HP (HPQ) Stock Overview
Provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
HPQ Community Fair Values
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Analyst Price Targets
HP Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$20.99 |
| 52 Week High | US$29.55 |
| 52 Week Low | US$17.56 |
| Beta | 1.11 |
| 1 Month Change | 12.79% |
| 3 Month Change | 6.82% |
| 1 Year Change | -20.28% |
| 3 Year Change | -28.58% |
| 5 Year Change | -35.20% |
| Change since IPO | 3,751.93% |
Recent News & Updates
Seeking Alpha • Apr 27
HP Inc.: Near 52-Week Low, 6% Yield, Valuation Attractive Amid Dynamic Memory Environment
Summary HP trades at a compelling forward P/E below 7x and offers a dividend yield above 6%, appealing to income investors with higher risk tolerance. Despite a recent double-beat in Q1, HPQ's financials have deteriorated over five years, with revenue, EPS, and operating profits all declining significantly. Muted growth is expected through 2026, with management guiding for flat to declining EPS and free cash flow and ongoing headwinds from input costs and margin pressures. I maintain a hold rating on HPQ, citing the need for sustained progress—especially in printing—before considering an upgrade, despite attractive valuation and yield. Read the full article on Seeking Alpha
Narrative Update • Apr 22
HPQ: Rising Memory Costs Will Pressure Margins And Undercut 2026 Outlook
Analysts reduced the HP price target to $16 from $18, citing concerns about rising memory costs, softer PC demand, margin pressure, and leadership uncertainty, even as they update their models to reflect current valuation metrics such as a lower assumed future P/E. Analyst Commentary Recent research on HP centers on how higher memory costs, softer PC demand, and leadership changes could weigh on the company’s ability to hit its long term earnings and free cash flow targets.
Narrative Update • Apr 08
HPQ: AI PC Refresh And Memory Costs Will Test Leadership Transition
Analysts have trimmed the base case fair value estimate for HP to $19.43 from $19.99. This reflects updated assumptions around slightly softer revenue growth, modestly better profit margins, and a lower future P/E multiple in light of recent price target cuts tied to memory cost headwinds, PC demand risks, and leadership uncertainty.Recent updates
Seeking Alpha • Apr 27
HP Inc.: Near 52-Week Low, 6% Yield, Valuation Attractive Amid Dynamic Memory Environment
Summary HP trades at a compelling forward P/E below 7x and offers a dividend yield above 6%, appealing to income investors with higher risk tolerance. Despite a recent double-beat in Q1, HPQ's financials have deteriorated over five years, with revenue, EPS, and operating profits all declining significantly. Muted growth is expected through 2026, with management guiding for flat to declining EPS and free cash flow and ongoing headwinds from input costs and margin pressures. I maintain a hold rating on HPQ, citing the need for sustained progress—especially in printing—before considering an upgrade, despite attractive valuation and yield. Read the full article on Seeking AlphaNarrative Update • Apr 22
HPQ: Rising Memory Costs Will Pressure Margins And Undercut 2026 Outlook
Analysts reduced the HP price target to $16 from $18, citing concerns about rising memory costs, softer PC demand, margin pressure, and leadership uncertainty, even as they update their models to reflect current valuation metrics such as a lower assumed future P/E. Analyst Commentary Recent research on HP centers on how higher memory costs, softer PC demand, and leadership changes could weigh on the company’s ability to hit its long term earnings and free cash flow targets.Narrative Update • Apr 08
HPQ: AI PC Refresh And Memory Costs Will Test Leadership Transition
Analysts have trimmed the base case fair value estimate for HP to $19.43 from $19.99. This reflects updated assumptions around slightly softer revenue growth, modestly better profit margins, and a lower future P/E multiple in light of recent price target cuts tied to memory cost headwinds, PC demand risks, and leadership uncertainty.
New Narrative • Apr 06
HP Inc. (HPQ): The "Intelligence Layer" Pivot in the PC Recovery
HP Inc. (HPQ) , the global leader in personal computing and printing solutions, closed the April 6, 2026, trading session at $18.94 USD on the NYSE.
Narrative Update • Mar 25
HPQ: AI PCs And Memory Sourcing Shifts Will Define Future Upside Potential
Analysts have reset expectations on HP, with the internal fair value estimate moving from about $38.00 to $25.18 as they factor in lower profit margins, a reduced future P/E of 8.8x versus 10.9x, and ongoing memory cost headwinds reflected in a string of lower price targets across the Street. Analyst Commentary Street research on HP Inc.Narrative Update • Mar 10
HPQ: AI PC Refresh And Memory Costs Will Shape Future Outcomes
Narrative Update: HP Inc. (HPQ) The updated analyst price target for HP has been reduced by about $3, with analysts pointing to lower fair value estimates, more cautious assumptions on revenue growth and profit margins, and rising memory cost headwinds as key reasons for the reset.Narrative Update • Feb 24
HPQ: Cost Restructuring And AI PC Refresh Will Support Future Upside
Analysts have reduced their average price expectations for HP. Our updated fair value estimate has eased from about $25.01 to $23.21, reflecting recent target cuts to a $20 to $26 range and concerns around memory costs and end demand.Narrative Update • Feb 10
HPQ: Memory Costs Leadership Change And AI PCs Will Shape 2026 Outlook
Analysts have trimmed their HP Inc. price targets, with our fair value estimate moving from $21.17 to $18.00 as they factor in leadership changes, expected memory cost headwinds into 2026, and more conservative revenue growth assumptions, despite slightly firmer margin expectations and a lower future P/E multiple.Narrative Update • Jan 25
HPQ: Memory Supercycle Will Pressure Margins While Cost Plan Supports Future Upside
Analysts have trimmed their HP Inc. price expectations, with the updated fair value estimate moving slightly lower to about $25.01 from $25.88 as they factor in more cautious revenue growth, a modestly higher discount rate, and recent Street target cuts related to memory cost headwinds and softer printing trends.Narrative Update • Jan 11
HPQ: Memory Cost Pressures And AI PC Push Will Shape 2026 Outlook
Analysts have trimmed their HP Inc. price targets to a range of about US$21 to US$26, reflecting updated views on fair value around US$21.17 as they factor in memory cost headwinds, softer margin expectations, and lower future P/E assumptions.Narrative Update • Dec 25
HPQ: Memory Supercycle Will Pressure Margins While Restructuring Supports Future Upside
HP Inc.'s analyst price target has edged lower by a few dollars to the mid $20s range as analysts factor in weaker printing trends, higher memory costs impacting FY26 earnings, and the need for additional cost restructuring. Analyst Commentary Street research on HP reflects a more cautious stance overall, with most firms trimming price targets into the low to mid $20s as they reassess earnings power through FY26.Narrative Update • Dec 11
HPQ: Memory Supercycle And Print Weakness Will Shape Balanced Future Returns
Analysts have trimmed their average price target on HP Inc. by about $2 to the mid $20s, as rising memory costs, a weaker printing outlook, and the resulting $1B cost restructuring plan temper the benefit of slightly better expected revenue growth and broadly stable margins.Analysis Article • Nov 28
HP Inc. (NYSE:HPQ) Just Reported, And Analysts Assigned A US$25.88 Price Target
As you might know, HP Inc. ( NYSE:HPQ ) recently reported its annual numbers. Results were roughly in line with...Narrative Update • Nov 27
HPQ: Supply Pressures And Competitive Threats Will Offset Personal Computer Resilience
HP’s analyst price target has moved lower, dropping from $28 to $25. Analysts cite supply challenges, particularly rising memory costs and a weaker outlook for the company’s printing segment.Narrative Update • Nov 12
HPQ: Commercial PC Strength Will Drive Outperformance Even Amidst Rising Risks
HP's analyst price target saw a modest reduction to $27 from $28, reflecting analysts' view that while the company delivered in-line Q3 performance, gross margins remain pressured by elevated tariff costs and a less favorable product mix. Analyst Commentary Recent commentary from Street researchers on HP Inc.Narrative Update • Oct 29
AI Demand And Margin Pressures Will Shape Performance Amid Digital Sector Shifts
Analysts have slightly lowered their price target for HP Inc. to $27 from $28.Narrative Update • Oct 15
AI Computing And Digital Services Will Drive Future Market Expansion
Analysts have modestly increased their fair value estimate for HP to $28.28 per share, citing a slightly improved revenue growth outlook. However, they continue to expect stable profit margins and valuation multiples in light of recent sector trends.Narrative Update • Aug 29
AI And Software Investments Will Build Intelligent Ecosystem Across Devices
Despite a modest decline in HP’s consensus revenue growth forecast, a higher future P/E ratio suggests increased investor optimism, resulting in a slight upward revision of the analyst price target to $27.73. What's in the News HP issued Q4 FY25 GAAP diluted net EPS guidance of $0.75 to $0.85.Analysis Article • Jul 11
Take Care Before Diving Into The Deep End On HP Inc. (NYSE:HPQ)
HP Inc.'s ( NYSE:HPQ ) price-to-earnings (or "P/E") ratio of 9.6x might make it look like a buy right now compared to...Analysis Article • May 29
Has The Profit Forecast Cut Redefined HP’s Investment Narrative?
HP cut its annual profit forecast for fiscal 2025, attributing the change to higher tariffs and inflationary pressures that have weakened demand for personal computers, with quarterly results missing analyst expectations. The company accelerated production shifts to Vietnam, Thailand, India, Mexico, and the US to mitigate tariff risks, expecting nearly all North American products to be built outside China by June. We'll examine how tariff-driven margin pressures may alter HP's long-term investmeSeeking Alpha • Mar 11
HP: Still In Hibernation
Summary HPQ shares dropped 7% post Q1 FY 2025 results due to weaker-than-expected Q2 EPS guidance and flat revenue and EPS growth projections. Management's Q2 EPS guidance of $0.75–$0.85 fell short of consensus, raising concerns over HP's ability to reaccelerate growth amid market challenges. Despite cost-saving initiatives, investors should be prepared that mounting component expenses and the ongoing risk of U.S. tariffs on Chinese imports continue to tighten margin. Based on my valuation framework—which uses consensus estimates through 2027—HP shares currently trade at roughly a 24% discount to fair value. Read the full article on Seeking AlphaSeeking Alpha • Feb 25
HP: A Strong Buy That Everyone's Sleeping On
Summary HP is undervalued at $34.6 per share, with strong cash flow, aggressive stock buybacks, and a solid dividend yield of 3.22%. The market overlooks HP's profitable printing segment and AI investments, including a $116 million acquisition of Humane’s AI technology. Risks include staying relevant in fast-changing tech, supply chain issues, economic downturns, and fierce competition in PCs and printers. Despite challenges, HP's strong cash flow, buybacks, and AI push make it a "Strong Buy" with a 12-24 month target of $42-$50. Read the full article on Seeking AlphaSeeking Alpha • Feb 16
HP: Q1 Earnings Preview, Sentiment Low With AI PCs A Potential Catalyst For Growth In 2025
Summary HP is positioned for a potential rebound in 2025 due to Windows 10's end-of-life and the rise of AI PCs. Despite recent underperformance compared to competitors, HP is undervalued, presenting a buying opportunity ahead of earnings. EPS estimates are pessimistic ahead of earnings, low expectations set the stage for potential upside surprise. AI PCs could drive future growth, but their impact remains uncertain; HP's shift in production to Thailand mitigates some geopolitical risks. Overall, HP is a buy with caveats, especially considering the expected uptick in PC replacements and potential AI-driven market changes. Read the full article on Seeking AlphaShareholder Returns
| HPQ | US Tech | US Market | |
|---|---|---|---|
| 7D | 0.6% | 7.9% | 3.2% |
| 1Y | -20.3% | 61.5% | 31.0% |
Return vs Industry: HPQ underperformed the US Tech industry which returned 61.5% over the past year.
Return vs Market: HPQ underperformed the US Market which returned 31% over the past year.
Price Volatility
| HPQ volatility | |
|---|---|
| HPQ Average Weekly Movement | 4.9% |
| Tech Industry Average Movement | 10.3% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: HPQ has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HPQ's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1939 | 55,000 | Bruce Broussard | www.hp.com |
HP Inc. provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktops and notebooks, workstations, thin clients, retail point-of-sale systems, displays, software, hybrid systems, and endpoint security and services, as well as lifecycle services, including support and deployment, configurations, and extended warranty services.
HP Inc. Fundamentals Summary
| HPQ fundamental statistics | |
|---|---|
| Market cap | US$19.58b |
| Earnings (TTM) | US$2.51b |
| Revenue (TTM) | US$56.23b |
7.7x
P/E Ratio0.3x
P/S RatioIs HPQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HPQ income statement (TTM) | |
|---|---|
| Revenue | US$56.23b |
| Cost of Revenue | US$44.84b |
| Gross Profit | US$11.39b |
| Other Expenses | US$8.88b |
| Earnings | US$2.51b |
Last Reported Earnings
Jan 31, 2026
Next Earnings Date
May 27, 2026
| Earnings per share (EPS) | 2.74 |
| Gross Margin | 20.25% |
| Net Profit Margin | 4.46% |
| Debt/Equity Ratio | -1,266.2% |
How did HPQ perform over the long term?
See historical performance and comparisonDividends
5.7%
Current Dividend Yield44%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 22:51 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2025/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
HP Inc. is covered by 48 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Jayson Noland | Baird |
| Benjamin Reitzes | Barclays |