HP Inc. (NYSE:HPQ) Receives Consensus Rating of “Hold” from Analysts

HP Inc. (NYSE:HPQ) has received an average recommendation of “Hold” from the sixteen research firms that are covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $25.7692.

A number of brokerages have issued reports on HPQ. JPMorgan Chase & Co. raised their price objective on shares of HP from $22.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Morgan Stanley decreased their price objective on HP from $19.00 to $17.00 and set an “underweight” rating for the company in a research note on Monday, August 24th. TD Cowen upped their price objective on HP from $26.00 to $30.00 and gave the company a “hold” rating in a report on Thursday, August 27th. Bank of America reissued an “underperform” rating on shares of HP in a research note on Thursday, August 27th. Finally, UBS Group raised their target price on HP from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th.

Insider Buying and Selling at HP

In related news, insider David McQuarrie sold 21,048 shares of HP stock in a transaction that occurred 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 transaction, the insider owned 39,580 shares of the company’s stock, valued at $1,186,608.40. This trade represents a 34.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 42,096 shares of company stock valued at $1,218,890. Company insiders own 0.18% of the company’s stock.

Institutional Investors Weigh In On HP

Hedge funds have recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its position in shares of HP by 1.7% during the second quarter. The Manufacturers Life Insurance Company now owns 706,270 shares of the computer maker’s stock worth $15,496,000 after purchasing an additional 11,863 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of HP by 2.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 35,392 shares of the computer maker’s stock valued at $777,000 after buying an additional 955 shares in the last quarter. MCF Advisors LLC raised its stake in HP by 149.0% during the 2nd quarter. MCF Advisors LLC now owns 1,337 shares of the computer maker’s stock worth $29,000 after buying an additional 800 shares during the period. Engineers Gate Manager LP acquired a new stake in HP during the 2nd quarter worth $3,973,000. Finally, Cidel Asset Management Inc. lifted its holdings in HP by 9.4% during the second quarter. Cidel Asset Management Inc. now owns 25,501 shares of the computer maker’s stock worth $559,000 after acquiring an additional 2,197 shares in the last quarter. 77.53% of the stock is currently owned by institutional investors and hedge funds.

HP Stock Down 4.1%

Shares of HPQ stock opened at $33.00 on Tuesday. The stock has a 50-day moving average price of $29.49 and a 200 day moving average price of $24.36. The firm has a market cap of $29.76 billion, a price-to-earnings ratio of 12.60, a PEG ratio of 1.79 and a beta of 1.18. HP has a 12 month low of $17.56 and a 12 month high of $36.22.

HP (NYSE:HPQ) last released its 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. HP had a net margin of 4.14% and a negative return on equity of 947.78%. The company had revenue of $15.68 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same period in the prior year, the company posted $0.75 EPS. The company’s revenue was up 12.5% compared to the same quarter last year. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Sell-side analysts predict that HP will post 3.23 earnings per share for the current fiscal year.

Key Stories Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP introduced the HP Googlebook 14, a premium 14-inch laptop featuring a Snapdragon X Elite processor, 3K OLED touchscreen, 5MP camera and Android-device integration. The product could support HP’s premium-device strategy, although its near-term financial impact is uncertain. HP Googlebook 14 announcement
• Neutral Sentiment: HP said it remains in the planning process for fiscal 2027 and is withholding specific annual financial guidance. While this does not confirm a decline in earnings, the lack of an outlook reduces visibility for investors and makes valuation harder to assess. HP fiscal 2027 outlook
• Negative Sentiment: HP expects global PC unit volumes to decline by a mid-single-digit percentage in fiscal 2027. The forecast suggests the PC slump may persist into next year, weighing on sales growth and demand expectations. HP warns of declining PC sales
• Negative Sentiment: HP also cited rising component costs, creating potential pressure on gross margins if the company cannot fully pass higher expenses on to customers. The combination of weaker unit volumes and margin risk threatens fiscal 2027 earnings expectations.
• Negative Sentiment: Morgan Stanley cautioned that HP’s multi-year-high valuation does not fully reflect the risks from unit declines and margin compression. That assessment adds downside pressure because investors may reassess the stock’s earnings multiple while forward guidance is unavailable. Morgan Stanley assessment of HP valuation

About HP

HP Inc is a global technology company that develops and sells personal computing and printing products and related services. Its Personal Systems business offers laptops, desktop computers, workstations, gaming PCs, monitors, peripherals and accessories for consumers, businesses and public-sector organizations.

Through its Printing business, HP provides home and office printers, commercial printing systems, supplies such as ink and toner, and managed print services. The company also offers software and solutions designed to support device management, security, productivity and digital workflows.

HP serves customers in markets around the world through direct sales, online channels, retailers, distributors and business partners.