HP (NYSE:HPQ) Updates Q4 2026 Earnings Guidance

HP (NYSE:HPQ) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.690-0.790 for the period, compared to the consensus earnings per share estimate of 0.670. The company issued revenue guidance of -. HP also updated its FY 2026 guidance to 3.190-3.290 EPS.

Analysts Set New Price Targets

A number of equities analysts have recently commented on HPQ shares. Evercore set a $32.00 price target on HP in a report on Monday. Weiss Ratings raised HP from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 6th. Barclays raised their target price on HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, May 28th. The Goldman Sachs Group upped their price target on HP from $19.00 to $21.00 and gave the company a “sell” rating in a research report on Wednesday, August 12th. Finally, TD Cowen increased their price target on shares of HP from $20.00 to $26.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $24.17.

HP Price Performance

NYSE HPQ traded up $1.10 during trading on Wednesday, reaching $30.62. The company’s stock had a trading volume of 21,261,047 shares, compared to its average volume of 18,302,463. The firm has a fifty day moving average of $25.96 and a 200 day moving average of $22.55. HP has a one year low of $17.56 and a one year high of $32.19. The stock has a market capitalization of $28.00 billion, a PE ratio of 11.30, a P/E/G ratio of 4.74 and a beta of 1.17.

HP (NYSE:HPQ) last issued its quarterly earnings results on Wednesday, August 26th. The computer maker reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.17. The firm had revenue of $15.68 billion during the quarter, compared to the consensus estimate of $14.44 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Research analysts expect that HP will post 3.03 earnings per share for the current fiscal year.

HP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 9th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, September 9th. HP’s payout ratio is currently 44.28%.

Insider Buying and Selling at HP

In other news, insider David P. Mcquarrie sold 21,048 shares of HP stock in a transaction on Friday, August 7th. The shares were sold at an average price of $29.98, for a total transaction of $631,019.04. Following the completion of the sale, the insider directly owned 39,580 shares of the company’s stock, valued at approximately $1,186,608.40. The trade was a 34.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 52,620 shares of company stock worth $1,478,622. Company insiders own 0.18% of the company’s stock.

More HP News

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP signed a multi-year, global cross-licensing agreement with Huawei covering certain Wi-Fi patents. The deal could provide HP access to useful connectivity technology and helped improve sentiment despite Huawei’s presence on the U.S. entity list. HP partners with U.S.-blacklisted Huawei for licensing the Chinese company’s WiFi tech
• Positive Sentiment: The earnings preview highlights continued PC demand and potential revenue growth, with analysts forecasting approximately $14.39 billion in quarterly revenue. Investors are also watching whether pricing and margin performance can offset industry pressures. HP Q3 2026 earnings preview
• Neutral Sentiment: HP was scheduled to report fiscal third-quarter results after the market close on Aug. 26. Analysts expected earnings of about $0.66 per share, and the company had declared a quarterly dividend of $0.30 per share. The report and management’s outlook are the next major catalysts. HP likely to report lower Q3 earnings
• Neutral Sentiment: Options traders are positioning for a potentially large move around earnings, indicating elevated uncertainty rather than a clear directional view. HP earnings preview: Options traders brace for big move
• Negative Sentiment: Analysts were expecting lower fiscal third-quarter earnings than the prior-year period, creating downside risk if HP misses estimates or gives a weaker outlook. Unusually heavy trading in long-dated HPQ put options also signals that some investors are hedging against longer-term weakness. HP results and unusual options activity

Institutional Investors Weigh In On HP

Hedge funds have recently added to or reduced their stakes in the company. DV Equities LLC purchased a new position in shares of HP in the 4th quarter worth about $29,000. JPL Wealth Management LLC purchased a new position in shares of HP during the 3rd quarter valued at about $43,000. Wilkerson Advisory Group LLC bought a new stake in HP in the 4th quarter worth approximately $41,000. Platinum Investment Management Ltd. purchased a new stake in HP in the fourth quarter worth approximately $59,000. Finally, MUFG Securities EMEA plc purchased a new stake in HP in the second quarter worth approximately $68,000. Institutional investors own 77.53% of the company’s stock.

About HP

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.