HP (NYSE:HPQ) Updates Q1 2026 Earnings Guidance

HP (NYSE:HPQ) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.730-0.810 for the period, compared to the consensus earnings per share estimate of 0.770. The company issued revenue guidance of -. HP also updated its FY 2026 guidance to 2.900-3.200 EPS.

HP Price Performance

Shares of NYSE:HPQ opened at $19.78 on Tuesday. The business’s 50 day moving average price is $22.49 and its 200-day moving average price is $25.21. HP has a 1 year low of $18.93 and a 1 year high of $35.28. The firm has a market capitalization of $18.15 billion, a price-to-earnings ratio of 7.46, a price-to-earnings-growth ratio of 3.61 and a beta of 1.21.

HP (NYSE:HPQ) last posted its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. On average, sell-side analysts expect that HP will post 3.56 earnings per share for the current year.

HP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, March 11th. HP’s payout ratio is presently 45.28%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Argus raised HP to a “strong-buy” rating in a report on Tuesday, December 2nd. HSBC set a $30.00 price target on HP and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Weiss Ratings restated a “hold (c)” rating on shares of HP in a report on Thursday, January 22nd. The Goldman Sachs Group cut shares of HP from a “neutral” rating to a “sell” rating and set a $21.00 target price on the stock. in a research note on Tuesday, January 13th. Finally, Barclays reissued an “underweight” rating and issued a $18.00 target price (down from $24.00) on shares of HP in a research note on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $24.77.

Insider Activity

In other news, CEO Enrique Lores sold 41,922 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.00, for a total value of $1,089,972.00. Following the transaction, the chief executive officer directly owned 141,456 shares in the company, valued at approximately $3,677,856. This represents a 22.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Anneliese Olson sold 16,726 shares of HP stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $24.83, for a total transaction of $415,306.58. Following the completion of the sale, the insider owned 169 shares of the company’s stock, valued at $4,196.27. This trade represents a 99.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 91,969 shares of company stock valued at $2,277,993. 0.38% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On HP

Hedge funds have recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new position in HP during the 3rd quarter worth approximately $43,000. MUFG Securities EMEA plc purchased a new position in HP in the second quarter valued at $68,000. Turning Point Benefit Group Inc. acquired a new stake in HP in the third quarter valued at $104,000. Geneos Wealth Management Inc. boosted its position in shares of HP by 28.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 6,493 shares of the computer maker’s stock worth $159,000 after acquiring an additional 1,426 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of HP by 17.0% in the 3rd quarter. Larson Financial Group LLC now owns 7,771 shares of the computer maker’s stock valued at $212,000 after acquiring an additional 1,127 shares during the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

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.