enterprise has revealed it is set to lay off an estimated 2,500 workers following disappointing economic performance. The company—which employs about 2,000 people in the Houston area— announced it would reduce operating costs by cutting about 5 percent of its workforce through layoffs and attrition over the next 18 months.