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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.โs upcoming financial results call will reveal insights into its performance, impacting stock valuation and investor sentiment based on earnings and future guidance.
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.
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.
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.
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.
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.