HP Inc. (NYSE:HPQ) Receives $21.58 Average PT from Analysts

HP Inc. (NYSE:HPQ) has been given a consensus recommendation of “Reduce” by the seventeen brokerages that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $21.5833.

A number of equities research analysts recently weighed in on the stock. Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. UBS Group decreased their price objective on shares of HP from $26.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Bank of America reiterated an “underperform” rating and set a $20.00 price objective (down from $26.00) on shares of HP in a report on Tuesday, February 3rd. Citigroup decreased their price objective on shares of HP from $22.00 to $20.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of HP in a report on Monday, May 4th.

Institutional Investors Weigh In On HP

Large investors have recently modified their holdings of the business. Garner Asset Management Corp bought a new stake in shares of HP in the 4th quarter valued at about $25,000. Flagship Harbor Advisors LLC bought a new stake in shares of HP in the 4th quarter valued at about $26,000. SHP Wealth Management bought a new stake in shares of HP in the 4th quarter valued at about $26,000. Sound Income Strategies LLC raised its holdings in shares of HP by 97.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock valued at $27,000 after purchasing an additional 646 shares in the last quarter. Finally, Westfuller Advisors LLC bought a new stake in shares of HP in the 3rd quarter valued at about $28,000. Institutional investors own 77.53% of the company’s stock.

HP Price Performance

Shares of HPQ opened at $20.97 on Wednesday. HP has a 1-year low of $17.56 and a 1-year high of $29.55. The company has a 50-day moving average of $19.68 and a 200 day moving average of $21.23. The firm has a market capitalization of $19.18 billion, a price-to-earnings ratio of 7.94, a PEG ratio of 5.81 and a beta of 1.09.

HP (NYSE:HPQ) last announced its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. HP had a net margin of 4.46% and a negative return on equity of 367.41%. The company had revenue of $14.44 billion during the quarter, compared to analyst estimates of $13.87 billion. During the same quarter last year, the business posted $0.74 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, equities analysts anticipate that HP will post 2.84 earnings per share for the current fiscal year.

HP Company Profile

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.