HP Inc

HP Inc Stock Forecast & Price Prediction

Live HP Inc Stock (HPQ) Price
$36.91

18

Ratings

  • Buy 12
  • Hold 6
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$36.91

P/E Ratio

12.86

Volume Traded Today

$9.6M

Dividend

$0.2756

52 Week High/low

39.52/27.01

HP Inc Market Cap

$35.56B

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HPQ Summary

The HP Inc (HPQ) share price is expected to decrease by 4.36% over the next year. This is based on calculating the average 12-month share price estimate provided by 18 stock analysts who have covered HPQ. Price targets range from $30 at the low end to $40 at the high end. The current analyst consensus for HPQ is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

HPQ Analyst Ratings

About 18 Wall Street analysts have assigned HPQ 12 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect HP Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HPQ. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

HPQ stock forecast by analyst

These are the latest 20 analyst ratings of HPQ.

Analyst/Firm

Rating

Price Target

Change

Date

Asiya Merchant
Citigroup

Neutral

$37

Downgrade

Oct 1, 2024
Wamsi Mohan
B of A Securities

Neutral

$37

Downgrade

Sep 27, 2024
Ananda Baruah
Loop Capital

Hold

$35

Maintains

Sep 5, 2024
David Vogt
UBS

Neutral

$37

Maintains

Aug 29, 2024
Tim Long
Barclays

Equal-Weight

$32

Maintains

Aug 29, 2024
Erik Woodring
Morgan Stanley

Equal-Weight

$36

Maintains

Aug 29, 2024
Erik Woodring
Morgan Stanley

Equal-Weight

$37

Downgrade

Aug 19, 2024
Samik Chatterjee
JP Morgan

Overweight

$38

Maintains

May 30, 2024
Wamsi Mohan
B of A Securities

Buy

$37

Maintains

May 30, 2024
Asiya Merchant
Citigroup

Buy

$37

Maintains

May 30, 2024
David Vogt
UBS

Neutral

$34

Maintains

May 30, 2024
Erik Woodring
Morgan Stanley

Overweight

$37

Maintains

May 30, 2024
Krish Sankar
TD Cowen

Hold

$32

Maintains

May 30, 2024
Aaron Rakers
Wells Fargo

Underweight

$30

Maintains

May 30, 2024
Tim Long
Barclays

Equal-Weight

$33

Maintains

May 30, 2024
Tim Long
Barclays

Equal-Weight

$30

Upgrade

May 21, 2024
Wamsi Mohan
B of A Securities

Buy

$35

Maintains

May 16, 2024
Tim Long
Barclays

Underweight

$24

Maintains

Feb 29, 2024
Stephen Bersey
HSBC

Buy

$33

Upgrade

Feb 14, 2024
Erik Woodring
Morgan Stanley

Overweight

$35

Upgrade

Dec 12, 2023

HPQ Company Information

What They Do: Provides personal computing and printing solutions.

Business Model: HP Inc. generates revenue through three main segments: Personal Systems, which includes desktops, notebooks, and commercial mobility devices; Printing, which offers printers and related supplies; and Corporate Investments, focusing on business incubation. The company serves a diverse customer base from individual consumers to large enterprises across various sectors.

Other Information: Founded in 1939 and headquartered in Palo Alto, California, HP Inc. was previously known as Hewlett-Packard Company until 2015. The company emphasizes innovation in graphics, 3D printing, and personalization solutions, positioning itself as a leader in both consumer and commercial markets.
HPQ
HP Inc (HPQ)

When did it IPO

1962

Staff Count

58,000

Country

United States

Sector/Industry

Technology/Computer Hardware

CEO

Mr. Enrique J. Lores

Market Cap

$35.56B

HP Inc (HPQ) Financial Data

In 2023, HPQ generated $53.72B in revenue, which was a decrease of -14.61% from the previous year. This can be seen as a signal that HPQ's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$56.64B

Revenue From 2021

$63.46B

12.04 %
From Previous Year

Revenue From 2022

$62.91B

-0.87 %
From Previous Year

Revenue From 2023

$53.72B

-14.61 %
From Previous Year
  • Revenue TTM $53.32B
  • Operating Margin TTM 7.5%
  • Gross profit TTM $11.51B
  • Return on assets TTM 7.0%
  • Return on equity TTM -305.2%
  • Profit Margin 5.3%
  • Book Value Per Share -1.44%
  • Market capitalisation $35.56B
  • Revenue for 2021 $63.46B
  • Revenue for 2022 $62.91B
  • Revenue for 2023 $53.72B
  • EPS this year (TTM) $2.87

HP Inc (HPQ) Latest News

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - HP Inc. (NYSE: HPQ) will host a live audio webcast on Nov 26, 2024, at 5:30 p.m. ET to discuss financial results for Q4 and the fiscal year ending October 31, 2024.

Why It Matters - HP Inc.โ€™s upcoming financial results call will reveal insights into its performance, impacting stock valuation and investor sentiment based on earnings and future guidance.

News Image

Sun, 03 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Thirteen companies are expected to announce dividend increases in early November, with notable double-digit raises from Automatic Data Processing, Roper Technologies, and Snap-on.

Why It Matters - Upcoming dividend increases signal strong company performance and financial health, potentially attracting more investors and driving stock prices higher.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - HP Inc. (NYSE: HPQ) launched the HP Amplify AI program to enhance partners' capabilities in AI adoption, introducing advanced tools and expanded global training access.

Why It Matters - HP's launch of the Amplify AI program enhances partner capabilities in AI, potentially boosting sales and market share, which could lead to improved financial performance and stock value.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Dividend stocks are recommended as strong options for buy-and-hold investors, indicating potential for steady income and long-term growth.

Why It Matters - Dividend stocks provide steady income and potential capital appreciation, appealing to buy-and-hold investors seeking long-term growth and financial stability.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - HP (HPQ) closed at $37.42, up 1.46% from the previous trading day.

Why It Matters - HP's 1.46% increase signals positive market sentiment, potentially attracting more investors and indicating stronger demand for the stock.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

Summary - Investors are facing difficulties in identifying bargains following a year of stock market gains.

Why It Matters - A challenging environment for finding bargains signals potential market saturation, which may lead to increased volatility and caution among investors regarding future growth prospects.

...

HPQ Frequently asked questions

The highest forecasted price for HPQ is $40 from at Brean Capital.

The lowest forecasted price for HPQ is $30 from from UBS

The HPQ analyst ratings consensus are 12 buy ratings, 6 hold ratings, and 0 sell ratings.